CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Activities
Income from continuing operations, net of tax	$ 411.4	$ 368.3	$ 314.8
Adjustments to income from continuing operations:
Depreciation and amortization	109.2	107.4	113.1
Equity-based compensation	20.2	18.1	16.5
Asbestos-related benefit, net	0.0	0.0	(74.4)	[1]
Deferred income tax expense (benefit)	(27.6)	2.9	115.7
Gain on sale of long-lived assets	(0.1)	(16.3)	(7.0)
Other non-cash charges, net	37.1	29.3	28.3
Contribution to divest asbestos-related assets and liabilities	0.0	0.0	(398.0)
Changes in assets and liabilities:
Change in receivables	(39.2)	(90.7)	(62.2)
Change in inventories	(34.4)	(99.5)	(82.7)
Change in contract assets	(0.3)	(7.4)	(2.5)
Change in contract liabilities	23.1	23.3	(3.6)
Change in accounts payable	26.3	39.4	77.6
Change in accrued expenses	47.6	(36.9)	15.8
Change in income taxes	5.4	(13.5)	8.2
Other, net	(40.7)	(46.7)	(68.0)
Net Cash – Operating activities	538.0	277.7	(8.4)
Investing Activities
Capital expenditures	(107.6)	(103.9)	(88.4)
Proceeds from sale of business	11.5	0.0	0.0
Proceeds from sale of long-lived assets	0.9	20.9	8.0
Acquisitions, net of cash acquired	(79.3)	(146.9)	0.0
Payments to acquire interest in unconsolidated subsidiaries	(2.5)	(25.6)	(1.9)
Other, net	(4.0)	0.4	0.0
Net Cash – Investing activities	(181.0)	(255.1)	(82.3)
Financing Activities
(Repayments of)/Proceeds from commercial paper, net	(266.0)	259.7	95.4
Long-term debt, repayments	(2.2)	(2.1)	(2.4)
Share repurchases under repurchase plan	(60.0)	(245.3)	(104.8)
Payments for taxes related to net share settlement of stock incentive plans	(7.2)	(8.8)	(11.7)
Dividends paid	(95.8)	(87.9)	(75.8)
Other, net	(1.1)	1.1	(0.5)
Net Cash – Financing activities	(432.3)	(83.3)	(99.8)
Exchange rate effects on cash and cash equivalents	3.6	(25.8)	(22.6)
Net cash from discontinued operations – operating activities	(0.3)	0.1	0.8
Net change in cash and cash equivalents	(72.0)	(86.4)	(212.3)
Cash and cash equivalents – beginning of year (includes restricted cash of $0.7, $0.8, and $0.8, respectively)	561.9	648.3	860.6
Cash and Cash Equivalents – end of year (includes restricted cash of $0.7, $0.7, and $0.8, respectively)	489.9	561.9	648.3
Supplemental Disclosures of Cash Flow and Non-Cash Information:
Cash paid for Interest	15.7	10.8	3.3
Cash paid for Income taxes, net of refunds received	113.1	92.7	61.3
Capital expenditures included in accounts payable	$ 25.3	$ 21.8	$ 17.5

[1] The 2021 period includes a pre-tax gain of $88.8 resulting from the InTelCo divestiture transaction. See Note 19, Commitments and Contingencies, for further information.