Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash Flows from Operating Activities
Net income	$ 273.4	$ 304.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	117.0	111.1
Deferred income taxes	(4.3)	(2.9)
Stock-based compensation	20.0	13.5
Provision for bad debt expense	8.3	0.8
Gain on disposition of business	0.0	(21.7)
Pension charge	6.6	22.9
Changes in assets and liabilities, excluding effects of acquisitions:
Decrease (increase) in accounts receivable, net	(42.1)	(67.5)
Decrease (increase) in inventories, net	45.1	(23.4)
Increase in accounts payable	45.0	30.6
Decrease in current liabilities	(44.8)	(2.4)
Changes in other assets and liabilities, net	27.3	15.7
Contribution to qualified defined benefit pension plans	(2.8)	(0.3)
Other, net	6.9	4.4
Net cash provided by operating activities	455.6	385.1
Cash Flows from Investing Activities
Capital expenditures	(51.7)	(72.6)
Proceeds from disposal of business, net of cash	0.0	33.4
Acquisition of businesses, net of cash acquired	(2.0)	(5.0)
Purchases of available-for-sale investments	(14.3)	(4.5)
Proceeds from available-for-sale investments	16.5	10.4
Other, net	5.1	3.8
Net cash used in investing activities	(46.4)	(34.5)
Cash Flows from Financing Activities
Long-term debt borrowings	225.0	0.0
Long-term debt repayments	(331.3)	(18.8)
Short-term debt (repayments), net	(9.0)	(26.6)
Payment of dividends to shareholders	(148.2)	(137.1)
Payment of dividends to noncontrolling interest	(2.1)	(11.1)
Repurchase of common stock	(41.3)	(35.0)
Other, net	(9.2)	(9.1)
Net cash (used) provided by financing activities	(316.1)	(237.7)
Effect of exchange rate changes on cash and cash equivalents	(5.9)	(1.9)
Increase in cash and cash equivalents	87.2	111.0
Cash and cash equivalents
Beginning of period	182.0	189.0
End of period	$ 269.2	$ 300.0