Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash Flows from Operating Activities
Net income	$ 79.1	$ 75.7
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	42.6	38.9
Deferred income taxes	1.7	1.6
Stock-based compensation	9.5	11.6
Provision for bad debt expense	(0.5)	5.3
Changes in assets and liabilities, excluding effects of acquisitions:
Decrease (increase) in accounts receivable, net	(68.2)	(36.8)
Decrease (increase) in inventories, net	(12.1)	32.7
Increase in accounts payable	45.2	15.2
Decrease in current liabilities	(48.3)	(48.8)
Changes in other assets and liabilities, net	13.8	7.5
Contribution to qualified defined benefit pension plans	(0.1)	(0.1)
Other, net	(3.8)	5.6
Net cash provided by operating activities	58.9	108.4
Cash Flows from Investing Activities
Capital expenditures	(19.6)	(17.8)
Acquisition of businesses, net of cash acquired	0.1	(2.1)
Purchases of available-for-sale investments	(2.3)	(4.7)
Proceeds from available-for-sale investments	1.2	6.5
Other, net	5.3	2.5
Net cash used in investing activities	(15.3)	(15.6)
Cash Flows from Financing Activities
Long-term debt borrowings	298.7	100.0
Long-term debt repayments	0.0	(6.3)
Short-term debt (repayments) borrowings, net	(91.6)	38.1
Payment of dividends to shareholders	(53.2)	(49.5)
Payment of dividends to noncontrolling interest	(1.4)	(0.6)
Repurchase of common stock	(10.0)	(41.3)
Debt Issuance costs	(3.2)	0.0
Other, net	(6.9)	(4.7)
Net cash (used) provided by financing activities	132.4	35.7
Effect of exchange rate changes on cash and cash equivalents	(1.8)	(10.5)
Increase in cash and cash equivalents	174.2	118.0
Cash and cash equivalents
Beginning of period	259.6	182.0
End of period	$ 433.8	$ 300.0