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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 27.7 $ 270.3
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation 77.8 62.5
Amortization 135.7 93.8
Noncash Lease Expense 19.7 20.6
Share-Based Compensation Expense 36.2 11.2
Financing Fee Expense 26.9 1.4
Benefit from Deferred Income Taxes (54.2) (41.0)
Other Non-Cash Changes 5.7 (1.7)
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures    
Receivables 42.4 (90.2)
Inventories 154.7 (222.8)
Accounts Payable (4.3) (17.5)
Other Assets and Liabilities (141.0) 18.3
Net Cash Provided by Operating Activities 327.3 104.9
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (63.5) (32.6)
Proceeds Received from Sales of Property, Plant and Equipment 6.1 5.5
Business Acquisitions, Net of Cash Acquired (4,870.2) (35.0)
Net Cash Used in Investing Activities (4,927.6) (62.1)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 1,412.3 1,521.5
Repayments Under Revolving Credit Facility (1,726.3) (1,698.2)
Proceeds from Short-Term Borrowings 29.1 6.0
Repayments of Short-Term Borrowings (32.8) (8.0)
Proceeds from Long-Term Borrowings 5,532.9 1,536.8
Repayments of Long-Term Borrowings (536.5) (1,108.4)
Dividends Paid to Shareholders (46.4) (44.3)
Shares Surrendered for Taxes (9.2) (8.1)
Proceeds from the Exercise of Stock Options 1.5 3.4
Repurchase of Common Stock 0.0 (184.0)
Distributions to Noncontrolling Interests (8.4) 0.0
Financing Fees Paid (51.1) (6.5)
Net Cash Provided By Financing Activities 4,565.1 10.2
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS 6.3 (23.3)
Net (Decrease) Increase in Cash and Cash Equivalents (28.9) 29.7
Cash and Cash Equivalents at Beginning of Period 688.5 672.8
Cash and Cash Equivalents at End of Period 659.6 702.5
Cash Paid For:    
Interest 99.5 20.0
Income taxes $ 116.9 $ 96.7