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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 83.4 $ 27.7
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities (Net of Acquisitions and Divestitures):    
Depreciation 82.0 77.8
Amortization 173.2 135.7
Loss on Sale of Businesses 4.3 0.0
Noncash Lease Expense 22.2 19.7
Share-Based Compensation Expense 18.6 36.2
Financing Fee Expense 6.2 26.9
Benefit from Deferred Income Taxes (53.8) (54.2)
Other Non-Cash Changes 6.2 5.7
Change in Operating Assets and Liabilities, Net of Acquisitions and Divestitures    
Receivables (16.8) 42.4
Inventories (45.8) 154.7
Accounts Payable 24.9 (4.3)
Other Assets and Liabilities (63.2) (141.0)
Net Cash Provided by Operating Activities 241.4 327.3
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to Property, Plant and Equipment (50.9) (63.5)
Business Acquisitions, Net of Cash Acquired 0.0 (4,870.2)
Proceeds Received from Sales of Property, Plant and Equipment 1.3 6.1
Proceeds Received from Sale of Businesses, Net of Cash Transferred 374.8 0.0
Net Cash Provided by (Used in) Investing Activities 325.2 (4,927.6)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings Under Revolving Credit Facility 935.2 1,412.3
Repayments Under Revolving Credit Facility (1,007.3) (1,726.3)
Proceeds from Short-Term Borrowings 0.0 29.1
Repayments of Short-Term Borrowings 0.0 (32.8)
Proceeds from Long-Term Borrowings 0.0 5,532.9
Repayments of Long-Term Borrowings (546.3) (536.5)
Dividends Paid to Shareholders (46.6) (46.4)
Shares Surrendered for Taxes (11.3) (9.2)
Proceeds from the Exercise of Stock Options 3.8 1.5
Financing Fees Paid 0.0 (51.1)
Distributions to Noncontrolling Interests 0.0 (8.4)
Net Cash (Used in) Provided By Financing Activities (672.5) 4,565.1
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (19.0) 6.3
Net (Decrease) Increase in Cash and Cash Equivalents (124.9) (28.9)
Cash and Cash Equivalents at Beginning of Period 635.3 688.5
Cash and Cash Equivalents at End of Period 510.4 659.6
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest 198.8 99.5
Income taxes $ 66.8 $ 116.9