CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Operating activities:
Net income	$ 1,098.5	$ 598.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	118.4	115.4
Provision for credit losses	6.6	6.7
Deferred income tax benefit	(0.7)	(0.2)
Stock-based compensation expense	29.8	37.9
Net loss on life insurance policies and deferred compensation plan assets	(15.4)	(2.3)
Other	3.1	(4.0)
Changes in operating assets and liabilities (excluding effect of businesses acquired):
Accounts receivable	(380.6)	(568.3)
Inventories	(291.2)	(217.8)
Prepaid expenses and other assets	29.2	32.1
Accounts payable and other liabilities	45.7	260.9
Net cash provided by operating activities	674.2	263.4
Investing activities:
Purchases of property, plant and equipment	(154.2)	(123.8)
Proceeds from sales of property, plant and equipment	9.2	26.1
Other	(4.4)	(0.9)
Net cash used in investing activities	(149.4)	(98.6)
Financing activities:
Net short-term debt repayments	(0.8)	(0.8)
Dividends and dividend equivalents paid	(110.6)	(88.6)
Share repurchases	(211.0)	(24.0)
Payments for taxes related to net share settlements	(17.1)	(8.3)
Other	23.0	(0.7)
Net cash used in financing activities	(316.5)	(122.4)
Effect of exchange rate changes on cash and cash equivalents	(4.3)	1.7
Increase in cash and cash equivalents	204.0	44.1
Cash and cash equivalents at beginning of year	300.5	683.5
Cash and cash equivalents at end of period	504.5	727.6
Supplemental cash flow information:
Interest paid during the period	30.3	30.3
Income taxes paid during the period, net	$ 427.2	$ 181.3