UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Operating activities:
Net income	$ 434.7	$ 572.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	138.4	130.2
Stock-based compensation expense	28.1	26.9
Other	(5.2)	3.7
Changes in operating assets and liabilities (excluding effect of businesses acquired):
Accounts receivable	(326.8)	(142.2)
Inventories	(219.8)	(141.0)
Prepaid expenses and other assets	117.6	84.5
Accounts payable and other liabilities	126.5	(41.6)
Net cash provided by operating activities	293.5	492.6
Investing activities:
Acquisitions, net of cash acquired	(2.8)	(346.5)
Purchases of property, plant and equipment	(174.5)	(206.9)
Proceeds from sales of property, plant and equipment	12.9	2.1
Other	5.6	(10.7)
Net cash used in investing activities	(158.8)	(562.0)
Financing activities:
Proceeds from long-term debt borrowings	1,063.0
Principal payments on long-term debt	(781.0)
Cash dividends and dividend equivalents	(128.3)	(127.9)
Share repurchases	(333.1)	(519.3)
Taxes paid related to net share settlement of restricted stock units	(11.6)	(24.1)
Excise tax on repurchase of common shares	(10.0)
Other	(21.0)	17.2
Net cash used in financing activities	(222.0)	(654.1)
Effect of exchange rate changes on cash and cash equivalents	8.7	(5.9)
Decrease in cash and cash equivalents	(78.6)	(729.4)
Cash and cash equivalents, beginning balance	318.1	1,080.2
Cash and cash equivalents, ending balance	239.5	350.8
Supplemental cash flow information:
Interest paid	24.0	18.0
Income taxes paid, net	$ 71.0	$ 147.7