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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net earnings $ 39.7 $ 77.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 21.6 21.0
Deferred income taxes 7.5 18.2
Provision for expected credit losses 2.6 0.1
Share-based compensation 7.5 5.1
Changes in operating assets and liabilities:    
Accounts receivable 283.9 398.0
Other assets (62.5) (37.3)
Other liabilities (184.3) (358.3)
Cash provided by operating activities 116.0 124.6
Cash Flows from Investing Activities:    
Capital expenditures (11.8) (13.2)
Net proceeds from the sale of property and equipment 2.1 0.0
Cash used in investing activities (9.7) (13.2)
Cash Flows from Financing Activities:    
Net change in short-term borrowings 3.7 (10.7)
Proceeds from long-term debt 0.0 0.2
Repayments of long-term debt (0.2) (0.2)
Payments of contingent consideration for acquisitions (1.1) 0.0
Proceeds from share-based awards 0.4 1.7
Other share-based award transactions (10.3) (9.8)
Repurchases of common stock (50.0) (30.0)
Cash used in financing activities (57.5) (48.8)
Effect of exchange rate changes on cash (25.3) 5.1
Change in cash and cash equivalents 23.5 67.7
Cash and cash equivalents, beginning of period 581.3 639.0
Cash and cash equivalents, end of period 604.8 706.7
Supplemental Cash Flow Information:    
Interest paid 14.4 10.7
Income taxes paid, net 35.8 29.0
Non-cash operating activity:    
Right-of-use assets obtained in exchange for new operating lease liabilities $ 21.5 $ 30.7