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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net earnings $ 99.8 $ 143.0
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 43.0 42.6
Deferred income taxes 7.8 14.3
Provision for expected credit losses 3.7 2.9
Share-based compensation 15.0 12.0
Changes in operating assets and liabilities:    
Accounts receivable 107.9 186.3
Other assets (70.1) (63.2)
Other liabilities (229.0) (369.1)
Cash used in operating activities (21.9) (31.2)
Cash Flows from Investing Activities:    
Capital expenditures (23.7) (34.6)
Net proceeds from the sales of subsidiaries and property and equipment 2.1 0.1
Cash used in investing activities (21.6) (34.5)
Cash Flows from Financing Activities:    
Net change in short-term borrowings 49.2 (9.5)
Net proceeds from revolving debt facility 76.0 4.0
Proceeds from long-term debt 0.5 0.4
Repayments of long-term debt (1.0) (0.5)
Payments of contingent consideration for acquisitions (2.8) 0.0
Proceeds from share-based awards 0.7 1.7
Payments to noncontrolling interests (0.2) (0.6)
Other share-based award transactions (10.5) (9.8)
Repurchases of common stock (77.0) (79.9)
Dividends paid (73.5) (73.1)
Cash used in financing activities (38.6) (167.3)
Effect of exchange rate changes on cash (30.3) 1.6
Change in cash and cash equivalents (112.4) (231.4)
Cash and cash equivalents, beginning of period 581.3 639.0
Cash and cash equivalents, end of period 468.9 407.6
Supplemental Cash Flow Information:    
Interest paid 37.2 49.1
Income taxes paid, net 89.9 91.8
Non-cash operating activity:    
Right-of-use assets obtained in exchange for new operating lease liabilities $ 27.8 $ 73.1