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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Consolidated net earnings $ 538.0 $ 480.9
Adjustments to reconcile consolidated net earnings to net cash provided by operating activities:    
Depreciation, depletion and amortization 292.2 277.0
Stock-based compensation expense 22.4 28.4
Gain on divestitures and sales of assets (71.2) (5.0)
Deferred income taxes 24.8 18.4
Other items, net 0.8 11.4
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable, net (104.5) (240.6)
Inventories, net (22.6) 13.6
Accounts payable (0.8) 65.9
Other assets and liabilities, net 4.9 (0.2)
Net Cash Provided by Operating Activities 684.0 649.8
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (250.8) (283.0)
Acquisitions, net (64.0)  
Proceeds from divestitures and sales of assets 141.2 7.0
Investments in life insurance contracts, net (12.7) 0.5
Other investing activities, net (5.4) (1.2)
Net Cash Used for Investing Activities (191.7) (276.7)
Cash Flows from Financing Activities:    
Borrowings of debt 628.1 245.0
Repayments of debt (777.0) (445.0)
Payments on financing leases (2.3) (2.7)
Debt issuance costs (2.0)  
Distributions to owners of noncontrolling interest   (0.6)
Repurchases of common stock (50.0) (57.3)
Dividends paid (104.8) (95.2)
Proceeds from exercise of stock options 1.4 12.3
Shares withheld for employees' income tax obligations (13.0) (25.4)
Net Cash Used for Financing Activities (319.6) (368.9)
Net Increase in Cash, Cash Equivalents and Restricted Cash 172.7 4.2
Cash, Cash Equivalents and Restricted Cash, beginning of period 21.0 44.9
Cash, Cash Equivalents and Restricted Cash, end of period $ 193.7 $ 49.1