v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net earnings $ 242.9 $ 288.8
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation and amortization 48.5 41.2
Share-based compensation expense 9.3 8.6
Deferred income taxes 25.1 (9.1)
Non-cash impairment 12.4 0.0
Net changes in operating assets and liabilities:    
Current assets and liabilities (97.1) (159.0)
Noncurrent assets and liabilities 12.7 7.8
Cash Provided by Operating Activities 253.8 178.3
Investing Activities    
Capital expenditures (20.5) (38.4)
Acquisition of business (470.0) 0.0
Investments in marketable securities 0.0 (22.6)
Net proceeds from sale of marketable securities 18.7 59.2
Cash Used in Investing Activities (471.8) (1.8)
Financing Activities    
Proceeds from debt 819.0 611.3
Repayments of debt (333.2) (503.1)
Common stock repurchases (162.4) (251.3)
Net payments from stock option activity 0.0 (0.5)
Dividends paid (99.8) (97.5)
Cash Provided by (Used in) Financing Activities 223.6 (241.1)
Effect of exchange rate changes on cash and cash equivalents 1.2 2.9
Net increase (decrease) in cash and cash equivalents 6.8 (61.7)
Cash and cash equivalents - beginning of period 174.5 239.6
Cash and Cash Equivalents - End of Period $ 181.3 $ 177.9