v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net income $ 364.7 $ 513.2
Depreciation and amortization 185.6 165.8
Intangible asset impairment 0.0 5.7
Stock-based incentive compensation 33.4 29.5
Deferred income taxes 17.1 55.0
Other non-cash adjustments 11.7 (2.2)
Changes in operating assets and liabilities (79.3) (583.7)
Net cash provided by operating activities 533.2 183.3
Investing activities:    
Additions to property, plant and equipment (100.0) (105.6)
Additions to equipment held for rental (17.3) (32.3)
Proceeds from sale of equipment held for rental 44.6 4.2
Other investing activities (7.3) (2.6)
Net cash used in investing activities (80.0) (136.3)
Financing activities:    
Proceeds from revolving credit facilities 600.8 3,136.5
Repayments of revolving credit facilities (600.8) (3,391.5)
Proceeds from issuance of debt 0.0 500.0
Repurchases of Common Stock (221.3) (159.3)
Dividends paid (106.2) (98.3)
Other financing activities (44.4) (39.0)
Net cash used in financing activities (371.9) (51.6)
Effect of exchange rate changes on cash and cash equivalents (3.1) 11.5
Increase in cash and cash equivalents 78.2 6.9
Cash and cash equivalents at beginning of period 479.8 204.9
Cash and cash equivalents at end of period 558.0 211.8
Supplemental disclosures:    
Cash paid for interest 69.9 74.9
Cash paid for income taxes, net of refunds 136.2 151.8
Operating right-of-use assets obtained 91.1 30.8
Finance right-of-use assets obtained 27.6 30.0
Property, plant and equipment additions - noncash $ 11.1 $ 10.6