| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net earnings from continuing operations | ||||||||||||||||
42,300 | 178,800 | 207,300 | 175,300 | 164,000 | 240,100 | 214,000 | 250,200 | 214,000 | 176,700 | 267,800 | 240,100 | 199,700 | 92,400 | 226,900 | 238,900 | 182,000 |
Noncash items: | ||||||||||||||||
Depreciation | ||||||||||||||||
32,100 | 35,600 | 35,000 | 33,000 | 29,700 | 34,500 | 30,100 | 30,100 | 31,000 | 20,900 | 25,200 | 23,800 | 23,400 | 8,900 | 22,600 | 22,600 | 21,500 |
Amortization | ||||||||||||||||
85,500 | 81,500 | 81,800 | 77,400 | 52,200 | 53,800 | 32,300 | 24,100 | 24,900 | 23,700 | 14,700 | 13,300 | 13,300 | 18,100 | 22,500 | 22,300 | 22,400 |
Stock-based compensation expense | ||||||||||||||||
16,100 | 15,900 | 16,700 | 15,900 | 12,900 | 13,400 | 13,000 | 13,400 | 11,000 | 7,000 | 11,900 | 13,300 | 12,000 | 6,300 | 12,000 | 10,900 | 11,500 |
Impairment of goodwill | ||||||||||||||||
85,300 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Change in trade accounts receivable, net | ||||||||||||||||
-22,800 | 33,400 | 31,200 | 152,200 | -49,900 | 34,100 | 36,200 | 31,800 | 3,800 | 24,600 | 10,100 | 30,700 | -10,000 | -23,900 | 20,000 | 31,100 | -61,000 |
Change in inventories | ||||||||||||||||
16,600 | -49,400 | -23,600 | -79,100 | 33,300 | 0 | 10,600 | 33,000 | 29,800 | -9,300 | -16,100 | -16,300 | 24,200 | -3,600 | -1,400 | 11,700 | 24,600 |
Change in trade accounts payable | ||||||||||||||||
-6,700 | 61,600 | 3,800 | 28,900 | -40,600 | 48,600 | -2,900 | 59,100 | -28,600 | 68,900 | -22,400 | 18,700 | -47,500 | 49,700 | -25,400 | 27,000 | -39,000 |
Change in prepaid expenses and other assets | ||||||||||||||||
-30,200 | 48,600 | 47,900 | 6,800 | 60,400 | -92,500 | -11,700 | 35,600 | 5,300 | 82,600 | 9,600 | 7,700 | 600 | 3,400 | 8,000 | 10,700 | -5,400 |
Change in accrued expenses and other liabilities | ||||||||||||||||
-99,600 | 129,400 | 131,100 | 9,600 | -13,200 | -35,200 | 104,400 | 15,800 | -82,600 | 174,500 | 40,700 | -41,400 | -37,800 | -22,500 | 96,100 | 42,400 | -63,000 |
Total operating cash provided by continuing operations | ||||||||||||||||
191,400 | 484,500 | 379,000 | 260,200 | 161,200 | 422,400 | 355,800 | 292,300 | 130,800 | - | - | - | - | - | - | - | - |
Total operating cash used in discontinued operations | ||||||||||||||||
-400 | -9,100 | 2,000 | -1,400 | -5,000 | 22,400 | 30,900 | 49,600 | 40,200 | - | - | - | - | - | - | - | - |
Net cash provided by operating activities | ||||||||||||||||
191,000 | 475,400 | 381,000 | 258,800 | 156,200 | 444,800 | 386,700 | 341,900 | 171,000 | 463,400 | 319,000 | 245,700 | 148,300 | 317,500 | 331,600 | 310,600 | 177,200 |
Cash flows from investing activities: | ||||||||||||||||
Payments for additions to property, plant and equipment | ||||||||||||||||
33,800 | 32,900 | 31,100 | 24,500 | 24,000 | 35,500 | 29,100 | 21,800 | 25,900 | 23,400 | 32,100 | 28,800 | 26,800 | 20,100 | 28,600 | 33,000 | 28,400 |
Cash paid for acquisitions, net of cash received | ||||||||||||||||
10,600 | 556,200 | 150,600 | 3,237,100 | 0 | -10,100 | 2,815,900 | 1,600 | 7,700 | 754,500 | 802,100 | 0 | 0 | -500 | 177,800 | 0 | 12,800 |
All other investing activities | ||||||||||||||||
-200 | -1,800 | 0 | 0 | 0 | 46,100 | -200 | -3,700 | -100 | 0 | -4,500 | 2,400 | 600 | 4,300 | 100 | -2,400 | -2,000 |
Total investing cash used in continuing operations | ||||||||||||||||
- | - | - | - | - | -71,500 | -2,844,800 | -19,700 | -33,500 | - | - | - | - | - | - | - | - |
Total investing cash provided by (used in) discontinued operations | ||||||||||||||||
- | - | - | - | - | 1,019,700 | -5,800 | -5,500 | -5,500 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||
-44,200 | -587,300 | -181,700 | -3,261,600 | -24,000 | 948,200 | -2,850,600 | -25,200 | -39,000 | -781,400 | -829,700 | -31,200 | -27,400 | -34,500 | -206,500 | -30,600 | -39,200 |
Cash flows from financing activities: | ||||||||||||||||
Net proceeds from (repayments of) commercial paper borrowings | ||||||||||||||||
-382,800 | -200,700 | -196,800 | 448,500 | 443,800 | -201,800 | 261,600 | -251,700 | -74,200 | 379,400 | 335,600 | -63,300 | -95,500 | -151,800 | 525,600 | 0 | 0 |
Proceeds from borrowings (maturities longer than 90 days), net of issuance costs of $1 million and $24 million in 2020 and 2019, respectively | ||||||||||||||||
373,800 | 500,000 | 0 | -4,600 | 2,417,800 | 0 | 1,750,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Repayment of borrowings (maturities greater than 90 days) | ||||||||||||||||
250,000 | 0 | 0 | 52,400 | 402,900 | 1,125,000 | 725,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Payment of common stock cash dividend to shareholders | ||||||||||||||||
23,500 | 23,500 | 23,500 | 23,400 | 23,400 | 23,400 | 24,500 | 24,400 | 24,300 | 24,400 | 24,200 | 24,400 | 24,200 | 24,200 | 24,200 | 0 | 0 |
Payment of mandatory convertible preferred stock cash dividend to shareholders | ||||||||||||||||
0 | 34,500 | 0 | 17,200 | 17,300 | 17,300 | 17,600 | 0 | 0 | - | - | - | - | - | - | - | - |
Net Transfers To Former Parent | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | -500 | -438,900 | 138,000 |
All other financing activities | ||||||||||||||||
-700 | -3,400 | 8,900 | 14,300 | -6,800 | 12,100 | 11,900 | 10,900 | 4,400 | 2,500 | 3,600 | 7,000 | 300 | 2,500 | -2,200 | 0 | 0 |
Total financing cash provided by continuing operations | ||||||||||||||||
- | - | - | - | - | -1,355,400 | 1,255,600 | 1,073,000 | -94,100 | - | - | - | - | - | - | - | - |
Total financing cash provided by discontinued operations | ||||||||||||||||
- | - | - | - | - | - | - | 0 | -100 | - | - | - | - | - | - | - | - |
Net cash (used in) provided by financing activities | ||||||||||||||||
-283,200 | 237,900 | -211,400 | 365,200 | 2,411,200 | -1,355,400 | 1,255,700 | 1,073,000 | -94,200 | 358,900 | 440,900 | -80,700 | -119,400 | -177,000 | 111,600 | 207,200 | -138,000 |
Effect of exchange rate changes on cash and equivalents | ||||||||||||||||
-28,300 | 18,700 | -19,500 | 800 | 7,100 | -4,300 | -14,900 | -37,200 | 15,800 | 10,300 | 12,300 | 17,000 | 12,900 | -27,600 | 900 | 0 | 0 |
Net change in cash and equivalents | ||||||||||||||||
-164,700 | 144,700 | -31,600 | -2,636,800 | 2,550,500 | 33,300 | -1,223,100 | 1,352,500 | 53,600 | 51,200 | -57,500 | 150,800 | 14,400 | 78,400 | 237,600 | 487,200 | 0 |