In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Operating Activities | | | | | | | | |
Net income | 355.0 | 427.0 | 254.0 | 401.0 | 549.0 | 330.0 | 260.0 | 340.0 |
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Adjustments to reconcile net income to net cash from operating activities: | | | | | | | | |
Depreciation | 111.0 | 118.0 | 117.0 | 117.0 | 117.0 | 109.0 | 87.0 | 88.0 |
Amortization | 125.0 | 127.0 | 134.0 | 140.0 | 144.0 | 125.0 | 64.0 | 45.0 |
Share-based compensation | 37.0 | 33.0 | 26.0 | 29.0 | 30.0 | 21.0 | 18.0 | 15.0 |
Restructuring and asset impairment charges | 7.0 | -43.0 | 39.0 | 33.0 | 1.0 | -3.0 | 14.0 | -8.0 |
Gain from sale of business | -1.0 | -2.0 | | -1.0 | | 10.0 | | -9.0 |
Other, net | -4.0 | 8.0 | 46.0 | 9.0 | 9.0 | 19.0 | 6.0 | 12.0 |
Payments for restructuring | 7.0 | -43.0 | 39.0 | 33.0 | 1.0 | -3.0 | 14.0 | -8.0 |
Changes in assets and liabilities (net of acquisitions): | | | | | | | | |
Changes in receivables | -192.0 | -70.0 | 109.0 | -23.0 | -103.0 | -79.0 | -6.0 | -24.0 |
Changes in inventories | -147.0 | -167.0 | -5.0 | 47.0 | -97.0 | 27.0 | -15.0 | 23.0 |
Changes in accounts payable | 117.0 | 81.0 | -39.0 | 29.0 | 51.0 | 50.0 | 61.0 | 20.0 |
Changes in accrued and deferred taxes | 57.0 | -9.0 | 20.0 | -13.0 | | 104.0 | -13.0 | -3.0 |
Other, net | | | | | | | | |
Net Cash – Operating activities | 596.0 | 538.0 | 824.0 | 839.0 | 586.0 | 686.0 | 497.0 | 464.0 |
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Investing Activities | | | | | | | | |
Capital expenditures | -208.0 | -208.0 | -183.0 | -226.0 | -237.0 | -170.0 | -124.0 | -117.0 |
Acquisitions of businesses, net of cash acquired | | | | -18.0 | -433.0 | -33.0 | -1,782.0 | -18.0 |
Proceeds from the sale of property, plant and equipment | | | | | | 1.0 | 1.0 | |
Cash received from investments | 8.0 | 3.0 | 200.0 | 11.0 | 11.0 | 10.0 | | |
Cash paid for investments | -11.0 | | -200.0 | -7.0 | -11.0 | -11.0 | | |
Cash received from cross-currency swaps | 28.0 | 14.0 | 12.0 | 9.0 | | | | |
Other, net | 1.0 | -2.0 | 2.0 | | 5.0 | 6.0 | 19.0 | 2.0 |
Net Cash – Investing activities | -191.0 | -183.0 | -169.0 | -231.0 | -643.0 | -181.0 | -1,886.0 | -132.0 |
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Financing Activities | | | | | | | | |
Short-term debt issued, net | | | 359.0 | 281.0 | 335.0 | | 274.0 | |
Long-term debt repaid | -527.0 | -600.0 | | | -120.0 | | -608.0 | |
Repurchase of common stock | -52.0 | -68.0 | -61.0 | -40.0 | -59.0 | -25.0 | -4.0 | -179.0 |
Proceeds from exercise of employee stock options | 8.0 | 19.0 | 20.0 | 13.0 | 7.0 | 16.0 | 24.0 | 21.0 |
Dividends paid | -217.0 | -203.0 | -188.0 | -174.0 | -152.0 | -130.0 | -112.0 | |
Other, net | -2.0 | -3.0 | -2.0 | -3.0 | | | | -1.0 |
Net Cash – Financing activities | -790.0 | -855.0 | 473.0 | -177.0 | -40.0 | -421.0 | 1,034.0 | -262.0 |
Effect of exchange rate changes on cash | -20.0 | -26.0 | 23.0 | | | | | |
Net change in cash and cash equivalents | -405.0 | -526.0 | 1,151.0 | 428.0 | -118.0 | | | |
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Supplemental disclosure of cash flow information: | | | | | | | | |
Cash paid during the period for: | | | | | | | | |
Interest | 76.0 | 99.0 | 77.0 | 77.0 | 78.0 | 78.0 | 49.0 | 52.0 |
Income taxes (net of refunds received) | 91.0 | 83.0 | 41.0 | 107.0 | 75.0 | 57.0 | 78.0 | 75.0 |