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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 332 $ 339
Adjustments to reconcile net income to total net cash from operating activities:    
Depreciation 158 169
Amortization 408 441
Net periodic benefit of defined benefit pension plans (132) (106)
Provision for doubtful receivables from clients 10 15
Benefit from deferred income taxes (70) (56)
Share-based compensation 15 48
Net loss on disposal of operations 9 10
Non-cash foreign exchange loss 23 79
Other, net 5 (21)
Changes in operating assets and liabilities, net of effects from purchase of subsidiaries:    
Accounts receivable 332 31
Fiduciary assets (1,298) (1,233)
Fiduciary liabilities 1,298 1,233
Other assets (52) (95)
Other liabilities (340) (351)
Provisions 18 12
Net cash from operating activities 716 515
CASH FLOWS USED IN INVESTING ACTIVITIES    
Additions to fixed assets and software for internal use (209) (198)
Capitalized software costs (41) (52)
Acquisitions of operations, net of cash acquired (8) (13)
Net proceeds from sale of operations 4 0
Other, net 14 1
Net cash used in investing activities (240) (262)
CASH FLOWS USED IN FINANCING ACTIVITIES    
Net (payments)/borrowings on revolving credit facility (654) 675
Senior notes issued 998 650
Proceeds from issuance of other debt 0 32
Debt issuance costs (8) (9)
Repayments of debt (170) (714)
Repurchase of shares (401) (462)
Proceeds from issuance of shares 21 44
Payments related to share cancellation 0 (177)
Payments of deferred and contingent consideration related to acquisitions (50) (43)
Cash paid for employee taxes on withholding shares (30) (14)
Dividends paid (228) (209)
Acquisitions of and dividends paid to non-controlling interests (20) (19)
Net cash used in financing activities (542) (246)
(DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (66) 7
Effect of exchange rate changes on cash and cash equivalents (33) 35
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,030 870
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 931 $ 912