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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 442 $ 286
Adjustments to reconcile net income to total net cash from operating activities:    
Depreciation 113 104
Amortization 250 281
Non-cash lease expense 72 0
Net periodic benefit of defined benefit pension plans (64) (78)
Provision for doubtful receivables from clients 10 10
Benefit from deferred income taxes (41) (48)
Share-based compensation 27 4
Net loss on disposal of operations 0 9
Non-cash foreign exchange loss 13 15
Other, net (6) 3
Changes in operating assets and liabilities, net of effects from purchase of subsidiaries:    
Accounts receivable (82) 81
Fiduciary assets (1,961) (2,193)
Fiduciary liabilities 1,961 2,193
Other assets (164) 70
Other liabilities (285) (325)
Provisions 18 (17)
Net cash from operating activities 303 395
CASH FLOWS USED IN INVESTING ACTIVITIES    
Additions to fixed assets and software for internal use (120) (141)
Capitalized software costs (34) (25)
Acquisitions of operations, net of cash acquired (1) (8)
Net proceeds from sale of operations 13 4
Other, net (6) 17
Net cash used in investing activities (148) (153)
CASH FLOWS USED IN FINANCING ACTIVITIES    
Net (payments)/borrowings on revolving credit facility (106) 197
Repayments of debt (3) (43)
Repurchase of shares (51) (269)
Proceeds from issuance of shares 27 18
Payments of deferred and contingent consideration related to acquisitions (47) (41)
Cash paid for employee taxes on withholding shares (12) (30)
Dividends paid (161) (149)
Acquisitions of and dividends paid to non-controlling interests (21) (18)
Net cash used in financing activities (374) (335)
DECREASE IN CASH AND CASH EQUIVALENTS (219) (93)
Effect of exchange rate changes on cash and cash equivalents (2) (26)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 1,033 1,030
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 812 $ 911