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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Consolidated net income $ 152.0 $ 183.0 $ 136.9
Adjustments to reconcile consolidated net income to net cash flows from operating activities:      
Depreciation and amortization 117.7 96.7 91.2
Deferred income taxes (6.0) (1.1) (14.1)
Stock-based compensation expense 44.4 31.7 24.1
Provision for bad debt 2.3 2.5 2.3
Equity in net loss of unconsolidated entities 0.9 2.1 1.3
Gain on sale of business 0.0 0.0 (16.7)
Gain on sale of a product line 0.0 (10.5) 0.0
Gain on sale of equity investments (19.5) (5.6) 0.0
Other, net 1.1 (2.5) 1.8
Changes in operating assets and liabilities      
Accounts receivable 11.3 (29.6) (1.2)
Accounts payable and accrued liabilities 3.2 6.0 0.7
Accrued compensation and deferred commissions 17.1 15.6 20.2
Income taxes—current (11.6) (12.4) 9.7
Deferred revenue 28.1 28.6 2.5
Increase (Decrease) in Other Operating Assets and Liabilities, Net (6.6) 10.3 (8.6)
Cash provided by operating activities 334.4 314.8 250.1
Investing activities      
Purchases of investment securities (36.2) (35.7) (34.9)
Proceeds from maturities and sales of investment securities 35.8 51.2 42.2
Capital expenditures (80.0) (76.1) (66.6)
Acquisitions, net of cash acquired (681.9) (0.4) (1.0)
Proceeds from sale of a business, net 0.0 0.0 23.7
Proceeds from sale of a product line 0.0 10.5 0.0
Proceeds from sale of equity-method investments, net 17.6 7.9 0.0
Purchases of equity- and cost-method investments (1.5) (7.4) (24.8)
Other, net (0.1) 0.1 0.6
Cash used for investing activities (746.3) (49.9) (60.8)
Financing activities      
Common shares repurchased (4.9) (20.9) (42.3)
Dividends paid (47.8) (42.6) (39.3)
Proceeds from long-term debt 610.0 0.0 0.0
Repayment of long-term debt (165.6) (110.0) (70.0)
Proceeds from stock-option exercises 0.2 0.1 0.2
Employee taxes withheld for restricted stock units (15.2) (13.3) (4.8)
Other, net (3.0) (2.1) (1.3)
Cash provided by (used for) financing activities 373.7 (188.8) (157.5)
Effect of exchange rate changes on cash and cash equivalents 3.0 (15.0) 17.3
Net (decrease) increase in cash and cash equivalents (35.2) 61.1 49.1
Cash and cash equivalents—beginning of period 369.3 308.2 259.1
Cash and cash equivalents—end of period 334.1 369.3 308.2
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 63.3 67.0 47.1
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.0 3.7 5.4
Supplemental information of non-cash investing and financing activities:      
Unrealized gain (loss) on available-for-sale investments $ 3.9 $ (2.7) $ 2.0