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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Consolidated net income $ 259.1 $ 253.0
Adjustments to reconcile consolidated net income to net cash flows from operating activities:    
Depreciation and amortization 142.8 142.0
Deferred income taxes (30.0) (21.0)
Stock-based compensation expense 46.1 38.8
Provision for bad debt 2.5 6.3
Equity in investments of unconsolidated entities 3.9 5.3
Gain on sale of business 0.0 (45.3)
Other, net (3.3) 2.8
Changes in operating assets and liabilities:    
Accounts receivable 0.8 8.2
Accounts payable and accrued liabilities (2.6) 4.7
Accrued compensation and deferred commissions (24.6) 16.1
Income taxes (18.7) 25.2
Deferred revenue 6.0 18.5
Other assets and liabilities 3.7 (16.4)
Cash provided by operating activities 385.7 438.2
Investing activities    
Purchases of investment securities (18.5) (12.5)
Proceeds from maturities and sales of investment securities 32.6 23.6
Capital expenditures (104.4) (102.1)
Acquisitions, net of cash acquired (39.1) 0.0
Proceeds from sale of business 0.0 52.2
Purchases of investments in unconsolidated entities (3.3) (6.8)
Other, net 5.1 0.2
Cash used for investing activities (127.6) (45.4)
Financing activities    
Common shares repurchased (391.7) 0.0
Dividends paid (58.0) (52.0)
Proceeds from revolving credit facility 370.0 90.0
Repayment of revolving credit facility (220.0) (105.0)
Repayment of term facility 0.0 (93.1)
Employee taxes withheld for stock awards (21.0) (25.4)
Other, net 0.0 0.2
Cash used for financing activities (320.7) (185.3)
Effect of exchange rate changes on cash and cash equivalents 34.1 7.5
Net increase (decrease) in cash and cash equivalents (28.5) 215.0
Cash and cash equivalents—beginning of period 502.7 337.9
Cash and cash equivalents—end of period 474.2 552.9
Supplemental disclosure of cash flow information    
Cash paid for income taxes 134.0 66.0
Cash paid for interest $ 24.3 $ 36.9