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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 373.7 $ 152.8
Funds receivable and funds held on behalf of clients 1,073.1 1,729.9
Accounts receivable, net of allowance for doubtful accounts of $14.6 and $13.2, respectively 686.6 669.7
Contract asset 27.7 20.0
Prepaid expenses and other current assets 167.3 204.5
Restricted cash and cash equivalents 8.3 9.0
Total current assets 2,336.7 2,785.9
Property, plant and equipment, net (Note 2) 436.4 466.4
Operating lease right-of-use assets 358.0 375.3
Investments (Note 3) 175.5 160.1
Unconsolidated affiliates (Note 4) 228.2 234.8
Contract asset 78.6 78.6
Goodwill (Note 6) 7,859.7 7,959.9
Intangible and other assets, net of accumulated amortization of $2,159.9 and $2,022.0, respectively 4,501.0 4,680.1
Total assets 15,974.1 16,741.1
Current liabilities:    
Current portion of long-term debt (Note 7) 320.0 76.3
Client funds obligations 1,073.1 1,729.9
Accounts payable 42.8 36.9
Income taxes payable 7.9 13.3
Accrued employee compensation and benefits 163.4 290.6
Interest payable 0.2 27.6
Other accrued expenses 253.9 268.4
Deferred revenue 348.0 333.2
Total current liabilities 2,209.3 2,776.2
Long-term debt, net of current portion (Note 7) 6,986.3 7,077.8
Operating lease liabilities 331.8 348.6
Other long-term liabilities 317.9 333.7
Deferred income taxes 1,041.2 1,088.7
Total liabilities 10,886.5 11,625.0
Commitments and contingencies (Note 13)
Stockholders’ equity (Note 8):    
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued
Common stock 2.6 2.6
Additional paid-in capital 4,324.3 4,266.9
Accumulated other comprehensive loss (406.1) (253.0)
Retained earnings 1,245.1 1,177.9
Stockholders' equity before treasury stock 5,165.9 5,194.4
Less: cost of common stock in treasury, 2.9 million shares (78.3) (78.3)
Total stockholders’ equity 5,087.6 5,116.1
Total liabilities and stockholders’ equity 15,974.1 16,741.1
Class A Non-Voting Common Stock [Member]    
Stockholders’ equity (Note 8):    
Common stock