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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 253.7 $ 209.3
Funds receivable and funds held on behalf of clients 2,030.0 1,227.4
Accounts receivable, net of allowance for doubtful accounts of $16.9 and $16.8, respectively 674.5 648.0
Contract asset 27.2 20.4
Prepaid expenses and other current assets 209.4 187.5
Restricted cash and cash equivalents 4.4 5.9
Total current assets 3,199.2 2,298.5
Property, plant and equipment, net (Note 2) 402.7 412.8
Operating lease right-of-use assets 339.2 350.8
Investments (Note 3) 193.6 183.5
Unconsolidated affiliates (Note 4) 228.5 225.6
Contract asset 81.7 82.0
Goodwill (Note 6) 8,078.1 8,078.7
Intangible and other assets, net of accumulated amortization of $2,802.4 and $2,655.6, respectively 4,166.1 4,291.7
Total assets 16,689.1 15,923.6
Current liabilities:    
Current portion of long-term debt (Note 7) 178.2 53.9
Client funds obligations 2,030.0 1,227.4
Accounts payable 27.9 28.1
Income taxes payable 46.8 9.3
Accrued employee compensation and benefits 177.5 311.5
Interest payable   27.5
Other accrued expenses 323.0 293.1
Deferred revenues 349.9 332.5
Total current liabilities 3,133.3 2,283.3
Long-term debt, net of current portion (Note 7) 6,338.1 6,388.5
Operating lease liabilities 311.8 323.6
Other long-term liabilities 280.9 287.9
Deferred income taxes 890.8 923.8
Total liabilities 10,954.9 10,207.1
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 4,600.5 4,544.0
Accumulated other comprehensive loss (192.1) (201.0)
Retained earnings 1,800.7 1,667.0
Stockholders' equity before treasury stock 6,211.7 6,012.6
Less: cost of common stock in treasury, 9.0 and 6.3 million shares, respectively (477.5) (296.1)
Total stockholders’ equity 5,734.2 5,716.5
Total liabilities and stockholders’ equity 16,689.1 15,923.6
Class A Non-Voting Common Stock [Member]    
Stockholders’ equity (Note 8):    
Common stock