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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement Of Cash Flows [Abstract]    
Net income $ 8.6 $ 11.2
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Deferred income tax expense (benefit) 4.1 (1.9)
Depreciation and amortization 11.8 14.4
Amortization of debt issuance costs and debt discount 0.3 0.3
Net periodic pension and postretirement cost 0.8 1.3
Non-cash share-based compensation 12.5 6.0
Other 0.8 0.5
Changes in operating assets and liabilities excluding effects of acquisitions and divestitures:    
Trade and other receivables (4.5) (3.8)
Prepaid expenses and other current assets (7.5) (7.0)
Accounts payable and other accrued expenses (2.0) (5.8)
Deferred revenue 2.1 (0.2)
Employee compensation and benefits (26.4) (16.9)
Accrued interest   3.4
Accrued taxes 0.9 (8.1)
Other assets and liabilities (0.1) (2.2)
Net cash provided by (used in) operating activities 1.4 (8.8)
Cash Flows from Investing Activities    
Purchase of customer trust funds marketable securities (24.6) (143.3)
Proceeds from sale and maturity of customer trust funds marketable securities 49.5 49.8
Expenditures for property, plant, and equipment (4.9) (4.0)
Expenditures for software and technology (10.7) (9.9)
Acquisition costs, net of cash acquired   (10.2)
Net cash provided by (used in) investing activities 9.3 (117.6)
Cash Flows from Financing Activities    
Increase in customer trust funds obligations, net 480.8 1,916.1
Proceeds from issuance of common stock under share-based compensation plans 11.4 20.1
Repayment of long-term debt obligations (2.7) (1.7)
Net cash provided by financing activities 489.5 1,934.5
Effect of exchange rate changes on cash, restricted cash, and equivalents (14.5) 3.9
Net increase in cash, restricted cash, and equivalents 485.7 1,812.0
Cash, restricted cash, and equivalents at beginning of period 1,658.6 1,106.3
Cash, restricted cash, and equivalents at end of period 2,144.3 2,918.3
Reconciliation of cash, restricted cash, and equivalents to the condensed consolidated balance sheets    
Cash and equivalents 255.3 206.3
Restricted cash and equivalents included in customer trust funds $ 1,889.0 $ 2,712.0
Restricted Cash and Cash Equivalents, Current, Asset, Statement of Financial Position [Extensible List] us-gaap:FundsHeldForClients us-gaap:FundsHeldForClients
Cash, restricted cash, and equivalents at end of period $ 2,144.3 $ 2,918.3