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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 1,015.4 $ 947.9
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization of right-of-use assets 98.5 104.5
Amortization of intangible assets 58.9 60.3
Amortization of net deferred loss on interest rate swaps 4.2 4.1
Share-based compensation 63.6 61.3
Real estate and other repositioning costs 191.5 0.0
Gain on disposition of subsidiary (78.8) 0.0
Non-cash charges related to the effects of the war in Ukraine 0.0 65.8
Other, net (5.2) (11.4)
Use of operating capital (1,727.2) (1,483.1)
Net Cash Used In Operating Activities (379.1) (250.6)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (64.2) (65.6)
Acquisition of businesses and interests in affiliates, net of cash acquired (80.6) (276.9)
Maturity (purchase) of short-term investments 60.8 (100.0)
Proceeds from disposition of subsidiary and other 192.6 35.6
Net Cash Provided By (Used In) Investing Activities 108.6 (406.9)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Change in short-term debt (4.6) 1.2
Dividends paid to common shareholders (424.0) (437.7)
Repurchases of common stock (564.3) (502.2)
Proceeds from stock plans 34.5 16.3
Acquisition of additional noncontrolling interests (87.0) (20.8)
Dividends paid to noncontrolling interest shareholders (47.0) (62.9)
Payment of contingent purchase price obligations (34.8) (32.5)
Other, net (46.5) (51.0)
Net Cash Used In Financing Activities (1,173.7) (1,089.6)
Effect of foreign exchange rate changes on cash and cash equivalents (68.0) (371.2)
Net Decrease in Cash and Cash Equivalents (1,512.2) (2,118.3)
Cash and Cash Equivalents at the Beginning of Period 4,281.8 5,316.8
Cash and Cash Equivalents at the End of Period $ 2,769.6 $ 3,198.5