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Consolidated Statements of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 273.2$ 58.4
Adjustments to reconcile net income to net cash used in operating activities:  
Depreciation and amortization of fixed assets and intangible assets109.5111.5
Provision for uncollectible receivables7.78.6
Amortization of restricted stock and other non-cash compensation42.138.5
Net amortization of bond premiums and deferred financing costs(6.3)(3.0)
Deferred income tax provision (benefit)24.7(7.5)
Gain on sale of an investment(132.2)0
Other15.926.1
Changes in assets and liabilities, net of acquisitions and dispositions, providing (using) cash:  
Accounts receivable565.8(82.7)
Expenditures billable to clients(315.2)(225.8)
Other current assets(36.9)(14.9)
Accounts payable(817.4)51.2
Accrued liabilities(99.2)(104.1)
Other non-current assets and liabilities(75.6)(18.1)
Net cash used in operating activities(443.9)(161.8)
CASH FLOWS FROM INVESTING ACTIVITIES:  
Proceeds from the sale of an investment133.50
Acquisitions, including deferred payments, net of cash acquired(50.3)(63.0)
Capital expenditures(83.3)(49.7)
Other investing activities9.229.1
Net cash provided by (used in) investing activities9.1(83.6)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Repurchase of common stock(269.0)0
Common stock dividends(84.4)0
Exercise of stock options11.91.0
Repurchase of preferred stock0(265.9)
Purchase of long-term debt(38.3)(24.2)
Issuance costs and fees0(9.8)
Net increase in short term bank borrowings48.025.9
Acquisition-related payments(70.4)(25.8)
Distributions to noncontrolling interests(17.4)(18.2)
Preferred stock dividends(8.7)(16.7)
Other financing activities5.66.0
Net cash used in financing activities(422.7)(327.7)
Effect of foreign exchange rate changes on cash and cash equivalents(33.2)5.6
Net decrease in cash and cash equivalents(890.7)(567.5)
Cash and cash equivalents at beginning of period2,675.72,495.2
Cash and cash equivalents at end of period$ 1,785.0$ 1,927.7