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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 632.5 $ 480.5 $ 505.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of fixed assets and intangible assets 160.2 157.0 163.0
Provision for uncollectible receivables 16.7 11.4 7.4
Amortization of restricted stock and other non-cash compensation 85.6 70.3 54.3
Net amortization of bond discounts and deferred financing costs 5.6 5.8 5.1
Deferred income tax provision 45.7 49.5 83.5
Losses on sales of businesses 41.4 50.1 0.2
Other 35.5 24.2 24.1
Changes in assets and liabilities, net of acquisitions and dispositions, providing cash:      
Accounts receivable (220.7) (236.1) (20.1)
Expenditures billable to clients (2.2) (237.8) 83.5
Other current assets (4.2) (9.2) (57.2)
Accounts payable (126.1) 419.0 (159.2)
Accrued liabilities (61.1) (35.3) 39.8
Other non-current assets and liabilities (95.5) (60.4) (33.4)
Net cash provided by operating activities 513.4 689.0 696.4
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (200.7) (161.1) (148.7)
Acquisitions, net of cash acquired (52.0) (28.6) (67.8)
Other investing activities (11.2) (10.0) 17.6
Net cash used in investing activities (263.9) (199.7) (198.9)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repurchase of common stock (303.3) (285.2) (275.1)
Common stock dividends (238.4) (195.5) (159.0)
Net (decrease) increase in short term bank borrowings (56.2) 51.8 (66.3)
Acquisition-related payments (40.8) (53.1) (13.6)
Tax payments for employee shares withheld (23.1) (17.6) (14.8)
Distributions to noncontrolling interests (13.7) (15.9) (17.0)
Purchase of long-term debt (1.8) (2.0) (351.2)
Exercise of stock options 10.2 13.5 20.1
Proceeds from Issuance of long-term Debt 0.0 0.1 499.1
Excess tax benefit on share-based compensation 0.0 10.2 16.7
Other financing activities 0.7 2.8 (11.6)
Net cash used in financing activities (666.4) (490.9) (372.7)
Effect of foreign exchange rate changes on cash and cash equivalents 11.6 (156.1) (101.0)
Net (decrease) increase in cash and cash equivalents (405.3) (157.7) 23.8
Cash and cash equivalents at beginning of period 1,502.9 1,660.6 1,636.8
Cash and cash equivalents at end of period $ 1,097.6 $ 1,502.9 $ 1,660.6