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Condensed Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows — operating activities:    
Net income $ 238.2 $ 171.7
Depreciation and amortization 64.1 66.3
Net gains on investments (149.7) (85.7)
Amortization of share based compensation 10.3 10.4
Equity in earnings of unconsolidated affiliates (15.0) (15.1)
Dividends from unconsolidated affiliates 1.5 129.1
Gain on contract to repurchase common stock (18.1) 0
Deferred income taxes (3.1) (2.5)
Changes in accounts receivable (13.5) 27.6
Changes in other assets 3.7 (12.7)
Changes in accounts payable and accrued liabilities 0.5 (7.2)
Changes in income taxes payable 24.5 (15.5)
Changes in deferred revenues and gains (1.7) (0.9)
Changes in accrued compensation and benefits (23.1) (22.4)
Other, net 9.7 0.5
Net cash provided from operating activities 128.3 243.6
Cash flows — investing activities:    
Capital expenditures (59.8) (51.8)
Investments in securities (44.4) (53.9)
Proceeds from sales/maturities of investments 214.9 190.7
Net decrease (increase) in restricted cash and cash equivalents held to satisfy client funds obligations (14.0) 52.8
Other, net 9.3 (13.2)
Net cash provided from investing activities 106.0 124.6
Cash flows — financing activities:    
Proceeds from issuance of common stock 9.8 17.2
Principal payments on debt (130.0) (22.7)
Repurchases of senior convertible debentures 0 39.2
Net borrowings (payments) on revolving credit facilities 118.5 (24.1)
Net proceeds from accounts receivable securitization program 0 15.0
Net increase (decrease) in client funds obligations 14.0 (62.8)
Common stock repurchased (205.7) (137.0)
Payment of cash dividends (24.5) (26.4)
Excess tax benefits from share based compensation 4.6 1.6
Other, net (0.2) (0.2)
Net cash used for financing activities (213.5) (278.6)
Net increase in cash and cash equivalents 20.8 89.6
Cash and cash equivalents, beginning of period 62.5 88.3
Cash and cash equivalents, end of period $ 83.3 $ 177.9