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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 72.7 $ 79.5
Funds held on behalf of clients 287.2 480.2
Client funding receivable 63.4 53.2
Accounts receivable 218.4 214.8
Other assets 74.8 49.8
Current assets held for sale 272.8 178.0
Total current assets 989.3 1,055.5
Investments 333.6 418.2
Unconsolidated affiliates 323.9 312.2
Properties, net 239.5 256.7
Intangible assets, net 151.2 135.8
Goodwill 517.9 458.3
Other assets 47.4 57.0
Noncurrent assets held for sale 0.0 119.5
Total assets 2,602.8 2,813.2
Current liabilities    
Current portion of debt 152.6 5.6
Client funds obligations 350.6 533.4
Accounts payable 46.6 51.2
Accrued compensation and benefits 85.6 126.5
Deferred revenues and gains 32.7 50.4
Other liabilities 78.7 66.2
Current liabilities held for sale 140.9 115.4
Total current liabilities 887.7 948.7
Long-term debt 559.6 556.5
Income taxes payable 71.0 73.8
Deferred income taxes 88.3 104.7
Other liabilities 28.6 23.9
Noncurrent liabilities held for sale 0.0 44.5
Total liabilities 1,635.2 1,752.1
Commitments and contingencies (Note 11)
Redeemable Non-controlling Interest 20.5 15.1
Stockholders’ Equity    
Preferred stock, $0.01 par; 10 million shares authorized and unissued 0.0 0.0
Common stock, $0.01 par; 400 million shares authorized, 50.0 million shares issued 0.5 0.5
Additional paid-in capital 131.8 136.7
Retained earnings 2,085.0 1,996.6
Treasury stock (16.8 million and 15.7 million shares, respectively), at cost (1,266.7) (1,129.7)
Accumulated other comprehensive income (loss) (3.5) 41.9
Total stockholders’ equity 947.1 1,046.0
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 2,602.8 $ 2,813.2