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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 139.1 $ 195.5
Funds held on behalf of clients 500.6 500.5
Client funding receivable 49.3 64.1
Accounts receivable 362.3 215.5
Other assets 95.2 70.0
Current assets held for sale 0.0 72.6
Total current assets 1,146.5 1,118.2
Investments 211.8 377.4
Unconsolidated affiliates 76.2 331.2
Properties, net 344.9 235.7
Intangible assets, net 295.4 142.6
Goodwill 789.8 516.4
Other assets 100.3 50.3
Total assets 2,964.9 2,771.8
Current liabilities    
Current portion of debt 191.7 208.5
Client funds obligations 549.9 564.6
Accounts payable 88.4 62.9
Accrued compensation and benefits 104.9 101.7
Deferred revenues and gains 33.1 23.5
Income taxes payable 11.8 22.0
Other liabilities 101.5 78.1
Current liabilities held for sale 0.0 30.1
Total current liabilities 1,081.3 1,091.4
Long-term debt 453.7 299.7
Income taxes payable 71.8 69.8
Deferred income taxes 83.0 151.5
Other liabilities 48.6 22.9
Total liabilities 1,738.4 1,635.3
Commitments and contingencies (Note 11)
Redeemable Non-controlling Interest 0.0 21.3
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, 64.4 million and 82.0 million shares issued, respectively 0.6 0.8
Additional paid-in capital 83.9 129.2
Retained earnings 1,381.0 2,379.2
Treasury stock (2.7 million and 18.0 million shares, respectively), at cost (215.0) (1,410.6)
Accumulated other comprehensive income (loss) (24.0) 16.6
Total stockholders’ equity 1,226.5 1,115.2
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 2,964.9 $ 2,771.8