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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 140.7 $ 195.5
Funds held on behalf of clients 542.9 500.5
Client funding receivable 47.9 64.1
Accounts receivable 352.4 215.5
Other assets 79.7 70.0
Assets held for sale 0.0 72.6
Total current assets 1,163.6 1,118.2
Investments 199.6 377.4
Unconsolidated affiliates 80.7 331.2
Properties, net 340.5 235.7
Intangible assets, net 290.3 142.6
Goodwill 796.5 516.4
Other assets 131.0 50.3
Total assets 3,002.2 2,771.8
Current liabilities    
Current portion of debt 133.6 208.5
Client funds obligations 590.8 564.6
Accounts payable 84.9 62.9
Accrued compensation and benefits 136.6 101.7
Deferred revenues and gains 24.4 23.5
Income taxes payable 6.2 22.0
Other liabilities 95.1 78.1
Liabilities held for sale 0.0 30.1
Total current liabilities 1,071.6 1,091.4
Long-term debt 511.2 299.7
Income taxes payable 64.1 69.8
Deferred income taxes 79.5 151.5
Other liabilities 51.7 22.9
Total liabilities 1,778.1 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 101.5 129.2
Retained earnings 1,418.8 2,379.2
Treasury stock (3.9 million and 18.0 million shares, respectively), at cost (289.1) (1,410.6)
Accumulated other comprehensive income (loss) (7.7) 16.6
Total stockholders’ equity 1,224.1 1,115.2
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 3,002.2 $ 2,771.8