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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 80.5 $ 195.5
Funds held on behalf of clients 454.5 500.5
Client funding receivable 47.0 64.1
Accounts receivable (includes related party receivables of $6.7 and $19.7) 363.8 215.5
Other assets 91.9 70.0
Current assets held for sale 0.0 72.6
Total current assets 1,037.7 1,118.2
Investments 199.7 377.4
Unconsolidated affiliates 94.0 331.2
Properties, net 349.8 235.7
Intangible assets, net 283.1 142.6
Goodwill 799.1 516.4
Other assets 174.8 50.3
Total assets 2,938.2 2,771.8
Current liabilities    
Current portion of debt 83.7 208.5
Client funds obligations 504.2 564.6
Accounts payable 101.2 62.9
Accrued compensation and benefits 137.9 101.7
Deferred revenues and gains 28.3 23.5
Income taxes payable 5.0 22.0
Other liabilities 111.0 78.1
Current liabilities held for sale 0.0 30.1
Total current liabilities 971.3 1,091.4
Long-term debt 537.1 299.7
Income taxes payable 75.0 69.8
Deferred income taxes 62.0 151.5
Other liabilities 51.6 22.9
Total liabilities 1,697.0 1,635.3
Commitments and contingencies (Note 16)
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, and 64.4 million and 82.0 million shares issued, respectively 0.6 0.8
Additional paid-in capital 112.7 129.2
Retained earnings 1,489.3 2,379.2
Treasury stock, at cost (362.8) (1,410.6)
Accumulated other comprehensive income 1.4 16.6
Total stockholders’ equity 1,241.2 1,115.2
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 2,938.2 $ 2,771.8