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Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)
3 Months Ended
Mar. 31, 2022
Supplemental Cash Flow Elements [Abstract]  
Summary of Cash Paid for Interest and Income Taxes

Cash paid during the period for interest and income taxes are summarized as follows:

 

 

 

Three months ended March 31,

 

(in millions)

 

2022

 

 

2021

 

Cash paid during the period for:

 

 

 

 

 

 

Interest

 

$

27.1

 

 

$

28.6

 

Income taxes, net of refunds

 

$

4.6

 

 

$

4.2

 

 

Summary of Significant Non-Cash Investing and Financing Activities

Significant non-cash investing and financing activities are summarized as follows:

 

 

 

Three months ended March 31,

 

(in millions)

 

2022

 

 

2021

 

Estimated acquisition earn-out payables and related charges

 

$

10.8

 

 

$

15.0

 

Common stock issued for agency acquisition

 

$

 

 

$

4.9

 

Notes payable assumed for agency acquisition

 

$

 

 

$

(1.4

)

Schedule of Reconciliation of Cash and Cash Equivalents Inclusive of Restricted Cash The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of March 31, 2022 and 2021.

 

 

 

 

 

(in millions)

 

March 31, 2022

 

 

December 31,
2021

 

Table to reconcile restricted and non-restricted fiduciary cash

 

 

 

 

 

 

Restricted fiduciary cash

 

$

572.5

 

 

$

583.2

 

Non-restricted fiduciary cash

 

 

159.1

 

 

 

193.8

 

Total restricted and non-restricted fiduciary cash at the end of the period

 

$

731.6

 

 

$

777.0

 

 

 

 

Balance as of March 31,

 

(in millions)

 

2022

 

 

2021

 

Table to reconcile cash, cash equivalents and fiduciary cash

 

 

 

 

 

 

Cash and cash equivalents

 

$

1,694.5

 

 

$

511.7

 

Fiduciary cash

 

 

731.6

 

 

 

629.0

 

Total cash, cash equivalents and fiduciary cash at the end of the period

 

$

2,426.1

 

 

$

1,140.7