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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES      
Commissions and fees $ 3,563.2 $ 3,047.5 $ 2,606.1
Investment income 6.5 1.1 2.8
Other income, net 3.7 2.8 4.5
Total revenues 3,573.4 3,051.4 2,613.4
EXPENSES      
Employee compensation and benefits 1,816.9 1,636.9 1,436.4
Other operating expenses 596.8 403.0 366.0
(Gain)/loss on disposal (4.5) (9.6) (2.4)
Amortization 146.6 119.6 108.5
Depreciation 39.2 33.3 26.3
Interest 141.2 65.0 59.0
Change in estimated acquisition earn-out payables (38.9) 40.4 (4.5)
Total expenses 2,697.3 2,288.6 1,989.3
Income before income taxes 876.1 762.8 624.1
Income taxes 204.3 175.7 143.6
Net income $ 671.8 $ 587.1 $ 480.5
Net income per share:      
Basic $ 2.38 $ 2.08 $ 1.70
Diluted 2.37 2.07 1.69
Dividends declared per share $ 0.42 $ 0.38 $ 0.35