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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net earnings $ 459.5 $ 619.3
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 25.1 23.4
Amortization of intangible assets 203.0 169.4
Amortization of deferred financing costs 4.3 3.3
Non-cash stock compensation 58.2 54.3
Gain on disposal of business, net of associated income tax 0.0 (88.5)
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable 49.6 38.5
Unbilled receivables (42.3) (37.0)
Inventories (19.1) (18.4)
Accounts payable and accrued liabilities 18.8 (94.0)
Deferred revenue (4.3) 51.2
Income taxes, excluding tax associated with gain on disposal of businesses 76.7 (77.6)
Cash tax paid for gain on disposal of businesses (10.0) (39.4)
Other, net (6.5) (13.4)
Cash provided by operating activities 813.0 591.1
Cash flows from (used in) investing activities:    
Acquisitions of businesses, net of cash acquired (153.0) (539.2)
Capital expenditures (15.5) (27.9)
Capitalized software expenditures (5.2) (4.9)
Proceeds from (used in) disposal of businesses (3.8) 220.5
Other, net 0.0 (2.6)
Cash used in investing activities (177.5) (354.1)
Cash flows used in financing activities:    
Proceeds from senior notes 600.0 0.0
Borrowings (payments) under revolving line of credit, net 0.0 (225.0)
Debt issuance costs (12.0) 0.0
Cash dividends to stockholders (106.6) (95.6)
Proceeds from stock-based compensation, net 47.7 33.0
Treasury stock sales 4.5 3.6
Other (0.7) 1.1
Cash flows from (used in) financing activities 532.9 (282.9)
Effect of foreign currency exchange rate changes on cash (7.3) 2.3
Net increase in cash and cash equivalents 1,161.1 (43.6)
Cash and cash equivalents, beginning of period 709.7 364.4
Cash and cash equivalents, end of period $ 1,870.8 $ 320.8