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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net earnings $ 693.9 $ 896.8
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 38.3 35.9
Amortization of intangible assets 319.8 263.2
Amortization of deferred financing costs 7.4 5.2
Non-cash stock compensation 88.4 80.4
Gain on disposal of business, net of associated income tax 0.0 (87.4)
Income tax provision, excluding tax associated with gain on disposal of businesses 197.9 150.4
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable 126.1 52.1
Unbilled receivables (49.1) (26.6)
Inventories (15.2) (25.2)
Accounts payable and accrued liabilities 53.3 (59.2)
Deferred revenue (57.5) 26.5
Cash tax paid for gain on disposal of businesses (201.9) (39.4)
Cash income taxes paid, excluding tax associated with gain on disposal of businesses (236.1) (255.0)
Other, net (14.4) (22.1)
Cash provided by operating activities 950.9 995.6
Cash flows from (used in) investing activities:    
Acquisitions of businesses, net of cash acquired (5,653.3) (2,351.9)
Capital expenditures (23.0) (42.2)
Capitalized software expenditures (9.8) (7.7)
Proceeds from (used in) disposal of businesses (4.2) 220.5
Other, net (2.7) (2.5)
Cash used in investing activities (5,693.0) (2,183.8)
Cash flows from (used in) financing activities:    
Proceeds from senior notes 3,300.0 1,200.0
Borrowings (payments) under revolving line of credit, net 1,160.0 60.0
Debt issuance costs (42.0) (12.0)
Cash dividends to stockholders (160.0) (143.5)
Proceeds from stock-based compensation, net 72.5 38.8
Treasury stock sales 7.3 5.2
Other (1.4) 3.6
Cash flows from financing activities 4,336.4 1,152.1
Effect of foreign currency exchange rate changes on cash (1.9) (5.3)
Net decrease in cash and cash equivalents (407.6) (41.4)
Cash and cash equivalents, beginning of period 709.7 364.4
Cash and cash equivalents, end of period $ 302.1 $ 323.0