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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings from continuing operations $ 1,087.0 $ 990.9
Adjustments to reconcile net earnings from continuing operations to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 27.9 26.3
Amortization of intangible assets 573.8 532.8
Amortization of deferred financing costs 7.0 7.7
Non-cash stock compensation 112.9 99.2
Equity investments gain, net (93.6) (98.7)
Income tax provision 289.4 275.5
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable 82.8 25.8
Unbilled receivables (17.1) (15.3)
Inventories (8.3) (11.2)
Accounts payable (7.2) 12.1
Other accrued liabilities (1.7) (72.0)
Deferred revenue 24.5 18.6
Cash taxes paid for gain on disposal of business 0.0 (16.4)
Cash income taxes paid, excluding tax associated with gain on disposal of business (383.1) (335.6)
Other, net (23.3) (24.0)
Cash provided by operating activities from continuing operations 1,671.0 1,415.7
Cash used in operating activities from discontinued operations 0.0 (2.4)
Cash provided by operating activities 1,671.0 1,413.3
Cash flows from (used in) investing activities:    
Acquisitions of businesses, net of cash acquired (3,464.1) (1,970.1)
Capital expenditures (39.2) (37.8)
Capitalized software expenditures (33.4) (28.7)
Distributions from equity investment 9.5 25.3
Other, net (1.0) 0.6
Cash used in investing activities from continuing operations (3,528.2) (2,010.7)
Cash provided by disposition of discontinued operations 0.0 2.0
Cash used in investing activities (3,528.2) (2,008.7)
Cash flows from (used in) financing activities:    
Proceeds from senior notes 2,000.0 0.0
Payments of senior notes (500.0) (700.0)
Borrowings under revolving line of credit, net 565.0 910.0
Debt issuance costs (24.7) 0.0
Cash dividends to stockholders (241.1) (217.5)
Proceeds from stock-based compensation, net 88.1 99.3
Treasury stock sales 14.5 11.6
Other (0.1) (0.1)
Cash provided by financing activities 1,901.7 103.3
Effect of exchange rate changes on cash 10.8 (1.2)
Net increase (decrease) in cash and cash equivalents 55.3 (493.3)
Cash and cash equivalents, beginning of period 214.3 792.8
Cash and cash equivalents, end of period $ 269.6 $ 299.5