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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net earnings $ 709.4 $ 719.1
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 19.6 18.5
Amortization of intangible assets 417.2 377.2
Amortization of deferred financing costs 5.5 4.5
Non-cash stock compensation 82.7 73.3
Equity investments (gain) loss, net 27.8 (56.2)
Income tax provision 193.9 190.1
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable 37.4 96.7
Unbilled receivables (9.7) (17.7)
Inventories (9.6) (11.0)
Prepaid expenses and other current assets (22.9) (30.7)
Accounts payable 7.0 4.5
Other accrued liabilities (115.4) (47.3)
Deferred revenue (132.7) (122.6)
Cash taxes paid for gain on disposal of equity investment (30.2) 0.0
Cash income taxes paid, excluding tax associated with gain on disposal of equity investment (233.7) (284.3)
Other, net (13.5) 1.5
Cash provided by operating activities 932.8 915.6
Cash flows from (used in) investing activities:    
Acquisitions of businesses, net of cash acquired (2,005.2) (1,858.3)
Capital expenditures (26.0) (15.9)
Capitalized software expenditures (26.8) (20.5)
Distributions from equity investment 5.1 8.4
Other 1.6 (1.1)
Cash used in investing activities (2,051.3) (1,887.4)
Cash flows from (used in) financing activities:    
Borrowings under revolving line of credit, net 1,275.0 1,090.0
Cash dividends to stockholders (177.2) (160.6)
Proceeds from stock-based compensation, net 73.8 75.9
Treasury stock sales 12.5 10.3
Other, net (43.9) (0.2)
Cash provided by financing activities 1,140.2 1,015.4
Effect of exchange rate changes on cash 32.5 (6.4)
Net increase in cash and cash equivalents 54.2 37.2
Cash and cash equivalents, beginning of period 188.2 214.3
Cash and cash equivalents, end of period 242.4 251.5
Non-cash investing and financing activities:    
Equity consideration for business acquisition $ 7.3 $ 0.0