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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities:    
Net income $ 265.2 $ 214.2
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Amortization and depreciation 33.6 26.3
Share-based compensation expense 40.9 49.2
Other (gains)/losses, net 5.4 (6.2)
Other (gains)/losses of CIP, net (8.8) (10.9)
Equity in earnings of unconsolidated affiliates (9.7) (17.7)
Dividends from unconsolidated affiliates 0.9 6.8
Changes in operating assets and liabilities:    
(Purchase)/sale of investments by CIP, net 3.2 (88.5)
(Purchase)/sale of trading investments, net (31.8) 154.9
(Increase)/decrease in receivables 26.4 (1,157.7)
Increase/(decrease) in payables (377.5) 956.1
Net cash provided by/(used in) operating activities (52.2) 126.5
Investing activities:    
Purchase of property, equipment and software (20.6) (27.1)
Purchase of investments by CIP (938.6) (1,735.4)
Sale of investments by CIP 661.2 1,683.9
Purchase of investments (28.8) (34.7)
Sale of investments 29.0 66.4
Capital distributions from equity method investees 0.0 3.1
Net cash provided by/(used in) investing activities (297.8) (43.8)
Financing activities:    
Purchases of treasury shares (39.3) (52.5)
Dividends paid (119.6) (114.8)
Third-party capital invested into CIP 95.6 159.5
Third-party capital distributed by CIP (29.0) (26.3)
Borrowings of debt by CIP 53.0 940.0
Repayments of debt by CIP (1.9) (1,116.7)
Net borrowings/(repayments) under credit facility 0.0 (9.3)
Payment of contingent consideration (3.4) (3.6)
Net cash provided by/(used in) financing activities (44.6) (223.7)
Increase/(decrease) in cash and cash equivalents (394.6) (141.0)
Foreign exchange movement on cash and cash equivalents 37.5 14.4
Foreign exchange movement on cash and cash equivalents of CIP 1.0 0.0
Net cash inflows (outflows) upon consolidation/deconsolidation of CIP (39.3) (10.9)
Cash and cash equivalents, beginning of period 2,517.7 2,070.2
Cash and cash equivalents, end of period 2,122.3 1,932.7
Cash and cash equivalents 1,861.5 1,397.0
Cash and cash equivalents of CIP 260.8 535.7
Cash and cash equivalents, end of period $ 2,517.7 $ 2,070.2