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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net loss $ (262.0) $ (206.0)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization and impairment of software development costs and licenses 85.9 69.0
Stock-based compensation 75.3 78.7
Noncash lease expense 16.1 15.0
Amortization and impairment of intangibles 182.0 249.6
Depreciation 35.9 31.5
Interest expense 37.1 36.8
Other, net 5.5 7.9
Changes in assets and liabilities, net of effect from purchases of businesses:    
Accounts receivable 91.6 141.3
Software development costs and licenses (197.9) (125.2)
Prepaid expenses and other current and other non-current assets 49.0 (14.4)
Deferred revenue (118.3) (87.4)
Accounts payable, accrued expenses and other liabilities (191.2) (191.8)
Net cash (used in) provided by operating activities (191.0) 5.0
Investing activities:    
Change in bank time deposits 6.6 0.8
Sale and maturities of available-for-sale securities 0.0 78.0
Purchases of fixed assets (35.1) (31.5)
Purchases of long-term investments (11.1) (5.0)
Business acquisitions 9.6 (1.6)
Other (4.7) (2.6)
Net cash (used in) provided by investing activities (34.7) 38.1
Financing activities:    
Tax payment related to net share settlements on restricted stock awards 0.0 (41.3)
Issuance of common stock 23.3 18.8
Payment for settlement of convertible notes (8.3) 0.0
Proceeds from issuance of debt 598.9 999.3
Cost of debt (5.4) (7.5)
Repayment of debt 0.0 (989.6)
Payment of contingent earn-out consideration (12.0) (0.5)
Net cash provided by (used in) financing activities 596.5 (20.8)
Effects of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents (0.9) 3.8
Net change in cash, cash equivalents, and restricted cash and cash equivalents 369.9 26.1
Cash, cash equivalents, and restricted cash and cash equivalents, beginning of year [1] 1,102.0 1,234.6
Cash, cash equivalents, and restricted cash and cash equivalents, end of period [1] $ 1,471.9 $ 1,260.7
[1] Cash, cash equivalents and restricted cash and cash equivalents shown on our Condensed Consolidated Statements of Cash Flow includes amounts in the Cash and cash equivalents, Restricted cash and cash equivalents, and Long-term restricted cash and cash equivalents on our Condensed Consolidated Balance Sheet.S