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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net income $ 489.7 $ 404.3
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization of property and equipment 43.4 39.0
Stock-based compensation expense 51.6 50.0
Intangible asset amortization 0.2 0.2
Realized gains on dispositions of sponsored funds (11.5) (2.5)
Net losses on investments of consolidated sponsored investment portfolios 1.6 1.4
Change in securities held by consolidated sponsored investment portfolios (25.7) (89.3)
Other changes in assets and liabilities 178.6 91.4
Net cash provided by operating activities 727.9 494.5
Cash flows from investing activities    
Investments in sponsored funds (62.5) (161.8)
Dispositions of sponsored funds 37.0 5.9
Investments in debt securities held by savings bank subsidiary (16.6) (24.9)
Proceeds from debt securities held by savings bank subsidiary 23.7 50.4
Additions to property and equipment (41.5) (36.6)
Other investing activity 2.7 (7.7)
Net cash used in investing activities (57.2) (174.7)
Cash flows from financing activities    
Repurchases of common stock 0 (129.2)
Common share issuances under stock-based compensation plans 90.9 39.1
Excess tax benefits from stock-based compensation plans 23.0 25.8
Dividends (197.7) (173.1)
Change in savings bank subsidiary deposits (10.1) (8.0)
Net cash used in financing activities (93.9) (245.4)
Cash and cash equivalents    
Net change during period 576.8 74.4
At beginning of year 879.1 897.9
At end of period $ 1,455.9 $ 972.3