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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net income $ 177 $ 168
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 53 45
Share-based compensation 15 15
Deferred income taxes (9) 29
Net income from unconsolidated investees (2) (4)
Other reconciling items included in net income 3 7
Net change in operating assets and liabilities, net of effects of acquisitions:    
Receivables, net (127) (29)
Other assets 39 (7)
Accounts payable and accrued expenses 65 12
Section 31 fees payable to SEC 0 (27)
Accrued personnel costs (59) (98)
Deferred revenue 208 152
Other liabilities 1 (19)
Net assets held for sale 11 0
Net cash provided by operating activities 375 244
Cash flows from investing activities:    
Purchases of trading securities (70) (93)
Proceeds from sales and redemptions of trading securities 75 120
Purchases of available-for-sale investment securities (3) (5)
Proceeds from maturities of available-for-sale investment securities 6 6
Purchases of property and equipment (16) (36)
Net cash used in investing activities (8) (8)
Cash flows from financing activities:    
Repayments of commercial paper, net (18) 0
Repayments of long-term debt (115) 0
Cash paid for repurchase of common stock (99) (156)
Cash dividends paid (63) (53)
Proceeds received from employee stock activity 0 1
Payments related to employee shares withheld for taxes (42) (47)
Proceeds of customer funds 0 63
Net cash used in financing activities (337) (192)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 0 2
Net increase in cash and cash equivalents and restricted cash 30 46
Cash and cash equivalents and restricted cash at beginning of period 399 418
Cash and cash equivalents and restricted cash at end of period 429 464
Cash paid for:    
Interest 33 29
Income taxes, net of refund $ 27 $ 26