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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 458 $ 729 $ 106
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 210 188 170
Share-based compensation 69 70 86
Deferred income taxes 301 7 (137)
Reversal of certain Swedish tax benefits 41 0 0
Net gain on divestiture of businesses (33) 0 0
Gain on sale of investment security (118) 0 0
Asset impairment charge 0 0 578
Net income from unconsolidated investees (18) (15) (2)
Other reconciling items included in net income 15 25 17
Net change in operating assets and liabilities, net of effects of divestiture and acquisitions:      
Receivables, net (35) 11 73
Other assets (40) (30) (52)
Accounts payable and accrued expenses 33 (12) 5
Section 31 fees payable to SEC (19) 20 5
Accrued personnel costs 37 (41) 27
Deferred revenue 7 (29) (75)
Other liabilities 120 (14) (25)
Net cash provided by operating activities 1,028 909 776
Cash flows from investing activities:      
Purchases of securities (421) (392) (468)
Proceeds from sales and redemptions of securities 374 424 411
Proceeds from divestiture of businesses, net 286 0 0
Proceeds from sale of investment security 169 0 0
Acquisition of businesses, net of cash and cash equivalents acquired and other investment activities (101) (778) (1,466)
Purchases of property and equipment (111) (144) (134)
Net cash provided by (used in) investing activities 196 (890) (1,657)
Cash flows from financing activities:      
Proceeds from (repayments of) commercial paper, net (205) 480 0
Repayments of long-term debt (115) (708) (1,156)
Payment of debt extinguishment cost 0 (9) 0
Proceeds from long-term debt issuances, net of debt issuance costs 0 648 2,456
Repurchases of common stock (394) (203) (100)
Dividends paid (280) (243) (200)
Proceeds received from employee stock activity 17 53 54
Payments related to employee shares withheld for taxes (50) (71) (65)
Proceeds of customer funds 0 0 (38)
Other financing activities 0 0 (3)
Net cash (used in) provided by financing activities (1,027) (53) 948
Effect of exchange rate changes on cash and cash equivalents and restricted cash (10) 15 (6)
Net increase (decrease) in cash and cash equivalents and restricted cash 187 (19) 61
Cash and cash equivalents and restricted cash at beginning of period 399 418 357
Cash and cash equivalents and restricted cash at end of period 586 399 418
Cash paid for:      
Interest 148 129 119
Income taxes, net of refund $ 221 $ 154 $ 191