CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities:
Net income (loss)	$ (152.9)	$ 212.2
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	26.0	30.3
Impairment of goodwill and intangible assets	513.7	18.0
Deferred income taxes	(117.7)	(0.5)
Stock-based compensation plan expense	34.1	38.1
Impairment of right-of-use operating asset		4.7
Gain on sale of Geneva	(16.2)
Investment (gains) losses, net	0.2	(18.1)
Contributions to pension plans in excess of costs recognized	(0.2)	(3.4)
Contingent consideration adjustment	(7.1)	(20.0)
Other, net	(22.2)	(9.0)
Changes in operating assets and liabilities:
OEIC and unit trust receivables and payables	16.5	8.2
Other assets	60.4	14.5
Other accruals and liabilities	(92.1)	(192.0)
Net operating activities	242.5	83.0
Proceeds from (purchase of):
Investment securities, net	77.5	57.5
Property, equipment and software	(12.4)	(14.8)
Investment securities by consolidated seeded investment products, net	(237.4)	(22.2)
Cash received (paid) on settled hedges, net	6.0	(10.7)
Dividends received from equity-method investments	0.5	0.5
Proceeds from sale of Volantis	2.2	1.2
Proceeds from sale of Geneva	38.6
Net investing activities	(125.0)	11.5
Financing activities:
Purchase of common stock for stock-based compensation plans	(45.7)	(38.1)
Purchase of common stock for share buyback program	(53.2)	(106.1)
Dividends paid to shareholders	(132.3)	(138.3)
Payment of contingent consideration	(13.8)	(14.1)
Distributions to noncontrolling interests	(0.5)	(0.5)
Third-party sales (redemptions) in consolidated seeded investment products, net	237.4	22.2
Principal payments under capital lease obligations	(0.5)	(0.6)
Net financing activities	(8.6)	(275.5)
Cash and cash equivalents:
Effect of foreign exchange rate changes	(25.0)	(4.6)
Net change	83.9	(185.6)
At beginning of period	796.5	916.6
At end of period	880.4	731.0
Supplemental cash flow information:
Cash paid for interest	7.3	7.3
Cash paid for income taxes, net of refunds	32.9	114.7
Reconciliation of cash and cash equivalents:
Cash and cash equivalents	880.4	731.0
Consolidated VIEs
Cash and cash equivalents:
At end of period	43.8	24.0
Reconciliation of cash and cash equivalents:
Cash and cash equivalents	43.8	24.0
Consolidated excluding VIEs
Cash and cash equivalents:
At end of period	836.6	707.0
Reconciliation of cash and cash equivalents:
Cash and cash equivalents	$ 836.6	$ 707.0