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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net income $ 499.0 $ 661.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 29.9 31.8
Amortization 108.6 105.7
Gain on divestiture of business, excluding transaction costs (Note 4) (18.0) (155.8)
Other non-cash items, net 64.7 54.0
Increase/(decrease) in cash, excluding the effects of divestitures, resulting from changes in:    
Other assets (91.1) (166.4)
Accounts payable and accrued liabilities (47.5) 50.6
Income taxes payable (60.0) (29.6)
Other liabilities 33.0 (29.1)
Net cash provided by operating activities 518.6 522.4
Cash flows from investing activities    
Payments for capitalized contract costs (34.3) (58.4)
Payments for internal use software (66.7) (68.0)
Purchases of property and equipment (16.2) (21.1)
Proceeds from divestiture, net of cash divested (Note 4)   896.4
Other investing activities 2.2 5.1
Net cash (used in)/provided by investing activities (76.5) 366.7
Cash flows from financing activities    
Cash dividends and dividend equivalents paid (Note 9) (266.0) (275.5)
Common stock repurchased (Note 9) (97.1) (193.1)
Net repayments of commercial paper (10.0) (100.0)
Principal payments on borrowings (300.0) (300.0)
Proceeds from exercise of options 0.3 9.5
Net change in settlement obligations (162.2) (31.0)
Other financing activities   (0.2)
Net cash used in financing activities (835.0) (890.3)
Net change in cash and cash equivalents, including settlement, and restricted cash (392.9) (1.2)
Cash and cash equivalents, including settlement, and restricted cash at beginning of period 2,040.7 2,110.9
Cash and cash equivalents, including settlement, and restricted cash at end of period 1,647.8 2,109.7
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents on balance sheet 1,138.2 1,176.1
Settlement cash and cash equivalents (Note 8) 484.4 817.2
Restricted cash in Other assets 25.2 52.4
Cash and cash equivalents included in Assets held for sale (Note 4)   64.0
Cash and cash equivalents, including settlement, and restricted cash 1,647.8 2,109.7
Supplemental cash flow information:    
Interest paid 73.1 64.8
Income taxes paid 176.6 180.8
Accrued and unpaid capitalized contract costs   36.0
Settlement Investments    
Cash flows from investing activities    
Purchases of investments (382.0) (663.3)
Proceeds from the sale of investments 207.6 544.1
Maturities of settlement investments 112.9 131.9
Non Settlement Investment    
Cash flows from investing activities    
Purchases of investments   $ (400.0)
Proceeds from the sale of investments $ 100.0