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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 154.6 $ 166.7
Funds receivable and funds held on behalf of clients 954.8 1,014.7
Accounts receivable, net of allowance for doubtful accounts of $9.9 and $9.4, respectively 686.5 681.7
Contract asset 12.7 18.5
Prepaid expenses and other current assets 150.1 154.5
Prepaid income taxes 12.8 5.6
Restricted cash and cash equivalents 5.6 6.4
Total current assets 1,977.1 2,048.1
Property, plant and equipment, net (Note 2) 516.5 553.2
Operating lease right-of-use assets (Note 3) 372.9  
Investments (Note 4) 190.5 190.5
Unconsolidated affiliates (Note 5) 239.3 239.3
Deferred income taxes 5.5 4.8
Contract asset 33.2 31.5
Goodwill (Note 7) 7,882.4 7,858.0
Intangible and other assets, net of accumulated amortization of $1,534.8 and $1,360.2, respectively 5,031.9 5,182.1
Total assets 16,249.3 16,107.5
Current liabilities:    
Current portion of long-term debt (Note 8) 85.8 87.5
Client funds obligations 954.8 1,014.7
Accounts payable 41.8 41.4
Income taxes payable   11.1
Accrued employee compensation and benefits 153.9 322.0
Interest payable 2.4 0.2
Other accrued expenses 262.7 199.2
Deferred revenue 260.7 245.7
Total current liabilities 1,762.1 1,921.8
Long-term debt, net of current portion (Note 8) 8,030.3 8,168.5
Operating lease liabilities (Note 3) 348.6  
Other long-term liabilities 204.4 235.5
Deferred income taxes 1,170.4 1,201.7
Total liabilities 11,515.8 11,527.5
Commitments and contingencies (Note 14)
Stockholders’ equity (Note 9):    
Preferred stock, $0.01 par value per share, 5.0 million shares authorized; no shares issued
Common stock 2.5 2.5
Additional paid-in capital 4,147.4 4,091.4
Accumulated other comprehensive loss (301.2) (343.0)
Retained earnings 902.8 847.1
Stockholders' equity before treasury stock 4,751.5 4,598.0
Less: cost of common stock in treasury, 1.6 million shares (18.0) (18.0)
Total stockholders’ equity 4,733.5 4,580.0
Total liabilities and stockholders’ equity 16,249.3 16,107.5
Class A Non-Voting Common Stock [Member]    
Stockholders’ equity (Note 9):    
Common stock