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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 5,600.5 $ 4,305.7
Short-term investments, at cost 0.0 3.6
Accounts receivable, net of allowance for doubtful accounts of $30.4 and $21.5 7,813.4 7,829.0
Work in process 1,101.2 1,257.6
Other current assets 1,075.0 1,188.8
Total Current Assets 15,590.1 14,584.7
Property and Equipment at cost, less accumulated depreciation of $1,156.7 and $1,142.8 585.2 663.4
Operating Lease Right-Of-Use Assets 1,223.4 1,398.3
Equity Method Investments 85.3 106.8
Goodwill 9,609.7 9,440.5
Intangible Assets, net of accumulated amortization of $817.2 and $759.2 298.5 338.2
Other Assets 255.0 251.5
TOTAL ASSETS 27,647.2 26,783.4
Current Liabilities:    
Accounts payable 11,513.0 11,768.4
Customer advances 1,361.3 1,215.3
Current portion of debt 0.0 602.4
Short-term debt 3.9 10.1
Taxes payable 244.5 252.8
Other current liabilities 2,402.4 2,131.9
Total Current Liabilities 15,525.1 15,980.9
Long-Term Liabilities 970.7 1,006.8
Long-Term Liability - Operating Leases 1,114.0 1,274.7
Long-Term Debt 5,807.3 4,531.9
Deferred Tax Liabilities 443.5 408.1
Commitments and Contingent Liabilities (Note 18)
Temporary Equity - Redeemable Noncontrolling Interests 209.7 207.3
Shareholders’ Equity:    
Preferred stock, $1.00 par value, 7.5 million shares authorized, none issued 0.0 0.0
Common stock, $0.15 par value, 1.0 billion shares authorized, 297.2 million shares issued, 215.0 million and 217.1 million shares outstanding 44.6 44.6
Additional paid-in capital 747.8 760.9
Retained earnings 8,190.6 7,806.3
Accumulated other comprehensive income (loss) (1,213.8) (1,197.6)
Treasury stock, at cost, 82.2 million and 80.1 million shares (4,684.8) (4,560.3)
Total Shareholders’ Equity 3,084.4 2,853.9
Noncontrolling interests 492.5 519.8
Total Equity 3,576.9 3,373.7
TOTAL LIABILITIES AND EQUITY $ 27,647.2 $ 26,783.4