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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 243.9 $ 194.6
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization of right-of-use assets 34.6 35.8
Amortization of intangible assets 19.3 19.4
Amortization of net deferred loss on interest rate swaps 1.4 1.4
Share-based compensation 20.7 20.0
Real estate repositioning costs 119.2 0.0
Non-cash charges related to the effects of the war in Ukraine 0.0 65.8
Other, net (10.2) 2.7
Use of operating capital (951.0) (884.2)
Net Cash Used In Operating Activities (522.1) (544.5)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (23.1) (23.2)
Acquisition of businesses and interests in affiliates, net of cash acquired 0.0 (246.6)
Other, net (14.5) (92.0)
Net Cash Used In Investing Activities (37.6) (361.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Change in short-term debt 1.0 2.4
Dividends paid to common shareholders (142.3) (147.4)
Repurchases of common stock (305.1) (300.3)
Proceeds from stock plans 26.3 13.5
Acquisition of additional noncontrolling interests (29.2) (6.3)
Dividends paid to noncontrolling interest shareholders (12.5) (14.0)
Payment of contingent purchase price obligations (9.2) (6.0)
Other, net (8.0) (18.2)
Net Cash Used In Financing Activities (479.0) (476.3)
Effect of foreign exchange rate changes on cash and cash equivalents 18.4 (8.7)
Net Decrease in Cash and Cash Equivalents (1,020.3) (1,391.3)
Cash and Cash Equivalents at the Beginning of Period 4,281.8 5,316.8
Cash and Cash Equivalents at the End of Period $ 3,261.5 $ 3,925.5