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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 4,432.0 $ 4,281.8
Short-term investments 0.0 60.7
Accounts receivable, net of allowance for doubtful accounts of $17.2 and $24.7 8,659.8 8,097.1
Work in process 1,342.5 1,254.6
Other current assets 949.9 918.8
Total Current Assets 15,384.2 14,613.0
Property and Equipment at cost, less accumulated depreciation of $1,150.4 and $1,167.5 874.9 900.1
Operating Lease Right-Of-Use Assets 1,046.4 1,165.0
Equity Method Investments 66.4 66.2
Goodwill 10,082.3 9,734.3
Intangible Assets, net of accumulated amortization of $863.6 and $819.9 366.9 313.4
Other Assets 223.5 210.5
TOTAL ASSETS 28,044.6 27,002.5
Current Liabilities:    
Accounts payable 11,634.0 11,000.2
Customer advances 1,356.2 1,492.3
Current portion of debt 750.5 0.0
Short-term debt 10.9 16.9
Taxes payable 351.6 300.0
Other current liabilities 2,142.8 2,243.4
Total Current Liabilities 16,246.0 15,052.8
Long-Term Liabilities 887.7 837.5
Long-Term Liability - Operating Leases 853.0 900.0
Long-Term Debt 4,889.1 5,577.2
Deferred Tax Liabilities 529.1 475.7
Commitments and Contingent Liabilities (Note 20)
Temporary Equity - Redeemable Noncontrolling Interests 414.6 382.9
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, 198.0 million and 202.7 million shares outstanding 44.6 44.6
Additional paid-in capital 492.0 571.1
Retained earnings 10,571.5 9,739.3
Accumulated other comprehensive income (loss) (1,337.6) (1,437.9)
Treasury stock, at cost, 99.2 million and 94.5 million shares (6,154.2) (5,665.0)
Total Shareholders’ Equity 3,616.3 3,252.1
Noncontrolling interests 608.8 524.3
Total Equity 4,225.1 3,776.4
TOTAL LIABILITIES AND EQUITY $ 28,044.6 $ 27,002.5