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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net income$ 730$ 491
Adjustments to reconcile net income to cash provided by operating activities:  
(Gain) loss from sales of businesses, net(4)40
Depreciation of fixed assets16493
Amortization of intangible assets27386
Stock compensation expense179166
Deferred income taxes313
Change in assets and liabilities:  
Change in funds held on behalf of clients626466
Receivables, net(36)(40)
Accounts payable and accrued liabilities(227)(297)
Restructuring reserves(68)(54)
Current income taxes172(14)
Pension and other post employment liabilities(334)(95)
Other assets and liabilities(65)(61)
CASH PROVIDED BY OPERATING ACTIVITIES1,413794
CASH FLOWS FROM INVESTING ACTIVITIES  
Sales of long term investments10382
Purchases of long term investments(28)(17)
Net sales (purchases) of short term investments - non-fiduciary176(1,692)
Net purchases of short term investments - funds held on behalf of clients(626)(466)
Acquisition of businesses, net of cash acquired(102)(90)
Proceeds from sale of businesses910
Capital expenditures(151)(115)
CASH USED FOR INVESTING ACTIVITIES(619)(2,288)
CASH FLOWS FROM FINANCING ACTIVITIES  
Purchase of treasury stock(828)(100)
Issuance of stock for employee benefit plans16598
Issuance of debt1,5721,805
Repayment of debt(1,523)(81)
Cash dividends to stockholders(150)(123)
Purchase of shares from noncontrolling interests(24)(6)
Dividends paid to noncontrolling interests(21)(15)
CASH (USED FOR) PROVIDED BY FINANCING ACTIVITIES(809)1,578
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS(36)34
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS(51)118
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD346217
CASH AND CASH EQUIVALENTS AT END OF PERIOD295335
Supplemental disclosures:  
Interest paid216104
Income taxes paid, net of refunds$ 74$ 153