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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 551.5 $ 281.2 $ 143.4
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of fixed assets and intangible assets 150.9 148.4 169.9
Provision for uncollectible receivables 10.4 10.7 19.3
Amortization of restricted stock and other non-cash compensation 51.7 50.0 49.5
Net amortization of bond (premiums) discounts and deferred financing costs (8.7) (4.4) 12.1
Deferred income tax provision 83.9 56.0 89.2
Gain on sale of an investment (132.2) 0 0
Loss on early extinguishment of debt 0 0.1 25.1
Other 28.2 24.9 13.4
Changes in assets and liabilities, net of acquisitions and dispositions, providing (using) cash:      
Accounts receivable (219.2) (547.6) 179.5
Expenditures billable to clients (39.2) (122.8) 19.7
Other current assets (42.0) (0.2) 33.1
Accounts payable (62.9) 867.4 230.0
Accrued liabilities 3.9 66.4 (363.4)
Other non-current assets and liabilities (102.8) (12.8) (80.0)
Net cash provided by operating activities 273.5 817.3 540.8
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from the sale of an investment 133.5 0 0
Acquisitions, including deferred payments, net of cash acquired (63.1) (61.9) (72.4)
Capital expenditures (140.3) (96.3) (67.1)
Net (purchases) sales and maturities of short-term marketable securities (0.7) (2.5) 158.5
Other investing activities 11.8 52.2 10.4
Net cash (used in) provided by investing activities (58.8) (108.5) 29.4
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repurchase of common stock (400.8) 0 0
Common stock dividends (111.1) 0 0
Repurchase of preferred stock 0 (265.9) 0
Purchase of long-term debt (38.9) (217.3) (783.4)
Proceeds from issuance of 10.00% Senior Notes due 2017 0 0 587.7
Net increase in short term bank borrowings 42.5 17.4 0
Acquisition-related payments (71.5) (29.5) (5.9)
Distributions to noncontrolling interests (23.0) (21.5) (22.2)
Preferred stock dividends (11.6) (19.6) (27.6)
Other financing activities 73.4 (11.3) (15.6)
Net cash used in financing activities (541.0) (547.7) (267.0)
Effect of foreign exchange rate changes on cash and cash equivalents (46.7) 19.4 84.8
Net (decrease) increase in cash and cash equivalents (373.0) 180.5 388.0
Cash and cash equivalents at beginning of period 2,675.7 2,495.2 2,107.2
Cash and cash equivalents at end of period $ 2,302.7 $ 2,675.7 $ 2,495.2