Supplemental Disclosures To The Consolidated Statements Of Cash Flows

9 Months Ended

Sep. 30, 2011

Supplemental Cash Flow Information [Abstract]

Supplemental Disclosures To The Consolidated Statements Of Cash Flows

Supplemental Disclosures to the Consolidated Statements of Cash Flows

The following schedule provides additional information concerning acquisitions, interest and income taxes paid for the nine-month periods ended September 30, 2011 and 2010.

(In millions of dollars)	2011			2010
Assets acquired, excluding cash	$	148		$	633
Liabilities assumed	(19		)	(163		)
Shares issued (7.6 million shares in 2010)	—			(183		)
Contingent/deferred purchase consideration	(16		)	(65		)
Net cash outflow for current year acquisitions	113			222
Purchase of other intangibles	2			3
Contingent payments from prior years' acquisitions	3			2
Deferred purchase consideration from prior years' acquisitions	16			21
Net cash outflow for acquisitions	$	134		$	248

(In millions of dollars)	2011			2010
Interest paid	$	163		$	182
Income taxes (refunded)/paid	$	(37	)	$	82

The Company had non-cash issuances of common stock under its share-based payment plan of $191 million and $173 million for the nine months ended September 30, 2011 and 2010, respectively. The Company recorded stock-based compensation expense related to equity awards of $124 million and $130 million for the nine month periods ended September 30, 2011 and 2010, respectively.

The consolidated statement of cash flows for the period ended September 30, 2010 includes the cash flow impact of discontinued operations in each cash flow category. The cash flow impact of discontinued operations from the operating, financing and investing cash flow categories in 2010 is as follows:

For the Year Ended September 30,
(In millions of dollars)	2010
Net cash used for operations	$	(22	)
Net cash used for investing activities	$	(14	)
Effect of exchange rate changes on cash and cash equivalents	$	(2	)

The information above excludes the cash flow impacts of actual disposal transactions related to discontinued operations because the Company believes these transactions to be cash flows attributable to the parent company, arising from its decision to dispose of the discontinued operation. In the first nine months of 2010, the Company’s cash flow reflects cash provided by investing activities of $1.13 billion from the disposal of Kroll and $110 million related to the disposition of KLS.