Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)

12 Months Ended

Dec. 31, 2017

Supplemental Cash Flow Elements [Abstract]

Summary of Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities

NOTE 12· Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities

Our Restricted Cash balance is comprised of funds held in separate premium trust accounts as required by state law or, in some cases, per agreement with our carrier partners. While these referenced funds are not restricted, they do represent premium payments from customers to be paid to insurance carriers and this change in classification should not be viewed as a source of operating cash.

	For the Year Ended December 31,
(in thousands)	2017		2016		2015
Cash paid during the period for:
Interest	$	36,172	$	37,652	$	37,542
Income taxes	$	152,024	$	143,111	$	132,874

Brown & Brown’s significant non-cash investing and financing activities are summarized as follows:

	For the Year Ended December 31,
(in thousands)	2017		2016		2015
Other payables issued for purchased customer accounts	$	11,708	$	10,664	$	10,029
Estimated acquisition earn-out payables and related charges	$	6,921	$	4,463	$	36,899
Notes payable issued or assumed for purchased customer accounts	$	—	$	492	$	—
Notes received on the sale of fixed assets and customer accounts	$	—	$	22	$	7,755

The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of December 31, 2017, 2016 and 2015.

	Balance as of December 31,
(in thousands)	2017		2016		2015
Table to reconcile cash and cash equivalents inclusive of restricted cash
Cash and cash equivalents	$	573,383	$	515,646	443,420
Restricted cash	250,705		265,637		229,753
Total cash and cash equivalents inclusive of restricted cash at the end of the period	$	824,088	$	781,283	673,173