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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 579.5 $ 693.2
Fiduciary cash 1,271.3 777.0
Short-term investments 11.2 12.9
Commission, fees and other receivables 625.3 522.6
Fiduciary receivables 723.4 693.7
Reinsurance recoverable 1,021.6 63.1
Prepaid reinsurance premiums 409.9 392.2
Other current assets 208.6 175.6
Total current assets 4,850.8 3,330.3
Fixed assets, net 239.2 212.0
Operating lease assets 214.5 197.0
Goodwill 6,522.3 4,736.8
Amortizable intangible assets, net 1,588.0 1,081.5
Investments 24.0 31.0
Other assets 219.5 206.8
Total assets 13,658.3 9,795.4
Current Liabilities:    
Fiduciary liabilities 1,994.7 1,470.7
Losses and loss adjustment reserve 1,033.5 63.1
Unearned premiums 430.7 392.2
Accounts payable 276.3 242.7
Accrued expenses and other liabilities 435.9 456.2
Current portion of long-term debt 67.5 42.5
Total current liabilities 4,238.6 2,667.4
Long-term debt less unamortized discount and debt issuance costs 4,040.4 1,980.4
Operating lease liabilities 191.4 180.0
Deferred income taxes, net 572.3 386.8
Other liabilities 305.0 383.9
Shareholders’ Equity:    
Common stock, par value $0.10 per share; authorized 560.0 shares; issued 302.9 shares and outstanding 283.3 shares at 2022, issued 301.0 shares and outstanding 282.5 shares at 2021, respectively 30.3 30.1
Additional paid-in capital 903.4 849.4
Treasury stock, at cost at 19.6 shares at 2022, 18.5 shares at 2021, respectively (748.0) (673.9)
Accumulated other comprehensive loss (315.5) (9.4)
Retained earnings 4,440.4 4,000.7
Total shareholders’ equity 4,310.6 4,196.9
Total liabilities and shareholders’ equity $ 13,658.3 $ 9,795.4