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Statements of Consolidated Cash Flows - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net earnings $ 602.1 $ 582.4
Adjustments to reconcile net earnings to cash flows provided by operating activities:    
Depreciation and amortization 131.1 117.3
Amortization of deferred contract costs 232.3 227.3
Deferred income taxes 23.5 44.4
Stock-based compensation expense 33.8 37.1
Net pension income (11.1) (2.7)
Net amortization of premiums and accretion of discounts on available-for-sale securities 12.4 12.2
Impairment of assets 2.8 0.0
Gain on sale of assets (0.2) (1.9)
Other 6.1 11.9
Changes in operating assets and liabilities:    
Increase in accounts receivable (78.7) (96.8)
Increase in other assets (454.8) (391.7)
Increase/(Decrease) in accounts payable 5.7 (15.1)
Decrease in accrued expenses and other liabilities (23.1) (91.6)
Net cash flows provided by operating activities 481.9 432.8
Cash Flows from Investing Activities:    
Purchases of corporate and client funds marketable securities (812.8) (1,409.9)
Proceeds from the sales and maturities of corporate and client funds marketable securities 1,196.7 1,653.7
Capital expenditures (43.5) (56.8)
Additions to intangibles (76.4) (88.2)
Proceeds from sale of property, plant, and equipment and other assets 0.2 23.4
Net cash flows provided by investing activities 264.2 122.2
Cash Flows from Financing Activities:    
Net increase/(decrease) in client funds obligations 3,203.3 (8,063.3)
Payments of debt (1,000.6) (0.5)
Proceeds from the issuance of debt 991.1 0.0
Settlement of cash flow hedges (43.6) 0.0
Repurchases of common stock (213.6) (309.7)
Net proceeds from stock purchase plan and stock-based compensation plans (7.9) (32.1)
Dividends paid (391.0) (343.3)
Net (payments)/proceeds related to reverse repurchase agreements (13.6) 166.3
Net proceeds of commercial paper borrowings 0.0 3,536.7
Net cash flows provided by/(used in) financing activities 2,524.1 (5,045.9)
Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents 37.9 (33.1)
Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents 3,308.1 (4,524.0)
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period 7,053.6 6,796.2
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period 10,361.7 2,272.2
Reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents to the Consolidated Balance Sheets    
Total cash, cash equivalents, restricted cash, and restricted cash equivalents 10,361.7 2,272.2
Supplemental disclosures of cash flow information:    
Cash paid for interest 27.3 53.6
Cash paid for income taxes, net of income tax refunds $ 45.4 $ 45.6