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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net earnings from continuing operations $ 985.6 $ 805.3 $ 673.8
Adjustments to reconcile net earnings from continuing operations to cash flows from operating activities:      
Depreciation and amortization of property, plant and equipment 37.3 44.0 40.6
Amortization of intangible assets 612.8 571.9 451.0
Amortization of deferred financing costs 11.8 13.5 10.9
Non-cash stock compensation 118.5 123.0 108.3
Impairment of intangible assets 0.0 94.4 0.0
Gain on disposal of assets and businesses, net of associated income tax 0.0 (21.6) 0.0
Income tax provision, excluding tax associated with gain on disposal of businesses and assets 296.4 221.1 187.5
Changes in operating assets and liabilities, net of acquired businesses:      
Accounts receivable 2.5 (73.7) 22.3
Unbilled receivables (11.1) (16.4) (4.5)
Inventories (43.1) (0.3) (8.4)
Accounts payable 21.3 16.0 4.9
Other accrued liabilities (7.6) 27.0 74.6
Deferred revenue 52.9 162.2 60.7
Cash tax paid for gain on disposal of businesses (953.8) 0.0 (201.9)
Cash income taxes paid, excluding tax associated with gain on disposal of businesses (498.9) (273.9) (277.7)
Other, net (18.0) (36.7) (18.9)
Cash provided by operating activities from continuing operations 606.6 1,655.8 1,123.2
Cash provided by operating activities from discontinued operations 128.0 356.1 401.9
Cash provided by operating activities 734.6 2,011.9 1,525.1
Cash flows from (used in) investing activities:      
Acquisitions of businesses, net of cash acquired (4,280.1) (217.0) (6,018.1)
Capital expenditures (40.1) (28.5) (24.7)
Capitalized software expenditures (30.2) (29.7) (17.7)
Proceeds used in disposal of businesses 0.0 0.0 (4.5)
Proceeds from sale of assets 0.0 27.1 0.0
Other, net (1.4) (1.1) (2.6)
Cash used in investing activities from continuing operations (4,351.8) (249.2) (6,067.6)
Proceeds from disposition of discontinued operations 5,561.8 115.6 0.0
Cash used in investing activities from discontinued operations (0.5) (9.3) (6.3)
Cash provided by (used in) investing activities 1,209.5 (142.9) (6,073.9)
Cash flows from (used in) financing activities:      
Proceeds from senior notes 0.0 0.0 3,300.0
Payment of senior notes (800.0) (500.0) (600.0)
(Payments) borrowings under revolving line of credit, net (470.0) (1,150.0) 1,620.0
Debt issuance costs (3.9) 0.0 (42.0)
Cash dividends to stockholders (262.3) (236.4) (214.1)
Treasury stock sales 14.3 15.1 10.5
Proceeds from stock-based compensation, net 68.2 64.3 64.4
Other, net (0.2) (0.1) (0.1)
Cash (used in) provided by financing activities from continuing operations (1,453.9) (1,807.1) 4,138.7
Cash used in financing activities from discontinued operations (11.4) (6.4) (1.8)
Cash (used in) provided by financing activities from continuing operations (1,465.3) (1,813.5) 4,136.9
Effect of exchange rate changes on cash (37.5) (12.3) 10.5
Net increase in cash and cash equivalents 441.3 43.2 (401.4)
Cash and cash equivalents, beginning of year 351.5 308.3 709.7
Cash and cash equivalents, end of year 792.8 351.5 308.3
Cash paid for:      
Interest 206.5 222.2 197.7
Net assets of businesses acquired:      
Fair value of assets, including goodwill 4,891.8 249.8 6,715.4
Liabilities assumed (611.7) (32.8) (697.3)
Cash paid, net of cash acquired $ 4,280.1 $ 217.0 $ 6,018.1