XML 18 R8.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements Of Cash Flows
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Cash Flows from Operating Activities      
Net Income $ 912.8 $ 2,651.2 $ 2,411.6
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation   62.4 58.6
Amortization of purchased intangibles 55.7 166.4 171.0
Depreciation and amortization 28.2 87.0 95.3
Net realized and unrealized (gains) losses on investments   (11.7) (71.8)
Deferred income taxes   (21.9) (25.8)
Change in:      
Accounts receivable   (95.2) (74.9)
Other current assets   598.7 (102.9)
Other assets   38.1 58.6
Accounts payable   39.3 (67.5)
Income taxes payable   (128.0) (86.5)
Other current liabilities   (691.4) 56.5
Other liabilities   (17.0) (34.5)
Other   (5.3) 21.8
Net Cash Provided by (Used in) Operating Activities   2,672.6 2,409.5
Cash Flows from Investing Activities      
Proceeds from maturities of available-for-sale marketable securities   4.9 4.4
Proceeds from sales of investments   13.5 97.9
Purchases of available-for-sale marketable securities   (4.3) (3.0)
Purchases of property, net   (67.8) (55.6)
Investments in privately-held equity investments   (3.6) (2.4)
Net Cash (Used in) Provided by Investing Activities   (57.3) 41.3
Cash Flows from Financing Activities      
Repayment of debt, including call premium   0.0 (16.4)
Cash dividends   (3,165.4) (2,835.4)
Change in performance bond and guaranty fund contributions   9,264.5 (48,057.1)
Employee taxes paid on restricted stock vesting   (29.5) (18.5)
Other   (9.0) (0.4)
Net Cash (Used in) Provided by Financing Activities   6,060.6 (50,927.8)
Net change in cash, cash equivalents and restricted cash   8,675.9 (48,477.0)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning balance   93,109.7 137,974.4
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, ending balance 101,785.6 101,785.6 89,497.4
Cash and cash equivalents 2,322.1 2,322.1 2,300.2
Short-term restricted cash 6.5 6.5 5.1
Long-term restricted cash 0.0 0.0  
Restricted cash and restricted cash equivalents (performance bonds and guaranty fund contributions) $ 99,457.0 99,457.0 87,192.1
Income taxes paid   938.6 883.3
Interest paid   $ 106.0 $ 106.0