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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net earnings $ 67.8 $ 57.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Net gain on investments and other (1.4) (2.2)
Depreciation and amortization 93.8 84.0
Change in estimated acquisition earnout payables 11.8 3.9
Amortization of deferred compensation and restricted stock 6.2 5.7
Stock-based and other noncash compensation expense 4.1 3.3
Payments on acquisition earnouts in excess of original estimates (9.1) (9.4)
Effect of changes in foreign exchange rates 1.5 0.1
Net change in restricted cash 154.2 92.8
Net change in premiums receivable (206.3) (60.8)
Net change in premiums payable (30.1) (114.2)
Net change in other current assets 56.2 85.9
Net change in accrued compensation and other accrued liabilities 43.1 (19.0)
Net change in fees receivable/unearned fees   16.6
Net change in income taxes payable (5.9) (3.4)
Net change in deferred income taxes (17.2) (16.7)
Net change in other noncurrent assets and liabilities (28.0) (17.3)
Unrealized foreign currency remeasurement gain (loss) 29.0 (7.2)
Net cash provided by operating activities 169.7 100.0
Cash flows from investing activities:    
Net additions to fixed assets (29.3) (61.9)
Cash paid for acquisitions, net of cash acquired (145.0) (44.5)
Net proceeds from sales of operations/books of business 1.4 1.7
Net funding of investment transactions (5.2) (6.5)
Net cash used by investing activities (178.1) (111.2)
Cash flows from financing activities:    
Payments on acquisition earnouts (10.6) (7.8)
Proceeds from issuance of common stock 20.3 6.8
Tax impact from issuance of common stock   0.6
Repurchases of common stock   (30.4)
Payments to noncontrolling interests (7.6) (8.9)
Dividends paid (71.4) (68.9)
Net borrowings on premium financing debt facility (27.8) (44.3)
Borrowings on line of credit facility 955.0 332.0
Repayments on line of credit facility (838.0) (221.0)
Net cash provided (used) by financing activities 19.9 (41.9)
Effect of changes in foreign exchange rates on cash and cash equivalents 7.0 (1.9)
Net increase (decrease) in cash and cash equivalents 18.5 (55.0)
Cash and cash equivalents at beginning of period 545.5 480.4
Cash and cash equivalents at end of period 564.0 425.4
Supplemental disclosures of cash flow information:    
Interest paid 30.1 29.0
Income taxes paid $ 12.2 $ 13.8