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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 248.2 $ 213.6
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Net gain on investments and other (2.7) (3.1)
Depreciation and amortization 189.1 172.6
Change in estimated acquisition earnout payables 16.9 17.1
Amortization of deferred compensation and restricted stock 16.9 14.6
Stock-based and other noncash compensation expense 8.5 7.1
Payments on acquisition earnouts in excess of original estimates (16.9) (15.6)
Effect of changes in foreign exchange rates 0.5 (1.3)
Net change in restricted cash (55.5) (54.4)
Net change in premiums receivable (478.7) (423.4)
Net change in premiums payable 445.1 473.7
Net change in other current assets (17.4) (25.9)
Net change in accrued compensation and other accrued liabilities (77.0) (82.3)
Net change in fees receivable/unearned fees (11.9) 12.8
Net change in income taxes payable (11.6) (7.1)
Net change in deferred income taxes (72.9) (62.0)
Net change in other noncurrent assets and liabilities (18.4) (67.8)
Unrealized foreign currency remeasurement gain (loss) 43.2 (39.2)
Net cash provided by operating activities 205.4 129.4
Cash flows from investing activities:    
Net additions to fixed assets (65.6) (103.1)
Cash paid for acquisitions, net of cash acquired (225.2) (97.3)
Net proceeds from sales of operations/books of business 2.6 3.1
Net funding of investment transactions (6.3) (12.0)
Net cash used by investing activities (294.5) (209.3)
Cash flows from financing activities:    
Payments on acquisition earnouts (25.8) (30.7)
Proceeds from issuance of common stock 34.9 20.9
Tax impact from issuance of common stock   3.1
Repurchases of common stock   (101.0)
Payments to noncontrolling interests (15.5) (17.0)
Dividends paid (141.6) (136.4)
Net borrowings on premium financing debt facility (31.3) (39.5)
Borrowings on line of credit facility 2,110.0 1,022.5
Repayments on line of credit facility (2,070.0) (982.5)
Net borrowings of corporate related long-term debt 250.0 276.0
Settlements on terminated interest rate swaps 8.3  
Net cash provided by financing activities 119.0 15.4
Effect of changes in foreign exchange rates on cash and cash equivalents 12.4 (4.8)
Net increase (decrease) in cash and cash equivalents 42.3 (69.3)
Cash and cash equivalents at beginning of period 545.5 480.4
Cash and cash equivalents at end of period 587.8 411.1
Supplemental disclosures of cash flow information:    
Interest paid 61.9 54.2
Income taxes paid $ 38.8 $ 39.1