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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net earnings $ 715.8 $ 675.9 $ 516.9
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Net gain on investments and other (72.0) (8.4) (0.1)
Depreciation and amortization 474.4 419.0 385.8
Change in estimated acquisition earnout payables 15.3 9.6 30.9
Amortization of deferred compensation and restricted stock 47.2 41.6 33.5
Stock-based and other noncash compensation expense 14.0 13.7 17.3
Payments on acquisition earnouts in excess of original estimates (16.6) (64.6) (57.9)
Effect of changes in foreign exchange rate 6.7 (2.9) 3.9
Net change in premium and fees receivable (434.7) (783.1) (47.7)
Net change in deferred revenue 12.8 18.4 0.9
Net change in premiums payable to underwriting enterprises 461.6 819.7 166.9
Net change in other current assets (60.5) (134.7) (35.3)
Net change in accrued compensation and other accrued liabilities 77.0 44.9 69.6
Net change in income taxes payable 35.5 (46.0) 2.0
Net change in deferred income taxes (150.7) (216.0) (219.3)
Net change in other noncurrent assets and liabilities (6.6) (22.0) (13.2)
Net cash provided by operating activities 1,119.2 765.1 854.2
Cash flows from investing activities:      
Capital expenditures (138.8) (124.4) (129.2)
Cash paid for acquisitions, net of cash and restricted cash acquired (1,266.8) (784.8) (376.1)
Net proceeds from sales of operations/books of business 81.0 14.5 3.2
Net funding of investment transactions (52.0) (15.6) (8.9)
Net cash used by investing activities (1,376.6) (910.3) (511.0)
Cash flows from financing activities:      
Payments on acquisition earnouts (46.3) (62.1) (41.7)
Proceeds from issuance of common stock 101.2 81.9 60.4
Repurchases of common stock   (11.3) (17.7)
Payments to noncontrolling interests (75.4) (54.2) (35.0)
Dividends paid (321.1) (301.8) (282.7)
Net borrowings on premium financing debt facility 19.2 32.9 0.6
Borrowings on line of credit facility 4,315.0 3,075.0 3,643.0
Repayments on line of credit facility (4,060.0) (3,000.0) (3,731.0)
Net borrowings of corporate related long-term debt 725.0 400.0 348.0
Debt acquisition costs (3.9) (1.3)  
Settlements on terminated interest rate swaps (15.3) 2.9 8.3
Net cash provided (used) by financing activities 638.4 162.0 (47.8)
Effect of changes in foreign exchange rates on cash, cash equivalents and restricted cash 6.1 (85.0) 72.0
Net increase (decrease) in cash, cash equivalents and restricted cash 387.1 (68.2) 367.4
Cash, cash equivalents and restricted cash at beginning of year 2,236.8 2,305.0 1,937.6
Cash, cash equivalents and restricted cash at end of year $ 2,623.9 $ 2,236.8 $ 2,305.0