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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings $ 393.7 $ 355.4
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Net (gain) loss on investments and other (6.1) 0.1
Depreciation and amortization 143.3 172.4
Change in estimated acquisition earnout payables 15.0 (89.0)
Amortization of deferred compensation and restricted stock 14.3 15.3
Stock-based and other noncash compensation expense 3.7 3.3
Payments on acquisition earnouts in excess of original estimates (5.7) (1.1)
Effect of changes in foreign exchange rates 4.8 (12.4)
Net change in premiums and fees receivable (1,691.3) (2,055.8)
Net change in deferred revenue 37.9 4.5
Net change in premiums payable to underwriting enterprises 1,208.2 1,863.1
Net change in other current assets 113.8 206.4
Net change in accrued compensation and other current liabilities 155.9 (307.0)
Net change in income taxes payable (7.4) 2.6
Net change in deferred income taxes (22.4) (37.5)
Net change in other noncurrent assets and liabilities (71.4) (11.7)
Net cash provided by operating activities 286.3 108.6
Cash flows from investing activities:    
Capital expenditures (27.2) (29.5)
Cash paid for acquisitions, net of cash and restricted cash acquired (395.6) (76.2)
Net proceeds from sales of operations/books of business 5.3 1.1
Net funding of investment transactions (0.4) (0.4)
Net cash used by investing activities (417.9) (105.0)
Cash flows from financing activities:    
Payments on acquisition earnouts (17.9) (21.0)
Proceeds from issuance of common stock 37.2 23.9
Payments to noncontrolling interests (10.4) (74.8)
Dividends paid (97.4) (87.4)
Net borrowings on premium financing debt facility (54.6) (26.5)
Borrowings on line of credit facility 430.0 1,730.0
Repayments on line of credit facility (430.0) (1,970.0)
Net borrowings of corporate related long-term debt 25.0 575.0
Debt acquisition costs   (1.3)
Net cash (used) provided by financing activities (118.1) 147.9
Effect of changes in foreign exchange rates on cash and cash equivalents and restricted cash 36.3 (142.2)
Net (decrease) increase in cash, cash equivalents and restricted cash (213.4) 9.3
Cash, cash equivalents and restricted cash at beginning of period 3,574.3 2,623.9
Cash, cash equivalents and restricted cash at end of period $ 3,360.9 $ 2,633.2