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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net earnings $ 949.7 $ 1,767.9 $ 944.4
Adjustments to reconcile net earnings to cash flows from operating activities:      
Depreciation and amortization of property, plant and equipment 53.4 49.2 49.5
Amortization of intangible assets 467.4 366.8 317.5
Amortization of deferred financing costs 10.9 7.3 6.3
Non-cash stock compensation 121.7 104.5 133.8
Loss on debt extinguishment 0.0 0.0 15.9
Gain on disposal of businesses, net of associated income tax 0.0 (687.3) 0.0
Income tax provision, excluding tax associated with gain on disposal of businesses 259.6 226.1 254.0
Changes in operating assets and liabilities, net of acquired businesses:      
Accounts receivable 53.3 (46.7) (83.5)
Unbilled receivables (39.3) (12.0) (14.0)
Inventories 4.6 (17.3) (21.8)
Accounts payable and accrued liabilities 121.6 (12.2) 68.8
Deferred revenue 56.9 108.8 86.6
Cash tax paid for gain on disposal of businesses (201.9) (39.4) 0.0
Cash income taxes paid, excluding tax associated with gain on disposal of businesses (313.2) (331.5) (321.6)
Other, net (19.6) (22.4) (5.8)
Cash provided by operating activities 1,525.1 1,461.8 1,430.1
Cash flows from (used in) investing activities:      
Acquisitions of businesses, net of cash acquired (6,018.1) (2,387.3) (1,275.8)
Capital expenditures (31.2) (52.7) (49.1)
Capitalized software expenditures (17.7) (10.2) (9.5)
Proceeds from (used in) disposal of businesses (4.3) 1,156.8 0.0
Other, net (2.6) (2.6) (0.7)
Cash used in investing activities (6,073.9) (1,296.0) (1,335.1)
Cash flows from (used in) financing activities:      
Proceeds from senior notes 3,300.0 1,200.0 1,500.0
Payment of senior notes (600.0) 0.0 (1,300.0)
Borrowings (payments) under revolving line of credit, net 1,620.0 (865.0) (405.0)
Debt issuance costs (42.0) (12.1) (13.9)
Redemption premium for debt extinguishment 0.0 0.0 (15.5)
Cash dividends to stockholders (214.1) (191.7) (170.1)
Treasury stock sales 10.5 6.8 5.4
Proceeds from stock based compensation, net 64.4 34.9 10.6
Other, net (1.9) 4.1 0.4
Cash provided by (used in) financing activities 4,136.9 177.0 (388.1)
Effect of exchange rate changes on cash 10.5 2.5 (13.8)
Net increase (decrease) in cash and cash equivalents (401.4) 345.3 (306.9)
Cash and cash equivalents, beginning of year 709.7 364.4 671.3
Cash and cash equivalents, end of year 308.3 709.7 364.4
Cash paid for:      
Interest 198.1 171.7 169.0
Income taxes, net of refunds received 515.1 370.9 321.6
Noncash investing activities:      
Fair value of assets, including goodwill 6,715.4 2,472.4 1,505.1
Liabilities assumed (697.3) (85.1) (229.3)
Cash paid, net of cash acquired $ 6,018.1 $ 2,387.3 $ 1,275.8