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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings $ 289.0 $ 240.3
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 14.7 12.8
Amortization of intangible assets 146.6 101.8
Amortization of deferred financing costs 3.4 2.1
Non-cash stock compensation 32.9 27.7
Gain on sale of assets, net of tax (21.6) 0.0
Income tax provision, excluding tax associated with gain on sale of assets 72.4 64.3
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable 70.3 69.1
Unbilled receivables (22.2) (43.1)
Inventories (8.2) (10.3)
Accounts payable and accrued liabilities (46.4) (70.2)
Deferred revenue 60.5 3.6
Cash income taxes paid (17.8) (24.1)
Other, net (14.0) (10.1)
Cash provided by operating activities 559.6 363.9
Cash flows from (used in) investing activities:    
Acquisitions of businesses, net of cash acquired 0.0 (2.8)
Capital expenditures (9.1) (7.9)
Capitalized software expenditures (7.2) (2.6)
Proceeds from (used in) disposal of businesses (0.1) (3.7)
Proceeds from sale of assets 27.1 0.0
Cash provided by (used in) investing activities 10.7 (17.0)
Cash flows from (used in) financing activities:    
Borrowings (payments) under revolving line of credit, net (495.0) 0.0
Cash dividends to stockholders (58.8) (53.1)
Proceeds from stock-based compensation, net 4.4 12.1
Treasury stock sales 4.7 2.8
Other (0.5) (0.5)
Cash flows used in financing activities (545.2) (38.7)
Effect of foreign currency exchange rate changes on cash (2.4) (18.1)
Net increase in cash and cash equivalents 22.7 290.1
Cash and cash equivalents, beginning of period 308.3 709.7
Cash and cash equivalents, end of period $ 331.0 $ 999.8