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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows used for operating activities:    
Net income $ 90.0 $ 119.6
Adjustments to reconcile net income to net cash used in operating activities:    
Distributions of earnings from real estate ventures 17.1 18.0
Changes in working capital, net 88.7 60.1
Increase (Decrease) in Operating Capital (210.6) (480.5)
Net cash used in operating activities (14.8) (282.8)
Cash flows used in investing activities:    
Net capital additions - property and equipment (63.2) (79.8)
Acquisition of investment properties (less than wholly-owned) 0.0 (34.4)
Business acquisitions, net of cash acquired (18.5) (93.0)
Payments to Acquire Investments 21.8 63.0
Proceeds from Sale, Maturity and Collection of Investments 21.9 29.3
Other, net (2.9) 41.8
Net cash used in investing activities (84.5) (199.1)
Cash flows provided by financing activities:    
Proceeds from Issuance of Senior Long-term Debt 395.7 0.0
Proceeds from borrowings under credit facility 1,856.0 1,693.0
Repayments of borrowings under credit facility (2,106.0) (1,118.0)
Payment for deferred acquisition obligations and earn-out obligation (23.2) (30.6)
Payments of Ordinary Dividends, Common Stock 16.1 14.2
Noncontrolling interest contributions, net 0.7 5.0
Other, net (22.9) (57.7)
Net cash provided by financing activities 84.2 477.5
Effect of currency exchange rate on Cash and Cash Equivalents 6.9 1.5
Net change in cash and cash equivalents (8.2) (2.9)
Cash and cash equivalents, beginning of period 258.5 216.6
Cash and cash equivalents, end of period 250.3 213.7
Cash paid during the period for:    
Interest (24.9) (16.5)
Income taxes, net of refunds (70.4) (75.1)
Non-cash investing activities    
Business acquisitions, including contingent consideration 10.7 47.2
Capital Leases 2.0 5.7
Non-cash financing activities:    
Deferred business acquisition obligations $ 1.8 $ 29.4