XML 19 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows used for operating activities:    
Net income $ 301.8 $ 31.9
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 107.5 111.9
Equity in earnings (losses) (89.3) 13.6
Gain (Loss) on Sale of Assets (11.4) 1.1
Distributions of earnings from real estate ventures 4.6 8.7
Provision for loss on receivables and other assets (0.2) 54.2
Amortization of Deferred Compensation 43.8 49.3
Net non-cash mortgage servicing rights and mortgage banking derivative activity (15.4) (7.0)
Accretion of interest and amortization of debt issuance costs 2.2 2.7
Other (21.1) (36.9)
Increase (Decrease) in Receivables 70.1 632.0
Increase (Decrease) in Reimbursable Receivables and Reimbursable Payables (77.4) 46.7
Increase (Decrease) in Prepaid Expense and Other Assets (75.8) (18.0)
Increase (Decrease) in Deferred Tax Assets, net 1.3 (18.3)
Increase (Decrease) in Accounts Payable and Accrued Liabilities (265.7) (189.7)
Increase (Decrease) in Accrued Compensation (221.1) (726.9)
Net cash used in operating activities (246.1) (44.7)
Cash flows used in investing activities:    
Net capital additions - property and equipment (69.8) (77.3)
Net investment activity (less than wholly-owned) (41.8) (7.7)
Business acquisitions, net of cash acquired (0.2) 0.0
Payments to Acquire Interest in Joint Venture (77.4) (54.9)
Proceeds from Real Estate and Real Estate Joint Ventures 13.5 24.7
Other, net (38.1) 5.8
Net cash used in investing activities (213.8) (109.4)
Cash flows provided by financing activities:    
Proceeds from Long-term Lines of Credit 2,373.0 3,433.0
Repayments of Long-term Lines of Credit (2,023.0) (3,258.0)
Proceeds from (Repayments of) Short-term Debt 47.6 (4.8)
Payment for Contingent Consideration Liability, Financing Activities (54.3) (19.1)
Payments for Repurchase of Common Stock (37.9) (25.0)
Other, net 9.3 (12.0)
Net cash provided by financing activities 314.7 114.1
Effect of currency exchange rate on Cash and Cash Equivalents (9.7) (15.1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (154.9) (55.1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 839.8 652.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 684.9 597.0
Supplemental disclosure of cash flow information:    
Restricted Cash, beginning of period 265.5 200.2
Restricted Cash, end of period 190.9 183.5
Cash paid during the period for:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 19.9 29.0
Income taxes, net of refunds 114.8 48.5
Operating Lease, Payments 98.6 93.6
Non-cash activities    
Business acquisitions, including contingent consideration 3.8 0.0
Noncash or Part Noncash Divestiture, Amount of Consideration Received $ 23.9 $ 0.0