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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows used for operating activities:    
Net income $ 304.9 $ 53.8
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 188.8 176.5
Equity in (earnings) losses 20.0 117.3
Gain (Loss) on Sale of Assets 0.0 0.5
Distributions of earnings from real estate ventures 10.7 8.2
Provision for loss on receivables and other assets 34.7 21.7
Amortization of Deferred Compensation 78.9 59.5
Net non-cash mortgage servicing rights and mortgage banking derivative activity 25.9 9.5
Accretion of interest and amortization of debt issuance costs 4.1 3.1
Other (5.2) 15.4
Increase (Decrease) in Receivables 59.7 158.1
Increase (Decrease) in Reimbursable Receivables and Reimbursable Payables (160.0) (110.7)
Increase (Decrease) in Prepaid Expense and Other Assets (105.0) (32.0)
Increase (Decrease) in Income taxes receivable, payable and deferred (172.0) (114.0)
Increase (Decrease) in Accounts Payable, Accrued Liabilities and Other Liabilities (100.1) (91.7)
Increase (Decrease) in Accrued Compensation (327.4) (428.8)
Net cash used in operating activities (142.0) (153.6)
Cash flows used in investing activities:    
Net capital additions - property and equipment (126.3) (137.7)
Business acquisitions, net of cash acquired (40.8) (13.6)
Payments to Acquire Interest in Joint Venture (69.2) (86.8)
Proceeds from Real Estate and Real Estate Joint Ventures 14.3 21.5
Acquisition of controlling interest, net of cash acquired 3.7 0.0
Other, net (0.7) (3.8)
Net cash used in investing activities (219.0) (220.4)
Cash flows provided by financing activities:    
Proceeds from Long-term Lines of Credit 6,029.0 5,969.0
Repayments of Long-term Lines of Credit (6,309.0) (5,594.0)
Proceeds from Issuance of Commercial Paper 800.0 0.0
Proceeds from (Repayments of) Short-term Debt (73.0) (46.4)
Payment for Contingent Consideration Liability, Financing Activities (5.1) (22.6)
Payments for Repurchase of Common Stock (60.4) (39.4)
Noncontrolling interest (distributions) contributions, net 2.1 (4.2)
Other, net (34.6) (31.2)
Net cash provided by financing activities 349.0 231.2
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (1.8) (9.6)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (13.8) (152.4)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 663.4 746.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 649.6 593.6
Supplemental disclosure of cash flow information:    
Restricted Cash, beginning of period 253.4 226.7
Restricted Cash, end of period 211.8 204.1
Cash paid during the period for:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 105.4 105.6
Income taxes, net of refunds 243.4 126.4
Operating Lease, Payments 149.0 146.4
Non-cash activities    
Business acquisitions, including contingent consideration 13.5 0.0
Deferred business acquisition obligations $ 5.9 $ 0.0