XML 71 R64.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
segment
channel
Sep. 30, 2011
Dec. 31, 2011
Segment Information          
Number of operating segments     3    
Number of principal distribution channels     3    
Statements of Income          
Revenue $ 467.3 $ 413.8 $ 1,314.5 $ 1,302.4  
Operating expenses:          
Depreciation, intangible amortization and impairments 27.5 26.1 179.7 77.9  
Other operating expenses 300.1 261.7 861.3 833.6  
Total operating expenses 327.6 287.8 1,041.0 911.5  
Operating income 139.7 126.0 273.5 390.9  
Non-operating (income) and expenses:          
Investment and other (income) loss (6.9) 9.5 (20.3) 6.8  
Income from equity method investments, net of amortization (19.4) (9.8) (47.3) (40.1)  
Interest expense 21.8 18.1 58.8 55.6  
Imputed interest and contingent payment arrangements 6.7 8.3 (35.7) 24.9  
Total non-operating (income) and expenses 2.2 26.1 (44.5) 47.2  
Income before income taxes 137.5 99.9 318.0 343.7  
Income taxes 19.4 19.8 46.0 73.2  
Net income 118.1 80.1 272.0 270.5  
Net income (non-controlling interests) (63.2) (40.0) (173.1) (145.9)  
Net income (controlling interest) 54.9 40.1 98.9 124.6  
Balance Sheet Information          
Total assets 6,030.8   6,030.8   5,218.9
Mutual Fund
          
Statements of Income          
Revenue 208.3 179.0 557.4 555.7  
Operating expenses:          
Depreciation, intangible amortization and impairments 5.4 4.2 115.1 12.3  
Other operating expenses 139.1 119.3 385.2 375.7  
Total operating expenses 144.5 123.5 500.3 388.0  
Operating income 63.8 55.5 57.1 167.7  
Non-operating (income) and expenses:          
Investment and other (income) loss (3.2) 5.5 (7.5) 2.0  
Income from equity method investments, net of amortization (3.2) (2.0) (8.5) (2.5)  
Interest expense 7.5 6.1 19.5 18.0  
Imputed interest and contingent payment arrangements 3.2 4.7 (24.7) 13.6  
Total non-operating (income) and expenses 4.3 14.3 (21.2) 31.1  
Income before income taxes 59.5 41.2 78.3 136.6  
Income taxes 7.5 8.1   30.8  
Net income 52.0 33.1 78.3 105.8  
Net income (non-controlling interests) (27.3) (14.7) (70.0) (52.0)  
Net income (controlling interest) 24.7 18.4 8.3 53.8  
Balance Sheet Information          
Total assets 2,367.5   2,367.5   1,920.6
Institutional
          
Statements of Income          
Revenue 210.7 199.6 636.8 640.6  
Operating expenses:          
Depreciation, intangible amortization and impairments 19.0 19.8 57.8 59.3  
Other operating expenses 131.5 120.9 400.9 392.0  
Total operating expenses 150.5 140.7 458.7 451.3  
Operating income 60.2 58.9 178.1 189.3  
Non-operating (income) and expenses:          
Investment and other (income) loss (2.8) 2.6 (10.9) (6.9)  
Income from equity method investments, net of amortization (14.8) (6.6) (34.6) (34.2)  
Interest expense 12.0 10.3 33.7 32.5  
Imputed interest and contingent payment arrangements 3.0 3.1 (12.1) 9.8  
Total non-operating (income) and expenses (2.6) 9.4 (23.9) 1.2  
Income before income taxes 62.8 49.5 202.0 188.1  
Income taxes 9.4 9.5 39.2 39.8  
Net income 53.4 40.0 162.8 148.3  
Net income (non-controlling interests) (28.5) (22.3) (85.8) (82.0)  
Net income (controlling interest) 24.9 17.7 77.0 66.3  
Balance Sheet Information          
Total assets 3,029.5   3,029.5   2,836.2
High Net Worth
          
Statements of Income          
Revenue 48.3 35.2 120.3 106.1  
Operating expenses:          
Depreciation, intangible amortization and impairments 3.1 2.1 6.8 6.3  
Other operating expenses 29.5 21.5 75.2 65.9  
Total operating expenses 32.6 23.6 82.0 72.2  
Operating income 15.7 11.6 38.3 33.9  
Non-operating (income) and expenses:          
Investment and other (income) loss (0.9) 1.4 (1.9) 11.7  
Income from equity method investments, net of amortization (1.4) (1.2) (4.2) (3.4)  
Interest expense 2.3 1.7 5.6 5.1  
Imputed interest and contingent payment arrangements 0.5 0.5 1.1 1.5  
Total non-operating (income) and expenses 0.5 2.4 0.6 14.9  
Income before income taxes 15.2 9.2 37.7 19.0  
Income taxes 2.5 2.2 6.8 2.6  
Net income 12.7 7.0 30.9 16.4  
Net income (non-controlling interests) (7.4) (3.0) (17.3) (11.9)  
Net income (controlling interest) 5.3 4.0 13.6 4.5  
Balance Sheet Information          
Total assets $ 633.8   $ 633.8   $ 462.1