XML 86 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 430.4 $ 449.5
Investment advisory fees receivable 255.5 214.9
Investments in marketable securities 128.9 100.4
Unsettled fund share receivables 40.1 34.5
Prepaid expenses and other current assets 57.4 77.1
Total current assets 912.3 876.4
Fixed assets, net 81.5 69.1
Equity investments in Affiliates 1,031.3 615.8
Acquired client relationships, net 1,585.5 1,321.1
Goodwill 2,355.2 2,117.3
Other assets 221.3 219.2
Total assets 6,187.1 5,218.9
Current liabilities:    
Accounts payable and accrued liabilities 324.7 343.6
Unsettled fund share payables 39.8 40.8
Payables to related parties 11.3 33.2
Total current liabilities 375.8 417.6
Senior bank debt 325.0 250.0
Senior notes 340.0  
Senior convertible securities 450.1 435.6
Junior convertible trust preferred securities 515.5 512.6
Deferred income taxes 497.1 506.0
Other long-term liabilities 164.7 145.7
Total liabilities 2,668.2 2,267.5
Redeemable non-controlling interests 477.5 451.8
Equity:    
Common stock ($.01 par value, 153.0 shares authorized; 53.9 shares outstanding in 2011 and 2012) 0.5 0.5
Additional paid-in capital 868.5 927.5
Accumulated other comprehensive income 79.1 50.0
Retained earnings 1,350.7 1,176.7
Total stockholders' equity before treasury stock 2,298.8 2,154.7
Less: treasury stock, at cost (2.5 shares in 2011 and 1.7 shares in 2012) (214.6) (288.7)
Total stockholders' equity 2,084.2 1,866.0
Non-controlling interests 957.2 633.6
Total equity 3,041.4 2,499.6
Total liabilities and equity $ 6,187.1 $ 5,218.9