XML 42 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenue $ 646.6 $ 636.3 $ 1,281.6 $ 1,229.4
Operating expenses:        
Compensation and related expenses 292.2 272.6 544.9 508.3
Selling, general and administrative 114.3 122.8 223.0 245.1
Intangible amortization and impairments 28.1 28.1 55.9 55.5
Depreciation and other amortization 4.6 4.1 9.0 7.9
Other operating expenses 12.2 10.3 22.1 20.2
Total operating expenses 451.4 437.9 854.9 837.0
Operating income 195.2 198.4 426.7 392.4
Income from equity method investments 60.1 54.7 113.2 100.9
Other non-operating (income) and expenses:        
Investment and other income (16.0) (8.4) (16.7) (16.6)
Interest expense 22.5 20.0 44.7 37.7
Imputed interest expense and contingent payment arrangements (13.2) 2.4 (40.4) 24.8
Total non-operating (income) and expenses (6.7) 14.0 (12.4) 45.9
Income before income taxes 262.0 239.1 552.3 447.4
Income taxes 72.1 61.1 141.7 110.0
Net income 189.9 178.0 410.6 337.4
Net income (non-controlling interests) (61.2) (78.9) (153.9) (161.2)
Net income (controlling interest) $ 128.7 $ 99.1 $ 256.7 $ 176.2
Average shares outstanding—basic (in shares) 54.6 55.4 54.7 54.6
Average shares outstanding—diluted (in shares) 57.5 56.6 57.7 55.9
Earnings per share—basic (in dollars per share) $ 2.36 $ 1.79 $ 4.70 $ 3.23
Earnings per share—diluted (in dollars per share) $ 2.31 $ 1.75 $ 4.58 $ 3.15