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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flow from (used in) operating activities:      
Net income $ 833.7 $ 785.6 $ 669.6
Adjustments to reconcile Net income to net cash flow from operating activities:      
Intangible amortization and impairments 115.4 122.2 128.2
Depreciation and other amortization 18.8 16.9 14.0
Deferred income tax provision 94.7 62.8 27.7
Imputed interest expense and contingent payment arrangements (40.3) 30.1 31.7
Income from equity method investments, net of amortization (288.9) (281.7) (307.8)
Distributions received from equity method investments 346.1 366.9 226.6
Amortization of issuance costs 8.1 7.6 9.6
Share-based compensation and Affiliate equity expense 102.7 113.7 84.1
Other non-cash items (5.8) 3.8 10.4
Changes in assets and liabilities:      
(Increase) decrease in receivables 56.1 26.5 (101.8)
(Increase) decrease in other assets 6.2 (7.1) (12.8)
Increase (decrease) in payables, accrued liabilities and other liabilities (42.0) 144.9 177.6
Cash flow from operating activities 1,204.8 1,392.2 957.1
Cash flow from (used in) investing activities:      
Investments in Affiliates (297.7) (1,245.0) (26.3)
Purchase of fixed assets (38.2) (19.2) (24.0)
Purchase of investment securities (13.5) (21.2) (11.4)
Sale of investment securities 24.9 17.3 11.4
Cash flow used in investing activities (324.5) (1,268.1) (50.3)
Cash flow from (used in) financing activities:      
Borrowings of senior debt 1,253.3 1,746.5 760.0
Repayments of senior debt and convertible securities (1,256.0) (1,020.6) (1,201.3)
Issuance of common stock 57.8 41.4 48.2
Repurchase of common stock (413.7) (190.8) (15.7)
Note and contingent payments 20.5 14.4 (41.0)
Distributions to non-controlling interests (431.4) (569.4) (267.1)
Affiliate equity issuances and repurchases (120.6) (65.7) (118.1)
Excess tax benefit from share-based compensation 44.5 61.5 17.3
Settlement of forward equity sale agreement 0.1 (45.0) (44.0)
Other financing items (8.6) (5.2) (7.4)
Cash flow used in financing activities (854.1) (32.9) (869.1)
Effect of foreign exchange rate changes on cash and cash equivalents (13.0) (10.2) 1.5
Net increase (decrease) in cash and cash equivalents 13.2 81.0 39.2
Cash and cash equivalents at beginning of period 550.6 469.6 430.4
Cash and cash equivalents at end of period 563.8 550.6 469.6
Supplemental disclosure of cash flow information:      
Interest paid 76.4 67.9 87.4
Income taxes paid 89.6 110.7 82.8
Supplemental disclosure of non-cash financing activities:      
Settlement of 2006 junior convertible securities 0.0 217.8 0.0
Stock issued under incentive plans 10.7 63.6 1.3
Stock received in settlement of liability 3.6 44.7 0.5
Payables recorded for Share repurchases 0.0 47.8 0.0
Payables recorded for Affiliate equity repurchases $ 62.3 $ 21.5 $ 4.0