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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 360.0 $ 565.5
Receivables 528.7 400.6
Investments in marketable securities 33.9 119.3
Goodwill 2,639.5 2,633.4
Acquired client relationships (net) 1,257.1 1,309.9
Equity method investments in Affiliates (net) 2,330.2 2,791.0
Fixed assets (net) 99.8 104.3
Other investments 209.7 201.1
Other assets 268.9 94.0
Total assets 7,727.8 8,219.1
Liabilities and Equity    
Payables and accrued liabilities 607.1 746.6
Debt 1,791.4 1,829.6
Deferred income tax liability (net) 421.7 511.6
Other liabilities 354.6 162.7
Total liabilities 3,174.8 3,250.5
Commitments and contingencies (Note 8)
Redeemable non-controlling interests 727.2 833.7 [1]
Equity:    
Common stock ($0.01 par value, 153.0 shares authorized; 58.5 shares outstanding in 2018 and 2019) 0.6 0.6
Additional paid-in capital 835.8 835.6
Accumulated other comprehensive loss (95.1) (109.0)
Retained earnings 3,743.7 3,876.8
Total stockholders' equity before treasury stock 4,485.0 4,604.0
Less: Treasury stock, at cost (6.5 shares in 2018 and 7.8 shares in 2019) (1,259.7) (1,146.6)
Total stockholders' equity 3,225.3 3,457.4
Non-controlling interests 600.5 677.5
Total equity 3,825.8 4,134.9
Total liabilities and equity $ 7,727.8 $ 8,219.1
[1]
As of December 31, 2018 and June 30, 2019, Redeemable non-controlling interests includes consolidated Affiliate sponsored investment products primarily attributable to third-party investors of $91.0 million and $6.7 million, respectively.