XML 20 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Consolidated revenue $ 2,329.6 $ 2,412.4 $ 2,027.5
Consolidated expenses:      
Compensation and related expenses 1,071.5 1,047.1 883.7
Selling, general and administrative 385.5 347.1 321.4
Intangible amortization and impairments 51.6 35.7 140.5
Interest expense 114.4 111.4 92.3
Depreciation and other amortization 15.8 16.6 19.1
Other expenses (net) 34.7 73.5 52.8
Total consolidated expenses 1,673.5 1,631.4 1,509.8
Equity method income (loss) (net) 338.1 242.5 (43.4)
BPEA Transaction gain (Note 10) 641.9 0.0 0.0
Investment and other income 110.3 117.6 34.1
Income before income taxes 1,746.4 1,141.1 508.4
Income tax expense 358.3 251.0 81.4
Net income 1,388.1 890.1 427.0
Net income (non-controlling interests) (242.2) (324.4) (224.8)
Net income (controlling interest) $ 1,145.9 $ 565.7 $ 202.2
Average shares outstanding (basic) (in shares) 38.5 41.5 46.5
Average shares outstanding (diluted) (in shares) 49.0 44.8 46.7
Earnings per share (basic) (in dollars per share) $ 29.77 $ 13.65 $ 4.34
Earnings per share (diluted) (in dollars per share) $ 25.35 $ 13.05 $ 4.33