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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 293.3 $ 181.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 11.3 12.8
Amortization 35.5 40.6
Gain on divestiture of businesses, excluding transaction costs (Note 4) (155.8)
Other non-cash items, net 22.9 30.3
Increase/(decrease) in cash, excluding the effects of divestitures, resulting from changes in:    
Other assets (93.2) (46.9)
Accounts payable and accrued liabilities 36.0 (35.8)
Income taxes payable 56.2 5.5
Other liabilities (6.2) (12.5)
Net cash provided by operating activities 200.0 175.8
Cash flows from investing activities    
Payments for capitalized contract costs (6.9) (78.3)
Payments for internal use software (12.6) (9.9)
Purchases of property and equipment (10.3) (8.7)
Proceeds from divestitures , net of cash divested (Note 4) 896.1
Other investing activities (5.9) 0.7
Net cash provided by investing activities 541.0 269.2
Cash flows from financing activities    
Cash dividends and dividend equivalents paid (91.8) (96.7)
Common stock repurchased (Note 9) (154.4) (84.5)
Net repayments of commercial paper (175.0) (80.0)
Net proceeds from issuance of borrowings 892.6
Principal payments on borrowings (300.0) (650.0)
Proceeds from exercise of options 8.9 8.1
Other financing activities 0.1
Net cash used in financing activities (792.7) (307.5)
Net change in cash and cash equivalents, including settlement, and restricted cash (51.7) 137.5
Cash and cash equivalents, including settlement, and restricted cash at beginning of period 2,110.9 2,143.1
Cash and cash equivalents, including settlement, and restricted cash at end of period 2,059.2 2,280.6
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents on balance sheet 1,295.8 1,502.6
Settlement cash and cash equivalents (Note 8) 685.7  
Restricted cash in Other assets 24.6 14.0
Cash and cash equivalents included in Assets held for sale (Note 4) 53.1  
Cash and cash equivalents, including settlement, and restricted cash 2,059.2 2,280.6
Supplemental cash flow information:    
Interest paid 16.6 19.6
Income taxes paid 23.0 15.0
Internal use software capitalized but not yet paid 42.0
Settlement Investments    
Cash flows from investing activities    
Proceeds from the sale of settlement investments 71.6 427.1
Maturities of settlement investments 37.4 100.0
Purchase of investments (178.4) (161.7)
Cash flows from financing activities    
Net change in settlement obligations (80.4) (297.1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Settlement cash and cash equivalents (Note 8) 685.7 764.0
Non Settlement Investment    
Cash flows from investing activities    
Purchase of investments $ (250.0)