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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 328.0 $ 487.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 20.1 22.6
Amortization 72.4 70.1
Gain on divestiture of business, excluding transaction costs (Note 4)   (155.8)
Other non-cash items, net 35.6 32.8
Increase/(decrease) in cash, excluding the effects of divestitures, resulting from changes in:    
Other assets (52.7) (131.2)
Accounts payable and accrued liabilities (52.0) 19.6
Income taxes payable (86.4) (20.5)
Other liabilities (1.0) (18.1)
Net cash provided by operating activities 264.0 306.8
Cash flows from investing activities    
Payments for capitalized contract costs (32.9) (26.3)
Payments for internal use software (46.0) (42.7)
Purchases of property and equipment (11.2) (15.3)
Proceeds from divestiture, net of cash divested (Note 4)   896.4
Other investing activities 2.2 0.9
Net cash (used in)/provided by investing activities (65.1) 292.3
Cash flows from financing activities    
Cash dividends and dividend equivalents paid (Note 9) (178.7) (184.8)
Common stock repurchased (Note 9) (6.0) (185.5)
Net proceeds from/(repayments of) commercial paper 494.6 (15.0)
Principal payments on borrowings (300.0) (300.0)
Proceeds from exercise of options 0.3 9.4
Net change in settlement obligations (619.8) (112.1)
Other financing activities 0.1  
Net cash used in financing activities (609.5) (788.0)
Net change in cash and cash equivalents, including settlement, and restricted cash (410.6) (188.9)
Cash and cash equivalents, including settlement, and restricted cash at beginning of period 2,040.7 2,110.9
Cash and cash equivalents, including settlement, and restricted cash at end of period 1,630.1 1,922.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]    
Cash and cash equivalents on balance sheet 1,585.9 1,201.9
Settlement cash and cash equivalents (Note 8) 11.1 602.7
Restricted cash in Other assets 33.1 40.4
Cash and cash equivalents included in Assets held for sale (Note 4)   77.0
Cash and cash equivalents, including settlement, and restricted cash 1,630.1 1,922.0
Supplemental cash flow information:    
Interest paid 50.9 47.6
Income taxes paid 162.3 148.9
Accrued and unpaid capitalized contract costs   39.8
Settlement Investments    
Cash flows from investing activities    
Purchases of investments (198.3) (495.3)
Proceeds from the sale of investments 66.8 290.2
Maturities of settlement investments 54.3 84.4
Non Settlement Investment    
Cash flows from investing activities    
Purchases of investments   $ (400.0)
Proceeds from the sale of investments $ 100.0