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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income $ 626.0 $ 910.6 $ 805.8
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 39.1 42.7 49.6
Amortization 144.5 141.1 158.6
Pension settlement charges (Note 11)     109.8
Gain on divestiture of business, excluding transaction costs (Note 4) (18.0) (254.8)  
Gain on the sale of noncontrolling interest in a private company (Note 4)     (47.9)
Deferred income tax benefit (Note 10) (11.0) (26.7) (2.6)
Other non-cash items, net 113.9 115.4 149.6
Increase/(decrease) in cash, excluding the effects of divestitures, resulting from changes in:      
Other assets (36.3) (209.2) (73.0)
Accounts payable and accrued liabilities (22.4) 42.6 (24.8)
Income taxes payable (Note 10) (68.1) (152.7) (56.2)
Other liabilities 15.4 (27.4) (23.6)
Net cash provided by operating activities 783.1 581.6 1,045.3
Cash flows from investing activities      
Payments for capitalized contract costs (36.4) (71.9) (107.5)
Payments for internal use software (88.5) (104.4) (69.4)
Purchases of property and equipment (22.9) (31.9) (37.7)
Proceeds from the sale of noncontrolling interest in a private company (Note 4)     50.9
Purchase of noncontrolling interest in stc Bank (Note 4)     (200.0)
Proceeds from divestitures, net of cash divested (Note 4)   887.2  
Other investing activities (3.7) 17.5 3.7
Net cash (used in)/provided by investing activities (140.8) 525.5 192.0
Cash flows from financing activities      
Cash dividends and dividend equivalents paid (Note 13) (349.0) (364.2) (381.6)
Common stock repurchased (Note 13) (308.4) (369.9) (409.9)
Net proceeds from/(repayments of) commercial paper 184.9 (95.0) 195.0
Net proceeds from issuance of borrowings     891.7
Principal payments on borrowings (300.0) (300.0) (1,150.0)
Make-whole premium on early extinguishment of debt (Note 15)     (14.3)
Proceeds from exercise of options 0.2 9.5 11.6
Net change in settlement obligations (122.8) (56.4) (412.2)
Other financing activities (1.7) (1.3) 0.2
Net cash used in financing activities (896.8) (1,177.3) (1,269.5)
Net change in cash and cash equivalents, including settlement, and restricted cash (254.5) (70.2) (32.2)
Cash and cash equivalents, including settlement, and restricted cash at beginning of period 2,040.7 2,110.9 2,143.1
Cash and cash equivalents, including settlement, and restricted cash at end of period 1,786.2 2,040.7 2,110.9
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents on balance sheet 1,268.6 1,285.9 1,208.3
Settlement cash and cash equivalents (Note 7) 496.0 708.1 835.5
Restricted cash in Other assets 21.6 41.5 29.4
Cash and cash equivalents included in Assets held for sale (Note 4)   5.2 37.7
Cash and cash equivalents, including settlement, and restricted cash 1,786.2 2,040.7 2,110.9
Supplemental cash flow information:      
Interest paid 102.4 97.2 101.6
Income taxes paid 197.4 279.8 185.9
Cash paid for lease liabilities 40.1 40.5 46.5
Non-cash lease liabilities arising from obtaining right-of-use assets (Note 12) 39.1 12.4 18.5
Internal use software capitalized but not yet paid     26.4
Accrued and unpaid capitalized contract costs   32.3  
Settlement Investments      
Cash flows from investing activities      
Purchases of investments (495.3) (1,160.0) (433.0)
Proceeds from the sale of investments 262.0 919.3 755.3
Maturities of settlement investments 144.0 169.7 $ 229.7
Non Settlement Investment      
Cash flows from investing activities      
Purchases of investments   (400.0)  
Proceeds from the sale of investments $ 100.0 $ 300.0