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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings $ 1,212.2 $ 1,005.6
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Net gain on investments and other (23.9) (3.9)
Depreciation and amortization 629.3 506.8
Change in estimated acquisition earnout payables (12.6) 48.7
Amortization of deferred compensation and restricted stock 87.8 76.7
Stock-based and other noncash compensation expense 32.1 21.0
Payments on acquisition earnouts in excess of original estimates (36.8) (64.9)
Provision for deferred income taxes 2.7 8.5
Effect of changes in foreign exchange rates 16.0 7.2
Net change in accounts receivable, net (110.5) (684.7)
Net change in deferred revenue 19.4 63.4
Net change in other current assets (12.1) (17.5)
Net change in accrued compensation and other accrued liabilities 41.4 361.1
Net change in income taxes payable (36.3) 25.8
Net change in other noncurrent assets and liabilities 34.9 (15.7)
Net cash provided by operating activities 1,843.6 1,338.1 Close
Cash flows from investing activities:    
Capital expenditures (98.3) (147.6)
Cash paid for acquisitions, net of cash and restricted cash acquired (669.4) (1,183.6)
Net proceeds from sales of operations/books of business 21.2 6.2
Net funding of investment transactions 0.4 4.9
Net funding of premium finance loans 16.1 (72.4)
Net cash used by investing activities (730.0) (1,392.5) Close
Cash flows from financing activities:    
Payments on acquisition earnouts (130.6) (89.2)
Proceeds from issuance of common stock 138.0 100.0
Payments to noncontrolling interests (3.4) (0.8)
Dividends paid (393.6) (354.5)
Net change in fiduciary assets and liabilities 655.6 1,552.4
Net borrowings on premium financing debt facility (29.7) 48.3
Borrowings on line of credit facility 1,663.2 2,550.0
Repayments on line of credit facility (1,906.9) (2,610.0)
Net borrowings of corporate related long-term debt 568.7 643.7
Debt acquisition costs (7.6) (8.1)
Settlements on terminated interest rate swaps (1.4) 60.0
Net cash (used) provided by financing activities 552.3 1,891.8 Close
Effect of changes in foreign exchange rates on cash, cash equivalents, restricted cash and fiduciary cash 85.8 (16.2) Close
Net increase in cash, cash equivalents, restricted cash and fiduciary cash 1,751.7 1,821.2 Close
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of period 6,543.3 4,964.2
Cash, cash equivalents, restricted cash and fiduciary cash at end of period $ 8,295.0 $ 6,785.4