10-K Filing

BROWN & BROWN, INC. CIK: 79282 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-018890`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	bro-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 54 Cash Flow Statement 127 Stockholders Equity 45 Comprehensive Income 12

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	560.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	560.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$650.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	302.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$700.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	304.20M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$693.20M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	284.60M	shares	Point-in-time
Fiduciary cash	`FiduciaryCashCurrent`	$1.60B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	283.20M	shares	Point-in-time
Fiduciary cash	`FiduciaryCashCurrent`	$1.38B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$11.00M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$12.00M	USD	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	19.70M	shares	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockCommonShares`	19.70M	shares	Point-in-time
Commission, fees and other receivables	`CommissionFeesAndOtherReceivable`	$789.70M	USD	Point-in-time
Commission, fees and other receivables	`CommissionFeesAndOtherReceivable`	$642.90M	USD	Point-in-time
Fiduciary receivables	`FiduciaryReceivablesCurrent`	$1.12B	USD	Point-in-time
Fiduciary receivables	`FiduciaryReceivablesCurrent`	$881.40M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$831.00M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$125.20M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$393.20M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$461.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$315.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$202.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.00B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.13B	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$239.90M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$270.30M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$214.90M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$198.80M	USD	Point-in-time
Goodwill	`Goodwill`	$6.67B	USD	Point-in-time
Goodwill	`Goodwill`	$7.34B	USD	Point-in-time
Goodwill	`Goodwill`	$4.74B	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.60B	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.62B	USD	Point-in-time
Investments	`Investments`	$21.00M	USD	Point-in-time
Investments	`Investments`	$22.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$230.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$301.80M	USD	Point-in-time
Total assets	`Assets`	$13.97B	USD	Point-in-time
Total assets	`Assets`	$9.80B	USD	Point-in-time
Total assets	`Assets`	$14.88B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$2.73B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$2.26B	USD	Point-in-time
Losses and loss adjustment reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$131.50M	USD	Point-in-time
Losses and loss adjustment reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$841.10M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$412.30M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$462.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$458.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$286.50M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$608.20M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesCurrent`	$541.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$568.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$250.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.60B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.96B	USD	Point-in-time
Long-term debt less unamortized discount and debt issuance costs	`LongTermDebtNoncurrent`	$3.23B	USD	Point-in-time
Long-term debt less unamortized discount and debt issuance costs	`LongTermDebtNoncurrent`	$3.69B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$178.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$195.90M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$584.00M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$616.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$326.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$298.90M	USD	Point-in-time
Common stock, par value $0.10 per share; authorized 560.0 shares; issued 304.2 shares and outstanding 284.6 shares at 2023, issued 302.9 shares and outstanding 283.2 shares at 2022, respectively	`CommonStockValue`	$30.40M	USD	Point-in-time
Common stock, par value $0.10 per share; authorized 560.0 shares; issued 304.2 shares and outstanding 284.6 shares at 2023, issued 302.9 shares and outstanding 283.2 shares at 2022, respectively	`CommonStockValue`	$30.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$919.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Treasury stock, at cost at 19.7 shares at 2023 and 19.7 shares at 2022, respectively.	`TreasuryStockValue`	$748.00M	USD	Point-in-time
Treasury stock, at cost at 19.7 shares at 2023 and 19.7 shares at 2022, respectively.	`TreasuryStockValue`	$748.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-148.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.55B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.61B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.75B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.20B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.58B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$14.88B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.97B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Commissions and fees	`InsuranceCommissionsAndFees`	$3.05B	USD	Annual
Commissions and fees	`InsuranceCommissionsAndFees`	$4.20B	USD	Annual
Commissions and fees	`InsuranceCommissionsAndFees`	$3.56B	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$52.40M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$1.10M	USD	Annual
Investment income	`InvestmentIncomeNonoperating`	$6.50M	USD	Annual
Other income, net	`OtherIncome`	$2.80M	USD	Annual
Other income, net	`OtherIncome`	$5.30M	USD	Annual
Other income, net	`OtherIncome`	$3.70M	USD	Annual
Total revenues	`Revenues`	$3.05B	USD	Annual
Total revenues	`Revenues`	$4.26B	USD	Annual
Total revenues	`Revenues`	$3.57B	USD	Annual
Employee compensation and benefits	`EmployeeCompensationAndBenefits`	$2.19B	USD	Annual
Employee compensation and benefits	`EmployeeCompensationAndBenefits`	$1.64B	USD	Annual
Employee compensation and benefits	`EmployeeCompensationAndBenefits`	$1.82B	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$596.80M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$403.00M	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$649.90M	USD	Annual
(Gain)/loss on disposal	`GainLossOnDispositionOfAssets1`	$4.50M	USD	Annual
(Gain)/loss on disposal	`GainLossOnDispositionOfAssets1`	$9.60M	USD	Annual
(Gain)/loss on disposal	`GainLossOnDispositionOfAssets1`	$143.30M	USD	Annual
Amortization	`AdjustmentForAmortization`	$146.60M	USD	Annual
Amortization	`AdjustmentForAmortization`	$119.60M	USD	Annual
Amortization	`AdjustmentForAmortization`	$166.00M	USD	Annual
Depreciation	`Depreciation`	$33.30M	USD	Annual
Depreciation	`Depreciation`	$39.20M	USD	Annual
Depreciation	`Depreciation`	$40.00M	USD	Annual
Interest	`InterestExpense`	$141.20M	USD	Annual
Interest	`InterestExpense`	$190.00M	USD	Annual
Interest	`InterestExpense`	$65.00M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$21.80M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$40.40M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-38.90M	USD	Annual
Total expenses	`OperatingExpenses`	$2.29B	USD	Annual
Total expenses	`OperatingExpenses`	$3.11B	USD	Annual
Total expenses	`OperatingExpenses`	$2.70B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.15B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$762.80M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$876.10M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$204.30M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$275.60M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$175.70M	USD	Annual
Net income	`NetIncomeLoss`	$671.80M	USD	Annual
Net income	`NetIncomeLoss`	$870.50M	USD	Annual
Net income	`NetIncomeLoss`	$587.10M	USD	Annual
Basic	`EarningsPerShareBasic`	$2.38	USD	Annual
Basic	`EarningsPerShareBasic`	$2.08	USD	Annual
Basic	`EarningsPerShareBasic`	$3.07	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.07	USD	Annual
Diluted	`EarningsPerShareDiluted`	$3.05	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.37	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.38	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	Annual

Cash Flow Statement 127 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$671.80M	USD	Annual
Net income	`NetIncomeLoss`	$870.50M	USD	Annual
Net income	`NetIncomeLoss`	$587.10M	USD	Annual
Amortization	`AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments`	$119.60M	USD	Annual
Amortization	`AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments`	$146.60M	USD	Annual
Amortization	`AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments`	$166.00M	USD	Annual
Depreciation	`Depreciation`	$33.30M	USD	Annual
Depreciation	`Depreciation`	$39.20M	USD	Annual
Depreciation	`Depreciation`	$40.00M	USD	Annual
Non-cash stock-based compensation	`ShareBasedCompensation`	$66.10M	USD	Annual
Non-cash stock-based compensation	`ShareBasedCompensation`	$89.40M	USD	Annual
Non-cash stock-based compensation	`ShareBasedCompensation`	$61.00M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$21.80M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$40.40M	USD	Annual
Change in estimated acquisition earn-out payables	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-38.90M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$33.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$12.30M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.80M	USD	Annual
Amortization of debt discount and disposal of deferred financing costs	`AmortizationOfDebtDiscountPremium`	$1.00M	USD	Annual
Amortization of debt discount and disposal of deferred financing costs	`AmortizationOfDebtDiscountPremium`	$2.80M	USD	Annual
Amortization of debt discount and disposal of deferred financing costs	`AmortizationOfDebtDiscountPremium`	$3.80M	USD	Annual
Amortization of discounts and premiums, investment	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.50M	USD	Annual
Amortization of discounts and premiums, investment	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-100.00K	USD	Annual
Amortization of discounts and premiums, investment	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-200.00K	USD	Annual
Net (gain)/loss on sales/disposals of businesses, investments, fixed assets and customer accounts	`NetLossGainOnSalesOfBusinessesInvestmentsFixedAssetsAndCustomerAccounts`	$140.30M	USD	Annual
Net (gain)/loss on sales/disposals of businesses, investments, fixed assets and customer accounts	`NetLossGainOnSalesOfBusinessesInvestmentsFixedAssetsAndCustomerAccounts`	$7.10M	USD	Annual
Net (gain)/loss on sales/disposals of businesses, investments, fixed assets and customer accounts	`NetLossGainOnSalesOfBusinessesInvestmentsFixedAssetsAndCustomerAccounts`	$3.60M	USD	Annual
Payments on acquisition earn-outs in excess of original estimated payables	`PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables`	$29.30M	USD	Annual
Payments on acquisition earn-outs in excess of original estimated payables	`PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables`	$30.10M	USD	Annual
Payments on acquisition earn-outs in excess of original estimated payables	`PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables`	$21.10M	USD	Annual
Effect of changes in foreign exchange rate changes	`IncreaseDecreaseInEffectOfForeignExchangeRate`	$-600.00K	USD	Annual
Effect of changes in foreign exchange rate changes	`IncreaseDecreaseInEffectOfForeignExchangeRate`	$200.00K	USD	Annual
Effect of changes in foreign exchange rate changes	`IncreaseDecreaseInEffectOfForeignExchangeRate`	$500.00K	USD	Annual
Commissions, fees and other receivables (increase) decrease	`IncreaseDecreaseInPremiumsCommissionAndFeesReceivable`	$61.90M	USD	Annual
Commissions, fees and other receivables (increase) decrease	`IncreaseDecreaseInPremiumsCommissionAndFeesReceivable`	$60.90M	USD	Annual
Commissions, fees and other receivables (increase) decrease	`IncreaseDecreaseInPremiumsCommissionAndFeesReceivable`	$106.40M	USD	Annual
Reinsurance recoverable (increase) decrease	`IncreaseDecreaseInReinsuranceRecoverable`	$-705.90M	USD	Annual
Reinsurance recoverable (increase) decrease	`IncreaseDecreaseInReinsuranceRecoverable`	$767.90M	USD	Annual
Reinsurance recoverable (increase) decrease	`IncreaseDecreaseInReinsuranceRecoverable`	$19.60M	USD	Annual
Prepaid reinsurance premiums (increase) decrease	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$14.60M	USD	Annual
Prepaid reinsurance premiums (increase) decrease	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$1.00M	USD	Annual
Prepaid reinsurance premiums (increase) decrease	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$68.30M	USD	Annual
Other assets (increase) decrease	`IncreaseDecreaseInOtherOperatingAssets`	$53.70M	USD	Annual
Other assets (increase) decrease	`IncreaseDecreaseInOtherOperatingAssets`	$117.70M	USD	Annual
Other assets (increase) decrease	`IncreaseDecreaseInOtherOperatingAssets`	$17.60M	USD	Annual
Losses and loss adjustment reserve increase (decrease)	`IncreaseDecreaseForLossAndLossAdjustmentExpense`	$19.60M	USD	Annual
Losses and loss adjustment reserve increase (decrease)	`IncreaseDecreaseForLossAndLossAdjustmentExpense`	$-709.60M	USD	Annual
Losses and loss adjustment reserve increase (decrease)	`IncreaseDecreaseForLossAndLossAdjustmentExpense`	$777.80M	USD	Annual
Unearned premiums increase (decrease)	`IncreaseDecreaseInUnearnedPremiums`	$50.10M	USD	Annual
Unearned premiums increase (decrease)	`IncreaseDecreaseInUnearnedPremiums`	$20.10M	USD	Annual
Unearned premiums increase (decrease)	`IncreaseDecreaseInUnearnedPremiums`	$14.60M	USD	Annual
Accounts payable increase (decrease)	`IncreaseDecreaseInAccountsPayable`	$124.30M	USD	Annual
Accounts payable increase (decrease)	`IncreaseDecreaseInAccountsPayable`	$260.00M	USD	Annual
Accounts payable increase (decrease)	`IncreaseDecreaseInAccountsPayable`	$54.40M	USD	Annual
Accrued expenses and other liabilities increase (decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$66.90M	USD	Annual
Accrued expenses and other liabilities increase (decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$37.00M	USD	Annual
Accrued expenses and other liabilities increase (decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$43.20M	USD	Annual
Other liabilities increase (decrease)	`IncreaseDecreaseInOtherOperatingLiabilities`	$-82.80M	USD	Annual
Other liabilities increase (decrease)	`IncreaseDecreaseInOtherOperatingLiabilities`	$-47.10M	USD	Annual
Other liabilities increase (decrease)	`IncreaseDecreaseInOtherOperatingLiabilities`	$-127.70M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$808.80M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.01B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$881.40M	USD	Annual
Additions to fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.00M	USD	Annual
Additions to fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.60M	USD	Annual
Additions to fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.90M	USD	Annual
Payments for businesses acquired, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$630.70M	USD	Annual
Payments for businesses acquired, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$366.80M	USD	Annual
Payments for businesses acquired, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.93B	USD	Annual
Proceeds from sales of businesses, fixed assets and customer accounts	`ProceedsFromSalesOfBusinessesFixedAssetsAndCustomerAccounts`	$16.60M	USD	Annual
Proceeds from sales of businesses, fixed assets and customer accounts	`ProceedsFromSalesOfBusinessesFixedAssetsAndCustomerAccounts`	$106.60M	USD	Annual
Proceeds from sales of businesses, fixed assets and customer accounts	`ProceedsFromSalesOfBusinessesFixedAssetsAndCustomerAccounts`	$60.40M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$100.00K	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$7.20M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$12.40M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$13.20M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$7.40M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$10.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.91B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-396.80M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-587.00M	USD	Annual
Fiduciary receivables and liabilities, net	`FiduciaryReceivablesAndLiabilitiesNet`	$-96.20M	USD	Annual
Fiduciary receivables and liabilities, net	`FiduciaryReceivablesAndLiabilitiesNet`	$-188.50M	USD	Annual
Fiduciary receivables and liabilities, net	`FiduciaryReceivablesAndLiabilitiesNet`	$-133.70M	USD	Annual
Deferred acquisition purchase payment	`DeferredAcquisitionPurchasePayment`	$5.10M	USD	Annual
Payments on acquisition earn-outs	`PaymentsOnAcquisitionEarnOuts`	$89.50M	USD	Annual
Payments on acquisition earn-outs	`PaymentsOnAcquisitionEarnOuts`	$76.20M	USD	Annual
Payments on acquisition earn-outs	`PaymentsOnAcquisitionEarnOuts`	$62.50M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.00B	USD	Annual
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$73.10M	USD	Annual
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$250.60M	USD	Annual
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$61.30M	USD	Annual
Deferred debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.60M	USD	Annual
Deferred debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$23.40M	USD	Annual
Borrowings on revolving credit facility	`ProceedsFromLinesOfCredit`	$420.00M	USD	Annual
Borrowings on revolving credit facility	`ProceedsFromLinesOfCredit`	$350.00M	USD	Annual
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$320.00M	USD	Annual
Payments on revolving credit facilities	`RepaymentsOfLinesOfCredit`	$350.00M	USD	Annual
Issuances of common stock for employee stock benefit plans	`ProceedsFromStockOptionsExercised`	$37.60M	USD	Annual
Issuances of common stock for employee stock benefit plans	`ProceedsFromStockOptionsExercised`	$34.00M	USD	Annual
Issuances of common stock for employee stock benefit plans	`ProceedsFromStockOptionsExercised`	$39.80M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings`	$48.80M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings`	$49.80M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings`	$39.80M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$82.60M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$74.10M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$100.00K	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$107.20M	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$119.50M	USD	Annual
Cash dividends paid	`PaymentsOfDividends`	$135.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-210.10M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-186.70M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.73B	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash	`EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary`	$33.90M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash	`EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary`	$-3.60M	USD	Annual
Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash	`EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary`	$-131.20M	USD	Annual
Net increase in cash and cash equivalents inclusive of fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$269.70M	USD	Annual
Net increase in cash and cash equivalents inclusive of fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$198.30M	USD	Annual
Net increase in cash and cash equivalents inclusive of fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$563.00M	USD	Annual
Cash and cash equivalents inclusive of fiduciary cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.03B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.30B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.47B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.03B	USD	Point-in-time
Cash and cash equivalents inclusive of fiduciary cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.30B	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Cash dividends paid	`CommonStockDividendsPerShareCashPaid`	$0.47	USD	Annual
Cash dividends paid	`CommonStockDividendsPerShareCashPaid`	$0.38	USD	Annual
Cash dividends paid	`CommonStockDividendsPerShareCashPaid`	$0.42	USD	Annual
Beginning Balance, Value	`StockholdersEquity`	$4.61B	USD	Point-in-time
Beginning Balance, Value	`StockholdersEquity`	$3.75B	USD	Point-in-time
Beginning Balance, Value	`StockholdersEquity`	$4.20B	USD	Point-in-time
Beginning Balance, Value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Beginning Balance, Shares	`CommonStockSharesOutstanding`	284.60M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesOutstanding`	283.20M	shares	Point-in-time
Net income	`NetIncomeLoss`	$671.80M	USD	Annual
Net income	`NetIncomeLoss`	$870.50M	USD	Annual
Net income	`NetIncomeLoss`	$587.10M	USD	Annual
Net unrealized holding (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.50M	USD	Annual
Net unrealized holding (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$700.00K	USD	Annual
Net unrealized holding (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-600.00K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-136.50M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.30M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$128.40M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$47.00M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$42.90M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$52.50M	USD	Annual
Stock incentive plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$51.20M	USD	Annual
Stock incentive plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$75.60M	USD	Annual
Stock incentive plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$55.70M	USD	Annual
Agency acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$9.90M	USD	Annual
Agency acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$14.70M	USD	Annual
Agency acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$18.30M	USD	Annual
Directors	`StockIssuedDuringPeriodValueIssuedForServices`	$900.00K	USD	Annual
Directors	`StockIssuedDuringPeriodValueIssuedForServices`	$900.00K	USD	Annual
Directors	`StockIssuedDuringPeriodValueIssuedForServices`	$1.10M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue`	$39.80M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue`	$49.80M	USD	Annual
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	`RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue`	$48.80M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$74.10M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$82.60M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$100.00K	USD	Annual
Cash dividends paid	`DividendsCash`	$135.00M	USD	Annual
Cash dividends paid	`DividendsCash`	$107.20M	USD	Annual
Cash dividends paid	`DividendsCash`	$119.50M	USD	Annual
Ending Balance, Value	`StockholdersEquity`	$4.61B	USD	Point-in-time
Ending Balance, Value	`StockholdersEquity`	$3.75B	USD	Point-in-time
Ending Balance, Value	`StockholdersEquity`	$4.20B	USD	Point-in-time
Ending Balance, Value	`StockholdersEquity`	$5.58B	USD	Point-in-time
Ending Balance, Shares	`CommonStockSharesOutstanding`	284.60M	shares	Point-in-time
Ending Balance, Shares	`CommonStockSharesOutstanding`	283.20M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$587.10M	USD	Annual
Net income	`ProfitLoss`	$671.80M	USD	Annual
Net income	`ProfitLoss`	$870.50M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-137.50M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-9.30M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$128.60M	USD	Annual
Unrealized gain/(loss) on available-for-sale debt securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$700.00K	USD	Annual
Unrealized gain/(loss) on available-for-sale debt securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-100.00K	USD	Annual
Unrealized gain/(loss) on available-for-sale debt securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.50M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$999.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$577.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$532.80M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.