10-Q Filing

ARTHUR J. GALLAGHER & CO. CIK: 354190 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-035149`
Period End Date	20200630
Filing Date	20200731
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	ajg-10q_20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 78 Cash Flow Statement 84 Stockholders Equity 79 Comprehensive Income 33

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Common stock - issued shares	`CommonStockSharesIssued`	191.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$349.70M	USD	Point-in-time
Common stock - issued shares	`CommonStockSharesIssued`	188.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$512.30M	USD	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	191.50M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.65B	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.02B	USD	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	188.10M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.03B	USD	Point-in-time
Premiums and fees receivable	`PremiumsAndOtherReceivablesNet`	$6.87B	USD	Point-in-time
Premiums and fees receivable	`PremiumsAndOtherReceivablesNet`	$5.42B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$884.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.76B	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$467.40M	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$461.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$945.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.01B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$773.60M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$727.70M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$393.50M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$362.20M	USD	Point-in-time
Goodwill	`Goodwill`	$5.76B	USD	Point-in-time
Goodwill	`Goodwill`	$5.62B	USD	Point-in-time
Amortizable intangible assets - net	`IntangibleAssetsNetExcludingGoodwill`	$2.32B	USD	Point-in-time
Amortizable intangible assets - net	`IntangibleAssetsNetExcludingGoodwill`	$2.23B	USD	Point-in-time
Total assets	`Assets`	$19.63B	USD	Point-in-time
Total assets	`Assets`	$19.20B	USD	Point-in-time
Total assets	`Assets`	$21.31B	USD	Point-in-time
Premiums payable to underwriting enterprises	`PremiumsPayableToUnderwritingEnterprises`	$7.95B	USD	Point-in-time
Premiums payable to underwriting enterprises	`PremiumsPayableToUnderwritingEnterprises`	$6.35B	USD	Point-in-time
Accrued compensation and other current liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$1.13B	USD	Point-in-time
Accrued compensation and other current liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$1.35B	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$434.10M	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$453.30M	USD	Point-in-time
Premium financing debt	`PremiumFinancingBorrowings`	$170.60M	USD	Point-in-time
Premium financing debt	`PremiumFinancingBorrowings`	$103.60M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$620.00M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$225.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.92B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.86B	USD	Point-in-time
Corporate related borrowings - noncurrent	`LongTermDebtNoncurrent`	$3.82B	USD	Point-in-time
Corporate related borrowings - noncurrent	`LongTermDebtNoncurrent`	$4.32B	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$69.70M	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$66.30M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$340.90M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$307.90M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.27B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$15.77B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.42B	USD	Point-in-time
Common stock - issued and outstanding 191.5 shares in 2020 and 188.1 shares in 2019	`CommonStockValue`	$191.50M	USD	Point-in-time
Common stock - issued and outstanding 191.5 shares in 2020 and 188.1 shares in 2019	`CommonStockValue`	$188.10M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$4.05B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$3.83B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.90B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.23B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-759.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-982.20M	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$5.16B	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$5.49B	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$60.00M	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$45.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.95B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$19.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.31B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$3.58B	USD	2 Qtrs
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$3.38B	USD	2 Qtrs
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$1.62B	USD	1 Quarter
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$1.55B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.66B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.65B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.58B	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.45B	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$815.60M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.64B	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$1.71B	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$806.30M	USD	1 Quarter
Operating	`OperatingExpenses`	$214.80M	USD	1 Quarter
Operating	`OperatingExpenses`	$472.50M	USD	2 Qtrs
Operating	`OperatingExpenses`	$520.20M	USD	2 Qtrs
Operating	`OperatingExpenses`	$257.70M	USD	1 Quarter
Reimbursements	`CostReimbursements`	$66.10M	USD	2 Qtrs
Reimbursements	`CostReimbursements`	$70.10M	USD	2 Qtrs
Reimbursements	`CostReimbursements`	$33.00M	USD	1 Quarter
Reimbursements	`CostReimbursements`	$32.40M	USD	1 Quarter
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$161.20M	USD	1 Quarter
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$292.00M	USD	1 Quarter
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$346.60M	USD	2 Qtrs
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$674.50M	USD	2 Qtrs
Interest	`InterestExpense`	$100.50M	USD	2 Qtrs
Interest	`InterestExpense`	$50.00M	USD	1 Quarter
Interest	`InterestExpense`	$44.90M	USD	1 Quarter
Interest	`InterestExpense`	$85.10M	USD	2 Qtrs
Depreciation	`Depreciation`	$69.30M	USD	2 Qtrs
Depreciation	`Depreciation`	$35.30M	USD	1 Quarter
Depreciation	`Depreciation`	$71.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$34.40M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$88.20M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$223.80M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$156.20M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$79.70M	USD	1 Quarter
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$3.40M	USD	1 Quarter
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$15.70M	USD	1 Quarter
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$6.30M	USD	2 Qtrs
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$-73.30M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$1.55B	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$2.92B	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$3.22B	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$1.41B	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.70M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$427.30M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$527.70M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$9.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-15.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-45.80M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$10.50M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$517.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$473.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$351.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$121.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$161.80M	USD	1 Quarter
Net earnings	`ProfitLoss`	$355.40M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.90M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.10M	USD	1 Quarter
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.20M	USD	2 Qtrs
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.30M	USD	1 Quarter
Net earnings attributable to controlling interests	`NetIncomeLoss`	$110.10M	USD	1 Quarter
Net earnings attributable to controlling interests	`NetIncomeLoss`	$153.70M	USD	1 Quarter
Net earnings attributable to controlling interests	`NetIncomeLoss`	$500.00M	USD	2 Qtrs
Net earnings attributable to controlling interests	`NetIncomeLoss`	$444.20M	USD	2 Qtrs
Basic net earnings per share	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic net earnings per share	`EarningsPerShareBasic`	$2.64	USD	2 Qtrs
Basic net earnings per share	`EarningsPerShareBasic`	$2.40	USD	2 Qtrs
Basic net earnings per share	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Diluted net earnings per share	`EarningsPerShareDiluted`	$2.35	USD	2 Qtrs
Diluted net earnings per share	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted net earnings per share	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted net earnings per share	`EarningsPerShareDiluted`	$2.58	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.43	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.86	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.90	USD	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$517.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$473.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$351.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$121.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$161.80M	USD	1 Quarter
Net earnings	`ProfitLoss`	$355.40M	USD	1 Quarter
Net gain on investments and other	`GainLossOnInvestments`	$1.20M	USD	2 Qtrs
Net gain on investments and other	`GainLossOnInvestments`	$58.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$295.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$225.50M	USD	2 Qtrs
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$3.40M	USD	1 Quarter
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$15.70M	USD	1 Quarter
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$6.30M	USD	2 Qtrs
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$-73.30M	USD	2 Qtrs
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$22.70M	USD	2 Qtrs
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$30.80M	USD	2 Qtrs
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$6.70M	USD	2 Qtrs
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$7.10M	USD	2 Qtrs
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.80M	USD	2 Qtrs
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-14.30M	USD	2 Qtrs
Effect of changes in foreign exchange rates	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.10M	USD	2 Qtrs
Effect of changes in foreign exchange rates	`ForeignCurrencyTransactionGainLossUnrealized`	$6.50M	USD	2 Qtrs
Net change in premiums and fees receivable	`IncreaseDecreaseInPremiumsAndFeeReceivable`	$1.11B	USD	2 Qtrs
Net change in premiums and fees receivable	`IncreaseDecreaseInPremiumsAndFeeReceivable`	$1.57B	USD	2 Qtrs
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$18.40M	USD	2 Qtrs
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$27.00M	USD	2 Qtrs
Net change in premiums payable to underwriting enterprises	`IncreaseDecreaseInReinsurancePayables`	$1.08B	USD	2 Qtrs
Net change in premiums payable to underwriting enterprises	`IncreaseDecreaseInReinsurancePayables`	$1.72B	USD	2 Qtrs
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-103.10M	USD	2 Qtrs
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-50.40M	USD	2 Qtrs
Net change in accrued compensation and other current liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$167.80M	USD	2 Qtrs
Net change in accrued compensation and other current liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$206.40M	USD	2 Qtrs
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.60M	USD	2 Qtrs
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$34.30M	USD	2 Qtrs
Net change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$79.30M	USD	2 Qtrs
Net change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$93.60M	USD	2 Qtrs
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-23.20M	USD	2 Qtrs
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$42.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$419.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$802.20M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$75.30M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$58.80M	USD	2 Qtrs
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$733.90M	USD	2 Qtrs
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$82.90M	USD	2 Qtrs
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$2.50M	USD	2 Qtrs
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$77.10M	USD	2 Qtrs
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$600.00K	USD	2 Qtrs
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$700.00K	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.80M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-732.80M	USD	2 Qtrs
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$14.00M	USD	2 Qtrs
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$30.70M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$58.20M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$65.10M	USD	2 Qtrs
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$81.40M	USD	2 Qtrs
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$30.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$173.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$159.70M	USD	2 Qtrs
Net borrowings on premium financing debt facility	`NetBorrowingsOnPremiumFinancingDebtFacility`	$-15.40M	USD	2 Qtrs
Net borrowings on premium financing debt facility	`NetBorrowingsOnPremiumFinancingDebtFacility`	$-62.70M	USD	2 Qtrs
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$2.00B	USD	2 Qtrs
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$2.55B	USD	2 Qtrs
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$2.97B	USD	2 Qtrs
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$1.94B	USD	2 Qtrs
Net borrowings of corporate related long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$725.00M	USD	2 Qtrs
Net borrowings of corporate related long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$524.80M	USD	2 Qtrs
Debt acquisition costs	`PaymentsOfDebtIssuanceCosts`	$3.90M	USD	2 Qtrs
Debt acquisition costs	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	2 Qtrs
Settlements on terminated interest rate swaps	`PaymentsOnSettlementsOfTerminatedInterestRateSwaps`	$65.90M	USD	2 Qtrs
Settlements on terminated interest rate swaps	`PaymentsOnSettlementsOfTerminatedInterestRateSwaps`	$6.40M	USD	2 Qtrs
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-252.50M	USD	2 Qtrs
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$620.10M	USD	2 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.90M	USD	2 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-31.10M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$309.80M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$378.80M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.62B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.55B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.62B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.55B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00B	USD	Point-in-time

Stockholders Equity 79 line items

Line Item	Tag	Value	Unit	Period
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$400.00K	USD	1 Quarter
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$300.00K	USD	1 Quarter
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$200.00K	USD	1 Quarter
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-7.10M	USD	1 Quarter
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-28.90M	USD	1 Quarter
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-4.40M	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	191.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	188.10M	shares	Point-in-time
Net earnings	`ProfitLoss`	$517.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$473.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$351.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$121.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$161.80M	USD	1 Quarter
Net earnings	`ProfitLoss`	$355.40M	USD	1 Quarter
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$4.30M	USD	1 Quarter
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-10.80M	USD	1 Quarter
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-300.00K	USD	1 Quarter
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-7.30M	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.30M	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.30M	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00M	USD	1 Quarter
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$18.90M	USD	1 Quarter
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.20M	USD	2 Qtrs
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.40M	USD	2 Qtrs
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.60M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-60.90M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$75.10M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-380.10M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$249.90M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-21.10M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.80M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-11.80M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-91.40M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-32.90M	USD	2 Qtrs
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-93.20M	USD	2 Qtrs
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$6.70M	USD	2 Qtrs
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$3.40M	USD	1 Quarter
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$3.30M	USD	1 Quarter
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$7.10M	USD	2 Qtrs
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$3.60M	USD	1 Quarter
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$3.50M	USD	1 Quarter
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$110.90M	USD	1 Quarter
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$37.00M	USD	1 Quarter
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$73.10M	USD	1 Quarter
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$11.00M	USD	1 Quarter
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$28.10M	USD	1 Quarter
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.80M	USD	1 Quarter
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.90M	USD	1 Quarter
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.90M	USD	1 Quarter
Stock option plans (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	900,000.00	shares	2 Qtrs
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.70M	USD	1 Quarter
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$10.50M	USD	1 Quarter
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$6.00M	USD	1 Quarter
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$12.40M	USD	1 Quarter
Deferred compensation and restricted stock	`DeferredCompensationAndRestrictedStockExpensesBenefit`	$7.50M	USD	1 Quarter
Deferred compensation and restricted stock	`DeferredCompensationAndRestrictedStockExpensesBenefit`	$-4.20M	USD	1 Quarter
Deferred compensation and restricted stock	`DeferredCompensationAndRestrictedStockExpensesBenefit`	$15.00M	USD	1 Quarter
Deferred compensation and restricted stock	`DeferredCompensationAndRestrictedStockExpensesBenefit`	$5.20M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$80.30M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$86.80M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$81.00M	USD	1 Quarter
Cash dividends declared on common stock	`DividendsCommonStockCash`	$86.20M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.53B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.96B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.07B	USD	Point-in-time
Ending balance, (in shares)	`CommonStockSharesIssued`	191.50M	shares	Point-in-time
Ending balance, (in shares)	`CommonStockSharesIssued`	188.10M	shares	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$517.20M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$473.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$351.70M	USD	1 Quarter
Net earnings	`ProfitLoss`	$121.40M	USD	1 Quarter
Net earnings	`ProfitLoss`	$161.80M	USD	1 Quarter
Net earnings	`ProfitLoss`	$355.40M	USD	1 Quarter
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-800.00K	USD	1 Quarter
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.20M	USD	2 Qtrs
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.40M	USD	2 Qtrs
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.60M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$250.70M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-60.70M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-130.60M	USD	2 Qtrs
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$13.80M	USD	2 Qtrs
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-21.10M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-1.80M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-11.80M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-91.40M	USD	1 Quarter
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-32.90M	USD	2 Qtrs
Change in fair value of derivative investments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-93.20M	USD	2 Qtrs
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$294.60M	USD	2 Qtrs
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$456.40M	USD	2 Qtrs
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$40.40M	USD	1 Quarter
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$410.70M	USD	1 Quarter
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.30M	USD	1 Quarter
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.60M	USD	2 Qtrs
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$29.30M	USD	2 Qtrs
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.10M	USD	1 Quarter
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$403.40M	USD	1 Quarter
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$277.00M	USD	2 Qtrs
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$29.30M	USD	1 Quarter
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$427.10M	USD	2 Qtrs

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