v3.26.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net Income $ 1,154.3 $ 956.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 21.8 21.2
Amortization of purchased intangibles 56.1 55.2
Depreciation and amortization 27.2 27.3
Net realized and unrealized (gains) losses on investments 22.9 (2.6)
Deferred income taxes (13.4) (7.4)
Change in:    
Accounts receivable (295.8) (196.8)
Other current assets (50.1) 0.0
Other assets 3.5 16.5
Accounts payable 3.6 20.3
Income taxes payable 327.6 280.9
Other current liabilities 20.9 (57.1)
Other liabilities (7.6) (2.8)
Other (11.1) 5.7
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation 1,259.9 1,116.6
Cash Flows from Investing Activities    
Proceeds from maturities of available-for-sale marketable securities 1.1 3.6
Purchases of available-for-sale marketable securities (0.8) (3.0)
Purchases of property, net (21.8) (14.2)
Investments in privately-held equity investments (1.5) (2.4)
Net Cash Used in Investing Activities (23.0) (16.0)
Cash Flows from Financing Activities    
Proceeds from debt, net of issuance costs 0.0 742.3
Repayment of debt 0.0 (750.0)
Cash dividends (2,697.6) (2,567.4)
Repurchase of Class A common stock, including costs (538.7) 0.0
Change in performance bond and guaranty fund contributions 5,379.2 21,799.1
Employee taxes paid on restricted stock vesting (22.0) (8.2)
Other (4.4) (4.4)
Net Cash Provided by Financing Activities 2,116.5 19,211.4
Net change in cash, cash equivalents and restricted cash 3,353.4 20,312.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning balance 164,079.5 101,794.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, ending balance 167,432.9 122,106.1
Cash and cash equivalents 2,391.2 1,405.3
Short-term restricted cash 6.4 6.3
Long-term restricted cash 0.0  
Restricted cash and restricted cash equivalents (performance bonds and guaranty fund contributions) 165,035.3 120,694.5
Income taxes paid 42.7 12.7
Interest paid $ 46.3 $ 41.1