Cushman & Wakefield plc(NYSE:CWK)

Cushman & Wakefield plc, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the United States, Australia, the United Kingdom, and internationally. The company operates through Americas; Europe, Middle East, and Africa; and Asia Pacific seg...
Website: http://www.cushmanwakefield.com
Founded: 1917
Full Time Employees: 53,000
Sector: Real Estate
Industry: Real Estate Services
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 2,535,800,000 | 2,913,800,000 | 2,605,900,000 | 2,483,900,000 | 2,284,600,000 | 2,629,500,000 | 2,344,200,000 | 2,288,000,000 | 2,184,800,000 | 2,552,400,000 | 2,286,000,000 | 2,406,000,000 | 2,249,300,000 | 2,647,000,000 | 2,515,100,000 | 2,612,600,000 | 2,331,000,000 | 2,883,700,000 | 2,332,900,000 | 2,248,300,000 | 1,923,800,000 | 2,273,100,000 | 1,931,600,000 | 1,743,600,000 | 1,895,400,000 | 2,607,500,000 | 2,118,800,000 | 2,121,700,000 | 1,903,000,000 | 2,401,900,000 | 2,076,000,000 | 1,974,300,000 |
yoy | 11.00% | 10.81% | 11.16% | 8.56% | 4.57% | 3.02% | 2.55% | -4.90% | -2.87% | -3.57% | -9.11% | -7.91% | -3.50% | -8.21% | 7.81% | 16.20% | 21.17% | 26.86% | 20.78% | 28.95% | 1.50% | -12.82% | -8.84% | -17.82% | -0.40% | 8.56% | 2.06% | 7.47% | ||||
qoq | -12.97% | 11.82% | 4.91% | 8.72% | -13.12% | 12.17% | 2.46% | 4.72% | -14.40% | 11.65% | -4.99% | 6.97% | -15.02% | 5.24% | -3.73% | 12.08% | -19.17% | 23.61% | 3.76% | 16.87% | -15.37% | 17.68% | 10.78% | -8.01% | -27.31% | 23.06% | -0.14% | 11.49% | -20.77% | 15.70% | 5.15% | |
costs and expenses: | ||||||||||||||||||||||||||||||||
costs of services | 2,115,100,000 | 2,339,300,000 | 2,152,000,000 | 2,016,600,000 | 1,900,300,000 | 2,101,100,000 | 1,911,800,000 | 1,874,800,000 | 1,832,500,000 | 2,073,800,000 | 1,882,100,000 | 1,978,100,000 | 1,907,600,000 | 2,162,600,000 | 2,052,900,000 | 2,077,500,000 | 1,860,500,000 | |||||||||||||||
operating, administrative and other | 336,700,000 | 372,500,000 | 320,600,000 | 318,300,000 | 305,800,000 | 319,700,000 | 314,200,000 | 294,200,000 | 296,000,000 | 317,100,000 | 300,900,000 | 328,900,000 | 315,900,000 | 334,800,000 | 315,600,000 | 317,500,000 | 293,400,000 | 359,200,000 | 302,500,000 | 284,200,000 | 280,800,000 | 310,400,000 | 254,300,000 | 272,100,000 | 284,000,000 | 364,500,000 | 315,200,000 | 306,900,000 | 286,800,000 | 356,900,000 | 307,400,000 | 311,900,000 |
depreciation and amortization | 25,300,000 | 25,500,000 | 25,800,000 | 26,200,000 | 26,700,000 | 29,600,000 | 28,900,000 | 31,200,000 | 32,500,000 | 36,800,000 | 36,200,000 | 35,700,000 | 36,900,000 | 32,700,000 | 33,900,000 | 39,700,000 | 40,600,000 | 43,800,000 | 42,700,000 | 42,500,000 | 43,100,000 | 52,100,000 | 64,900,000 | 74,600,000 | 72,000,000 | 73,900,000 | 75,000,000 | 74,300,000 | 73,500,000 | 77,000,000 | 71,600,000 | 71,600,000 |
restructuring, impairment and related charges | -400,000 | 6,500,000 | 4,600,000 | 14,100,000 | 17,400,000 | 5,000,000 | 14,700,000 | 9,200,000 | 7,000,000 | 7,200,000 | 5,800,000 | 600,000 | 1,300,000 | 1,200,000 | 5,000,000 | 7,200,000 | 14,700,000 | 17,600,000 | 12,100,000 | 13,100,000 | 5,800,000 | 26,100,000 | 8,400,000 | -600,000 | 200,000 | 3,900,000 | 1,000,000 | -1,200,000 | -6,400,000 | |||
total costs and expenses | 2,477,100,000 | 2,736,900,000 | 2,498,400,000 | 2,361,100,000 | 2,239,300,000 | 2,455,000,000 | 2,269,000,000 | 2,217,600,000 | 2,166,000,000 | 2,442,400,000 | 2,228,400,000 | 2,349,700,000 | 2,267,600,000 | 2,535,900,000 | 2,403,000,000 | 2,436,000,000 | 2,195,700,000 | 2,634,300,000 | 2,202,600,000 | 2,123,800,000 | 1,931,000,000 | 2,177,600,000 | 1,931,900,000 | 1,806,400,000 | 1,980,900,000 | 2,484,400,000 | 2,081,800,000 | 2,068,500,000 | 1,929,000,000 | 2,352,100,000 | 2,065,000,000 | 1,941,800,000 |
operating income | 58,700,000 | 176,900,000 | 107,500,000 | 122,800,000 | 45,300,000 | 174,500,000 | 75,200,000 | 70,400,000 | 18,800,000 | 110,000,000 | 57,600,000 | 56,300,000 | -18,300,000 | 111,100,000 | 112,100,000 | 176,600,000 | 135,300,000 | 249,400,000 | 130,300,000 | 124,500,000 | -7,200,000 | 95,500,000 | -300,000 | -62,800,000 | -85,500,000 | -26,000,000 | 49,800,000 | 11,000,000 | 32,500,000 | |||
yoy | 29.58% | 1.38% | 42.95% | 74.43% | 140.96% | 58.64% | 30.56% | 25.04% | -202.73% | -0.99% | -48.62% | -68.12% | -113.53% | -55.45% | -13.97% | 41.85% | -1979.17% | 161.15% | -43533.33% | -298.25% | -91.58% | 228.85% | ||||||||||
qoq | -66.82% | 64.56% | -12.46% | 171.08% | -74.04% | 132.05% | 6.82% | 274.47% | -82.91% | 90.97% | 2.31% | -407.65% | -116.47% | -0.89% | -36.52% | 30.52% | -45.75% | 91.40% | 4.66% | -1829.17% | -107.54% | -31933.33% | -99.52% | -26.55% | -152.21% | 352.73% | -66.15% | |||||
operating margin % | 2.31% | 6.07% | 4.13% | 4.94% | 1.98% | 6.64% | 3.21% | 3.08% | 0.86% | 4.31% | 2.52% | 2.34% | -0.81% | 4.20% | 4.46% | 6.76% | 5.80% | 8.65% | 5.59% | 5.54% | -0.37% | 4.20% | -0.02% | -3.60% | -4.51% | 0% | 0% | 0% | -1.37% | 2.07% | 0.53% | 1.65% |
interest expense, net of interest income | -49,200,000 | -54,700,000 | -56,000,000 | -53,200,000 | -52,300,000 | -55,500,000 | -54,900,000 | -60,800,000 | -58,700,000 | -56,900,000 | -89,500,000 | -57,900,000 | -76,800,000 | -53,400,000 | -50,400,000 | -46,100,000 | -43,200,000 | -47,500,000 | -45,800,000 | -43,800,000 | -42,400,000 | -43,600,000 | -44,900,000 | -38,800,000 | -36,500,000 | -37,800,000 | -37,400,000 | -38,200,000 | -37,200,000 | -39,700,000 | -92,700,000 | -52,000,000 |
earnings from equity method investments | -4,100,000 | -171,000,000 | -8,600,000 | 200,000 | 11,100,000 | 9,300,000 | 12,100,000 | 4,300,000 | 11,700,000 | 16,800,000 | 16,600,000 | 12,800,000 | 11,900,000 | 30,600,000 | 20,000,000 | 17,500,000 | 16,900,000 | 10,300,000 | 3,400,000 | 5,100,000 | 2,400,000 | 2,500,000 | 2,800,000 | 1,700,000 | 1,300,000 | 600,000 | 700,000 | 500,000 | 800,000 | 700,000 | 400,000 | 400,000 |
other income | -15,000,000 | 36,700,000 | 2,200,000 | 6,400,000 | 900,000 | 3,800,000 | 20,600,000 | 3,300,000 | 1,700,000 | 500,000 | -31,600,000 | -25,000,000 | -32,900,000 | -14,600,000 | 3,700,000 | 10,100,000 | 2,000,000 | 1,000,000 | 500,000 | -8,600,000 | 39,100,000 | 300,000 | 400,000 | 2,200,000 | 600,000 | 800,000 | -300,000 | 2,000,000 | ||||
earnings before income taxes | -9,600,000 | -12,100,000 | 45,100,000 | 76,200,000 | 5,000,000 | 132,100,000 | 53,000,000 | 17,200,000 | 70,100,000 | -17,300,000 | 6,400,000 | -89,200,000 | 88,800,000 | 50,100,000 | 123,000,000 | 76,100,000 | 197,600,000 | 91,600,000 | 95,900,000 | 55,400,000 | -41,900,000 | -108,500,000 | 86,200,000 | 700,000 | 17,700,000 | |||||||
provision for income taxes | 3,000,000 | 10,300,000 | -6,300,000 | 18,900,000 | 3,100,000 | 19,200,000 | 19,300,000 | 3,700,000 | 2,300,000 | 300,000 | 16,600,000 | 1,300,000 | -12,800,000 | 59,000,000 | 26,200,000 | 25,800,000 | 30,600,000 | |||||||||||||||
net income | -12,600,000 | -22,400,000 | 51,400,000 | 57,300,000 | 1,900,000 | 112,900,000 | 33,700,000 | 13,500,000 | -28,800,000 | 69,800,000 | -33,900,000 | 5,100,000 | -76,400,000 | 29,800,000 | 23,900,000 | 97,200,000 | 45,500,000 | 145,800,000 | 68,700,000 | 52,700,000 | -17,200,000 | -27,300,000 | -37,300,000 | -100,800,000 | -55,100,000 | 3,100,000 | 11,700,000 | 6,300,000 | -20,900,000 | -12,900,000 | -48,700,000 | -32,200,000 |
yoy | -763.16% | -119.84% | 52.52% | 324.44% | -106.60% | 61.75% | -199.41% | 164.71% | -62.30% | 134.23% | -241.84% | -94.75% | -267.91% | -79.56% | -65.21% | 84.44% | -364.53% | -634.07% | -284.18% | -152.28% | -68.78% | -980.65% | -418.80% | -1700.00% | 163.64% | -124.03% | -124.02% | -119.57% | ||||
qoq | -43.75% | -143.58% | -10.30% | 2915.79% | -98.32% | 235.01% | 149.63% | -146.88% | -141.26% | -305.90% | -764.71% | -106.68% | -356.38% | 24.69% | -75.41% | 113.63% | -68.79% | 112.23% | 30.36% | -406.40% | -37.00% | -26.81% | -63.00% | 82.94% | -1877.42% | -73.50% | 85.71% | -130.14% | 62.02% | -73.51% | 51.24% | |
net income margin % | -0.50% | -0.77% | 1.97% | 2.31% | 0.08% | 4.29% | 1.44% | 0.59% | -1.32% | 2.73% | -1.48% | 0.21% | -3.40% | 1.13% | 0.95% | 3.72% | 1.95% | 5.06% | 2.94% | 2.34% | -0.89% | -1.20% | -1.93% | -5.78% | -2.91% | 0.12% | 0.55% | 0.30% | -1.10% | -0.54% | -2.35% | -1.63% |
basic earnings per share: | ||||||||||||||||||||||||||||||||
earnings per share attributable to common shareholders, basic | -0.05 | -0.1 | 0.22 | 0.25 | 0.01 | 0.49 | 0.15 | 0.06 | 0.3 | -0.15 | 0.02 | -0.34 | 0.13 | 0.11 | 0.43 | 0.2 | -0.12 | -0.17 | -0.46 | -0.003 | 0.05 | 0.03 | ||||||||||
weighted-average shares outstanding for basic earnings per share | 232.8 | 231.2 | 231.5 | 231.4 | 230.4 | 228.9 | 229.3 | 229 | 226.9 | 227.2 | 227.1 | 226.2 | 225.4 | 225.7 | 225.6 | 224.7 | 223 | 223.3 | 223 | 220.8 | 221.1 | 220.4 | 217.7 | 218 | 216.9 | |||||||
diluted earnings per share: | ||||||||||||||||||||||||||||||||
earnings per share attributable to common shareholders, diluted | -0.05 | -0.09 | 0.22 | 0.25 | 0.01 | 0.48 | 0.14 | 0.06 | 0.3 | -0.15 | 0.02 | -0.34 | 0.13 | 0.11 | 0.43 | 0.2 | 0.64 | 0.3 | 0.23 | -0.12 | -0.17 | -0.46 | -0.003 | 0.05 | 0.03 | |||||||
weighted-average shares outstanding for diluted earnings per share | 232.8 | 234.7 | 235.9 | 232.4 | 232.3 | 232.8 | 233.4 | 231.5 | 226.9 | 227.2 | 227.1 | 226.2 | 228 | 227.5 | 228 | 229.1 | 226.5 | 227 | 226.3 | 220.8 | 221.1 | 220.4 | 224.5 | 224.5 | 224.8 | |||||||
income before income taxes | -26,500,000 | -45,200,000 | -81,600,000 | -61,800,000 | 11,600,000 | -81,600,000 | -17,100,000 | |||||||||||||||||||||||||
basic loss per share: | ||||||||||||||||||||||||||||||||
loss per share attributable to common shareholders, basic | -0.13 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding for basic loss per share | 227.9 | |||||||||||||||||||||||||||||||
diluted loss per share: | ||||||||||||||||||||||||||||||||
loss per share attributable to common shareholders, diluted | -0.13 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding for diluted loss per share | 227.9 | |||||||||||||||||||||||||||||||
other expense | -3,200,000 | -2,000,000 | -4,800,000 | -6,000,000 | ||||||||||||||||||||||||||||
cost of services | 2,226,300,000 | 1,850,200,000 | 1,782,400,000 | 1,589,500,000 | 1,803,000,000 | 1,599,600,000 | 1,453,900,000 | 1,598,800,000 | 2,037,600,000 | 1,692,200,000 | 1,687,100,000 | 1,564,800,000 | 1,917,200,000 | 1,687,200,000 | 1,564,700,000 | |||||||||||||||||
provision from income taxes | 9,525,000 | 22,900,000 | 43,200,000 | -7,700,000 | 11,400,000 | 15,100,000 | ||||||||||||||||||||||||||
earnings per share attributable to common shareholders | 0.118 | 0.31 | 0.24 | |||||||||||||||||||||||||||||
benefit from income taxes | -28,000,000 | -9,700,000 | -4,600,000 | -26,500,000 | -10,125,000 | -11,000,000 | -40,900,000 | 24,500,000 | -32,900,000 | |||||||||||||||||||||||
basic and diluted loss per share: | ||||||||||||||||||||||||||||||||
loss per share attributable to common shareholders | -0.08 | -0.25 | -0.1 | -0.26 | ||||||||||||||||||||||||||||
weighted-average shares outstanding for basic and diluted loss per share | 222.3 | 219.9 | 216.6 | 171.2 | 184 | 145.7 | ||||||||||||||||||||||||||
operating earnings | 123,100,000 | 37,000,000 | 53,200,000 | |||||||||||||||||||||||||||||
loss per share attributable to the company | -0.22 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||
cash and cash equivalents | 600,600,000 | 784,200,000 | 634,400,000 | 618,200,000 | 623,200,000 | 793,300,000 | 775,400,000 | 567,300,000 | 553,500,000 | 767,700,000 | 588,200,000 | 502,300,000 | 459,600,000 | 644,500,000 | 380,800,000 | 476,700,000 | 611,900,000 | 770,700,000 | 1,188,500,000 | 1,073,200,000 | 1,015,600,000 | 1,074,800,000 | 916,800,000 | 875,500,000 | 379,500,000 | 813,200,000 | 400,100,000 | 423,700,000 | 411,000,000 | 895,300,000 | 939,000,000 | 382,400,000 |
trade and other receivables, net of allowance of 95.3 and 93.2, as of march 31, 2026 and december 31, 2025, respectively | 1,447,100,000 | |||||||||||||||||||||||||||||||
income taxes receivable | 82,900,000 | |||||||||||||||||||||||||||||||
short-term contract assets | 324,800,000 | 301,400,000 | 305,400,000 | 310,700,000 | 303,800,000 | 301,400,000 | 302,000,000 | 296,700,000 | 317,000,000 | 311,000,000 | 343,500,000 | 374,600,000 | 360,000,000 | 358,200,000 | 392,500,000 | 431,400,000 | 360,600,000 | 318,900,000 | 294,600,000 | 274,000,000 | 250,400,000 | 247,600,000 | ||||||||||
prepaid expenses and other current assets | 292,500,000 | 189,700,000 | 208,400,000 | 229,900,000 | 249,600,000 | 181,200,000 | 227,900,000 | 229,100,000 | 237,000,000 | 189,400,000 | 213,200,000 | 266,800,000 | 298,200,000 | 246,300,000 | 275,300,000 | 277,500,000 | 295,700,000 | 264,700,000 | 268,600,000 | 270,800,000 | 250,200,000 | 223,200,000 | 559,000,000 | 484,400,000 | 494,000,000 | 438,500,000 | 312,200,000 | 343,400,000 | 373,900,000 | 339,700,000 | ||
total current assets | 2,747,900,000 | 2,843,100,000 | 2,671,800,000 | 2,637,100,000 | 2,604,800,000 | 2,690,400,000 | 2,648,900,000 | 2,592,000,000 | 2,459,800,000 | 2,803,200,000 | 2,618,200,000 | 2,624,600,000 | 2,506,300,000 | 2,766,800,000 | 2,403,300,000 | 2,761,400,000 | 2,672,900,000 | 2,830,300,000 | 3,076,200,000 | 2,845,600,000 | 2,718,300,000 | 2,890,700,000 | 2,709,600,000 | 2,630,800,000 | 2,218,500,000 | 2,860,800,000 | 2,289,800,000 | 2,264,100,000 | 2,132,100,000 | 2,743,300,000 | 2,623,800,000 | 2,079,400,000 |
property and equipment | 134,200,000 | 132,900,000 | 121,500,000 | 123,800,000 | 126,000,000 | 136,000,000 | 141,600,000 | 148,200,000 | 155,100,000 | 163,800,000 | 160,300,000 | 166,000,000 | 169,700,000 | 172,600,000 | 156,100,000 | 180,600,000 | 192,400,000 | 194,600,000 | 194,000,000 | 207,800,000 | 224,100,000 | 235,900,000 | 243,300,000 | 255,700,000 | 274,000,000 | 299,400,000 | 288,200,000 | 299,600,000 | 306,900,000 | 313,800,000 | 295,600,000 | 289,500,000 |
goodwill | 2,059,200,000 | 2,058,300,000 | 2,055,300,000 | 2,059,700,000 | 2,020,800,000 | 1,998,300,000 | 2,049,400,000 | 2,024,000,000 | 2,064,300,000 | 2,080,900,000 | 2,052,400,000 | 2,073,300,000 | 2,066,800,000 | 2,065,500,000 | 2,020,500,000 | 2,050,400,000 | 2,084,300,000 | 2,081,900,000 | 2,076,000,000 | 2,091,700,000 | 2,091,700,000 | 2,098,000,000 | 2,059,500,000 | 2,035,100,000 | 2,009,600,000 | 1,969,100,000 | 1,930,700,000 | 1,950,300,000 | 1,946,900,000 | 1,778,500,000 | 1,771,000,000 | 1,750,200,000 |
intangible assets | 645,100,000 | 654,700,000 | 664,300,000 | 674,500,000 | 682,400,000 | 690,100,000 | 703,200,000 | 711,900,000 | 791,300,000 | 805,900,000 | 822,800,000 | 841,000,000 | 857,800,000 | 874,500,000 | 885,400,000 | 899,000,000 | 908,100,000 | 922,200,000 | 937,400,000 | 956,400,000 | 972,700,000 | 991,200,000 | 991,800,000 | 1,023,800,000 | 1,062,700,000 | 1,062,600,000 | 1,093,600,000 | 1,146,500,000 | 1,193,100,000 | 1,128,200,000 | 1,166,500,000 | 1,203,900,000 |
equity method investments | 529,200,000 | 536,900,000 | 720,200,000 | 731,900,000 | 735,400,000 | 723,600,000 | 723,500,000 | 710,500,000 | 713,600,000 | 708,000,000 | 693,500,000 | 681,900,000 | 685,700,000 | 677,300,000 | 659,400,000 | 657,200,000 | 654,400,000 | 641,300,000 | 125,100,000 | 122,300,000 | 115,800,000 | 114,900,000 | 108,100,000 | 105,300,000 | 105,100,000 | 7,900,000 | 8,000,000 | 9,800,000 | 9,300,000 | 8,700,000 | 8,100,000 | 7,300,000 |
deferred tax assets | 217,300,000 | 149,000,000 | 164,500,000 | 135,900,000 | 65,100,000 | 93,100,000 | 124,200,000 | 109,300,000 | 99,800,000 | 67,400,000 | 74,700,000 | 57,100,000 | 58,100,000 | 58,600,000 | 77,600,000 | 62,700,000 | 65,000,000 | 65,500,000 | 60,300,000 | 61,000,000 | 60,600,000 | 61,400,000 | 84,700,000 | 82,800,000 | 79,700,000 | 86,600,000 | 80,900,000 | 84,100,000 | 84,700,000 | 84,000,000 | 67,400,000 | 68,600,000 |
non-current operating lease assets | 373,300,000 | 277,200,000 | 286,900,000 | 276,300,000 | 279,300,000 | 290,100,000 | 303,700,000 | 307,800,000 | 320,300,000 | 339,000,000 | 327,600,000 | 345,800,000 | 355,500,000 | 358,000,000 | 345,300,000 | 377,900,000 | 398,700,000 | 413,500,000 | 434,700,000 | 405,600,000 | 405,700,000 | 438,200,000 | 444,800,000 | 450,600,000 | 470,800,000 | 490,700,000 | 502,800,000 | 525,400,000 | 531,600,000 | |||
other non-current assets | 941,900,000 | 1,024,500,000 | 1,006,900,000 | 916,200,000 | 893,700,000 | 927,600,000 | 839,500,000 | 739,300,000 | 886,900,000 | 805,800,000 | 832,900,000 | 850,400,000 | 921,800,000 | 976,000,000 | 1,074,000,000 | 744,600,000 | 780,300,000 | 741,100,000 | 572,600,000 | 565,600,000 | 541,900,000 | 507,600,000 | 486,600,000 | 492,100,000 | 399,000,000 | 386,300,000 | 460,400,000 | 479,100,000 | 502,900,000 | 489,500,000 | 500,000,000 | 447,800,000 |
total assets | 7,648,100,000 | 7,676,600,000 | 7,691,400,000 | 7,555,400,000 | 7,407,500,000 | 7,549,200,000 | 7,534,000,000 | 7,343,000,000 | 7,491,100,000 | 7,774,000,000 | 7,582,400,000 | 7,640,100,000 | 7,621,700,000 | 7,949,300,000 | 7,621,600,000 | 7,733,800,000 | 7,756,100,000 | 7,890,400,000 | 7,476,300,000 | 7,256,000,000 | 7,130,800,000 | 7,337,900,000 | 7,128,400,000 | 7,076,200,000 | 6,619,400,000 | 7,163,400,000 | 6,654,400,000 | 6,758,900,000 | 6,707,500,000 | 6,546,000,000 | 6,432,400,000 | 5,846,700,000 |
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||
short-term borrowings and current portion of long-term debt | 129,800,000 | 124,900,000 | 129,200,000 | 174,800,000 | 108,500,000 | 103,200,000 | 96,400,000 | 141,700,000 | 125,000,000 | 149,700,000 | 118,900,000 | 36,700,000 | 33,700,000 | 49,800,000 | 46,300,000 | 44,500,000 | 43,300,000 | 42,400,000 | 41,300,000 | 39,000,000 | 40,000,000 | 39,700,000 | 37,400,000 | 38,100,000 | 38,800,000 | 39,300,000 | 40,300,000 | 40,100,000 | 38,700,000 | 39,900,000 | 40,600,000 | 40,300,000 |
accounts payable and accrued expenses | 1,159,300,000 | 1,225,000,000 | 1,194,700,000 | 1,147,200,000 | 1,095,100,000 | 1,110,500,000 | 1,068,600,000 | 1,032,400,000 | 1,093,600,000 | 1,157,700,000 | 1,113,500,000 | 1,125,200,000 | 1,132,300,000 | 1,199,000,000 | 1,077,700,000 | 1,091,000,000 | 1,083,500,000 | 1,106,200,000 | 1,042,600,000 | 996,600,000 | 1,038,000,000 | 1,054,400,000 | 1,023,500,000 | 1,024,900,000 | 1,037,600,000 | 1,145,300,000 | 957,600,000 | 998,900,000 | 982,200,000 | 1,047,700,000 | 748,400,000 | 746,200,000 |
accrued compensation | 871,400,000 | 1,021,500,000 | 898,500,000 | 744,600,000 | 759,300,000 | 900,400,000 | 799,900,000 | 671,900,000 | 708,100,000 | 851,400,000 | 751,400,000 | 694,700,000 | 759,400,000 | 916,500,000 | 854,700,000 | 886,000,000 | 840,100,000 | 976,300,000 | 810,900,000 | 729,700,000 | 661,700,000 | 720,500,000 | 627,100,000 | 555,300,000 | 637,900,000 | 888,800,000 | 666,700,000 | 621,400,000 | 580,000,000 | 817,900,000 | 874,900,000 | 834,200,000 |
income taxes payable | 86,500,000 | |||||||||||||||||||||||||||||||
other current liabilities | 179,200,000 | 191,400,000 | 208,700,000 | 195,000,000 | 208,900,000 | 196,000,000 | 245,400,000 | 238,700,000 | 232,800,000 | 217,600,000 | 226,300,000 | 211,300,000 | 187,800,000 | 192,000,000 | 217,400,000 | 234,900,000 | 215,500,000 | 204,500,000 | 192,400,000 | 195,800,000 | 203,400,000 | 205,800,000 | 112,000,000 | 92,900,000 | 111,400,000 | 189,600,000 | 185,700,000 | 197,500,000 | 201,000,000 | 90,000,000 | 228,100,000 | 235,700,000 |
total current liabilities | 2,426,200,000 | 2,591,800,000 | 2,506,100,000 | 2,325,500,000 | 2,203,200,000 | 2,329,900,000 | 2,241,000,000 | 2,135,300,000 | 2,179,400,000 | 2,397,200,000 | 2,217,100,000 | 2,123,300,000 | 2,120,100,000 | 2,390,400,000 | 2,223,000,000 | 2,311,800,000 | 2,319,300,000 | 2,434,500,000 | 2,132,300,000 | 1,971,400,000 | 1,978,400,000 | 2,065,500,000 | 1,947,400,000 | 1,863,000,000 | 1,983,900,000 | 2,322,600,000 | 1,944,200,000 | 1,945,600,000 | 1,862,000,000 | 2,038,700,000 | 1,900,900,000 | 1,869,400,000 |
long-term debt | 2,621,000,000 | 2,624,900,000 | 2,720,100,000 | 2,820,400,000 | 2,910,500,000 | 2,939,600,000 | 2,997,000,000 | 3,001,700,000 | 3,065,900,000 | 3,096,900,000 | 3,125,200,000 | 3,226,400,000 | 3,228,000,000 | 3,211,700,000 | 3,211,600,000 | 3,212,200,000 | 3,215,900,000 | 3,220,500,000 | 3,223,000,000 | 3,225,900,000 | 3,230,500,000 | 3,235,700,000 | 3,239,500,000 | 3,243,000,000 | 2,611,100,000 | 2,620,300,000 | 2,625,300,000 | 2,631,300,000 | 2,639,100,000 | 2,644,200,000 | 2,646,500,000 | 3,002,200,000 |
deferred tax liabilities | 38,400,000 | 13,800,000 | 19,300,000 | 18,100,000 | 16,500,000 | 12,600,000 | 43,200,000 | 29,600,000 | 58,900,000 | 13,700,000 | 96,500,000 | 56,300,000 | 60,100,000 | 57,200,000 | 15,300,000 | 5,200,000 | 36,300,000 | 48,700,000 | 89,900,000 | 114,900,000 | 76,100,000 | 102,200,000 | 47,000,000 | 65,500,000 | 74,100,000 | 110,000,000 | 13,900,000 | 56,000,000 | 77,300,000 | 136,400,000 | 107,900,000 | 145,000,000 |
non-current operating lease liabilities | 369,200,000 | 246,600,000 | 260,600,000 | 246,600,000 | 254,800,000 | 270,300,000 | 279,800,000 | 283,800,000 | 296,900,000 | 319,600,000 | 305,600,000 | 324,300,000 | 332,800,000 | 334,600,000 | 331,200,000 | 359,800,000 | 377,800,000 | 394,600,000 | 411,600,000 | 383,300,000 | 378,900,000 | 405,600,000 | 415,400,000 | 424,200,000 | 443,300,000 | 457,100,000 | 468,500,000 | 491,600,000 | 492,900,000 | |||
other non-current liabilities | 240,600,000 | 243,700,000 | 227,300,000 | 240,700,000 | 245,600,000 | 241,400,000 | 270,000,000 | 253,100,000 | 264,600,000 | 268,600,000 | 266,500,000 | 287,800,000 | 301,200,000 | 293,300,000 | 262,400,000 | 258,400,000 | 268,300,000 | 343,500,000 | 382,900,000 | 393,000,000 | 360,100,000 | 433,300,000 | 402,800,000 | 421,500,000 | 422,600,000 | 352,100,000 | 368,300,000 | 346,400,000 | 305,800,000 | 366,600,000 | 368,000,000 | 389,500,000 |
total liabilities | 5,695,400,000 | 5,720,800,000 | 5,733,400,000 | 5,651,300,000 | 5,630,600,000 | 5,793,800,000 | 5,831,000,000 | 5,703,500,000 | 5,865,700,000 | 6,096,000,000 | 6,010,900,000 | 6,018,100,000 | 6,042,200,000 | 6,287,200,000 | 6,043,500,000 | 6,147,400,000 | 6,217,600,000 | 6,441,800,000 | 6,239,700,000 | 6,088,500,000 | 6,024,000,000 | 6,242,300,000 | 6,081,500,000 | 6,046,400,000 | 5,535,000,000 | 5,862,100,000 | 5,420,200,000 | 5,470,900,000 | 5,377,100,000 | 5,185,900,000 | 5,023,300,000 | 5,406,100,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||
common shares, par value 0.10 per share, 800,000,000 shares authorized; 234,287,353 and 231,699,585 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 23,400,000 | |||||||||||||||||||||||||||||||
additional paid-in capital | 3,033,400,000 | 3,038,400,000 | 3,020,400,000 | 3,006,200,000 | 2,992,200,000 | 2,986,400,000 | 2,970,700,000 | 2,959,400,000 | 2,954,600,000 | 2,957,300,000 | 2,943,900,000 | 2,929,800,000 | 2,916,100,000 | 2,911,500,000 | 2,901,500,000 | 2,892,000,000 | 2,880,000,000 | 2,896,600,000 | 2,871,700,000 | 2,854,300,000 | 2,846,500,000 | 2,843,400,000 | 2,835,100,000 | 2,832,700,000 | 2,822,100,000 | 2,819,500,000 | 2,810,900,000 | 2,814,300,000 | 2,801,400,000 | 2,791,200,000 | 2,789,200,000 | 1,770,600,000 |
accumulated deficit | -910,300,000 | -897,700,000 | -875,300,000 | -926,700,000 | -984,000,000 | -985,900,000 | -1,098,800,000 | -1,132,500,000 | -1,146,000,000 | -1,117,200,000 | -1,187,000,000 | -1,153,100,000 | -1,158,200,000 | -1,081,800,000 | -1,111,600,000 | -1,135,500,000 | -1,232,700,000 | -1,278,200,000 | -1,424,000,000 | -1,492,700,000 | -1,545,400,000 | -1,528,200,000 | -1,500,900,000 | -1,463,600,000 | -1,362,800,000 | -1,297,000,000 | -1,300,100,000 | -1,311,800,000 | -1,318,100,000 | -1,298,400,000 | -1,302,200,000 | -1,253,500,000 |
accumulated other comprehensive loss | -194,200,000 | -208,600,000 | -210,800,000 | -199,100,000 | -254,900,000 | -268,600,000 | -192,400,000 | -210,900,000 | -206,700,000 | -185,400,000 | -208,600,000 | -178,000,000 | -201,600,000 | -191,000,000 | -235,100,000 | -193,500,000 | -132,200,000 | -193,000,000 | -234,200,000 | -217,300,000 | -217,500,000 | -242,700,000 | -310,300,000 | -361,400,000 | -396,800,000 | -242,800,000 | -298,100,000 | -236,200,000 | -174,600,000 | -154,400,000 | -98,800,000 | -91,100,000 |
total equity attributable to the company | 1,952,300,000 | 1,955,300,000 | 1,957,500,000 | 1,903,500,000 | 1,776,400,000 | 1,754,900,000 | 1,702,400,000 | 1,638,900,000 | 1,624,800,000 | 1,677,400,000 | 1,571,000,000 | 1,621,400,000 | 1,579,000,000 | 1,661,300,000 | 1,577,400,000 | 1,585,600,000 | 1,537,700,000 | 1,447,800,000 | 1,235,800,000 | 1,166,600,000 | 1,105,900,000 | 1,094,700,000 | 1,046,100,000 | 1,029,400,000 | 1,084,200,000 | |||||||
non-controlling interests | 400,000 | 500,000 | 500,000 | 600,000 | 500,000 | 500,000 | 600,000 | 600,000 | 600,000 | 600,000 | 500,000 | 600,000 | 500,000 | 800,000 | 700,000 | 800,000 | 800,000 | 800,000 | 800,000 | 900,000 | 900,000 | 900,000 | 800,000 | 400,000 | 200,000 | |||||||
total equity | 1,952,700,000 | 1,955,800,000 | 1,958,000,000 | 1,904,100,000 | 1,776,900,000 | 1,755,400,000 | 1,703,000,000 | 1,639,500,000 | 1,625,400,000 | 1,678,000,000 | 1,571,500,000 | 1,622,000,000 | 1,579,500,000 | 1,662,100,000 | 1,578,100,000 | 1,586,400,000 | 1,538,500,000 | 1,448,600,000 | 1,236,600,000 | 1,167,500,000 | 1,106,800,000 | 1,095,600,000 | 1,046,900,000 | 1,029,800,000 | 1,084,400,000 | 1,301,300,000 | 1,234,200,000 | 1,288,000,000 | 1,330,400,000 | 1,360,100,000 | 1,409,100,000 | 440,600,000 |
total liabilities and shareholders’ equity | 7,648,100,000 | 7,676,600,000 | 7,691,400,000 | 7,555,400,000 | 7,407,500,000 | 7,549,200,000 | 7,534,000,000 | 7,343,000,000 | 7,491,100,000 | 7,774,000,000 | ||||||||||||||||||||||
trade and other receivables, net of allowance of 93.2 and 88.7 as of december 31, 2025 and 2024, respectively | 1,515,500,000 | |||||||||||||||||||||||||||||||
income tax receivable | 52,300,000 | 89,400,000 | 83,600,000 | 121,000,000 | 62,100,000 | 65,500,000 | 67,500,000 | 86,400,000 | 67,100,000 | 113,700,000 | 144,800,000 | 62,000,000 | 55,400,000 | 31,300,000 | 35,400,000 | 32,000,000 | 30,000,000 | 39,700,000 | 41,000,000 | 40,900,000 | 43,500,000 | 35,000,000 | 36,600,000 | 35,400,000 | 39,000,000 | 43,700,000 | 39,500,000 | 38,000,000 | 41,100,000 | 11,000,000 | 11,400,000 | |
income tax payable | 29,000,000 | 75,000,000 | 63,900,000 | 31,400,000 | 19,800,000 | 30,700,000 | 27,600,000 | 19,900,000 | 20,800,000 | 7,000,000 | 55,400,000 | 6,900,000 | 33,100,000 | 26,900,000 | 55,400,000 | 136,900,000 | 105,100,000 | 45,100,000 | 10,300,000 | 35,300,000 | 45,100,000 | 35,300,000 | 40,100,000 | 44,100,000 | 59,600,000 | 93,900,000 | 87,700,000 | 60,100,000 | 43,200,000 | 8,900,000 | 13,000,000 | |
common shares, par value 0.10 per share, 800,000,000 shares authorized; 231,699,585 and 229,696,912 shares issued and outstanding as of december 31, 2025 and 2024, respectively | 23,200,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 91.7 and 88.7, as of september 30, 2025 and december 31, 2024, respectively | 1,434,200,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 231,604,548 and 229,696,912 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 23,200,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 89.8 and 88.7, as of june 30, 2025 and december 31, 2024, respectively | 1,394,700,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 231,472,077 and 229,696,912 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively | 23,100,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 89.0 and 88.7, as of march 31, 2025 and december 31, 2024, respectively | 1,307,200,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 231,281,053 and 229,696,912 shares issued and outstanding as of march 31, 2025 and december 31, 2024, respectively | 23,100,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 88.7 and 85.2 as of december 31, 2024 and 2023, respectively | 1,352,400,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 229,696,912 and 227,282,173 shares issued and outstanding as of december 31, 2024 and 2023, respectively | 23,000,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 89.4 and 85.2, as of september 30, 2024 and december 31, 2023, respectively | 1,278,100,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 229,420,978 and 227,282,173 shares issued and outstanding as of september 30, 2024 and december 31, 2023, respectively | 22,900,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 87.8 and 85.2, as of june 30, 2024 and december 31, 2023, respectively | 1,283,700,000 | |||||||||||||||||||||||||||||||
assets held for sale | 147,700,000 | |||||||||||||||||||||||||||||||
liabilities associated with assets held for sale | 23,000,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 229,191,378 and 227,282,173 shares issued and outstanding as of june 30, 2024 and december 31, 2023, respectively | 22,900,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 85.1 and 85.2, as of march 31, 2024 and december 31, 2023, respectively | 1,265,900,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 228,992,219 and 227,282,173 shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively | 22,900,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 85.2 and 88.2 as of december 31, 2023 and 2022, respectively | 1,468,000,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 227,282,173 and 225,780,535 shares issued and outstanding as of december 31, 2023 and 2022, respectively | 22,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 82.2 and 88.2, as of september 30, 2023 and december 31, 2022, respectively | 1,359,600,000 | |||||||||||||||||||||||||||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 227,185,389 and 225,780,535 shares issued and outstanding as of september 30, 2023 and december 31, 2022, respectively | 22,700,000 | |||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 7,582,400,000 | 7,640,100,000 | 7,621,700,000 | 7,949,300,000 | 7,621,600,000 | 7,733,800,000 | 7,756,100,000 | 7,890,400,000 | 7,476,300,000 | 7,256,000,000 | 7,130,800,000 | 7,337,900,000 | 7,128,400,000 | 7,076,200,000 | 6,619,400,000 | 7,163,400,000 | 6,654,400,000 | 6,758,900,000 | 6,707,500,000 | 6,546,000,000 | 6,432,400,000 | 5,846,700,000 | ||||||||||
trade and other receivables, net of allowance of 82.2 and 88.2, as of june 30, 2023 and december 31, 2022, respectively | 1,336,100,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 227,130,455 and 225,780,535 shares issued and outstanding as of june 30, 2023 and december 31, 2022, respectively | 22,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 86.0 and 88.2, as of march 31, 2023 and december 31, 2022, respectively | 1,326,500,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 227,047,977 and 225,780,535 shares issued and outstanding as of march 31, 2023 and december 31, 2022, respectively | 22,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 88.2 and 72.2 as of december 31, 2022 and 2021, respectively | 1,462,400,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 225,780,535 and 223,709,308 shares issued and outstanding as of december 31, 2022 and 2021, respectively | 22,600,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 80.2 million and 72.2 million, as of september 30, 2022 and december 31, 2021, respectively | 1,323,400,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 225,756,656 and 223,709,308 shares issued and outstanding as of september 30, 2022 and december 31, 2021, respectively | 22,600,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 79.8 million and 72.2 million, as of june 30, 2022 and december 31, 2021, respectively | 1,540,400,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 225,663,686 and 223,709,308 shares issued and outstanding as of june 30, 2022 and december 31, 2021, respectively | 22,600,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 78.2 million and 72.2 million, as of march 31, 2022 and december 31, 2021, respectively | 1,372,700,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 225,445,522 and 223,709,308 shares issued and outstanding as of march 31, 2022 and at december 31, 2021, respectively | 22,600,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 72.2 million and 70.9 million, as of december 31, 2021 and 2020, respectively | 1,446,000,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 800,000,000 shares authorized; 223,709,308 and 221,960,472 shares issued and outstanding at december 31, 2021 and 2020, respectively | 22,400,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 77.7 million and 70.9 million, as of september 30, 2021 and december 31, 2020, respectively | 1,284,800,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 223.4 and 222.0 shares issued and outstanding at september 30, 2021 and at december 31, 2020, respectively | 22,300,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 78.1 million and 70.9 million, as of june 30, 2021 and december 31, 2020, respectively | 1,186,600,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 223.3 and 222.0 shares issued and outstanding at june 30, 2021 and at december 31, 2020, respectively | 22,300,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance of 77.6 million and 70.9 million, as of march 31, 2021 and december 31, 2020, respectively | 1,161,200,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 222.9 and 222.0 shares issued and outstanding at march 31, 2021 and at december 31, 2020, respectively | 22,300,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 70.9 million and 58.4 million, as of december 31, 2020 and 2019, respectively | 1,301,600,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 222.0 shares issued and outstanding at december 31, 2020 and ordinary shares, nominal value 0.10 per share, 219.5 shares issued and outstanding at december 31, 2019 | 22,200,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 81.5 million and 58.4 million, as of september 30, 2020 and december 31, 2019, respectively | 1,210,500,000 | |||||||||||||||||||||||||||||||
prepaid expenses | 98,100,000 | 108,600,000 | ||||||||||||||||||||||||||||||
other current assets | 449,200,000 | 425,400,000 | ||||||||||||||||||||||||||||||
current operating lease liabilities | 112,100,000 | 111,700,000 | 114,100,000 | |||||||||||||||||||||||||||||
long-term tax liabilities | 29,400,000 | 29,200,000 | ||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 221.8 and 219.5 shares issued and outstanding at september 30, 2020 and at december 31, 2019, respectively | 22,200,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 74.1 million and 58.4 million, as of june 30, 2020 and december 31, 2019, respectively | 1,184,700,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 220.8 and 219.5 shares issued and outstanding at june 30, 2020 and at december 31, 2019, respectively | 22,100,000 | |||||||||||||||||||||||||||||||
treasury stock | -400,000 | -400,000 | -400,000 | -400,000 | ||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 63.1 million and 58.4 million, as of march 31, 2020 and december 31, 2019, respectively | 1,244,600,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 220.5 and 219.5 shares issued and outstanding at march 31, 2020 and at december 31, 2019, respectively | 22,100,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 58.4 million and 49.5 million,as of december 31, 2019 and 2018, respectively | 1,524,200,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 219.5 shares issued and outstanding at december 31, 2019 and ordinary shares nominal value 0.10 per share, 216.6 shares issued and outstanding at december 31, 2018 | 22,000,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 56.7 million and 49.5 million, as of september 30, 2019 and december 31, 2018, respectively | 1,352,000,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 219.0 and 216.6 shares issued and outstanding at september 30, 2019 and at december 31, 2018, respectively | 21,900,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 57.5 million and 49.5 million, as of june 30, 2019 and december 31, 2018, respectively | 1,362,400,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 217.0 and 216.6 shares issued and outstanding at june 30, 2019 and at december 31, 2018, respectively | 21,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 51.2 million and 49.5 million,as of march 31, 2019 and december 31, 2018, respectively | 1,370,900,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 216.7 and 216.6 shares issued and outstanding at march 31, 2019 and at december 31, 2018, respectively | 21,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 49.5 million and 35.3 million,as of december 31, 2018 and 2017, respectively | 1,463,500,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 216.6 shares issued and outstanding at december 31, 2018 and ordinary shares nominal value 10.00 per share, 145.1 shares issued and outstanding at december 31, 2017 | 21,700,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 42.4 million and 35.3 million,as of september 30, 2018 and december 31, 2017, respectively | 1,299,900,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 208.7 issued and outstanding at september 30, 2018 and ordinary shares nominal value 10.00 per share, 145.1 shares issued and outstanding at december 31, 2017 | 20,900,000 | |||||||||||||||||||||||||||||||
trade and other receivables, net of allowance balance of 44.1 million and 35.3 million,as of june 30, 2018 and december 31, 2017, respectively | 1,345,900,000 | |||||||||||||||||||||||||||||||
ordinary shares, nominal value 0.10 per share, 145.8 issued and outstanding at june 30, 2018 and ordinary shares nominal value 10.00 per share, 145.1 shares issued and outstanding at december 31, 2017 | 14,600,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||
net income | -12,600,000 | -22,400,000 | 51,400,000 | 57,300,000 | 1,900,000 | 112,900,000 | 69,800,000 | -33,900,000 | 5,100,000 | -76,400,000 | 29,800,000 | 23,900,000 | 97,200,000 | 45,500,000 | 145,800,000 | 68,700,000 | |||||||||||||||
reconciliation of net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
depreciation and amortization | 25,300,000 | 25,500,000 | 25,800,000 | 26,200,000 | 26,700,000 | 29,600,000 | 28,900,000 | 31,200,000 | 32,500,000 | 36,800,000 | 36,200,000 | 35,700,000 | 36,900,000 | 32,700,000 | 33,900,000 | 39,700,000 | 40,600,000 | 43,800,000 | 42,700,000 | 42,500,000 | 43,100,000 | 52,100,000 | 64,900,000 | 74,600,000 | 72,000,000 | 73,900,000 | 75,000,000 | 74,300,000 | 73,500,000 | 77,000,000 | 71,600,000 |
impairment charges | 0 | 0 | 0 | 6,500,000 | 0 | 2,600,000 | 100,000 | 1,100,000 | 9,100,000 | 2,400,000 | 300,000 | 1,800,000 | 0 | 100,000 | 2,000,000 | 2,500,000 | 6,700,000 | 7,100,000 | -100,000 | 400,000 | 0 | 2,800,000 | 8,300,000 | 0 | 0 | 3,900,000 | |||||
unrealized foreign exchange loss | 2,500,000 | 200,000 | -2,400,000 | 1,300,000 | 9,000,000 | -3,300,000 | -4,100,000 | -5,600,000 | 1,500,000 | 100,000 | -1,100,000 | -10,100,000 | 5,800,000 | -4,700,000 | 600,000 | -1,800,000 | |||||||||||||||
stock-based compensation | 16,300,000 | 14,100,000 | 14,000,000 | 14,100,000 | 16,000,000 | 13,300,000 | 10,400,000 | 5,500,000 | 6,400,000 | 14,200,000 | 14,600,000 | 14,000,000 | 11,300,000 | 10,100,000 | 9,700,000 | 11,800,000 | 8,700,000 | 22,600,000 | 17,800,000 | 10,600,000 | 7,200,000 | 7,700,000 | 9,500,000 | 12,900,000 | 11,900,000 | 15,100,000 | 16,200,000 | 15,500,000 | 14,500,000 | 32,200,000 | 24,100,000 |
lease amortization | 22,200,000 | 21,900,000 | 21,200,000 | 21,700,000 | 21,700,000 | 18,600,000 | 22,500,000 | 23,400,000 | 22,000,000 | 26,200,000 | 23,100,000 | 23,800,000 | 24,700,000 | 29,200,000 | 23,200,000 | 24,700,000 | 25,100,000 | 26,900,000 | 26,300,000 | 24,000,000 | 27,000,000 | 33,200,000 | 29,200,000 | 28,000,000 | 27,800,000 | 33,000,000 | 28,700,000 | 28,400,000 | 27,800,000 | ||
amortization of debt issuance costs | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,800,000 | 2,200,000 | 1,500,000 | 1,700,000 | 1,900,000 | 1,900,000 | 2,000,000 | 4,400,000 | 1,700,000 | 1,100,000 | 2,400,000 | 2,400,000 | 2,300,000 | 2,400,000 | 2,300,000 | 2,600,000 | 2,400,000 | 1,800,000 | 3,200,000 | 900,000 | 1,200,000 | 1,300,000 | 1,000,000 | 2,100,000 | 2,600,000 |
loss (earnings) from equity method investments, net of distributions received | 10,100,000 | ||||||||||||||||||||||||||||||
change in deferred taxes | -49,600,000 | 11,200,000 | -24,700,000 | -66,200,000 | 34,700,000 | -5,200,000 | 7,200,000 | -38,200,000 | 8,100,000 | -63,400,000 | 17,100,000 | -7,600,000 | 3,500,000 | 60,900,000 | -7,600,000 | -26,300,000 | -12,400,000 | -45,700,000 | -24,300,000 | 39,100,000 | -25,400,000 | 80,000,000 | -18,500,000 | -9,700,000 | -34,000,000 | 90,700,000 | -39,100,000 | -24,900,000 | -76,500,000 | 3,300,000 | -38,100,000 |
provision for loss on receivables and other assets | 4,800,000 | 14,100,000 | 5,500,000 | -200,000 | 2,800,000 | 10,100,000 | 3,000,000 | 5,300,000 | 2,400,000 | 5,800,000 | 3,000,000 | -100,000 | 1,900,000 | 13,900,000 | 7,900,000 | 5,000,000 | 4,900,000 | 9,200,000 | 7,400,000 | 8,900,000 | 12,500,000 | ||||||||||
unrealized loss on investments | 1,100,000 | ||||||||||||||||||||||||||||||
other operating activities | 25,400,000 | -10,300,000 | -4,600,000 | -7,000,000 | -8,400,000 | -4,800,000 | -5,900,000 | -10,700,000 | -5,200,000 | 700,000 | 6,600,000 | 7,800,000 | 1,600,000 | 4,100,000 | -700,000 | -24,600,000 | 17,800,000 | ||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||
trade and other receivables | 54,500,000 | -81,600,000 | -88,000,000 | -60,300,000 | 90,000,000 | -140,300,000 | -53,800,000 | -22,600,000 | 138,000,000 | -88,000,000 | 36,100,000 | -3,900,000 | 118,300,000 | -111,200,000 | -28,100,000 | -176,000,000 | 16,400,000 | -156,700,000 | -108,200,000 | -61,800,000 | 114,200,000 | -79,100,000 | -21,700,000 | 64,700,000 | 227,600,000 | -160,100,000 | -21,200,000 | 13,900,000 | 128,500,000 | -232,200,000 | 32,300,000 |
income taxes payable, net of income taxes receivable | 28,400,000 | ||||||||||||||||||||||||||||||
short-term contract assets and prepaid expenses and other current assets | -108,300,000 | 16,600,000 | 60,000,000 | 28,000,000 | -74,400,000 | 3,100,000 | 20,500,000 | 29,200,000 | -32,000,000 | 36,800,000 | 55,200,000 | 36,900,000 | -56,100,000 | -12,600,000 | 56,800,000 | -68,800,000 | -78,100,000 | -28,700,000 | -9,200,000 | -27,600,000 | -39,700,000 | ||||||||||
other non-current assets | -38,600,000 | -8,800,000 | -45,000,000 | -28,300,000 | -39,100,000 | -43,900,000 | 10,900,000 | 20,800,000 | -45,800,000 | 7,900,000 | 6,100,000 | -17,000,000 | -21,700,000 | 93,600,000 | -29,300,000 | 3,500,000 | -98,400,000 | -26,900,000 | -3,500,000 | -18,300,000 | -14,800,000 | -17,300,000 | 16,600,000 | -7,900,000 | 4,300,000 | -4,800,000 | 23,600,000 | 18,900,000 | -5,300,000 | 15,800,000 | 62,700,000 |
accounts payable and accrued expenses | -63,500,000 | 54,200,000 | 53,600,000 | 28,900,000 | -28,000,000 | 73,000,000 | 22,800,000 | -24,000,000 | -55,000,000 | 32,000,000 | -9,200,000 | -3,100,000 | -69,100,000 | 99,500,000 | 12,500,000 | 20,300,000 | -7,200,000 | 85,100,000 | 53,000,000 | 5,600,000 | -12,600,000 | -9,200,000 | -13,900,000 | -23,700,000 | -109,400,000 | 167,000,000 | -13,200,000 | 22,200,000 | -116,000,000 | 85,500,000 | 7,800,000 |
accrued compensation | -147,100,000 | 124,300,000 | 159,300,000 | -28,000,000 | -148,900,000 | 120,500,000 | 121,200,000 | -30,400,000 | -137,000,000 | 97,200,000 | 62,800,000 | -68,800,000 | -158,900,000 | 51,000,000 | -7,400,000 | 45,500,000 | -130,500,000 | 131,100,000 | 85,400,000 | 75,100,000 | -64,500,000 | 115,700,000 | 67,900,000 | -86,400,000 | -280,800,000 | 212,400,000 | 51,800,000 | 43,200,000 | -243,900,000 | 184,900,000 | 40,400,000 |
other current and non-current liabilities | -16,400,000 | -35,300,000 | -12,200,000 | -50,800,000 | -7,800,000 | -72,600,000 | -15,300,000 | -24,100,000 | -3,900,000 | -37,000,000 | -16,100,000 | -7,700,000 | -23,100,000 | -41,700,000 | -41,100,000 | 7,800,000 | -19,200,000 | -9,600,000 | -32,900,000 | -25,200,000 | -36,600,000 | -51,500,000 | -20,000,000 | -23,200,000 | -22,500,000 | -53,100,000 | -41,400,000 | -33,000,000 | -37,300,000 | -177,500,000 | -22,500,000 |
net cash from operating activities | -243,500,000 | 257,300,000 | 235,500,000 | 9,600,000 | -162,000,000 | 115,200,000 | 196,100,000 | 21,800,000 | -125,100,000 | 202,400,000 | 188,100,000 | -16,800,000 | -221,500,000 | 243,700,000 | 51,700,000 | -88,100,000 | -158,200,000 | 299,200,000 | 163,400,000 | 103,300,000 | -16,400,000 | 184,300,000 | 77,400,000 | -50,000,000 | -249,900,000 | 369,900,000 | 57,700,000 | 56,600,000 | -214,900,000 | 37,900,000 | 139,300,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -243,500,000 | 257,300,000 | 235,500,000 | 9,600,000 | -162,000,000 | 115,200,000 | 196,100,000 | 21,800,000 | -125,100,000 | 202,400,000 | 188,100,000 | -16,800,000 | -221,500,000 | 243,700,000 | 51,700,000 | -88,100,000 | -158,200,000 | 299,200,000 | 163,400,000 | 103,300,000 | -16,400,000 | 184,300,000 | 77,400,000 | -50,000,000 | -249,900,000 | 369,900,000 | 57,700,000 | 56,600,000 | -214,900,000 | 37,900,000 | 139,300,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||
payment for property and equipment | -12,200,000 | -23,000,000 | -10,500,000 | -9,300,000 | -4,600,000 | -9,300,000 | -9,400,000 | -11,800,000 | -10,500,000 | -16,200,000 | -14,200,000 | -10,600,000 | -10,000,000 | -6,300,000 | -13,900,000 | -11,600,000 | -18,900,000 | -22,000,000 | -10,900,000 | -8,000,000 | -12,900,000 | -14,100,000 | -9,100,000 | -8,000,000 | -9,800,000 | -32,900,000 | -17,100,000 | -16,600,000 | -13,700,000 | -22,700,000 | -30,200,000 |
acquisition of business, net of cash acquired | |||||||||||||||||||||||||||||||
investments in equity securities | -1,100,000 | -400,000 | -500,000 | -900,000 | -7,100,000 | -5,400,000 | -4,700,000 | -15,900,000 | -700,000 | -3,300,000 | 700,000 | -11,300,000 | -600,000 | -2,200,000 | -1,500,000 | -1,100,000 | |||||||||||||||
return of beneficial interest in a securitization | -120,000,000 | -250,000,000 | -150,000,000 | -130,000,000 | -100,000,000 | -125,000,000 | -180,000,000 | -100,000,000 | -100,000,000 | -120,000,000 | -170,000,000 | 0 | 0 | 0 | 0 | ||||||||||||||||
collection on beneficial interest in a securitization | 225,000,000 | 270,000,000 | 100,000,000 | 150,000,000 | 130,000,000 | 100,000,000 | 125,000,000 | 180,000,000 | 100,000,000 | 100,000,000 | 120,000,000 | 120,000,000 | 90,000,000 | 0 | 0 | 0 | 80,000,000 | ||||||||||||||
other investing activities | 2,400,000 | -200,000 | 900,000 | 700,000 | 7,200,000 | 200,000 | 1,000,000 | 0 | 100,000 | 5,300,000 | 0 | 3,400,000 | -1,900,000 | -1,900,000 | 500,000 | -100,000 | -9,300,000 | -1,000,000 | 0 | -700,000 | 0 | -7,800,000 | -4,700,000 | -100,000 | |||||||
net cash from investing activities | 94,100,000 | 7,900,000 | -60,100,000 | 10,500,000 | 20,600,000 | -33,100,000 | 57,400,000 | 67,700,000 | -10,800,000 | -31,300,000 | -65,200,000 | 72,100,000 | 73,300,000 | -13,000,000 | -110,300,000 | -33,700,000 | 36,300,000 | -691,700,000 | -16,300,000 | -12,700,000 | -28,800,000 | -21,000,000 | -13,100,000 | -92,300,000 | -131,400,000 | 44,500,000 | -19,200,000 | -24,300,000 | -275,900,000 | -42,700,000 | -138,400,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||||
shares repurchased for payment of employee taxes on stock awards | -22,200,000 | -300,000 | -500,000 | -200,000 | -10,200,000 | -200,000 | -500,000 | -600,000 | -9,100,000 | -400,000 | -300,000 | -200,000 | -7,200,000 | -100,000 | -500,000 | -400,000 | -26,200,000 | -100,000 | -900,000 | -2,800,000 | -4,800,000 | -100,000 | -7,500,000 | -2,400,000 | -8,900,000 | -6,600,000 | -19,400,000 | -2,700,000 | -3,100,000 | -8,500,000 | -4,600,000 |
payment of deferred and contingent consideration | -200,000 | -6,700,000 | -800,000 | -5,400,000 | -100,000 | -200,000 | -3,600,000 | -12,400,000 | -1,900,000 | -700,000 | -1,200,000 | -6,100,000 | -6,500,000 | -6,700,000 | |||||||||||||||||
repayment of borrowings | -100,000,000 | -150,000,000 | -25,000,000 | -25,000,000 | -50,400,000 | -50,000,000 | -45,000,000 | -55,000,000 | -2,500,000 | -1,402,500,000 | 0 | -1,000,000,000 | -6,700,000 | -6,700,000 | -6,600,000 | -6,700,000 | -6,700,000 | -6,700,000 | -6,600,000 | -6,700,000 | -6,700,000 | -6,600,000 | -6,700,000 | -6,600,000 | -6,900,000 | -6,800,000 | -7,100,000 | -3,072,100,000 | |||
payment of finance lease liabilities | -5,700,000 | -6,200,000 | -6,600,000 | -6,900,000 | -6,400,000 | -7,700,000 | -5,000,000 | -8,600,000 | -6,900,000 | -9,400,000 | -6,200,000 | -6,300,000 | -7,300,000 | -5,000,000 | -4,600,000 | -3,800,000 | -3,900,000 | -3,800,000 | -3,300,000 | -3,000,000 | -3,300,000 | -4,100,000 | -3,100,000 | -3,200,000 | -3,600,000 | -2,300,000 | -3,200,000 | -3,200,000 | -2,800,000 | -2,000,000 | -1,300,000 |
other financing activities | -4,200,000 | 2,400,000 | 1,200,000 | 400,000 | 2,600,000 | 2,100,000 | -1,000,000 | 0 | 400,000 | 1,700,000 | 200,000 | 300,000 | 1,400,000 | 1,000,000 | 2,300,000 | 3,300,000 | -400,000 | 1,200,000 | 2,800,000 | 600,000 | 1,400,000 | -300,000 | -2,400,000 | -100,000 | -500,000 | 700,000 | -400,000 | -2,400,000 | |||
net cash from financing activities | -28,100,000 | -117,400,000 | -155,500,000 | -36,300,000 | -41,300,000 | -55,900,000 | -57,000,000 | -67,600,000 | -72,900,000 | -13,700,000 | -52,100,000 | -12,200,000 | -42,800,000 | -18,300,000 | -15,700,000 | -9,400,000 | -35,900,000 | -28,700,000 | -9,500,000 | -14,000,000 | -13,600,000 | -9,600,000 | -20,700,000 | 626,100,000 | -23,900,000 | -18,700,000 | -39,000,000 | -19,900,000 | -12,000,000 | -18,300,000 | 563,100,000 |
change in cash, cash equivalents and restricted cash | -177,500,000 | 147,800,000 | 19,900,000 | -16,200,000 | -182,700,000 | 26,200,000 | 196,500,000 | 21,900,000 | -208,800,000 | 157,400,000 | 70,800,000 | 43,100,000 | -191,000,000 | 212,400,000 | -74,300,000 | -131,200,000 | -157,800,000 | -421,200,000 | 137,600,000 | 76,600,000 | -58,800,000 | 153,700,000 | 43,600,000 | 483,800,000 | -405,200,000 | 395,700,000 | -500,000 | 12,400,000 | -502,800,000 | -23,100,000 | 564,000,000 |
cash, cash equivalents and restricted cash, beginning of the period | 803,500,000 | 0 | 0 | 814,600,000 | 0 | 0 | 801,200,000 | 0 | 0 | 719,000,000 | 0 | 0 | 890,300,000 | 0 | 0 | 1,164,100,000 | 0 | 0 | 872,300,000 | 0 | 0 | 965,400,000 | 0 | ||||||||
effects of exchange rate fluctuations on cash, cash equivalents and restricted cash | -6,500,000 | -5,100,000 | -5,100,000 | 22,000,000 | 8,300,000 | -24,500,000 | 11,500,000 | -2,800,000 | -6,600,000 | 8,500,000 | -8,300,000 | -800,000 | 2,500,000 | 16,800,000 | -18,600,000 | -14,300,000 | -4,300,000 | -1,700,000 | -4,100,000 | 1,300,000 | -3,500,000 | 15,300,000 | 9,000,000 | 8,100,000 | -16,500,000 | 7,100,000 | -6,500,000 | 800,000 | 700,000 | -8,700,000 | -1,400,000 |
cash, cash equivalents and restricted cash, end of the period | 619,500,000 | 14,800,000 | 5,800,000 | 640,200,000 | 208,000,000 | 19,100,000 | 585,800,000 | 62,500,000 | 42,300,000 | 530,500,000 | -92,900,000 | -145,500,000 | 728,200,000 | 133,500,000 | 77,900,000 | 1,101,800,000 | 52,600,000 | 491,900,000 | 450,600,000 | -7,000,000 | 13,200,000 | 463,300,000 | 562,600,000 | ||||||||
loss on debt extinguishment | 1,600,000 | 0 | 10,600,000 | 0 | 8,700,000 | 0 | |||||||||||||||||||||||||
earnings from equity method investments, net of distributions received | 5,300,000 | -11,100,000 | -5,300,000 | -8,100,000 | 2,400,000 | -7,700,000 | |||||||||||||||||||||||||
impairment of equity method investment | |||||||||||||||||||||||||||||||
loss on disposition of business | |||||||||||||||||||||||||||||||
income taxes payable | -17,100,000 | 4,800,000 | 70,700,000 | -47,500,000 | -8,500,000 | 4,900,000 | 26,000,000 | -20,300,000 | 50,800,000 | -17,500,000 | -35,000,000 | -32,400,000 | -17,400,000 | -24,600,000 | -84,500,000 | 30,400,000 | 85,900,000 | 35,400,000 | -15,400,000 | -14,400,000 | -11,300,000 | -3,200,000 | -4,900,000 | -14,900,000 | -14,300,000 | 1,100,000 | 18,400,000 | 21,800,000 | 4,600,000 | -3,200,000 | |
proceeds from disposition of business or other investments | |||||||||||||||||||||||||||||||
proceeds from borrowings | 0 | 1,400,000,000 | 0 | 1,000,000,000 | |||||||||||||||||||||||||||
debt issuance costs | 300,000 | -41,900,000 | 0 | -23,500,000 | 0 | 0 | -11,600,000 | -11,100,000 | 0 | -22,600,000 | |||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of the year | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of the year | |||||||||||||||||||||||||||||||
unrealized foreign exchange gain | -1,900,000 | 2,500,000 | -2,500,000 | 1,900,000 | |||||||||||||||||||||||||||
unrealized loss on equity securities | 300,000 | -300,000 | 700,000 | 0 | -900,000 | 700,000 | 1,000,000 | 4,900,000 | 4,000,000 | 8,200,000 | 10,700,000 | 1,900,000 | 33,500,000 | ||||||||||||||||||
gain from insurance proceeds | |||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired | 0 | 0 | -4,900,000 | -1,200,000 | -12,400,000 | -15,300,000 | -3,900,000 | -5,800,000 | -6,200,000 | 0 | 0 | -102,500,000 | -7,400,000 | 0 | -6,300,000 | -262,200,000 | -13,300,000 | ||||||||||||||
proceeds from disposition of business | 1,200,000 | ||||||||||||||||||||||||||||||
loss on disposal of business | -1,200,000 | 4,500,000 | 0 | -100,000 | 100,000 | 1,300,000 | -800,000 | 0 | 200,000 | 13,800,000 | |||||||||||||||||||||
investments in equity securities and equity method joint ventures | -200,000 | -600,000 | -500,000 | -400,000 | -400,000 | -1,000,000 | -700,000 | -4,800,000 | -3,600,000 | -4,500,000 | -6,700,000 | -11,600,000 | |||||||||||||||||||
net loss | 13,500,000 | -28,800,000 | -17,200,000 | -37,300,000 | -100,800,000 | -55,100,000 | 11,700,000 | 6,300,000 | -20,900,000 | -12,900,000 | -48,700,000 | ||||||||||||||||||||
reconciliation of net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||
earnings from equity method investments, net of dividends received | -12,300,000 | -2,600,000 | -7,800,000 | -14,300,000 | -9,200,000 | -9,400,000 | -12,500,000 | ||||||||||||||||||||||||
proceeds from senior secured notes | 0 | 0 | |||||||||||||||||||||||||||||
payment of contingent consideration | 0 | -100,000 | -20,400,000 | -1,900,000 | -1,500,000 | -4,100,000 | -900,000 | -9,700,000 | 0 | -14,500,000 | |||||||||||||||||||||
net proceeds from issuance of shares | 200,000 | 0 | 0 | 200,000 | |||||||||||||||||||||||||||
other non-cash operating activities | -1,900,000 | -17,700,000 | -6,100,000 | -20,600,000 | -10,800,000 | 3,800,000 | -36,900,000 | 1,100,000 | -6,500,000 | -11,600,000 | 200,000 | -100,000 | -11,400,000 | ||||||||||||||||||
short-term contract assets and prepaid and other current assets | |||||||||||||||||||||||||||||||
proceeds from long-term borrowings | 0 | 2,686,500,000 | |||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriting | 0 | ||||||||||||||||||||||||||||||
proceeds from private placement | 0 | ||||||||||||||||||||||||||||||
payments of initial offering and private placement costs | -300,000 | ||||||||||||||||||||||||||||||
bad debt expense | 8,600,000 | 13,600,000 | 4,300,000 | 3,900,000 | 9,400,000 | 2,800,000 | 6,000,000 | 9,300,000 | 1,200,000 | ||||||||||||||||||||||
prepaid expenses and other current assets | 4,400,000 | 17,300,000 | -56,000,000 | -2,500,000 | -41,100,000 | -119,100,000 | 7,800,000 | 42,600,000 | -28,100,000 | ||||||||||||||||||||||
proceeds from sale of property and equipment | 100,000 | ||||||||||||||||||||||||||||||
gain on pension curtailment | |||||||||||||||||||||||||||||||
proceeds from sale of property, plant and equipment | 200,000 | ||||||||||||||||||||||||||||||
fees incurred in conjunction with debt modification | |||||||||||||||||||||||||||||||
sale of business, net of cash acquired | |||||||||||||||||||||||||||||||
acquisition of non-controlling interests |
