| Net income |
842M |
| Depreciation and amortization |
92M |
| Amortization of acquired intangible assets |
86M |
| Deferred income taxes |
-8M |
| Loss on disposal of property |
| Gains on money market funds and client guarantees |
| Loss on debt refinancing |
| Stock-based compensation |
34M |
| Excess tax benefits on stock-based compensation |
-16M |
| Other, net |
| Cash and investments segregated in compliance with federal regulations |
| Receivable from brokers, dealers and clearing organizations |
-328M |
| Receivable from clients, net |
829M |
| Receivable from/payable to affiliates, net |
-11M |
| Other receivables, net |
-16M |
| Securities owned |
94M |
| Other assets |
-17M |
| Payable to brokers, dealers and clearing organizations |
-667M |
| Payable to clients |
| Accounts payable and accrued liabilities |
| Deferred revenue |
| Net cash provided by operating activities |
1.47B |
| Purchase of property and equipment |
-105M |
| Cash received in sale of business |
| Cash transferred in disposal of subsidiary |
| Purchase of short-term investments |
-605M |
| Proceeds from sale and maturity of short-term investments |
| Proceeds from redemption of money market funds |
| Purchase of investments |
| Other, net |
0 |
| Net cash used in investing activities |
-863M |
| Proceeds from issuance of long-term debt |
0 |
| Payment of debt issuance costs |
0 |
| Principal payments on long-term debt |
0 |
| Principal payments on capital lease obligations |
| Proceeds from exercise of stock options; Nine months ended June 30, 2011 - 628,293 shares; 2010 - 3,362,788 shares |
0 |
| Purchase of treasury stock; Nine months ended June 30, 2011 - 7,068,892 shares; 2010 - 14,228,369 shares |
-352M |
| Return of prepayment on structured stock repurchase |
| Payment of cash dividends |
-362M |
| Excess tax benefits on stock-based compensation |
16M |
| Net cash used in financing activities |
-728M |
| Effect of exchange rate changes on cash and cash equivalents |
| Net increase (decrease) in cash and cash equivalents |
-123M |
| Cash and cash equivalents at beginning of period |
1.98B |
| Cash and cash equivalents at end of period |
1.86B |
| Interest paid |
54M |
| Income taxes paid |
519M |
| Tax benefit on exercises and distributions of stock-based compensation |
| Issuance of capital lease obligations |
| Settlement of structured stock repurchase; 3,159,360 shares |
