|
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
|
12 Months Ended |
|
Jan. 31, 2014
|
Jan. 31, 2013
|
Jan. 31, 2012
|
| Operating Activities |
|
|
|
| Net income |
$ 228.8 |
$ 247.4 |
$ 285.3 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation, amortization and accretion |
128.9 |
127.8 |
115.5 |
| Stock-based compensation expense |
132.2 |
156.3 |
108.8 |
| Excess tax benefits from stock-based compensation |
(9.1) |
(12.9) |
(31.5) |
| Restructuring charges (benefits), net |
12.8 |
43.9 |
(1.3) |
| Other operating activities |
(16.1) |
6.7 |
(0.3) |
| Changes in operating assets and liabilities, net of business combinations: |
|
|
|
| Accounts receivable |
72.3 |
(98.1) |
(71.8) |
| Deferred income taxes |
(49.4) |
(28.3) |
(33.8) |
| Prepaid expenses and other current assets |
(20.3) |
0.1 |
17.7 |
| Accounts payable and accrued liabilities |
(19.6) |
(28.3) |
2.9 |
| Deferred revenue |
66.0 |
113.3 |
129.6 |
| Accrued income taxes |
37.0 |
31.2 |
52.4 |
| Net cash provided by operating activities |
563.5 |
559.1 |
573.5 |
| Investing Activities |
|
|
|
| Purchases of marketable securities |
(1,214.2) |
(1,397.7) |
(614.2) |
| Sales of marketable securities |
537.0 |
332.9 |
149.5 |
| Maturities of marketable securities |
742.1 |
764.8 |
409.6 |
| Acquisitions, net of cash acquired |
(176.1) |
(263.7) |
(221.7) |
| Capital expenditures |
(64.2) |
(56.4) |
(63.0) |
| Other investing activities |
(18.6) |
(27.1) |
(30.5) |
| Net cash used in investing activities |
(194.0) |
(647.2) |
(370.3) |
| Financing Activities |
|
|
|
| Proceeds from issuance of common stock, net of issuance costs |
288.2 |
220.2 |
176.1 |
| Repurchase and retirement of common shares |
(423.8) |
(431.2) |
(327.4) |
| Draws on line of credit |
0 |
110.0 |
0 |
| Proceeds from debt, net of discount |
0 |
745.6 |
0 |
| Repayments of line of credit |
0 |
(110.0) |
0 |
| Excess tax benefits from stock-based compensation |
9.1 |
12.9 |
31.5 |
| Other financing activities |
0 |
(6.1) |
0 |
| Net cash (used in) provided by financing activities |
(126.5) |
541.4 |
(119.8) |
| Effect of exchange rate changes on cash and cash equivalents |
(2.2) |
2.0 |
(1.6) |
| Net increase in cash and cash equivalents |
240.8 |
455.3 |
81.8 |
| Cash and cash equivalents at beginning of fiscal year |
1,612.2 |
1,156.9 |
1,075.1 |
| Cash and cash equivalents at end of fiscal year |
1,853.0 |
1,612.2 |
1,156.9 |
| Supplemental cash flow information: |
|
|
|
| Cash paid during the year for interest |
20.5 |
0.4 |
0 |
| Net cash paid during the year for income taxes |
$ 75.7 |
$ 59.7 |
$ 63.0 |