STIFEL FINANCIAL CORP SF Cash Flow

Stifel financial corp (SF)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows From Operating Activities:
Net income
437,136	449,986	433,380	427,116	404,646	393,968	277,918	240,596	206,120	182,871	211,739	163,017	119,977	81,520	65,812	65,177	76,294	92,336	126,345	149,069	171,782	176,067	0	0	0	-	-	-	-	138,573	125,635	110,229	87,509	84,134	98,512	-8,128	9,565	1,907	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
37,488	38,400	36,327	34,843	31,526	27,900	26,027	29,318	30,142	32,500	38,195	38,192	41,540	43,147	41,257	43,420	39,392	36,715	34,939	29,873	30,119	29,280	30,553	31,684	41,093	33,988	33,270	32,111	22,884	30,066	31,101	30,762	29,850	28,267	0	0	0	-	-	0	0
Amortization of loans and advances to financial advisors and other employees
101,186	95,053	92,877	90,088	87,829	85,374	83,984	85,788	87,124	91,594	111,101	108,033	99,370	94,754	56,430	58,300	57,139	53,913	65,979	60,847	64,210	64,735	65,847	66,506	81,208	64,930	62,828	59,961	43,231	57,147	56,348	55,569	55,586	55,923	56,938	55,178	52,329	50,162	0	0	0
Amortization of premium on investment portfolio
-31,712	-34,229	-33,280	-28,913	-28,388	-25,307	-23,303	-21,350	-17,653	-15,837	-14,945	-13,567	-14,466	-12,258	-8,754	-5,183	-3,180	-2,750	-4,019	-4,951	-6,079	-5,847	-7,138	-9,871	-9,283	-8,321	-10,506	-11,056	-13,264	-16,153	-14,796	-13,408	-12,066	-12,782	-12,404	-11,378	-10,265	-8,552	0	0	0
Provision for loan losses and allowance for loans and advances to financial advisors and other employees
28,649	11,007	11,458	17,844	18,554	19,601	20,940	21,785	22,384	25,985	25,416	22,009	19,481	17,793	20,587	16,880	17,065	14,694	8,390	9,414	10,026	9,713	11,055	11,859	12,503	10,618	8,167	5,291	2,503	3,457	0	0	0	-	-	-	289	123	0	0	0
Amortization of intangible assets
17,400	16,000	14,900	14,000	13,462	12,600	11,708	11,554	11,857	12,100	12,961	12,665	14,434	14,427	15,029	14,758	11,455	10,423	8,556	7,835	7,827	12,366	17,748	17,508	18,610	12,131	5,328	5,202	3,568	4,896	5,436	5,455	5,576	5,311	0	0	0	-	-	0	0
Deferred income taxes
8,133	-6,863	-37	8,202	-131	14,254	103,972	36,819	114,743	118,129	34,489	79,284	-7,044	46,062	11,902	32,122	17,778	-5,732	-16,899	-17,182	-3,050	-8,602	61,409	-10,496	17,513	-26,389	-79,040	709	14,019	45,519	55,859	67,460	33,927	25,764	30,150	-35,746	-27,386	-54,213	0	0	0
Tax deficit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-4,904	-8,087	-2,910	-1,242	14,741	18,669	15,104	14,694	19,858	19,792	19,913	28,941	12,018	12,658	12,678	4,292	16,722	14,185	14,646	14,838	24,863	28,395	27,939	27,267	17,487	0	0	0
Stock-based compensation
100,833	102,190	103,736	107,590	105,836	100,789	134,230	132,837	139,618	140,461	118,823	147,220	183,768	186,303	204,165	178,830	173,735	165,641	133,723	128,079	98,054	94,006	83,464	96,451	155,684	137,447	136,369	110,599	33,854	40,747	36,062	30,274	26,594	26,411	26,691	172,670	181,688	190,731	0	0	0
(Gains)/losses on sale of investments
-25,295	7,922	-11,059	-763	-17,722	-22,780	-10,971	-7,029	-2,984	2,359	1,005	203	722	-5,563	-2,833	-18,107	-18,750	-9,255	-11,018	-26	3,864	-22	-789	-7,754	-11,532	-13,319	4,526	38,184	37,478	45,434	27,335	83	2,758	-1,877	4,257	10,075	8,756	5,431	0	0	0
Other, net
37,589	38,554	-43,791	33,153	13,281	10,723	85,916	2,315	1,833	-3,037	-2,574	-5,923	-8,199	-4,676	8,958	5,283	12,301	13,159	7,510	14,632	12,181	9,778	-25,442	-1,751	-2,661	-3,640	23,468	135	127	-181	53	-47	-100	841	-1,328	3,405	4,386	3,622	0	0	0
Decrease/(increase) in operating assets, net of assets acquired:
Cash segregated for regulatory purposes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	282	112	90	45,343	-4,413	-4,410	-132,280	-128,142	-2,165	-2,166	125,707	125,536	-289	-287	-5,285	-5,982	0	0	0	-	-	-	-
Receivables:
Brokerage clients
-47,354	17,487	-70,532	-93,812	-56,004	-182,619	-75,177	-26,496	-59,047	-31,840	-201,139	-259,787	-310,803	-177,300	-741,407	-708,692	-728,319	-1,003,257	-33,994	-74,630	53,157	58,917	-26,081	-5,369	-94,893	-42,627	-4,521	15,469	81,434	72,220	7,964	-75,955	-84,724	-82,210	-22,550	-49,657	-70,854	-93,765	0	0	0
Brokers, dealers, and clearing organizations
12,493	8,655	26,112	94,023	43,390	56,467	310,207	313,400	-11,573	-566,454	-213,366	-214,804	-147,396	439,601	-86,124	-245,998	235,413	-82,960	-33,871	59,891	-91,149	263,391	97,231	-2,963	184,582	30,634	260,625	352,402	39,143	23,588	-46,527	-22,563	-111,161	-18,395	-1,562	113,339	-41,224	-63,132	0	0	0
Securities purchased under agreements to resell
109,066	314,892	-1,688	-30,531	100,968	-187,680	-164,026	-87,950	-350,154	-263,632	-160,508	-184,325	-110,902	-88,165	-209,360	-50,822	-9,334	-105,345	37,046	-20,735	95,651	169,997	42,669	-96,986	-135,570	-66,380	-26,218	31,525	-54,734	-83,240	-20,960	-59,063	110,275	48,162	15,071	-9,017	-78,132	1,237	0	0	0
Financial instruments owned, including those pledged
-373,328	-335,548	-5,523	42,253	83,761	123,765	97,229	213,772	122,958	217,386	-84,535	-24,077	28,055	175,602	340,110	145,963	164,313	-90,716	-196,776	-152,432	-192,187	-26,280	92,854	299,180	120,123	-70,053	-1,812,615	-1,936,182	-1,170,609	-1,517,458	-824,527	-897,313	-1,477,564	-1,013,515	-1,198,707	-966,130	-1,118,335	-1,104,317	0	0	0
Loans originated as held for sale
2,051,091	1,848,568	1,535,571	1,283,241	1,209,209	1,341,108	1,510,919	1,574,995	1,619,542	1,564,386	1,891,194	2,313,779	2,587,697	2,658,254	2,427,881	1,980,390	1,811,228	1,855,714	1,668,507	1,611,030	1,396,045	1,132,671	1,018,190	929,464	1,475,922	1,275,647	201,133	455,367	188,321	288,657	561,563	364,224	-35,594	43,467	-147,795	-62,339	-11,625	-25,316	0	0	0
Proceeds from mortgages held for sale
1,955,913	1,782,455	1,549,143	1,325,121	1,304,668	1,345,109	1,415,407	1,516,973	1,570,811	1,558,327	1,926,307	2,404,608	2,513,499	2,624,950	2,390,278	1,950,827	1,892,303	1,814,168	1,620,678	1,544,507	1,301,575	1,112,318	983,895	954,296	1,577,569	1,372,552	-1,481,022	-1,396,826	-1,246,405	-1,603,074	-593,823	-754,306	-1,651,374	-1,060,457	-1,236,826	-1,138,709	-1,080,685	-1,130,528	0	0	0
Loans and advances to financial advisors and other employees
200,984	210,646	196,193	187,679	161,538	116,921	93,388	76,284	55,941	72,215	77,869	78,175	89,286	92,830	180,426	186,522	201,869	187,234	96,192	90,056	77,003	79,216	63,598	77,515	84,839	71,857	70,348	53,816	38,757	63,948	69,512	66,581	57,600	46,426	106,003	87,038	68,348	46,376	0	0	0
Other assets
63,360	36,290	74,107	-2,738	-43,200	1,562	4,959	48,917	95,890	113,875	101,218	127,894	112,567	158,875	53,979	20,751	128	-100,670	25,658	15,757	1,398	2,509	-84,575	-66,031	-46,003	-79,662	-67,691	-51,787	-43,528	-8,476	-30,540	8,611	9,012	-14,842	47,436	17,987	8,322	-22,473	0	0	0
Increase/(decrease) in operating liabilities, net of liabilities assumed:
Brokerage clients
195,453	-210,712	279,395	67,864	-161,779	9,173	-119,675	-100,856	53,531	-13,808	-183,938	-142,884	-332,016	-158,408	507,509	514,407	745,127	678,926	104,596	126,123	5,017	2,554	-14,619	35,237	31,730	23,433	3,946	38,851	4,222	49,623	88,077	-19,126	85,311	33,244	23,310	50,102	-21,347	-2,241	0	0	0
Brokers, dealers, and clearing organizations
148,379	63,822	-140,135	-3,822	-13,447	-16,383	37,004	-32,243	-135,857	-79,905	44,261	-31,972	16,342	-62,105	5,461	45,253	96,133	98,301	6,533	2,655	-61,373	-8,198	15,894	13,463	55,496	3,976	2,615	33,267	-15,051	-1,492	10,754	-89,526	-16,345	-72,495	-122,824	66,847	-16,314	13,251	0	0	0
Drafts
-9,885	14,871	-6,824	27,031	24,453	-2,156	14,277	6,415	-7,258	12,592	17,453	-8,880	8,926	-89,406	-9,607	9,239	19,662	108,659	10,927	-8,970	-15,183	488	3,438	11,698	-20,376	-15,723	-8,246	-2,636	33,773	14,532	18,020	11,640	1,341	2,653	-62,510	612	-204	6,284	0	0	0
Financial instruments sold, but not yet purchased
-310,321	-284,510	-5,633	11,607	19,525	168,443	162,051	239,104	205,077	79,831	83,566	89,892	79,617	177,288	153,434	48,959	129,960	-65,521	-100,700	-118,617	-170,235	106,051	88,767	179,021	318,811	85,127	78,797	20,406	53,295	56,652	99,270	120,452	-98,399	65,296	803	38,002	-2,416	-77,230	0	0	0
Other liabilities and accrued expenses
56,385	38,631	-88,057	-148,889	-35,657	-21,579	-22,292	104,555	68,539	135,894	183,688	166,320	36,245	-3,500	-39,740	-207,845	-115,613	-193,151	-60,827	-23,617	-21,307	18,288	-100,588	-53,247	-199,339	48,988	-33,585	-36,099	51,308	-67,914	-42,541	-96,627	-38,048	-70,310	-24,754	39,695	19,116	54,295	0	0	0
Net cash used in operating activities
988,010	626,861	610,916	433,894	534,534	529,526	-263,381	-72,667	45,094	679,916	633,352	528,426	-116,826	-441,408	-261,835	56,592	155,090	-83,727	370,178	141,162	355,216	317,363	214,847	216,207	363,884	702,219	219,542	128,427	-74,450	-264,267	124,281	-180,109	107,898	45,414	58,180	40,627	-31,366	141,488	0	0	0
Cash Flows From Investing Activities:
Principal paydowns, sales, calls, and maturities of available-for-sale securities
1,516,401	1,224,619	1,515,193	1,196,083	1,207,857	1,244,434	899,400	723,354	917,039	985,520	1,113,600	1,020,119	571,055	403,951	153,911	242,750	825,912	866,899	1,009,771	1,182,134	691,075	698,895	602,288	373,973	515,868	435,827	552,900	648,796	466,405	530,120	472,783	565,840	647,229	654,958	694,214	524,434	348,303	309,646	0	0	0
Calls and principal paydowns of held-to-maturity securities
522,728	482,079	841,414	745,981	712,268	827,905	620,174	576,329	532,718	370,019	280,666	289,771	281,335	251,439	207,230	167,041	140,649	126,258	105,154	103,281	94,108	96,618	107,723	108,525	119,382	93,703	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sale or maturity of investments
0	-	-	-	-	24,445	27,790	32,139	36,003	28,839	31,954	22,667	29,608	40,175	45,976	40,558	42,440	65,320	65,109	77,603	86,764	60,428	64,272	74,867	99,764	90,265	94,630	94,979	89,565	105,077	86,544	85,262	75,188	76,263	100,945	117,757	105,320	105,703	0	0	0
Disposition of business
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Calls of held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131	0	0	0	-	-	-	-	-	258	453	776	929	0	0	0	-	-	-	-
Sale of bank foreclosed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in loans held for investment, net
1,606,927	1,208,817	861,295	1,128,500	1,144,166	1,079,546	983,633	1,208,904	1,236,188	1,374,959	1,842,652	2,001,057	2,403,811	2,462,405	1,964,246	1,193,480	655,311	517,563	575,219	667,280	763,340	668,354	472,509	439,456	344,147	249,018	312,266	269,616	154,648	180,115	178,004	233,898	261,522	243,592	205,958	109,726	55,124	55,214	0	0	0
Payments for:
Purchase of available-for-sale securities
841,375	239,965	457,660	345,755	458,267	550,162	564,993	802,249	1,283,929	1,583,369	1,674,033	2,019,759	1,823,297	1,961,419	2,628,950	1,919,442	1,521,462	991,954	145,726	284,347	300,248	416,851	460,194	429,300	1,430,906	1,314,290	1,463,408	1,667,083	752,992	945,343	634,201	828,497	836,518	895,391	0	0	0	-	-	-	-
Purchase of held-to-maturity securities
0	-	-	-	-	1,352,587	1,634,837	1,792,537	1,193,690	1,033,700	1,598,191	1,481,638	1,446,548	1,437,725	0	0	0	-	-	-	-	7,959	7,959	7,959	24,380	16,438	70,700	209,001	394,541	531,379	516,962	433,442	245,550	119,960	0	0	0	-	-	-	-
Purchase of fixed assets
138,031	157,897	206,243	197,591	176,489	108,207	25,335	23,746	24,789	28,217	28,049	30,822	26,955	28,211	29,474	51,672	58,096	69,822	65,911	46,834	41,197	26,632	33,585	31,080	38,704	32,278	26,091	23,762	14,939	18,837	40,992	41,929	45,514	59,730	38,411	42,109	39,671	27,736	0	0	0
Purchase of investments
0	-	-	-	-	-	-	-	-	4,296	997	5,592	8,115	9,278	37,938	20,110	27,202	45,151	28,730	42,001	32,727	48,834	38,317	40,370	107,088	71,777	92,625	127,935	68,464	80,887	106,641	107,312	119,831	119,720	95,082	100,872	103,852	121,885	0	0	0
Acquisitions, net of cash received
-	193,097	145,189	7,421	7,708	8,394	-122	27,359	27,359	7,220	7,202	9,529	12,773	72,383	695,039	695,039	672,378	604,659	0	0	0	-	-	-	-	88,592	0	0	0	-	-	-	-	-	-	-	-	483	0	0	0
Net cash used in investing activities
-1,327,375	-350,327	426,897	105,943	-811,861	-989,241	-1,671,594	-2,533,291	-2,284,341	-2,647,383	-3,716,161	-4,194,500	-4,818,161	-5,254,516	-6,290,510	-4,591,324	-2,938,718	-1,973,265	341,710	268,556	-346,904	-392,936	-154,675	-275,955	-1,252,193	-1,106,274	-1,537,234	-1,791,687	-934,324	-1,225,859	-916,882	-1,003,490	-795,609	-715,610	-846,310	-574,866	-785,589	-567,304	0	0	0
Cash Flows From Financing Activities:
Proceeds from borrowings, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from/(repayments of) short-term borrowings, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	0	-	35,200	224,700	117,565	105,300	-212,700	51,600	-112,300	89,800	103,500	66,500	114,800	18,800	0	0	0
Proceeds from issuance of senior notes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	316,380	0	0	0	-	-	-	-	-	-	-	-
Proceeds from borrowings, net
-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from advances from the FHLB, net
-	-	-	-	-	-	-	-	37,000	245,000	290,000	-75,000	290,000	352,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Federal Home Loan Bank advances, net
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
8,740	9,526	7,862	7,862	7,940	12,846	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase/(decrease) in securities sold under agreements to repurchase
9,244	-168,069	45,099	223,639	95,773	301,690	340,088	270,335	126,475	-34,842	-106,338	-73,003	-71,002	-10,128	154,797	-25,348	34,871	239,494	-36,877	52,770	9,699	-224,629	-111,637	129,295	105,844	123,463	177,014	7,001	-1,804	60,170	25,632	110,820	-1,387	-29,419	-46,140	-16,120	36,889	-12,938	0	0	0
Increase/(decrease) in bank deposits, net
1,831,056	-531,032	333,694	509,195	1,219,237	1,950,661	1,117,974	1,840,375	1,628,662	1,884,452	2,998,520	4,169,255	4,482,861	4,889,127	5,768,630	3,567,282	2,384,060	1,848,275	-435,711	-339,719	228,780	126,758	-111,279	211,210	823,520	881,794	1,304,734	1,230,366	988,431	1,274,395	802,908	1,135,605	732,022	448,170	744,779	385,787	655,247	593,977	0	0	0
Increase/(decrease) in securities loaned
-291,377	114,135	-174,280	-108,883	95,742	172,380	471,368	338,785	149,164	-166,900	-89,118	-21,506	191,683	146,838	352,010	270,269	173,946	325,707	21,159	78,535	-31,190	-35,914	-142,541	-57,700	16,619	20,948	79,062	-68,352	-121,097	-105,208	-30,083	36,361	28,112	97,537	17,585	44,042	71,455	11,158	0	0	0
Tax deficit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-4,904	-8,087	-2,910	-1,242	14,741	18,669	15,104	14,694	19,858	19,792	19,913	28,941	12,018	12,658	12,678	4,292	16,722	14,185	14,646	14,838	24,863	28,395	27,939	27,267	17,487	0	0	0
Tax payments related to shares withheld for stock-based compensation plans
73,918	33,268	33,839	33,824	34,542	43,229	178,317	166,459	168,324	214,744	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from preferred stock issuance, net
-	154,988	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from non-controlling interests
-	26,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock conversions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
-	-	-	-	-	2,278	0	0	0	-	-	-	-	543	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	770	749	732	650	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
217,721	215,430	288,124	249,287	221,234	170,204	0	0	0	-	-	-	-	113,462	0	0	0	-	-	-	-	-	-	-	-	13,670	0	0	0	-	-	-	-	-	-	-	-	91,769	0	0	0
Cash dividends on preferred stock
19,819	17,319	14,820	12,319	9,375	9,375	9,375	9,375	9,375	9,375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid to common stock and equity-award holders
40,476	41,948	40,312	38,767	38,953	34,638	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid to employees upon settlement of equity awards
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-3,391	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reissuance of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,562	0	0	0	-	5,745	6,771	6,896	5,045	0	0	0
Repayment of non-recourse debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,992	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extinguishment of subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,131	3,131	3,131	5,315	2,187	2,187	2,187	2	1,639	1,639	1,639	1,639	1,284	1,284	1,284	1,733	1,840	0	0	0
Net cash provided by/(used in) financing activities
1,074,816	-1,076,870	-814,720	-301,559	659,109	1,747,695	2,039,483	2,511,528	2,048,263	1,760,490	2,791,881	3,791,976	4,797,289	5,656,603	6,808,852	4,408,832	3,137,209	2,359,911	-636,968	-179,750	-118,439	56,103	-168,750	108,103	1,007,619	715,024	1,772,534	1,589,107	1,185,902	1,725,335	769,488	1,475,772	790,105	585,145	804,075	419,739	793,850	515,785	0	0	0
Effect of exchange rate changes on cash
-7,046	4,932	-7,460	-4,727	-7,271	-5,691	-2,712	1,263	9,337	7,895	2,893	-787	-8,120	-12,600	-10,469	-11,936	-1,906	-3,601	-2,938	-8,321	-11,526	-7,308	-5,548	5,009	1,988	1,650	1,069	-620	524	1,061	1,827	-1,438	-806	-807	0	0	0	-	-	-	-
Increase/(decrease) in cash, cash equivalents, and cash segregated for regulatory purposes
728,405	-795,404	215,633	233,551	374,511	1,282,289	101,796	-93,167	-181,647	-199,082	-288,035	125,115	-145,818	-51,921	246,038	-137,836	351,675	299,318	71,982	221,647	-121,653	-26,778	-114,126	53,364	121,298	312,619	455,911	-74,773	177,652	236,270	-21,286	290,735	101,588	-85,858	7,735	-111,738	-20,831	91,709	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for income taxes, net of refunds
176,883	161,926	151,006	169,471	88,921	67,379	30,205	-13,581	-3,133	21,516	19,474	19,546	6,458	22,946	36,304	48,616	48,481	59,356	92,690	107,366	129,589	107,009	56,643	28,762	14,143	5,803	10,284	11,950	5,530	4,630	2,869	-5,658	339	5,547	8,706	42,397	39,834	54,984	0	0	0
Cash paid for interest
162,294	183,012	207,876	210,116	193,781	169,724	131,712	100,214	79,056	69,781	65,429	64,176	64,608	62,145	58,745	51,984	45,296	41,801	38,939	43,576	20,337	40,471	43,369	41,002	76,618	46,360	40,693	37,863	22,362	29,064	28,896	32,700	25,939	25,209	23,445	14,486	16,848	13,104	0	0	0
Noncash financing activities:
Unit grants, net of forfeitures
153,586	139,408	146,017	134,345	138,195	136,529	134,410	127,373	126,705	71,300	87,807	107,105	126,608	190,211	293,969	294,057	313,600	267,769	170,033	178,976	156,701	190,003	174,825	184,319	314,439	228,230	244,679	223,743	77,541	145,563	125,077	119,189	122,169	138,203	139,918	204,242	196,760	157,546	0	0	0
Issuance of common stock for acquisitions
-	-	-	-	-	-	-	-	-	9,352	10,738	10,738	10,738	12,813	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares surrendered into treasury
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-