Cognizant Technology Solutions (CTSH) 10-Q5 Aug 162016 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2016	Jul. 29, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	CTSH
Entity Registrant Name	COGNIZANT TECHNOLOGY SOLUTIONS CORP
Entity Central Index Key	1,058,290
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		606,942,840

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Financial Position - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 1,684.5	$ 2,125.2
Short-term investments	2,796.7	2,824.3
Trade accounts receivable, net of allowances of $48.8 and $39.0, respectively	2,427.4	2,252.6
Unbilled accounts receivable	451.1	369
Other current assets	399.2	337.5
Total current assets	7,758.9	7,908.6
Property and equipment, net of accumulated depreciation of $1,191.2 and $1,079.1, respectively	1,287.4	1,271.4
Goodwill	2,457.9	2,404.7
Intangible assets, net	961.4	864.3
Deferred income tax assets, net	328.7	347.8
Equity method investment	59.6	0
Other noncurrent assets	286.2	264.2
Total assets	13,140.1	13,061
Liabilities and Stockholders' Equity
Accounts payable	164.5	165.3
Deferred revenue	321.7	323.7
Short-term debt	68.8	406.3
Accrued expenses and other current liabilities	1,565	1,818.4
Total current liabilities	2,120	2,713.7
Deferred revenue, noncurrent	175.6	49.3
Deferred income tax liabilities, net	3	3.3
Long-term debt	840	876.8
Other noncurrent liabilities	138.6	139.8
Total liabilities	3,277.2	3,782.9
Commitments and contingencies (See Note 10)
Stockholders' Equity:
Preferred stock, $0.10 par value, 15.0 shares authorized, none issued	0	0
Class A common stock, $0.01 par value, 1,000.0 shares authorized, 607.3 and 609.0 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	6.1	6.1
Additional paid-in capital	333.7	453
Retained earnings	9,618.8	8,925.2
Accumulated other comprehensive income (loss)	(95.7)	(106.2)
Total stockholders’ equity	9,862.9	9,278.1
Total liabilities and stockholders’ equity	$ 13,140.1	$ 13,061

Condensed Consolidated Stateme3

Condensed Consolidated Statements Of Financial Position (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 48.8	$ 39
Property and equipment, accumulated depreciation	$ 1,191.2	$ 1,079.1
Preferred stock, par value (in dollars per share)	$ 0.10	$ 0.10
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, issued	0	0
Class A common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Class A common stock, shares authorized	1,000,000,000	1,000,000,000
Class A common stock, shares issued	607,300,000	609,000,000
Class A common stock, shares outstanding	607,300,000	609,000,000

Condensed Consolidated Stateme4

Condensed Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues	$ 3,369.9	$ 3,085.1	$ 6,571.9	$ 5,996.5
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization expense shown separately below)	2,037.7	1,844.8	3,953.1	3,572
Selling, general and administrative expenses	653.9	612	1,300.1	1,222.8
Depreciation and amortization expense	87.4	82.8	173.8	155.9
Income from operations	590.9	545.5	1,144.9	1,045.8
Other income (expense), net:
Interest income	27.6	17.6	58.2	35.6
Interest expense	(4.6)	(4.1)	(9.7)	(9.1)
Foreign currency exchange gains (losses), net	(20.2)	(10.4)	(11.1)	(12.6)
Other, net	0.9	0.2	1.4	(0.3)
Total other income (expense), net	3.7	3.3	38.8	13.6
Income before provision for income taxes	594.6	548.8	1,183.7	1,059.4
Provision for income taxes	(342.4)	(128.7)	(490.3)	(256.4)
Income from equity method investment	0.2	0	0.2	0
Net income	$ 252.4	$ 420.1	$ 693.6	$ 803
Basic earnings per share (usd per share)	$ 0.42	$ 0.69	$ 1.14	$ 1.32
Diluted earnings per share (usd per share)	$ 0.41	$ 0.68	$ 1.14	$ 1.31
Weighted average number of common shares outstanding - Basic (shares)	606.1	609.9	607.1	609.7
Dilutive effect of shares issuable under stock-based compensation plans (shares)	2.7	4	3.2	4.2
Weighted average number of common shares outstanding - Diluted (shares)	608.8	613.9	610.3	613.9

Condensed Consolidated Stateme5

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 252.4	$ 420.1	$ 693.6	$ 803
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(28.6)	23.2	(9.1)	(17.6)
Change in unrealized gains and losses on cash flow hedges, net of taxes	(8.3)	6.9	11.4	49.1
Change in unrealized gains and losses on available-for-sale securities, net of taxes	2.8	(1.3)	8.2	1.1
Other comprehensive income (loss)	(34.1)	28.8	10.5	32.6
Comprehensive income	$ 218.3	$ 448.9	$ 704.1	$ 835.6

Condensed Consolidated Stateme6

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 693.6	$ 803
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	180.6	159.6
Provision for doubtful accounts	4	(1.4)
Deferred income taxes	26.1	(36.9)
Stock-based compensation expense	115.7	95.2
Excess tax benefits on stock-based compensation plans	(10.2)	(15.3)
Other	9.9	8.7
Changes in assets and liabilities:
Trade accounts receivable	(187.2)	(185.7)
Other current assets	(119.8)	(20.6)
Other noncurrent assets	(5.6)	(50.3)
Accounts payable	5.9	19.4
Deferred revenues, current and noncurrent	2.3	33.8
Other current and noncurrent liabilities	(286.9)	(164.1)
Net cash provided by operating activities	428.4	645.4
Cash flows from investing activities:
Purchases of property and equipment	(138.6)	(133.6)
Purchases of investments	(2,932.9)	(1,565.8)
Proceeds from maturity or sale of investments	2,962.5	845.9
Payments for business combinations, net of cash acquired and equity method investment	(151.3)
Payments for business combinations, net of cash acquired and equity method investment		0
Net cash (used in) investing activities	(260.3)	(853.5)
Cash flows from financing activities:
Issuance of common stock under stock-based compensation plans	90.3	68.5
Excess tax benefits on stock-based compensation plans	10.2	15.3
Repurchases of common stock	(335.1)	(214)
Repayment of term loan borrowings and capital lease obligations	(26.5)	(26.2)
Net change in notes outstanding under the revolving credit facility	(350)	(550)
Net cash (used in) financing activities	(611.1)	(706.4)
Effect of exchange rate changes on cash and cash equivalents	2.3	(6.3)
(Decrease) in cash and cash equivalents	(440.7)	(920.8)
Cash and cash equivalents, beginning of year	2,125.2	2,010.1
Cash and cash equivalents, end of period	$ 1,684.5	$ 1,089.3

Interim Condensed Consolidated

Interim Condensed Consolidated Financial Statements	6 Months Ended
Interim Condensed Consolidated Financial Statements	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interim Condensed Consolidated Financial Statements	Interim Condensed Consolidated Financial Statements The terms “Cognizant,” “we,” “our,” “us” and “the Company” refer to Cognizant Technology Solutions Corporation unless the context indicates otherwise. We have prepared the accompanying unaudited condensed consolidated financial statements included herein in accordance with generally accepted accounting principles in the United States of America, or U.S. GAAP, and Article 10 of Regulation S-X under the Securities Exchange Act of 1934, as amended. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements (and notes thereto) included in our Annual Report on Form 10-K for the year ended December 31, 2015 . In our opinion, all adjustments considered necessary for a fair presentation of the accompanying unaudited condensed consolidated financial statements have been included, and all adjustments are of a normal and recurring nature. Operating results for the interim periods are not necessarily indicative of results that may be expected to occur for the entire year. During the six months ended June 30, 2016 , we repurchased 5.1 million shares of our Class A common stock for $294.6 million under our existing stock repurchase program approved by our Board of Directors. As of June 30, 2016 , the remaining available balance under the Board authorization was $143.3 million . Additional stock repurchases were made in connection with our stock-based compensation plans, whereby Company shares were tendered by employees for payment of applicable statutory tax withholdings. During the six months ended June 30, 2016 , such repurchases totaled 0.7 million shares at an aggregate cost of $40.5 million . In August 2016, the Company announced that its Board of Directors approved an expansion of its stock repurchase program. The Board of Directors increased the Company's stock repurchase authorization under the program from $ 2.0 billion to $ 3.0 billion and extended the term of the stock repurchase program from December 31, 2017 to December 31, 2018. Recently Adopted Accounting Pronouncements. In April 2015, the Financial Accounting Standards Board, or FASB, issued an update related to the presentation of debt issuance costs. The updated standard requires debt issuance costs, other than costs incurred to secure lines of credit, be presented in the balance sheet as a direct deduction from the carrying value of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by this update. The guidance is effective on a retrospective basis for fiscal years, and interim periods within those years, beginning on or after January 1, 2016. Thus, we have adopted this guidance as of January 1, 2016. We conformed prior period's presentation to current period's presentation on our consolidated statement of financial position. The adoption of this standard impacted financial statement presentation only and had no effect on our financial condition or results of operations. In April 2015, the FASB issued an update to the standard on internal-use software providing guidance to customers in evaluating whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the updated standard requires the customer to account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer is required to account for the arrangement as a service contract. The update is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2016. A company can elect to adopt the update either prospectively to all arrangements entered into or materially modified after the effective date or retrospectively. We have adopted this update prospectively beginning January 1, 2016. The adoption of this update had no material effect on our financial condition or results of operations. New Accounting Pronouncements. In May 2014, the FASB issued a standard on revenue from contracts with customers. In 2016, the FASB issued four amendments to the new standard. The new standard, as amended, sets forth a single comprehensive model for recognizing and reporting revenue. The standard also requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. The standard is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2018. Early adoption is permitted but not before periods beginning on or after January 1, 2017. The standard allows for two methods of adoption: the full retrospective adoption, which requires the standard to be applied to each prior period presented, or the modified retrospective adoption, which requires the cumulative effect of adoption to be recognized as an adjustment to opening retained earnings in the period of adoption. We are currently evaluating the effect the new standard will have on our consolidated financial statements and related disclosures. In January 2016, the FASB issued an update to the standard on financial instruments. The update significantly revises an entity’s accounting related to (1) the classification and measurement of investments in equity securities and (2) the presentation of certain fair value changes for financial liabilities measured at fair value. It also amends certain disclosure requirements. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2018. Upon adoption, entities will be required to make a cumulative-effect adjustment to the statement of financial position as of the beginning of the first reporting period in which the guidance is effective. However, the specific guidance on equity securities without readily determinable fair value will apply prospectively to all equity investments that exist as of the date of adoption. Early adoption of certain sections of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. In February 2016, the FASB issued a standard on lease accounting. The new standard replaces the existing guidance on leases and requires the lessee to recognize a right-of-use asset and a lease liability for all leases with lease terms equal to or greater than twelve months. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize total lease expense on a straight-line basis. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2019. Upon adoption, entities will be required to use a modified retrospective transition which provides for certain practical expedients. Entities are required to apply the new standard at the beginning of the earliest comparative period presented. Early adoption of this new standard is permitted. We are currently evaluating the effect the new standard will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued an update to the standard on derivatives and hedging, which clarifies the effect of derivative contract novations on existing hedge accounting relationships. As it relates to derivative instruments, novation refers to replacing one of the parties to a derivative instrument with a new party, which may occur for a variety of reasons such as: financial institution mergers, intercompany transactions, an entity exiting a particular derivatives business or relationship, or because of laws or regulatory requirements. The update clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedge accounting relationship provided that all other hedge accounting criteria continue to be met. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2017. Upon adoption, entities can choose to apply the update on either a prospective basis or a modified retrospective basis. Early adoption of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued an update to the standard on stock compensation, which simplifies several aspects of the accounting for employee share-based payment transactions including the accounting for excess tax benefits and deficiencies, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2017. Upon adoption, entities will be required to apply a modified retrospective, prospective or retrospective transition method depending on the specific section of the guidance being adopted. Early adoption of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. However, we expect the requirements to recognize excess tax benefits and deficiencies on stock awards in the income tax provision and to present the excess tax benefits and deficiencies in operating activities in the statement of cash flows to be the primary effects of this standard on our consolidated financial statements. In June 2016, the FASB issued an update to the standard on financial instruments, which amends the guidance on the impairment of financial instruments. The update changes the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded by introducing an approach based on expected losses. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2021. Early adoption is permitted beginning on or after January 1, 2020. Upon adoption, entities will be required to use a modified retrospective transition approach. We are currently evaluating the impact of the new guidance on our consolidated financial statements.

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2016
Business Combinations [Abstract]
Business Combinations	Business Combinations and Equity Method Investment Business Combinations During the six months ended June 30, 2016, we completed three business combinations for total initial consideration of approximately $ 91.8 million (net of cash acquired). One of these transactions was an acquisition of a global consulting and technology services company that strengthens and expands our digital capabilities to deliver cloud-based IT infrastructure services. The second transaction included an acquisition of a delivery center in Lithuania to enhance our delivery capabilities in Europe and a multi-year service agreement. The third transaction was an acquisition of tangible property, an assembled workforce and a multi-year service agreement, which qualifies as a business combination under authoritative accounting guidance. These acquisitions were included in our unaudited condensed consolidated financial statements as of the date on which the businesses were acquired and were not material to our operations, financial position or cash flow. We have preliminarily allocated the purchase price related to these transactions to tangible and intangible assets and liabilities, including non-deductible goodwill, based on their fair values. Specifically-identified intangible assets and goodwill acquired were as follows: Fair Value Weighted Average Useful Life (in millions) Non-deductible goodwill 51.9 Customer relationship intangible assets 150.3 7.1 years Other intangible assets 0.2 1 year The primary items that generated the aforementioned goodwill are the value of the acquired assembled workforces and synergies between the acquired companies and us, neither of which qualify as an amortizable intangible asset.

Business Combinations Equity Me

Business Combinations Equity Method Investment (Notes)	6 Months Ended
Business Combinations Equity Method Investment (Notes)	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	Equity Method Investment In April 2016, we acquired a 49% ownership interest in a strategic consulting firm specializing in the use of human sciences to help business leaders better understand customer behavior for a purchase price of $59.1 million . We have accounted for this investment as an equity method investment within our consolidated financial statements. In addition, we have the option to buy from the investee ("Call Option") and the investee has the option to sell to us ("Written Put Option") the remaining 51% of the investee at pre-determined purchase prices and contingent on certain performance conditions being satisfied. The Call Option, which has been recorded at cost, and our 49% ownership interest are included within "Equity method investment" in our consolidated statements of financial position. As of June 30, 2016, the Written Put Option was a liability of $1.3 million . If we acquire the remaining 51% of the investee and the investee meets certain performance conditions, we would be obligated to make incremental payments up to a maximum of $100.0 million , in addition to the purchase price for the remaining 51% .

Short-term Investments

Short-term Investments	6 Months Ended
Short-term Investments	Jun. 30, 2016
Investments [Abstract]
Short-term Investments	Short-term Investments Our short-term investments were as follows: June 30, 2016 December 31, 2015 (in millions) Available-for-sale investment securities: U.S. Treasury and agency debt securities $ 639.4 $ 527.1 Corporate and other debt securities 396.8 360.5 Certificates of deposit and commercial paper 684.8 754.0 Asset-backed securities 168.2 229.6 Municipal debt securities 121.8 121.3 Mutual funds 23.0 22.3 Total available-for-sale investment securities 2,034.0 2,014.8 Time deposits 762.7 809.5 Total short-term investments $ 2,796.7 $ 2,824.3 Our available-for-sale investment securities consist of U.S. dollar denominated investments primarily in U.S. Treasury notes, U.S. government agency debt securities, municipal debt securities, non-U.S. government debt securities, U.S. and international corporate bonds, certificates of deposit, commercial paper, debt securities issued by supranational institutions, mutual funds invested in fixed income securities, and asset-backed securities, including Government National Mortgage Association (GNMA) mortgage backed securities and securities backed by auto loans, credit card receivables, and other receivables. Our investment guidelines are to purchase securities which are investment grade at the time of acquisition. We monitor the credit ratings of the securities in our portfolio on an ongoing basis. Available-for-Sale Investment Securities The amortized cost, gross unrealized gains and losses and fair value of available-for-sale investment securities at June 30, 2016 were as follows: Amortized Cost Unrealized Gains Unrealized Losses Fair (in millions) U.S. Treasury and agency debt securities $ 636.7 $ 2.7 $ — $ 639.4 Corporate and other debt securities 394.9 2.0 (0.1 ) 396.8 Certificates of deposit and commercial paper 685.0 0.4 (0.6 ) 684.8 Asset-backed securities 167.5 0.7 — 168.2 Municipal debt securities 121.2 0.6 — 121.8 Mutual funds 26.0 — (3.0 ) 23.0 Total available-for-sale investment securities $ 2,031.3 $ 6.4 $ (3.7 ) $ 2,034.0 The amortized cost, gross unrealized gains and losses and fair value of available-for-sale investment securities at December 31, 2015 were as follows: Amortized Cost Unrealized Gains Unrealized Losses Fair Value (in millions) U.S. Treasury and agency debt securities $ 528.9 $ — $ (1.8 ) $ 527.1 Corporate and other debt securities 361.9 0.1 (1.5 ) 360.5 Certificates of deposit and commercial paper 754.0 0.1 (0.1 ) 754.0 Asset-backed securities 230.3 0.1 (0.8 ) 229.6 Municipal debt securities 121.2 0.2 (0.1 ) 121.3 Mutual funds 25.3 0.1 (3.1 ) 22.3 Total available-for-sale investment securities $ 2,021.6 $ 0.6 $ (7.4 ) $ 2,014.8 The fair value and related unrealized losses of available-for-sale investment securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer were as follows as of June 30, 2016 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (in millions) U.S. Treasury and agency debt securities $ 44.5 $ — $ — $ — $ 44.5 $ — Corporate and other debt securities 71.5 (0.1 ) 0.9 — 72.4 (0.1 ) Certificates of deposit and commercial paper 155.5 (0.6 ) — — 155.5 (0.6 ) Asset-backed securities 15.1 — 0.8 — 15.9 — Municipal debt securities 9.1 — 0.6 — 9.7 — Mutual funds 1.3 — 21.7 (3.0 ) 23.0 (3.0 ) Total $ 297.0 $ (0.7 ) $ 24.0 $ (3.0 ) $ 321.0 $ (3.7 ) The fair value and related unrealized losses of available-for-sale investment securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer were as follows as of December 31, 2015 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (in millions) U.S. Treasury and agency debt securities $ 475.7 $ (1.8 ) $ — $ — $ 475.7 $ (1.8 ) Corporate and other debt securities 315.1 (1.5 ) 3.1 — 318.2 (1.5 ) Certificates of deposit and commercial paper 271.5 (0.1 ) — — 271.5 (0.1 ) Asset-backed securities 199.4 (0.7 ) 11.4 (0.1 ) 210.8 (0.8 ) Municipal debt securities 56.5 (0.1 ) — — 56.5 (0.1 ) Mutual funds — — 21.1 (3.1 ) 21.1 (3.1 ) Total $ 1,318.2 $ (4.2 ) $ 35.6 $ (3.2 ) $ 1,353.8 $ (7.4 ) The unrealized losses for the above securities as of June 30, 2016 and December 31, 2015 are primarily attributable to changes in interest rates. At each reporting date, the Company performs an evaluation of impaired available-for-sale securities to determine if the unrealized losses are other-than-temporary. Based on this evaluation as of June 30, 2016, the Company identified an investment in a mutual fund with a fair value of $21.7 million to be other-than-temporarily impaired based on management's intent to sell the investment and accordingly, recognized an impairment loss of $3.0 million in our consolidated statements of operations in the caption "Other, net." As of June 30, 2016 , other than the impaired mutual fund investment, we do not consider any of the investments to be other-than-temporarily impaired. The gross unrealized gains and losses in the above tables were recorded, net of tax, in accumulated other comprehensive income (loss), except for the loss on the other-than-temporarily impaired security. The contractual maturities of our fixed income available-for-sale investment securities as of June 30, 2016 are set forth in the following table: Amortized Cost Fair Value (in millions) Due within one year $ 877.5 $ 877.6 Due after one year up to two years 527.5 529.3 Due after two years up to three years 334.0 336.2 Due after three years up to four years 98.8 99.7 Asset-backed securities 167.5 168.2 Fixed income available-for-sale investment securities $ 2,005.3 $ 2,011.0 Asset-backed securities were excluded from the maturity categories because the actual maturities may differ from the contractual maturities since the underlying receivables may be prepaid without penalties. Further, actual maturities of debt securities may differ from those presented above since certain obligations provide the issuer the right to call or prepay the obligation prior to scheduled maturity without penalty. Proceeds from sales of available-for-sale investment securities and the gross gains and losses that have been included in earnings as a result of those sales were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Proceeds from sales of available-for-sale investment securities $ 1,816.6 $ 246.3 $ 2,378.2 $ 428.1 Gross gains $ 4.2 $ 0.5 $ 4.5 $ 0.9 Gross losses (0.1 ) — (0.4 ) (0.1 ) Net realized gains on sales of available-for-sale investment securities $ 4.1 $ 0.5 $ 4.1 $ 0.8

Accrued Expenses And Other Curr

Accrued Expenses And Other Current Liabilities	6 Months Ended
Accrued Expenses And Other Current Liabilities	Jun. 30, 2016
Payables and Accruals [Abstract]
Accrued Expenses And Other Current Liabilities	Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities were as follows: June 30, 2016 December 31, 2015 (in millions) Compensation and benefits $ 955.2 $ 1,272.0 Income taxes 34.6 17.1 Professional fees 74.3 69.6 Travel and entertainment 32.5 29.8 Customer volume incentives 222.4 236.1 Derivative financial instruments 6.2 10.9 Other 239.8 182.9 Total accrued expenses and other current liabilities $ 1,565.0 $ 1,818.4

Debt

Debt	6 Months Ended
Debt	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt	Debt In 2014, we entered into a credit agreement with a commercial bank syndicate providing for a $1,000.0 million unsecured term loan and a $750.0 million unsecured revolving credit facility. The term loan was used to pay a portion of the cash consideration in connection with the 2014 acquisition of TZ US Parent, Inc., or TriZetto. The revolving credit facility is available for general corporate purposes. The term loan and the revolving credit facility both mature in November 2019. All notes drawn to date under the revolving credit facility have been less than 90 days in duration. We are required under the credit agreement to make scheduled quarterly principal payments on the term loan. Short-term Debt The following summarizes our short-term debt balances as of: June 30, 2016 December 31, 2015 (in millions) Notes outstanding under revolving credit facility $ — $ 350.0 Term loan - current maturities 68.8 56.3 Total short-term debt $ 68.8 $ 406.3 Long-term Debt The following summarizes our long-term debt balances as of: June 30, 2016 December 31, 2015 (in millions) Term loan, due 2019 $ 912.5 $ 937.5 Less: Current maturities (68.8 ) (56.3 ) Deferred financing costs (3.7 ) (4.4 ) Long-term debt, net $ 840.0 $ 876.8 In accordance with the recently adopted FASB update, we have presented debt issuance costs in the balance sheet as a direct deduction from the carrying value of that debt liability. As this guidance is effective on a retrospective basis, we conformed prior period's presentation to current period's presentation on our consolidated statement of financial position.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our Indian subsidiaries, collectively referred to as Cognizant India, are primarily export-oriented and are eligible for certain income tax holiday benefits granted by the government of India for export activities conducted within Special Economic Zones, or SEZs, for periods of up to 15 years . Our Indian profits ineligible for SEZ benefits are subject to corporate income tax at the rate of 34.6% . In addition, all Indian profits, including those generated within SEZs, are subject to the Minimum Alternative Tax, or MAT, at the rate of 21.3% . Any MAT paid is creditable against future Indian corporate income tax, subject to limitations. In May 2016, India enacted the Finance Bill 2016 that, among other things, expanded the applicability of India’s buyback distribution tax to certain share buyback transactions occurring after June 1, 2016. In mid-May, prior to the June 1 effective date of the enactment, our principal operating subsidiary in India repurchased shares from its shareholders, which are non-Indian Cognizant entities, valued at $ 2.8 billion ("India Cash Remittance"). This transaction was undertaken pursuant to a plan approved by the High Court of Madras and simplified the shareholding structure of our principal operating subsidiary in India. Pursuant to the transaction, our principal Indian operating subsidiary repurchased approximately $ 1.2 billion of the total $ 2.8 billion of shares from its U.S. shareholders, resulting in tax expense in the United States and India, while the remaining $ 1.6 billion was repurchased from its shareholder outside the United States. Net of taxes, the transaction resulted in a remittance of cash to the United States in the amount of $ 1.0 billion. As a result of this transaction, we will incur an incremental 2016 income tax expense of $ 237.5 million, including a discrete item recognized in the second quarter of 2016 of $ 142.6 million relating to the distribution of historic undistributed accumulated foreign earnings. The remaining portion represents the tax on the distribution of current year earnings. Total incremental tax expense of $ 190.0 million was recognized in the quarter ended June 30, 2016 and approximately $ 23.7 million will be recognized in each of the quarters ending September 30, 2016 and December 31, 2016. This transaction is primarily responsible for the increase in our effective income tax rate in 2016 compared to 2015. The India Cash Remittance did not impact our assertion that our foreign earnings are permanently reinvested outside the United States. In reaching this conclusion, we considered the one-time nature of the India Cash Remittance, our capital needs in the United States, the available sources of liquidity in the United States and our growth plans outside the United States. Thus, other than amounts affected by the India Cash Remittance and amounts for which we have already accrued U.S. taxes, our foreign earnings are deemed to be permanently reinvested outside the United States and we have not provided for U.S. federal income taxes on such earnings. Our effective income tax rates were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Effective income tax rate 57.6 % 23.5 % 41.4 % 24.2 % For the 2016 periods, the principal reason for the difference between our effective income tax rates and the U.S. federal statutory rate is the effect of the India Cash Remittance transaction described above, partially offset by the effect of the Indian tax holiday and earnings taxed in countries that have lower rates than the United States. For the 2015 periods, the principal reason for the difference between our effective income tax rates and the U.S. federal statutory rate is the effect of the Indian tax holiday and earnings taxed in countries that have lower rates than the United States.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
Derivative Financial Instruments	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments In the normal course of business, we use foreign exchange forward contracts to manage foreign currency exchange rate risk. The estimated fair value of the foreign exchange forward contracts considers the following items: discount rate, timing and amount of cash flow and counterparty credit risk. Derivatives may give rise to credit risks from the possible non-performance by counterparties. Credit risk is generally limited to the fair value of those contracts that are favorable to us. We have limited our credit risk by entering into derivative transactions only with highly-rated financial institutions, limiting the amount of credit exposure with any one financial institution and conducting an ongoing evaluation of the creditworthiness of the financial institutions with which we do business. In addition, all the assets and liabilities related to our foreign exchange forward contracts set forth in the below table are subject to International Swaps and Derivatives Association, or ISDA, master netting arrangements or other similar agreements with each individual counterparty. These master netting arrangements generally provide for net settlement of all outstanding contracts with the counterparty in the case of an event of default or a termination event. We have presented all the assets and liabilities related to our foreign exchange forward contracts on a gross basis, with no offsets, in our accompanying unaudited condensed consolidated statements of financial position. There is no financial collateral (including cash collateral) posted or received by us related to our foreign exchange forward contracts. The following table provides information on the location and fair values of derivative financial instruments included in our unaudited condensed consolidated statement of financial position as of: June 30, 2016 December 31, 2015 Designation of Derivatives Location on Statement of Financial Position Assets Liabilities Assets Liabilities (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments Other current assets $ 10.9 $ — $ 7.2 $ — Other noncurrent assets 2.9 — 1.6 — Accrued expenses and other current liabilities — 6.2 — 9.7 Other noncurrent liabilities — 8.2 — 13.5 Total 13.8 14.4 8.8 23.2 Foreign exchange forward contracts – Not designated as hedging instruments Other current assets 2.3 — 0.4 — Accrued expenses and other current liabilities — — — 1.2 Total 2.3 — 0.4 1.2 Total $ 16.1 $ 14.4 $ 9.2 $ 24.4 Cash Flow Hedges We have entered into a series of foreign exchange forward contracts that are designated as cash flow hedges of Indian rupee denominated payments in India. These contracts are intended to partially offset the impact of movement of exchange rates on future operating costs and are scheduled to mature each month during 2016 , 2017 , and 2018 . Under these contracts, we purchase Indian rupees and sell U.S. dollars. The changes in fair value of these contracts are initially reported in the caption “Accumulated other comprehensive income (loss)” in our consolidated statements of financial position and are subsequently reclassified to earnings in the same period the hedge contract matures. As of June 30, 2016 , we estimate that $3.6 million , net of tax, of net gains related to derivatives designated as cash flow hedges recorded in accumulated other comprehensive income (loss) is expected to be reclassified into earnings within the next 12 months. The notional value of our outstanding contracts by year of maturity and the net unrealized gains (losses) included in accumulated other comprehensive income (loss) for such contracts were as follows as of: June 30, 2016 December 31, 2015 (in millions) 2016 $ 615.0 $ 1,215.0 2017 1,050.0 900.0 2018 405.0 330.0 Total notional value of contracts outstanding $ 2,070.0 $ 2,445.0 Net unrealized (losses) included in accumulated other comprehensive income (loss), net of taxes $ (0.3 ) $ (11.7 ) Upon settlement or maturity of the cash flow hedge contracts, we record the related gains or losses, based on our designation at the commencement of the contract, with the hedged Indian rupee denominated expense reported within cost of revenues and selling, general and administrative expenses. Hedge ineffectiveness was immaterial for all periods presented. The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the three months ended June 30 : Change in Derivative Gains/Losses Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion) Location of Net Derivative Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) Net Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments $ (7.5 ) $ (9.0 ) Cost of revenues $ 2.7 $ (14.1 ) Selling, general and administrative expenses 0.5 (3.1 ) Total $ 3.2 $ (17.2 ) The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the six months ended June 30 : Change in Derivative Gains/Losses Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion) Location of Net Derivative Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) Net Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments $ 14.5 $ 25.7 Cost of revenues $ 0.6 $ (25.3 ) Selling, general and administrative expenses 0.1 (5.6 ) Total $ 0.7 $ (30.9 ) The activity related to the change in net unrealized gains (losses) on our cash flow hedges included in accumulated other comprehensive income (loss) is presented in Note 9. Other Derivatives We use foreign exchange forward contracts, which have not been designated as hedges, to hedge balance sheet exposure to certain monetary assets and liabilities denominated in currencies other than the functional currency of our foreign subsidiaries. We entered into a series of foreign exchange forward contracts that are primarily to purchase U.S. dollars and sell Indian rupees, British pounds and Euros, and are scheduled to mature in 2016 and 2017. Realized gains or losses and changes in the estimated fair value of these derivative financial instruments are recorded in the caption "Foreign currency exchange gains (losses), net" in our consolidated statements of operations. Additional information related to our outstanding foreign exchange forward contracts not designated as hedging instruments is as follows: June 30, 2016 December 31, 2015 Notional Market Value Notional Market Value (in millions) Contracts outstanding $ 211.3 $ 2.3 $ 165.5 $ (0.8 ) The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on our other derivative financial instruments for the three and six months ended June 30, 2016 and 2015 : Location of Net Gains (Losses) on Derivative Instruments Amount of Net Gains (Losses) on Derivative Instruments Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Not designated as hedging instruments Foreign currency exchange gains (losses), net $ 2.5 $ 0.1 $ (0.3 ) $ (1.7 ) The related cash flow impacts of all of our derivative activities are reflected as cash flows from operating activities.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We measure our cash equivalents, investments and foreign exchange forward contracts at fair value. The authoritative guidance defines fair value as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The authoritative guidance also establishes a fair value hierarchy that is intended to increase consistency and comparability in fair value measurements and related disclosures. The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level 1 – Inputs are quoted prices in active markets for identical assets or liabilities. • Level 2 – Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable and market-corroborated inputs which are derived principally from or corroborated by observable market data. • Level 3 – Inputs are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable. The following table summarizes our financial assets and (liabilities) measured at fair value on a recurring basis as of June 30, 2016 : Level 1 Level 2 Level 3 Total (in millions) Cash equivalents: Money market funds $ 262.6 $ — $ — $ 262.6 Time deposits — 25.0 — 25.0 Certificates of deposit and commercial paper — 152.2 — 152.2 Total cash equivalents 262.6 177.2 — 439.8 Short-term investments: Time deposits — 762.7 — 762.7 Available-for-sale investment securities: U.S. Treasury and agency debt securities 600.3 39.1 — 639.4 Corporate and other debt securities — 396.8 — 396.8 Certificates of deposit and commercial paper — 684.8 — 684.8 Asset-backed securities — 168.2 — 168.2 Municipal debt securities — 121.8 — 121.8 Total available-for-sale investment securities (1) 600.3 1,410.7 — 2,011.0 Total short-term investments (1) 600.3 2,173.4 — 2,773.7 Derivative financial instruments - foreign exchange forward contracts: Other current assets — 13.2 — 13.2 Accrued expenses and other current liabilities — (6.2 ) — (6.2 ) Other noncurrent assets — 2.9 — 2.9 Other noncurrent liabilities — (8.2 ) — (8.2 ) Total $ 862.9 $ 2,352.3 $ — $ 3,215.2 ________________ (1) Excludes mutual funds valued at $23.0 million based on the net asset value, or NAV, of the fund at June 30, 2016. The following table summarizes our financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2015 : Level 1 Level 2 Level 3 Total (in millions) Cash equivalents: Money market funds $ 495.9 $ — $ — $ 495.9 Total cash equivalents 495.9 — — 495.9 Short-term investments: Time deposits — 809.5 — 809.5 Available-for-sale investment securities: U.S. Treasury and agency debt securities 463.7 63.4 — 527.1 Corporate and other debt securities — 360.5 — 360.5 Certificates of deposit and commercial paper — 754.0 — 754.0 Asset-backed securities — 229.6 — 229.6 Municipal debt securities — 121.3 — 121.3 Total available-for-sale investment securities (1) 463.7 1,528.8 — 1,992.5 Total short-term investments (1) 463.7 2,338.3 — 2,802.0 Derivative financial instruments - foreign exchange forward contracts: Other current assets — 7.6 — 7.6 Accrued expenses and other current liabilities — (10.9 ) — (10.9 ) Other noncurrent assets — 1.6 — 1.6 Other noncurrent liabilities — (13.5 ) — (13.5 ) Total $ 959.6 $ 2,323.1 $ — $ 3,282.7 ________________ (1) Excludes mutual funds valued at $22.3 million based on the net asset value, or NAV, of the fund at December 31, 2015. We measure the fair value of money market funds and U.S. Treasury securities based on quoted prices in active markets for identical assets and therefore classify these assets as Level 1. The fair value of commercial paper, certificates of deposit, U.S. government agency securities, municipal debt securities, U.S. and international corporate bonds and foreign government debt securities is measured based on relevant trade data, dealer quotes, or model-driven valuations using significant inputs derived from or corroborated by observable market data, such as yield curves and credit spreads. We measure the fair value of our asset-backed securities using model-driven valuations based on significant inputs derived from or corroborated by observable market data such as dealer quotes, available trade information, spread data, current market assumptions on prepayment speeds and defaults and historical data on deal collateral performance. The carrying value of the time deposits approximated fair value as of June 30, 2016 and December 31, 2015 . We estimate the fair value of each foreign exchange forward contract by using a present value of expected cash flows model. This model calculates the difference between the current market forward price and the contracted forward price for each foreign exchange contract and applies the difference in the rates to each outstanding contract. The market forward rates include a discount and credit risk factor. The amounts are aggregated by type of contract and maturity. During the six months ended June 30, 2016 and the year ended December 31, 2015 , there were no transfers among Level 1, Level 2, or Level 3 financial assets and liabilities.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
Accumulated Other Comprehensive Income (Loss)	Jun. 30, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) by component were as follows for the three and six months ended June 30, 2016 : Three Months Six Months Before Tax Amount Tax Effect Net of Tax Amount Before Tax Tax Net of Tax (in millions) Foreign currency translation adjustments: Beginning balance $ (70.4 ) $ — $ (70.4 ) $ (89.9 ) $ — $ (89.9 ) Change in foreign currency translation adjustments (28.6 ) — (28.6 ) (9.1 ) — (9.1 ) Ending balance $ (99.0 ) $ — $ (99.0 ) $ (99.0 ) $ — $ (99.0 ) Unrealized gains (losses) on available-for-sale investment securities: Beginning balance $ 1.5 $ (0.7 ) $ 0.8 $ (6.8 ) $ 2.2 $ (4.6 ) Net unrealized gains arising during the period 5.3 (1.7 ) 3.6 13.6 (4.6 ) 9.0 Reclassification of net (gains) to Other, net (4.1 ) 1.5 (2.6 ) (4.1 ) 1.5 (2.6 ) Other-than-temporary impairment losses on investment securities recognized in earnings 3.0 (1.2 ) 1.8 3.0 (1.2 ) 1.8 Net change 4.2 (1.4 ) 2.8 12.5 (4.3 ) 8.2 Ending balance $ 5.7 $ (2.1 ) $ 3.6 $ 5.7 $ (2.1 ) $ 3.6 Unrealized gains (losses) on cash flow hedges: Beginning balance $ 10.1 $ (2.1 ) $ 8.0 $ (14.4 ) $ 2.7 $ (11.7 ) Unrealized (losses) gains arising during the period (7.5 ) 1.7 (5.8 ) 14.5 (2.5 ) 12.0 Reclassifications of gains to: Cost of revenues (2.7 ) 0.6 (2.1 ) (0.6 ) 0.1 (0.5 ) Selling, general and administrative expenses (0.5 ) 0.1 (0.4 ) (0.1 ) — (0.1 ) Net change (10.7 ) 2.4 (8.3 ) 13.8 (2.4 ) 11.4 Ending balance $ (0.6 ) $ 0.3 $ (0.3 ) $ (0.6 ) $ 0.3 $ (0.3 ) Accumulated other comprehensive income (loss): Beginning balance $ (58.8 ) $ (2.8 ) $ (61.6 ) $ (111.1 ) $ 4.9 $ (106.2 ) Other comprehensive income (loss) (35.1 ) 1.0 (34.1 ) 17.2 (6.7 ) 10.5 Ending balance $ (93.9 ) $ (1.8 ) $ (95.7 ) $ (93.9 ) $ (1.8 ) $ (95.7 ) Changes in accumulated other comprehensive income (loss) by component were as follows for the three and six months ended June 30, 2015 : Three Months Six Months Before Tax Amount Tax Effect Net of Tax Amount Before Tax Tax Net of Tax (in millions) Foreign currency translation adjustments: Beginning balance $ (75.6 ) $ — $ (75.6 ) $ (34.8 ) $ — $ (34.8 ) Change in foreign currency translation adjustments 23.2 — 23.2 (17.6 ) — (17.6 ) Ending balance $ (52.4 ) $ — $ (52.4 ) $ (52.4 ) $ — $ (52.4 ) Unrealized gains (losses) on available-for-sale investment securities: Beginning balance $ 1.5 $ (0.7 ) $ 0.8 $ (2.4 ) $ 0.8 $ (1.6 ) Net unrealized (losses) gains arising during the period (1.6 ) 0.5 (1.1 ) 2.6 (1.2 ) 1.4 Reclassification of net (gains) to Other, net (0.4 ) 0.2 (0.2 ) (0.7 ) 0.4 (0.3 ) Net change (2.0 ) 0.7 (1.3 ) 1.9 (0.8 ) 1.1 Ending balance $ (0.5 ) $ — $ (0.5 ) $ (0.5 ) $ — $ (0.5 ) Unrealized gains (losses) on cash flow hedges: Beginning balance $ (54.2 ) $ 9.7 $ (44.5 ) $ (102.6 ) $ 15.9 $ (86.7 ) Net unrealized (losses) gains arising during the period (9.0 ) 1.8 (7.2 ) 25.7 (1.9 ) 23.8 Reclassifications of losses to: Cost of revenues 14.1 (2.6 ) 11.5 25.3 (4.6 ) 20.7 Selling, general and administrative expenses 3.1 (0.5 ) 2.6 5.6 (1.0 ) 4.6 Net change 8.2 (1.3 ) 6.9 56.6 (7.5 ) 49.1 Ending balance $ (46.0 ) $ 8.4 $ (37.6 ) $ (46.0 ) $ 8.4 $ (37.6 ) Accumulated other comprehensive income (loss): Beginning balance $ (128.3 ) $ 9.0 $ (119.3 ) $ (139.8 ) $ 16.7 $ (123.1 ) Other comprehensive income (loss) 29.4 (0.6 ) 28.8 40.9 (8.3 ) 32.6 Ending balance $ (98.9 ) $ 8.4 $ (90.5 ) $ (98.9 ) $ 8.4 $ (90.5 )

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
Commitments And Contingencies	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	Commitments and Contingencies As of June 30, 2016, we had outstanding fixed capital commitments of approximately $184.0 million related to our India development center expansion program to build new state-of-the-art IT development and delivery centers. We are involved in various claims and legal actions arising in the ordinary course of business. We accrue a liability when a loss is considered probable and the amount can be reasonably estimated. In the opinion of management, the outcome of any existing claims and legal or regulatory proceedings, if decided adversely, is not expected to have a material adverse effect on our business, financial condition, results of operations and cash flows. Additionally, many of our engagements involve projects that are critical to the operations of our customers’ business and provide benefits that are difficult to quantify. Any failure in a customer’s systems or our failure to meet our contractual obligations to our clients, including any breach involving a customer’s confidential information or sensitive data, or our obligations under applicable laws or regulations could result in a claim for substantial damages against us, regardless of our responsibility for such failure. Although we attempt to contractually limit our liability for damages arising from negligent acts, errors, mistakes, or omissions in rendering our services, there can be no assurance that the limitations of liability set forth in our contracts will be enforceable in all instances or will otherwise protect us from liability for damages. Although we have general liability insurance coverage, including coverage for errors or omissions, there can be no assurance that such coverage will cover all types of claims, continue to be available on reasonable terms or will be available in sufficient amounts to cover one or more large claims, or that the insurer will not disclaim coverage as to any future claim. The successful assertion of one or more large claims against us that exceed or are not covered by our insurance coverage or changes in our insurance policies, including premium increases or the imposition of large deductible or co-insurance requirements, could have a material adverse effect on our business, results of operations, financial condition and cash flows. In the normal course of business and in conjunction with certain client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients or other parties with whom we conduct business with respect to certain matters. These arrangements can include provisions whereby we agree to hold the indemnified party and certain of their affiliated entities harmless with respect to third-party claims related to such matters as our breach of certain representations or covenants, or out of our intellectual property infringement, our gross negligence or willful misconduct or certain other claims made against certain parties. Payments by us under any of these arrangements are generally conditioned on the client making a claim and providing us with full control over the defense and settlement of such claim. It is not possible to determine the maximum potential amount under these indemnification agreements due to the unique facts and circumstances involved in each particular agreement. Historically, we have not made payments under these indemnification agreements and therefore they have not had any impact on our operating results, financial position, or cash flows. However, if events arise requiring us to make payment for indemnification claims under our indemnification obligations in contracts we have entered, such payments could have material impact on our business, results of operations, financial condition and cash flows.

Segment Information

Segment Information	6 Months Ended
Segment Information	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information Our reportable segments are: • Financial Services, which includes customers providing banking/transaction processing, capital markets and insurance services; • Healthcare, which includes healthcare providers and payers as well as life sciences customers, including pharmaceutical, biotech and medical device companies; • Manufacturing/Retail/Logistics, which includes consumer goods, manufacturers, retailers, travel and other hospitality customers, as well as customers providing logistics services; and • Other, which is an aggregation of industry segments each of which, individually, represents less than 10% of consolidated revenues and segment operating profit. The Other reportable segment includes our information, media and entertainment services, communications and high technology operating segments. Our sales managers, account executives, account managers and project teams are aligned in accordance with the specific industries they serve. Our chief operating decision maker evaluates the Company’s performance and allocates resources based on segment revenues and operating profit. Segment operating profit is defined as income from operations before unallocated costs. Generally, operating expenses for each operating segment have similar characteristics and are subject to the same factors, pressures and challenges. However, the economic environment and its effects on industries served by our operating segments may affect revenue and operating expenses to differing degrees. Expenses included in segment operating profit consist principally of direct selling and delivery costs as well as a per seat charge for use of the development and delivery centers. Certain selling, general and administrative expenses, excess or shortfall of incentive compensation for delivery personnel as compared to target, stock-based compensation expense, a portion of depreciation and amortization and the impact of the settlements of our cash flow hedges are not allocated to individual segments in internal management reports used by the chief operating decision maker. Accordingly, such expenses are excluded from segment operating profit and are separately disclosed as “unallocated costs” and adjusted only against our total income from operations. Additionally, management has determined that it is not practical to allocate identifiable assets by segment, since such assets are used interchangeably among the segments. Revenues from external customers and segment operating profit, before unallocated expenses, for the Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other reportable segments were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Revenues: Financial Services $ 1,351.2 $ 1,250.1 $ 2,636.9 $ 2,411.2 Healthcare 958.8 897.3 1,872.9 1,776.4 Manufacturing/Retail/Logistics 660.4 578.3 1,292.9 1,127.2 Other 399.5 359.4 769.2 681.7 Total revenue $ 3,369.9 $ 3,085.1 $ 6,571.9 $ 5,996.5 Segment Operating Profit: Financial Services $ 459.3 $ 420.1 $ 882.3 $ 767.5 Healthcare 270.0 317.5 565.2 562.6 Manufacturing/Retail/Logistics 225.9 201.2 445.3 382.5 Other 134.0 122.9 255.6 214.9 Total segment operating profit 1,089.2 1,061.7 2,148.4 1,927.5 Less: unallocated costs 498.3 516.2 1,003.5 881.7 Income from operations $ 590.9 $ 545.5 $ 1,144.9 $ 1,045.8 In June 2016, we amended a fixed-price customer contract in which Cognizant is a subcontractor to a third party for the purpose of delivering healthcare-related implementation services to local government. This arrangement is accounted for using the percentage of completion method of revenue recognition. We revised our estimate of total revenue and total efforts required to complete the contract and as a result, we recognized a net pre-tax loss of $27.4 million during the three months ended June 30, 2016. This loss was reported in the Healthcare segment. Geographic Area Information Revenue and long-lived assets, by geographic area, are as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Revenues: (1) North America (2) $ 2,624.1 $ 2,423.9 $ 5,121.4 $ 4,715.9 United Kingdom 310.7 297.6 609.5 582.7 Rest of Europe 236.5 204.7 463.1 395.5 Europe - Total 547.2 502.3 1,072.6 978.2 Rest of World (3) 198.6 158.9 377.9 302.4 Total $ 3,369.9 $ 3,085.1 $ 6,571.9 $ 5,996.5 As of June 30, 2016 December 31, 2015 (in millions) Long-lived Assets: (4) North America (2) $ 273.7 $ 242.4 Europe 34.5 32.2 Rest of World (3)(5) 979.2 996.8 Total $ 1,287.4 $ 1,271.4 ________________ (1) Revenues are attributed to regions based upon customer location. (2) Substantially all relates to operations in the United States. (3) Includes our operations in Asia Pacific, the Middle East and Latin America. (4) Long-lived assets include property and equipment, net of accumulated depreciation and amortization. (5) Substantially all of these long-lived assets relate to our operations in India.

Interim Condensed Consolidate19

Interim Condensed Consolidated Financial Statements (Policies)	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements. In April 2015, the Financial Accounting Standards Board, or FASB, issued an update related to the presentation of debt issuance costs. The updated standard requires debt issuance costs, other than costs incurred to secure lines of credit, be presented in the balance sheet as a direct deduction from the carrying value of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by this update. The guidance is effective on a retrospective basis for fiscal years, and interim periods within those years, beginning on or after January 1, 2016. Thus, we have adopted this guidance as of January 1, 2016. We conformed prior period's presentation to current period's presentation on our consolidated statement of financial position. The adoption of this standard impacted financial statement presentation only and had no effect on our financial condition or results of operations. In April 2015, the FASB issued an update to the standard on internal-use software providing guidance to customers in evaluating whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the updated standard requires the customer to account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer is required to account for the arrangement as a service contract. The update is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2016. A company can elect to adopt the update either prospectively to all arrangements entered into or materially modified after the effective date or retrospectively. We have adopted this update prospectively beginning January 1, 2016. The adoption of this update had no material effect on our financial condition or results of operations. New Accounting Pronouncements. In May 2014, the FASB issued a standard on revenue from contracts with customers. In 2016, the FASB issued four amendments to the new standard. The new standard, as amended, sets forth a single comprehensive model for recognizing and reporting revenue. The standard also requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. The standard is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2018. Early adoption is permitted but not before periods beginning on or after January 1, 2017. The standard allows for two methods of adoption: the full retrospective adoption, which requires the standard to be applied to each prior period presented, or the modified retrospective adoption, which requires the cumulative effect of adoption to be recognized as an adjustment to opening retained earnings in the period of adoption. We are currently evaluating the effect the new standard will have on our consolidated financial statements and related disclosures. In January 2016, the FASB issued an update to the standard on financial instruments. The update significantly revises an entity’s accounting related to (1) the classification and measurement of investments in equity securities and (2) the presentation of certain fair value changes for financial liabilities measured at fair value. It also amends certain disclosure requirements. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2018. Upon adoption, entities will be required to make a cumulative-effect adjustment to the statement of financial position as of the beginning of the first reporting period in which the guidance is effective. However, the specific guidance on equity securities without readily determinable fair value will apply prospectively to all equity investments that exist as of the date of adoption. Early adoption of certain sections of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. In February 2016, the FASB issued a standard on lease accounting. The new standard replaces the existing guidance on leases and requires the lessee to recognize a right-of-use asset and a lease liability for all leases with lease terms equal to or greater than twelve months. For finance leases, the lessee would recognize interest expense and amortization of the right-of-use asset, and for operating leases, the lessee would recognize total lease expense on a straight-line basis. This standard is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2019. Upon adoption, entities will be required to use a modified retrospective transition which provides for certain practical expedients. Entities are required to apply the new standard at the beginning of the earliest comparative period presented. Early adoption of this new standard is permitted. We are currently evaluating the effect the new standard will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued an update to the standard on derivatives and hedging, which clarifies the effect of derivative contract novations on existing hedge accounting relationships. As it relates to derivative instruments, novation refers to replacing one of the parties to a derivative instrument with a new party, which may occur for a variety of reasons such as: financial institution mergers, intercompany transactions, an entity exiting a particular derivatives business or relationship, or because of laws or regulatory requirements. The update clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedge accounting relationship provided that all other hedge accounting criteria continue to be met. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2017. Upon adoption, entities can choose to apply the update on either a prospective basis or a modified retrospective basis. Early adoption of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. In March 2016, the FASB issued an update to the standard on stock compensation, which simplifies several aspects of the accounting for employee share-based payment transactions including the accounting for excess tax benefits and deficiencies, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2017. Upon adoption, entities will be required to apply a modified retrospective, prospective or retrospective transition method depending on the specific section of the guidance being adopted. Early adoption of this update is permitted. We are currently evaluating the effect the update will have on our consolidated financial statements and related disclosures. However, we expect the requirements to recognize excess tax benefits and deficiencies on stock awards in the income tax provision and to present the excess tax benefits and deficiencies in operating activities in the statement of cash flows to be the primary effects of this standard on our consolidated financial statements. In June 2016, the FASB issued an update to the standard on financial instruments, which amends the guidance on the impairment of financial instruments. The update changes the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded by introducing an approach based on expected losses. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. The update is effective for fiscal years, and interim periods within those fiscal years, beginning on or after January 1, 2021. Early adoption is permitted beginning on or after January 1, 2020. Upon adoption, entities will be required to use a modified retrospective transition approach. We are currently evaluating the impact of the new guidance on our consolidated financial statements.

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2016
Series of Individually Immaterial Business Acquisitions [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	These acquisitions were included in our unaudited condensed consolidated financial statements as of the date on which the businesses were acquired and were not material to our operations, financial position or cash flow. We have preliminarily allocated the purchase price related to these transactions to tangible and intangible assets and liabilities, including non-deductible goodwill, based on their fair values. Specifically-identified intangible assets and goodwill acquired were as follows: Fair Value Weighted Average Useful Life (in millions) Non-deductible goodwill 51.9 Customer relationship intangible assets 150.3 7.1 years Other intangible assets 0.2 1 year

Short-term Investments (Tables)

Short-term Investments (Tables)	6 Months Ended
Short-term Investments (Tables)	Jun. 30, 2016
Investments [Abstract]
Short-term investments	Our short-term investments were as follows: June 30, 2016 December 31, 2015 (in millions) Available-for-sale investment securities: U.S. Treasury and agency debt securities $ 639.4 $ 527.1 Corporate and other debt securities 396.8 360.5 Certificates of deposit and commercial paper 684.8 754.0 Asset-backed securities 168.2 229.6 Municipal debt securities 121.8 121.3 Mutual funds 23.0 22.3 Total available-for-sale investment securities 2,034.0 2,014.8 Time deposits 762.7 809.5 Total short-term investments $ 2,796.7 $ 2,824.3
Amortized Cost, Gross Unrealized Gains And Losses And Fair Value Of Investment Securities Available-For-Sale	The amortized cost, gross unrealized gains and losses and fair value of available-for-sale investment securities at June 30, 2016 were as follows: Amortized Cost Unrealized Gains Unrealized Losses Fair (in millions) U.S. Treasury and agency debt securities $ 636.7 $ 2.7 $ — $ 639.4 Corporate and other debt securities 394.9 2.0 (0.1 ) 396.8 Certificates of deposit and commercial paper 685.0 0.4 (0.6 ) 684.8 Asset-backed securities 167.5 0.7 — 168.2 Municipal debt securities 121.2 0.6 — 121.8 Mutual funds 26.0 — (3.0 ) 23.0 Total available-for-sale investment securities $ 2,031.3 $ 6.4 $ (3.7 ) $ 2,034.0 The amortized cost, gross unrealized gains and losses and fair value of available-for-sale investment securities at December 31, 2015 were as follows: Amortized Cost Unrealized Gains Unrealized Losses Fair Value (in millions) U.S. Treasury and agency debt securities $ 528.9 $ — $ (1.8 ) $ 527.1 Corporate and other debt securities 361.9 0.1 (1.5 ) 360.5 Certificates of deposit and commercial paper 754.0 0.1 (0.1 ) 754.0 Asset-backed securities 230.3 0.1 (0.8 ) 229.6 Municipal debt securities 121.2 0.2 (0.1 ) 121.3 Mutual funds 25.3 0.1 (3.1 ) 22.3 Total available-for-sale investment securities $ 2,021.6 $ 0.6 $ (7.4 ) $ 2,014.8
Available-For-Sale Securities In A Continuous Unrealized Loss Position	The fair value and related unrealized losses of available-for-sale investment securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer were as follows as of June 30, 2016 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (in millions) U.S. Treasury and agency debt securities $ 44.5 $ — $ — $ — $ 44.5 $ — Corporate and other debt securities 71.5 (0.1 ) 0.9 — 72.4 (0.1 ) Certificates of deposit and commercial paper 155.5 (0.6 ) — — 155.5 (0.6 ) Asset-backed securities 15.1 — 0.8 — 15.9 — Municipal debt securities 9.1 — 0.6 — 9.7 — Mutual funds 1.3 — 21.7 (3.0 ) 23.0 (3.0 ) Total $ 297.0 $ (0.7 ) $ 24.0 $ (3.0 ) $ 321.0 $ (3.7 ) The fair value and related unrealized losses of available-for-sale investment securities in a continuous unrealized loss position for less than 12 months and for 12 months or longer were as follows as of December 31, 2015 : Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (in millions) U.S. Treasury and agency debt securities $ 475.7 $ (1.8 ) $ — $ — $ 475.7 $ (1.8 ) Corporate and other debt securities 315.1 (1.5 ) 3.1 — 318.2 (1.5 ) Certificates of deposit and commercial paper 271.5 (0.1 ) — — 271.5 (0.1 ) Asset-backed securities 199.4 (0.7 ) 11.4 (0.1 ) 210.8 (0.8 ) Municipal debt securities 56.5 (0.1 ) — — 56.5 (0.1 ) Mutual funds — — 21.1 (3.1 ) 21.1 (3.1 ) Total $ 1,318.2 $ (4.2 ) $ 35.6 $ (3.2 ) $ 1,353.8 $ (7.4 )
Contractual Maturities Of Investments In Debt Securities Available-For-Sale	The contractual maturities of our fixed income available-for-sale investment securities as of June 30, 2016 are set forth in the following table: Amortized Cost Fair Value (in millions) Due within one year $ 877.5 $ 877.6 Due after one year up to two years 527.5 529.3 Due after two years up to three years 334.0 336.2 Due after three years up to four years 98.8 99.7 Asset-backed securities 167.5 168.2 Fixed income available-for-sale investment securities $ 2,005.3 $ 2,011.0
Gross Gains (Losses) Realized On Sales, Maturities And Other Securities Transactions Related To Investment Securities	Proceeds from sales of available-for-sale investment securities and the gross gains and losses that have been included in earnings as a result of those sales were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Proceeds from sales of available-for-sale investment securities $ 1,816.6 $ 246.3 $ 2,378.2 $ 428.1 Gross gains $ 4.2 $ 0.5 $ 4.5 $ 0.9 Gross losses (0.1 ) — (0.4 ) (0.1 ) Net realized gains on sales of available-for-sale investment securities $ 4.1 $ 0.5 $ 4.1 $ 0.8

Accrued Expenses And Other Cu22

Accrued Expenses And Other Current Liabilities (Tables)	6 Months Ended
Accrued Expenses And Other Current Liabilities (Tables)	Jun. 30, 2016
Payables and Accruals [Abstract]
Accrued Expenses And Other Current Liabilities	Accrued expenses and other current liabilities were as follows: June 30, 2016 December 31, 2015 (in millions) Compensation and benefits $ 955.2 $ 1,272.0 Income taxes 34.6 17.1 Professional fees 74.3 69.6 Travel and entertainment 32.5 29.8 Customer volume incentives 222.4 236.1 Derivative financial instruments 6.2 10.9 Other 239.8 182.9 Total accrued expenses and other current liabilities $ 1,565.0 $ 1,818.4

Debt (Tables)

Debt (Tables)	6 Months Ended
Debt (Tables)	Jun. 30, 2016
Debt Disclosure [Abstract]
Summary of Short-term Debt	Short-term Debt The following summarizes our short-term debt balances as of: June 30, 2016 December 31, 2015 (in millions) Notes outstanding under revolving credit facility $ — $ 350.0 Term loan - current maturities 68.8 56.3 Total short-term debt $ 68.8 $ 406.3
Summary of Long-term Debt	Long-term Debt The following summarizes our long-term debt balances as of: June 30, 2016 December 31, 2015 (in millions) Term loan, due 2019 $ 912.5 $ 937.5 Less: Current maturities (68.8 ) (56.3 ) Deferred financing costs (3.7 ) (4.4 ) Long-term debt, net $ 840.0 $ 876.8

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
Income Taxes (Tables)	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule Of Effective Income Tax Rates	Our effective income tax rates were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Effective income tax rate 57.6 % 23.5 % 41.4 % 24.2 %

Derivative Financial Instrume25

Derivative Financial Instruments (Tables)	6 Months Ended
Derivative Financial Instruments (Tables)	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Location And Fair Values Of Derivative Financial Instruments In Our Condensed Consolidated Statements Of Financial Position	The following table provides information on the location and fair values of derivative financial instruments included in our unaudited condensed consolidated statement of financial position as of: June 30, 2016 December 31, 2015 Designation of Derivatives Location on Statement of Financial Position Assets Liabilities Assets Liabilities (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments Other current assets $ 10.9 $ — $ 7.2 $ — Other noncurrent assets 2.9 — 1.6 — Accrued expenses and other current liabilities — 6.2 — 9.7 Other noncurrent liabilities — 8.2 — 13.5 Total 13.8 14.4 8.8 23.2 Foreign exchange forward contracts – Not designated as hedging instruments Other current assets 2.3 — 0.4 — Accrued expenses and other current liabilities — — — 1.2 Total 2.3 — 0.4 1.2 Total $ 16.1 $ 14.4 $ 9.2 $ 24.4
Notional value of outstanding contracts by year of maturity	The notional value of our outstanding contracts by year of maturity and the net unrealized gains (losses) included in accumulated other comprehensive income (loss) for such contracts were as follows as of: June 30, 2016 December 31, 2015 (in millions) 2016 $ 615.0 $ 1,215.0 2017 1,050.0 900.0 2018 405.0 330.0 Total notional value of contracts outstanding $ 2,070.0 $ 2,445.0 Net unrealized (losses) included in accumulated other comprehensive income (loss), net of taxes $ (0.3 ) $ (11.7 )
Location And Amounts Of Pre-Tax Gains (Losses) on Cash Flow Hedges	The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the three months ended June 30 : Change in Derivative Gains/Losses Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion) Location of Net Derivative Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) Net Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments $ (7.5 ) $ (9.0 ) Cost of revenues $ 2.7 $ (14.1 ) Selling, general and administrative expenses 0.5 (3.1 ) Total $ 3.2 $ (17.2 ) The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the six months ended June 30 : Change in Derivative Gains/Losses Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion) Location of Net Derivative Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) Net Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (effective portion) 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Designated as cash flow hedging instruments $ 14.5 $ 25.7 Cost of revenues $ 0.6 $ (25.3 ) Selling, general and administrative expenses 0.1 (5.6 ) Total $ 0.7 $ (30.9 )
Additional Information Related To Outstanding Contracts Not Designated As Hedging Instruments	Additional information related to our outstanding foreign exchange forward contracts not designated as hedging instruments is as follows: June 30, 2016 December 31, 2015 Notional Market Value Notional Market Value (in millions) Contracts outstanding $ 211.3 $ 2.3 $ 165.5 $ (0.8 )
Location And Amounts Of Pre-Tax Gains (Losses) On Derivative Financial Instruments Not Designated As Hedges	The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on our other derivative financial instruments for the three and six months ended June 30, 2016 and 2015 : Location of Net Gains (Losses) on Derivative Instruments Amount of Net Gains (Losses) on Derivative Instruments Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in millions) Foreign exchange forward contracts – Not designated as hedging instruments Foreign currency exchange gains (losses), net $ 2.5 $ 0.1 $ (0.3 ) $ (1.7 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Financial Assets And (Liabilities) Measured At Fair Value On A Recurring Basis	The following table summarizes our financial assets and (liabilities) measured at fair value on a recurring basis as of June 30, 2016 : Level 1 Level 2 Level 3 Total (in millions) Cash equivalents: Money market funds $ 262.6 $ — $ — $ 262.6 Time deposits — 25.0 — 25.0 Certificates of deposit and commercial paper — 152.2 — 152.2 Total cash equivalents 262.6 177.2 — 439.8 Short-term investments: Time deposits — 762.7 — 762.7 Available-for-sale investment securities: U.S. Treasury and agency debt securities 600.3 39.1 — 639.4 Corporate and other debt securities — 396.8 — 396.8 Certificates of deposit and commercial paper — 684.8 — 684.8 Asset-backed securities — 168.2 — 168.2 Municipal debt securities — 121.8 — 121.8 Total available-for-sale investment securities (1) 600.3 1,410.7 — 2,011.0 Total short-term investments (1) 600.3 2,173.4 — 2,773.7 Derivative financial instruments - foreign exchange forward contracts: Other current assets — 13.2 — 13.2 Accrued expenses and other current liabilities — (6.2 ) — (6.2 ) Other noncurrent assets — 2.9 — 2.9 Other noncurrent liabilities — (8.2 ) — (8.2 ) Total $ 862.9 $ 2,352.3 $ — $ 3,215.2 ________________ (1) Excludes mutual funds valued at $23.0 million based on the net asset value, or NAV, of the fund at June 30, 2016. The following table summarizes our financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2015 : Level 1 Level 2 Level 3 Total (in millions) Cash equivalents: Money market funds $ 495.9 $ — $ — $ 495.9 Total cash equivalents 495.9 — — 495.9 Short-term investments: Time deposits — 809.5 — 809.5 Available-for-sale investment securities: U.S. Treasury and agency debt securities 463.7 63.4 — 527.1 Corporate and other debt securities — 360.5 — 360.5 Certificates of deposit and commercial paper — 754.0 — 754.0 Asset-backed securities — 229.6 — 229.6 Municipal debt securities — 121.3 — 121.3 Total available-for-sale investment securities (1) 463.7 1,528.8 — 1,992.5 Total short-term investments (1) 463.7 2,338.3 — 2,802.0 Derivative financial instruments - foreign exchange forward contracts: Other current assets — 7.6 — 7.6 Accrued expenses and other current liabilities — (10.9 ) — (10.9 ) Other noncurrent assets — 1.6 — 1.6 Other noncurrent liabilities — (13.5 ) — (13.5 ) Total $ 959.6 $ 2,323.1 $ — $ 3,282.7 ________________ (1) Excludes mutual funds valued at $22.3 million based on the net asset value, or NAV, of the fund at December 31, 2015

Accumulated Other Comprehensi27

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
Accumulated Other Comprehensive Income (Loss) (Tables)	Jun. 30, 2016
Equity [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)	Changes in accumulated other comprehensive income (loss) by component were as follows for the three and six months ended June 30, 2016 : Three Months Six Months Before Tax Amount Tax Effect Net of Tax Amount Before Tax Tax Net of Tax (in millions) Foreign currency translation adjustments: Beginning balance $ (70.4 ) $ — $ (70.4 ) $ (89.9 ) $ — $ (89.9 ) Change in foreign currency translation adjustments (28.6 ) — (28.6 ) (9.1 ) — (9.1 ) Ending balance $ (99.0 ) $ — $ (99.0 ) $ (99.0 ) $ — $ (99.0 ) Unrealized gains (losses) on available-for-sale investment securities: Beginning balance $ 1.5 $ (0.7 ) $ 0.8 $ (6.8 ) $ 2.2 $ (4.6 ) Net unrealized gains arising during the period 5.3 (1.7 ) 3.6 13.6 (4.6 ) 9.0 Reclassification of net (gains) to Other, net (4.1 ) 1.5 (2.6 ) (4.1 ) 1.5 (2.6 ) Other-than-temporary impairment losses on investment securities recognized in earnings 3.0 (1.2 ) 1.8 3.0 (1.2 ) 1.8 Net change 4.2 (1.4 ) 2.8 12.5 (4.3 ) 8.2 Ending balance $ 5.7 $ (2.1 ) $ 3.6 $ 5.7 $ (2.1 ) $ 3.6 Unrealized gains (losses) on cash flow hedges: Beginning balance $ 10.1 $ (2.1 ) $ 8.0 $ (14.4 ) $ 2.7 $ (11.7 ) Unrealized (losses) gains arising during the period (7.5 ) 1.7 (5.8 ) 14.5 (2.5 ) 12.0 Reclassifications of gains to: Cost of revenues (2.7 ) 0.6 (2.1 ) (0.6 ) 0.1 (0.5 ) Selling, general and administrative expenses (0.5 ) 0.1 (0.4 ) (0.1 ) — (0.1 ) Net change (10.7 ) 2.4 (8.3 ) 13.8 (2.4 ) 11.4 Ending balance $ (0.6 ) $ 0.3 $ (0.3 ) $ (0.6 ) $ 0.3 $ (0.3 ) Accumulated other comprehensive income (loss): Beginning balance $ (58.8 ) $ (2.8 ) $ (61.6 ) $ (111.1 ) $ 4.9 $ (106.2 ) Other comprehensive income (loss) (35.1 ) 1.0 (34.1 ) 17.2 (6.7 ) 10.5 Ending balance $ (93.9 ) $ (1.8 ) $ (95.7 ) $ (93.9 ) $ (1.8 ) $ (95.7 ) Changes in accumulated other comprehensive income (loss) by component were as follows for the three and six months ended June 30, 2015 : Three Months Six Months Before Tax Amount Tax Effect Net of Tax Amount Before Tax Tax Net of Tax (in millions) Foreign currency translation adjustments: Beginning balance $ (75.6 ) $ — $ (75.6 ) $ (34.8 ) $ — $ (34.8 ) Change in foreign currency translation adjustments 23.2 — 23.2 (17.6 ) — (17.6 ) Ending balance $ (52.4 ) $ — $ (52.4 ) $ (52.4 ) $ — $ (52.4 ) Unrealized gains (losses) on available-for-sale investment securities: Beginning balance $ 1.5 $ (0.7 ) $ 0.8 $ (2.4 ) $ 0.8 $ (1.6 ) Net unrealized (losses) gains arising during the period (1.6 ) 0.5 (1.1 ) 2.6 (1.2 ) 1.4 Reclassification of net (gains) to Other, net (0.4 ) 0.2 (0.2 ) (0.7 ) 0.4 (0.3 ) Net change (2.0 ) 0.7 (1.3 ) 1.9 (0.8 ) 1.1 Ending balance $ (0.5 ) $ — $ (0.5 ) $ (0.5 ) $ — $ (0.5 ) Unrealized gains (losses) on cash flow hedges: Beginning balance $ (54.2 ) $ 9.7 $ (44.5 ) $ (102.6 ) $ 15.9 $ (86.7 ) Net unrealized (losses) gains arising during the period (9.0 ) 1.8 (7.2 ) 25.7 (1.9 ) 23.8 Reclassifications of losses to: Cost of revenues 14.1 (2.6 ) 11.5 25.3 (4.6 ) 20.7 Selling, general and administrative expenses 3.1 (0.5 ) 2.6 5.6 (1.0 ) 4.6 Net change 8.2 (1.3 ) 6.9 56.6 (7.5 ) 49.1 Ending balance $ (46.0 ) $ 8.4 $ (37.6 ) $ (46.0 ) $ 8.4 $ (37.6 ) Accumulated other comprehensive income (loss): Beginning balance $ (128.3 ) $ 9.0 $ (119.3 ) $ (139.8 ) $ 16.7 $ (123.1 ) Other comprehensive income (loss) 29.4 (0.6 ) 28.8 40.9 (8.3 ) 32.6 Ending balance $ (98.9 ) $ 8.4 $ (90.5 ) $ (98.9 ) $ 8.4 $ (90.5 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Jun. 30, 2016
Segment Reporting [Abstract]
Revenues From External Customers And Segment Operating Profit	Revenues from external customers and segment operating profit, before unallocated expenses, for the Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other reportable segments were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Revenues: Financial Services $ 1,351.2 $ 1,250.1 $ 2,636.9 $ 2,411.2 Healthcare 958.8 897.3 1,872.9 1,776.4 Manufacturing/Retail/Logistics 660.4 578.3 1,292.9 1,127.2 Other 399.5 359.4 769.2 681.7 Total revenue $ 3,369.9 $ 3,085.1 $ 6,571.9 $ 5,996.5 Segment Operating Profit: Financial Services $ 459.3 $ 420.1 $ 882.3 $ 767.5 Healthcare 270.0 317.5 565.2 562.6 Manufacturing/Retail/Logistics 225.9 201.2 445.3 382.5 Other 134.0 122.9 255.6 214.9 Total segment operating profit 1,089.2 1,061.7 2,148.4 1,927.5 Less: unallocated costs 498.3 516.2 1,003.5 881.7 Income from operations $ 590.9 $ 545.5 $ 1,144.9 $ 1,045.8
Revenues And Long-Lived Assets By Geographic Area	Revenue and long-lived assets, by geographic area, are as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 (in millions) Revenues: (1) North America (2) $ 2,624.1 $ 2,423.9 $ 5,121.4 $ 4,715.9 United Kingdom 310.7 297.6 609.5 582.7 Rest of Europe 236.5 204.7 463.1 395.5 Europe - Total 547.2 502.3 1,072.6 978.2 Rest of World (3) 198.6 158.9 377.9 302.4 Total $ 3,369.9 $ 3,085.1 $ 6,571.9 $ 5,996.5 As of June 30, 2016 December 31, 2015 (in millions) Long-lived Assets: (4) North America (2) $ 273.7 $ 242.4 Europe 34.5 32.2 Rest of World (3)(5) 979.2 996.8 Total $ 1,287.4 $ 1,271.4 ________________ (1) Revenues are attributed to regions based upon customer location. (2) Substantially all relates to operations in the United States. (3) Includes our operations in Asia Pacific, the Middle East and Latin America. (4) Long-lived assets include property and equipment, net of accumulated depreciation and amortization. (5) Substantially all of these long-lived assets relate to our operations in India.

Interim Condensed Consolidate29

Interim Condensed Consolidated Financial Statements (Details) - USD ($) shares in Millions	6 Months Ended
	Jun. 30, 2016	Aug. 04, 2016
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount	$ 2,000,000,000
Existing Stock Repurchase Program [Member] \| Common Class A [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchased during period, shares	5.1
Stock repurchased during period, value	$ 294,600,000
Stock-based compensation plan [Member] \| Common Class A [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchased during period, shares	0.7
Stock repurchased during period, value	$ 40,500,000
Remaining available balance under Board authorization for stock repurchases	$ 143,300,000
Subsequent Event [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount		$ 3,000,000,000

Business Combinations (Details)

Business Combinations (Details) - Series of Individually Immaterial Business Acquisitions [Member] $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)business
Business Acquisition [Line Items]
Number of business combinations (business) \| business	3
Consideration transferred	$ 91.8
Goodwill	51.9
Customer Relationships [Member]
Business Acquisition [Line Items]
Intangible assets	$ 150.3
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years 1 month
Other Intangible Assets [Member]
Business Acquisition [Line Items]
Intangible assets	$ 0.2
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	1 year

Business Combinations Equity 31

Business Combinations Equity Method Investment (Details) - USD ($)	1 Months Ended
	Apr. 30, 2016	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Ownership interest in equity method investment	49.00%	49.00%
Purchase price of equity method investment	$ 59,100,000
Remaining ownership interest, equity method investment	51.00%
Liability for written put option		$ 1,300,000
Potential additional contingent payments	$ 100,000,000

Short-term Investments (Investm

Short-term Investments (Investments) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	$ 2,034	$ 2,014.8
Time deposits	762.7	809.5
Short-term Investments, Total	2,796.7	2,824.3
U.S. Treasury And Agency Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	639.4	527.1
Corporate And Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	396.8	360.5
Certificates of Deposit and Commercial Paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	684.8	754
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	168.2	229.6
Municipal Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	121.8	121.3
Mutual Funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale investment securities	$ 23	$ 22.3

Short-term Investments (Amortiz

Short-term Investments (Amortized Cost, Gross Unrealized Gains And Losses And Fair Value Of Investment Securities Available-For-Sale) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 2,031.3	$ 2,021.6
Unrealized Gains	6.4	0.6
Unrealized Losses	(3.7)	(7.4)
Available-for-sale securities, current	2,034	2,014.8
U.S. Treasury And Agency Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	636.7	528.9
Unrealized Gains	2.7	0
Unrealized Losses	0	(1.8)
Available-for-sale securities, current	639.4	527.1
Corporate And Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	394.9	361.9
Unrealized Gains	2	0.1
Unrealized Losses	(0.1)	(1.5)
Available-for-sale securities, current	396.8	360.5
Certificates of Deposit and Commercial Paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	685	754
Unrealized Gains	0.4	0.1
Unrealized Losses	(0.6)	(0.1)
Available-for-sale securities, current	684.8	754
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	167.5	230.3
Unrealized Gains	0.7	0.1
Unrealized Losses	0	(0.8)
Available-for-sale securities, current	168.2	229.6
Municipal Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	121.2	121.2
Unrealized Gains	0.6	0.2
Unrealized Losses	0	(0.1)
Available-for-sale securities, current	121.8	121.3
Mutual Funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	26	25.3
Unrealized Gains	0	0.1
Unrealized Losses	(3)	(3.1)
Available-for-sale securities, current	$ 23	$ 22.3

Short-term Investments (Availab

Short-term Investments (Available-For-Sale Securities In A Continuous Unrealized Loss Position) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	$ 297	$ 1,318.2
Unrealized losses, available-for-sale securities, Less than 12 Months	(0.7)	(4.2)
Fair value available-for-sale securities 12 Months or More	24	35.6
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	3	3.2
Total Fair Value available-for-sale securities	321	1,353.8
Unrealized losses, available-for-sale securities, Total	(3.7)	(7.4)
U.S. Treasury And Agency Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	44.5	475.7
Unrealized losses, available-for-sale securities, Less than 12 Months	0	(1.8)
Fair value available-for-sale securities 12 Months or More	0	0
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	0	0
Total Fair Value available-for-sale securities	44.5	475.7
Unrealized losses, available-for-sale securities, Total	0	(1.8)
Corporate And Other Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	71.5	315.1
Unrealized losses, available-for-sale securities, Less than 12 Months	(0.1)	(1.5)
Fair value available-for-sale securities 12 Months or More	0.9	3.1
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	0	0
Total Fair Value available-for-sale securities	72.4	318.2
Unrealized losses, available-for-sale securities, Total	(0.1)	(1.5)
Certificates of Deposit and Commercial Paper [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	155.5	271.5
Unrealized losses, available-for-sale securities, Less than 12 Months	(0.6)	(0.1)
Fair value available-for-sale securities 12 Months or More	0	0
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	0	0
Total Fair Value available-for-sale securities	155.5	271.5
Unrealized losses, available-for-sale securities, Total	(0.6)	(0.1)
Asset-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	15.1	199.4
Unrealized losses, available-for-sale securities, Less than 12 Months	0	(0.7)
Fair value available-for-sale securities 12 Months or More	0.8	11.4
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	0	0.1
Total Fair Value available-for-sale securities	15.9	210.8
Unrealized losses, available-for-sale securities, Total	0	(0.8)
Municipal Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	9.1	56.5
Unrealized losses, available-for-sale securities, Less than 12 Months	0	(0.1)
Fair value available-for-sale securities 12 Months or More	0.6	0
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	0	0
Total Fair Value available-for-sale securities	9.7	56.5
Unrealized losses, available-for-sale securities, Total	0	(0.1)
Mutual Funds [Member]
Schedule of Available-for-sale Securities [Line Items]
Fair Value available-for-sale securities Less than 12 Months	1.3	0
Unrealized losses, available-for-sale securities, Less than 12 Months	0	0
Fair value available-for-sale securities 12 Months or More	21.7	21.1
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	3	3.1
Total Fair Value available-for-sale securities	23	21.1
Unrealized losses, available-for-sale securities, Total	(3)	$ (3.1)
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	$ 3

Short-term Investments (Contrac

Short-term Investments (Contractual Maturities Of Investments In Debt Securities Available-For-Sale) (Details) $ in Millions	Jun. 30, 2016USD ($)
Amortized Cost
Due within one year	$ 877.5
Due after one year up to two years	527.5
Due after two years up to three years	334
Due after three years up to four years	98.8
Asset-backed securities	167.5
Amortized Cost	2,005.3
Fair Value
Due within one year	877.6
Due after one year up to two years	529.3
Due after two years up to three years	336.2
Due after three years up to four years	99.7
Asset-backed securities	168.2
Fair Value	$ 2,011

Short-term Investments (Gross G

Short-term Investments (Gross Gains (Losses) Realized On Sales, Maturities And Other Securities Transactions Related To Investment Securities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Investments [Abstract]
Proceeds from sales of available-for-sale investment securities	$ 1,816.6	$ 246.3	$ 2,378.2	$ 428.1
Gross gains	4.2	0.5	4.5	0.9
Gross losses	(0.1)	0	(0.4)	(0.1)
Net realized gains on sales of available-for-sale investment securities	$ 4.1	$ 0.5	$ 4.1	$ 0.8

Accrued Expenses And Other Cu37

Accrued Expenses And Other Current Liabilities (Accrued Expenses And Other Current Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Compensation and benefits	$ 955.2	$ 1,272
Income Taxes	34.6	17.1
Professional fees	74.3	69.6
Travel and entertainment	32.5	29.8
Customer volume incentives	222.4	236.1
Derivative financial instruments	6.2	10.9
Other	239.8	182.9
Accrued Liabilities and Other Liabilities	$ 1,565	$ 1,818.4

Debt - Additional Disclosures (

Debt - Additional Disclosures (Details)	Nov. 20, 2014USD ($)
Term Loan [Member]
Line of Credit Facility [Line Items]
Principal amount of debt	$ 1,000,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 750,000,000
Period drawn notes have been outstanding	90 days

Debt - Short-term Debt (Details

Debt - Short-term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Total short-term debt	$ 68.8	$ 406.3
Revolving Credit Facility [Member]
Short-term Debt [Line Items]
Notes outstanding under revolving credit facility	0	350
Term Loan [Member]
Short-term Debt [Line Items]
Term loan - current maturities	$ 68.8	$ 56.3

Debt - Long-term Debt (Details)

Debt - Long-term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt, net of current maturities	$ 840	$ 876.8
Term Loan [Member]
Debt Instrument [Line Items]
Term loan, due 2019	912.5	937.5
Current maturities	(68.8)	(56.3)
Debt Issuance Costs, Net	(3.7)	(4.4)
Long-term debt, net of current maturities	$ 840	$ 876.8

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended				6 Months Ended		12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Millions	May 31, 2016	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2016
One-time Transaction [Table] [Line Items]
Income tax expense				$ 342.4	$ 128.7	$ 490.3	$ 256.4
Incentive period for SEZs, years						15 years
Current MAT rate						21.30%
Regular corporate income tax rate in India						34.60%
India Cash Remittance [Member]
One-time Transaction [Table] [Line Items]
Foreign Earnings Repatriated	$ 2,800
Income tax expense				190
India Cash Remittance [Member] \| U.S.
One-time Transaction [Table] [Line Items]
Foreign Earnings Repatriated	1,200
Foreign Earnings Repatriated, Net of Tax	1,000
India Cash Remittance [Member] \| Outside of U.S.
One-time Transaction [Table] [Line Items]
Foreign Earnings Repatriated	$ 1,600
India Cash Remittance [Member] \| Scenario, Forecast
One-time Transaction [Table] [Line Items]
Income tax expense								$ 237.5
India Cash Remittance Current Year Earnings [Member] [Domain] \| Scenario, Forecast
One-time Transaction [Table] [Line Items]
Income tax expense		$ 23.7	$ 23.7
India Cash Remittance - Historic Undistributed Accumulated Earnings [Member] [Domain]
One-time Transaction [Table] [Line Items]
Income tax expense				$ 142.6

Income Taxes (Schedule Of Effec

Income Taxes (Schedule Of Effective Tax Rate) (Details)	3 Months Ended		6 Months Ended
Income Taxes (Schedule Of Effective Tax Rate) (Details)	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Effective income tax rate	57.60%	23.50%	41.40%	24.20%

Derivative Financial Instrume43

Derivative Financial Instruments (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cash flow hedge gains expected to be reclassified to earnings within the next 12 months	$ 3.6
Cash flow hedge ineffectiveness is immaterial	Hedge ineffectiveness was immaterial for all periods presented.

Derivative Financial Instrume44

Derivative Financial Instruments (Location And Fair Values Of Derivative Financial Instruments In Our Consolidated Statement Of Financial Position) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Derivative assets fair value	$ 16.1	$ 9.2
Derivative liabilities fair value	14.4	24.4
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative assets fair value	13.8	8.8
Derivative liabilities fair value	14.4	23.2
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets fair value	10.9	7.2
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets fair value	2.9	1.6
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities fair value	6.2	9.7
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities fair value	8.2	13.5
Other Derivatives [Member] \| Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Derivative assets fair value	2.3	0.4
Derivative liabilities fair value	0	1.2
Other Derivatives [Member] \| Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets fair value	2.3	0.4
Other Derivatives [Member] \| Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities fair value	$ 0	$ 1.2

Derivative Financial Instrume45

Derivative Financial Instruments (Notional Value Of Outstanding Cash Flow Hedge Contracts By Year Of Maturity And Net Unrealized (Loss) Gain Included In Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Derivative [Line Items]
Net unrealized (losses) included in accumulated other comprehensive income (loss), net of taxes	$ (0.3)	$ 8	$ (11.7)	$ (37.6)	$ (44.5)	$ (86.7)
Foreign Exchange Forward [Member]
Derivative [Line Items]
Net unrealized (losses) included in accumulated other comprehensive income (loss), net of taxes	(0.3)		(11.7)
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Notional value of contracts outstanding	2,070		2,445
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward, Maturity 2016 [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Notional value of contracts outstanding	615		1,215
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward, Maturity 2017 [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Notional value of contracts outstanding	1,050		900
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward, Maturity 2018 [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Notional value of contracts outstanding	$ 405		$ 330

Derivative Financial Instrume46

Derivative Financial Instruments (Location And Amounts Of Pre-Tax Gains (Losses) On Cash Flow Hedge Derivatives Financial Instruments) (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 3.2	$ (17.2)	$ 0.7	$ (30.9)
Cost Of Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2.7	(14.1)	0.6	(25.3)
Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0.5	(3.1)	0.1	(5.6)
Foreign Exchange Forward [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Increase (decrease) in Derivative Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) (effective portion)	$ (7.5)	$ (9)	$ 14.5	$ 25.7

Derivative Financial Instrume47

Derivative Financial Instruments (Other Derivatives) (Details) - Not Designated as Hedging Instrument [Member] - Foreign Exchange Forward [Member] - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional	$ 211.3	$ 165.5
Market Value	$ 2.3	$ (0.8)

Derivative Financial Instrume48

Derivative Financial Instruments (Location And Amounts Of Pre-Tax Gains (Losses) On Derivative Financial Instruments Not Designated As Hedges) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Foreign Currency Exchange Gains (Losses), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of net gains (losses) on derivative instruments	$ 2.5	$ 0.1	$ (0.3)	$ (1.7)

Fair Value Measurements (Financ

Fair Value Measurements (Financial Assets And (Liabilities) Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	$ 2,034	$ 2,014.8
U.S. Treasury And Agency Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	639.4	527.1
Corporate And Other Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	396.8	360.5
Certificates of Deposit and Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	684.8	754
Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	168.2	229.6
Municipal Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	121.8	121.3
Mutual Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, current	23	22.3
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	439.8	495.9
Time deposits	762.7	809.5
Available-for-sale investment securities	2,011	1,992.5
Investments	2,773.7	2,802
Total	3,215.2	3,282.7
Recurring [Member] \| Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	13.2	7.6
Recurring [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	(6.2)	(10.9)
Recurring [Member] \| Other Noncurrent Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	2.9	1.6
Recurring [Member] \| Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	(8.2)	(13.5)
Recurring [Member] \| U.S. Treasury And Agency Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	639.4	527.1
Recurring [Member] \| Corporate And Other Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	396.8	360.5
Recurring [Member] \| Certificates of Deposit and Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	684.8	754
Recurring [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	168.2	229.6
Recurring [Member] \| Municipal Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	121.8	121.3
Recurring [Member] \| Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	262.6	495.9
Recurring [Member] \| Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	25
Recurring [Member] \| Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	152.2
Recurring [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	262.6	495.9
Time deposits	0	0
Available-for-sale investment securities	600.3	463.7
Investments	600.3	463.7
Total	862.9	959.6
Recurring [Member] \| Level 1 [Member] \| Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	0	0
Recurring [Member] \| Level 1 [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	0	0
Recurring [Member] \| Level 1 [Member] \| Other Noncurrent Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	0	0
Recurring [Member] \| Level 1 [Member] \| Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	0	0
Recurring [Member] \| Level 1 [Member] \| U.S. Treasury And Agency Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	600.3	463.7
Recurring [Member] \| Level 1 [Member] \| Corporate And Other Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 1 [Member] \| Certificates of Deposit and Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 1 [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 1 [Member] \| Municipal Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 1 [Member] \| Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	262.6	495.9
Recurring [Member] \| Level 1 [Member] \| Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
Recurring [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	177.2	0
Time deposits	762.7	809.5
Available-for-sale investment securities	1,410.7	1,528.8
Investments	2,173.4	2,338.3
Total	2,352.3	2,323.1
Recurring [Member] \| Level 2 [Member] \| Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	13.2	7.6
Recurring [Member] \| Level 2 [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	(6.2)	(10.9)
Recurring [Member] \| Level 2 [Member] \| Other Noncurrent Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	2.9	1.6
Recurring [Member] \| Level 2 [Member] \| Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	(8.2)	(13.5)
Recurring [Member] \| Level 2 [Member] \| U.S. Treasury And Agency Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	39.1	63.4
Recurring [Member] \| Level 2 [Member] \| Corporate And Other Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	396.8	360.5
Recurring [Member] \| Level 2 [Member] \| Certificates of Deposit and Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	684.8	754
Recurring [Member] \| Level 2 [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	168.2	229.6
Recurring [Member] \| Level 2 [Member] \| Municipal Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	121.8	121.3
Recurring [Member] \| Level 2 [Member] \| Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Recurring [Member] \| Level 2 [Member] \| Bank Time Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	25
Recurring [Member] \| Level 2 [Member] \| Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	152.2
Recurring [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Time deposits	0	0
Available-for-sale investment securities	0	0
Investments	0	0
Total	0	0
Recurring [Member] \| Level 3 [Member] \| Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	0	0
Recurring [Member] \| Level 3 [Member] \| Accrued Expenses And Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	0	0
Recurring [Member] \| Level 3 [Member] \| Other Noncurrent Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, assets	0	0
Recurring [Member] \| Level 3 [Member] \| Other Noncurrent Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instruments, liabilities	0	0
Recurring [Member] \| Level 3 [Member] \| U.S. Treasury And Agency Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 3 [Member] \| Corporate And Other Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0
Recurring [Member] \| Level 3 [Member] \| Certificates of Deposit and Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 3 [Member] \| Asset-Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 3 [Member] \| Municipal Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale investment securities	0	0
Recurring [Member] \| Level 3 [Member] \| Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		$ 0
Recurring [Member] \| Level 3 [Member] \| Commercial Paper [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 0

Accumulated Other Comprehensi50

Accumulated Other Comprehensive Income (Loss) (Schedule Of Changes In Accumulated Other Comprehensive Income (Loss) By Component) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Foreign Currency Translation Adjustment, Before Taxes [Roll Forward]
Foreign currency translation adjustments, beginning balance, before tax	$ (70.4)	$ (75.6)	$ (89.9)	$ (34.8)
Change in foreign currency translation, before tax	(28.6)	23.2	(9.1)	(17.6)
Foreign currency translation adjustments, ending balance, before tax	(99)	(52.4)	(99)	(52.4)
Foreign Currency Translation Adjustment, Tax [Roll Forward]
Foreign currency translation adjustment, beginning balance, tax	0	0	0	0
Change in foreign currency translation, tax	0	0	0	0
Foreign currency translation adjustment, ending balance, tax	0	0	0	0
Foreign Currency Translation Adjustment, Net of Tax [Roll Forward]
Foreign currency translation adjustments, beginning balance, net of tax	(70.4)	(75.6)	(89.9)	(34.8)
Change in foreign currency translation, net of tax	(28.6)	23.2	(9.1)	(17.6)
Foreign currency translation adjustments, ending balance, net of tax	(99)	(52.4)	(99)	(52.4)
Available-for-sale Securities Adjustment, Before Taxes [Roll Forward]
Unrealized gains (losses) on available-for-sale investment securities, beginning balance, before tax	1.5	1.5	(6.8)	(2.4)
Unrealized (losses) gains arising on available-for-sale investment securities during the period, before tax	5.3	(1.6)	13.6	2.6
Reclassification of (gains) to other, net on available-for-sale investment securities, before tax	(4.1)	(0.4)	(4.1)	(0.7)
Other-than-temporary impairment losses on investment securities recognized in earnings, before tax	3		3
Net change on available-for-sale investment securities, before tax	4.2	(2)	12.5	1.9
Unrealized gains (losses) on available-for-sale investment securities, ending balance, before tax	5.7	(0.5)	5.7	(0.5)
Available-for-sale Securities Adjustment, Tax [Roll Forward]
Unrealized gains (losses) on available-for-sale investment securities, beginning balance, tax	(0.7)	(0.7)	2.2	0.8
Unrealized (losses) gains arising on available-for-sale investment securities during the period, tax	(1.7)	0.5	(4.6)	(1.2)
Reclassification of (gains) to other, net on available-for-sale investment securities, tax	1.5	0.2	1.5	0.4
Other-than-temporary impairment losses on investment securities recognized in earnings, tax	(1.2)		(1.2)
Net change on available-for-sale investment securities, tax	(1.4)	0.7	(4.3)	(0.8)
Unrealized gains (losses) on available-for-sale investment securities, ending balance, tax	(2.1)	0	(2.1)	0
Available-for-sale Securities Adjustment, Net of Tax [Roll Forward]
Unrealized gains (losses) on available-for-sale investment securities, beginning balance, net of tax	0.8	0.8	(4.6)	(1.6)
Unrealized (losses) gains arising on available-for-sale investment securities during the period, net of tax	3.6	(1.1)	9	1.4
Reclassification of (gains) to other, net on available-for-sale investment securities, net of tax	(2.6)	(0.2)	(2.6)	(0.3)
Other-than-temporary impairment losses on investment securities recognized in earnings, after tax	1.8		1.8
Net change on available-for-sale investment securities, net of tax	2.8	(1.3)	8.2	1.1
Unrealized gains (losses) on available-for-sale investment securities, ending balance, net of tax	3.6	(0.5)	3.6	(0.5)
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Before Taxes [Roll Forward]
Unrealized (losses) on cash flow hedges, beginning balance, before tax	10.1	(54.2)	(14.4)	(102.6)
Unrealized (losses) arising on cash flow hedges during the period, before tax	(7.5)	(9)	14.5	25.7
Net change on cash flow hedges, before tax	(10.7)	8.2	13.8	56.6
Unrealized (losses) on cash flow hedges, ending balance, before tax	(0.6)	(46)	(0.6)	(46)
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Tax [Roll Forward]
Unrealized (losses) on cash flow hedges, beginning balance, tax	(2.1)	9.7	2.7	15.9
Unrealized (losses) arising on cash flow hedges during the period, tax	1.7	1.8	(2.5)	(1.9)
Net change on cash flow hedges, tax	2.4	(1.3)	(2.4)	(7.5)
Unrealized (losses) on cash flow hedges, ending balance, tax	0.3	8.4	0.3	8.4
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax [Roll Forward]
Unrealized (losses) on cash flow hedges, beginning balance, net of tax	8	(44.5)	(11.7)	(86.7)
Unrealized (losses) arising on cash flow hedges during the period, net of tax	(5.8)	(7.2)	12	23.8
Net change on cash flow hedges, net of tax	(8.3)	6.9	11.4	49.1
Unrealized (losses) on cash flow hedges, ending balance, net of tax	(0.3)	(37.6)	(0.3)	(37.6)
Accumulated Other Comprehensive Income (Loss), Before Taxes [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance, before tax	(58.8)	(128.3)	(111.1)	(139.8)
Other comprehensive income loss, before tax	(35.1)	29.4	17.2	40.9
Accumulated other comprehensive income (loss), ending balance, before tax	(93.9)	(98.9)	(93.9)	(98.9)
Accumulated Other Comprehensive Income (Loss), Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance, tax	(2.8)	9	4.9	16.7
Other comprehensive income loss, tax	1	(0.6)	(6.7)	(8.3)
Accumulated other comprehensive income (loss), ending balance, tax	(1.8)	8.4	(1.8)	8.4
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance, net of tax	(61.6)	(119.3)	(106.2)	(123.1)
Other comprehensive income (loss)	(34.1)	28.8	10.5	32.6
Accumulated other comprehensive income (loss), ending balance, net of tax	(95.7)	(90.5)	(95.7)	(90.5)
Cost Of Revenues [Member]
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Before Taxes [Roll Forward]
Reclassifications of losses on cash flow hedges, before tax	(2.7)	14.1	(0.6)	25.3
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Tax [Roll Forward]
Reclassification of losses on cash flow hedges, tax	0.6	(2.6)	0.1	(4.6)
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax [Roll Forward]
Reclassification of losses on cash flow hedges, net of tax	(2.1)	11.5	(0.5)	20.7
Selling, General and Administrative Expenses [Member]
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Before Taxes [Roll Forward]
Reclassifications of losses on cash flow hedges, before tax	(0.5)	3.1	(0.1)	5.6
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Tax [Roll Forward]
Reclassification of losses on cash flow hedges, tax	0.1	(0.5)	0	(1)
Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax [Roll Forward]
Reclassification of losses on cash flow hedges, net of tax	$ (0.4)	$ 2.6	$ (0.1)	$ 4.6

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Jun. 30, 2016USD ($)
Commitments and Contingencies [Abstract]
Purchase Commitments Related to Capital Expansion Plan	$ 184

Segment Information (Narrative)

Segment Information (Narrative) (Details)	6 Months Ended
Segment Information (Narrative) (Details)	Jun. 30, 2016
Segment Reporting [Abstract]
Percentage of consolidated revenues and segment operating profit, less than 10%	10.00%

Segment Information (Revenues F

Segment Information (Revenues From External Customers And Segment Operating Profit) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 3,369.9	$ 3,085.1	$ 6,571.9	$ 5,996.5
Income from operations	590.9	545.5	1,144.9	1,045.8
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues	3,369.9	3,085.1	6,571.9	5,996.5
Income from operations	1,089.2	1,061.7	2,148.4	1,927.5
Operating Segments [Member] \| Financial Services [Member]
Segment Reporting Information [Line Items]
Revenues	1,351.2	1,250.1	2,636.9	2,411.2
Income from operations	459.3	420.1	882.3	767.5
Operating Segments [Member] \| Healthcare [Member]
Segment Reporting Information [Line Items]
Revenues	958.8	897.3	1,872.9	1,776.4
Income from operations	270	317.5	565.2	562.6
Operating Segments [Member] \| Manufacturing/Retail/Logistics [Member]
Segment Reporting Information [Line Items]
Revenues	660.4	578.3	1,292.9	1,127.2
Income from operations	225.9	201.2	445.3	382.5
Operating Segments [Member] \| Other [Member]
Segment Reporting Information [Line Items]
Revenues	399.5	359.4	769.2	681.7
Income from operations	134	122.9	255.6	214.9
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Unallocated costs	498.3	$ 516.2	$ 1,003.5	$ 881.7
Contracts Accounted for under Percentage of Completion [Member]
Segment Reporting Information [Line Items]
Loss on Contracts	$ 27.4

Segment Information (Revenues A

Segment Information (Revenues And Long-Lived Assets By Geographic Area) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 3,369.9	$ 3,085.1	$ 6,571.9	$ 5,996.5
Long-lived Assets	1,287.4		1,287.4		$ 1,271.4
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	2,624.1	2,423.9	5,121.4	4,715.9
Long-lived Assets	273.7		273.7		242.4
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	547.2	502.3	1,072.6	978.2
Long-lived Assets	34.5		34.5		32.2
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	310.7	297.6	609.5	582.7
Europe, excluding United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	236.5	204.7	463.1	395.5
Other Regions [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	198.6	$ 158.9	377.9	$ 302.4
Long-lived Assets	$ 979.2		$ 979.2		$ 996.8