Purchase of non-controlling interest

[Table of Contents](#i8b61521b6679450490d14f6570be754a_7)CME GROUP INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)(unaudited) 

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   |  | Six Months Ended June 30, |
|   |  | 2022 |  | 2021 |
| Cash Flows from Operating Activities |  |  |  |  |
| Net income |  | $ | 1,373.5  |  |  | $ | 1,085.4  |  |
| Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
| Stock-based compensation |  | 39.4  |  |  | 41.0  |  |
| Amortization of purchased intangibles |  | 115.5  |  |  | 120.0  |  |
| Depreciation and amortization |  | 66.5  |  |  | 74.7  |  |
|  |  |  |  |  |
|  |  |  |  |  |
|  |  |  |  |  |
| Net realized and unrealized (gains) losses on investments |  | (3.0) |  |  | (20.7) |  |
| Cash dividends in excess of earnings (undistributed net earnings) of unconsolidated subsidiaries |  | (3.9) |  |  | 1.9  |  |
| Deferred income taxes |  | (12.0) |  |  | 19.2  |  |
| Change in: |  |  |  |  |
| Accounts receivable |  | (148.0) |  |  | (132.5) |  |
| Other current assets |  | (19.0) |  |  | (22.3) |  |
| Other assets |  | 52.1  |  |  | 31.1  |  |
| Accounts payable |  | 32.0  |  |  | (21.0) |  |
| Income taxes payable |  | (52.2) |  |  | (83.7) |  |
| Other current liabilities |  | 5.6  |  |  | 24.5  |  |
| Other liabilities |  | (39.0) |  |  | (17.3) |  |
| Other |  | 9.2  |  |  | 2.2  |  |
| Net Cash Provided by Operating Activities |  | 1,416.7  |  |  | 1,102.5  |  |
|  |  |  |  |  |
| Cash Flows from Investing Activities |  |  |  |  |
| Proceeds from maturities of available-for-sale marketable securities |  | 3.9  |  |  | 5.7  |  |
| Purchases of available-for-sale marketable securities |  | (2.9) |  |  | (4.9) |  |
| Purchases of property, net |  | (41.3) |  |  | (68.2) |  |
|  |  |  |  |  |
| Investment in S&P/Dow Jones Indices LLC |  | (410.0) |  |  | —  |  |
| Investments in privately-held equity investments |  | (1.1) |  |  | (1.5) |  |
| Purchase of non-controlling interest |  | —  |  |  | (12.5) |  |
| Proceeds from sales of investments |  | 10.9  |  |  | 13.4  |  |
| Net Cash Used in Investing Activities |  | (440.5) |  |  | (68.0) |  |
|  |  |  |  |  |
| Cash Flows from Financing Activities |  |  |  |  |
|  |  |  |  |  |
| Proceeds from debt, net of issuance costs |  | 741.0  |  |  | —  |  |
| Repayment of debt, including call premium |  | (756.2) |  |  | —  |  |
| Cash dividends |  | (1,906.8) |  |  | (1,540.0) |  |
|  |  |  |  |  |
|  |  |  |  |  |
| Change in performance bond and guaranty fund contributions |  | (19,519.2) |  |  | 54,518.0  |  |
| Employee taxes paid on restricted stock vesting |  | (5.3) |  |  | (13.5) |  |
| Other |  | (4.6) |  |  | (0.8) |  |
| Net Cash (Used in) Provided by Financing Activities |  | (21,451.1) |  |  | 52,963.7  |  |

  
  
  
  
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