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Investments in sponsored funds - available-for-sale


NOTE 3	– INVESTMENTS IN SPONSORED FUNDS - AVAILABLE-FOR-SALE.

We make investments in our sponsored funds for general corporate investment purposes or to provide seed capital for newly formed funds. At December 31, 2012 and March 31, 2013, we deem these funds to be voting interest entities. These investments (in millions) include:



	Aggregate cost		Unrealized holding gains		Aggregate fair value
	Aggregate cost		Unrealized holding gains		Aggregate fair value
December 31, 2012
Stock and blended asset funds	$	336.9	$	178.9	$	515.8
Bond funds	570.9		53.4		624.3
Total	$	907.8	$	232.3	$	1,140.1

March 31, 2013
Stock and blended asset funds	$	348.3	$	203.6	$	551.9
Bond funds	580.9		52.0		632.9
Total	$	929.2	$	255.6	$	1,184.8

DEBT SECURITIES HELD BY SAVINGS BANK SUBSIDIARY.

3 Months Ended

Mar. 31, 2013

Debt securities held by savings bank subsidiary


NOTE 4	– DEBT SECURITIES HELD BY SAVINGS BANK SUBSIDIARY.

Our savings bank subsidiary holds investments in marketable debt securities, including mortgage- and other asset-backed securities, which are accounted for as available-for-sale. The following table (in millions) details the components of these investments.



	12/31/2012				3/31/2013
	Fair value		Unrealized holding gains (losses)		Fair value		Unrealized holding gains (losses)
Investments with temporary impairment (0 securities in 2013) of
Less than 12 months	$	6.4	$	.0	$	—	$	—
12 months or more	1.0		.0		—		—
Total	7.4		.0		—		—
Investments with unrealized holding gains	128.6		3.2		134.2		2.7
Total	$	136.0	$	3.2	$	134.2	$	2.7
Aggregate cost	$	132.8			$	131.5

The unrealized losses in these investments were generally caused by changes in interest rates and market liquidity, and not by changes in credit quality. We intend to hold these securities to their maturities, which generally correlate to the maturities of our customer deposits, and believe it is more-likely-than-not that we will not be required to sell any of these securities before recovery of their amortized cost. Accordingly, impairment of these investments is considered temporary.

OTHER INVESTMENTS.

3 Months Ended

Mar. 31, 2013

Investments, All Other Investments [Abstract]

Other investments


NOTE 5	– OTHER INVESTMENTS.

These investments (in millions) include:



	12/31/2012		3/31/2013
Cost method investments
10% interest in Daiwa SB Investments Ltd. (Japan)	$	12.7	$	12.6
Other investments	46.5		47.8
Equity method investments
26% interest in UTI Asset Management Company Limited (India)	139.8		136.3
Other investments	9.4		8.1
Investments held as trading
Sponsored fund investments	2.6		2.7
Securities held by consolidated sponsored investment portfolios	92.7		93.7
U.S. Treasury note	1.0		1.0
Total	$	304.7	$	302.2

The securities held by consolidated sponsored investment portfolios relate to investment portfolios in which we provided initial seed capital at the time of its formation. We have determined at December 31, 2012 and March 31, 2013, that these investment portfolios are voting interest entities in which we have a controlling financial interest.

FAIR VALUE MEASUREMENTS.

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair value measurements


NOTE 6	– FAIR VALUE MEASUREMENTS.

We determine the fair value of our investments using the following broad levels of inputs as defined by related accounting standards:

Level 1 – quoted prices in active markets for identical securities.

Level 2 – observable inputs other than Level 1 quoted prices including, but not limited to, quoted prices for similar securities, interest rates, prepayment speeds, and credit risk. These inputs are based on market data obtained from independent sources.

Level 3 – unobservable inputs reflecting our own assumptions based on the best information available. We do not value any investments using Level 3 inputs.

These levels are not necessarily an indication of the risk or liquidity associated with our investments. There have been no transfers in or out of the levels. The following table summarizes our investments (in millions) that are recognized in our consolidated balance sheets using fair value measurements determined based on the differing levels of inputs.



	Level 1		Level 2
December 31, 2012
Cash equivalents	$	732.8
Investments in sponsored funds	1,140.1
Investments held as trading	18.1		$	77.2
Debt securities held by savings bank subsidiary	—		136.0
Total	$	1,891.0	$	213.2

March 31, 2013
Cash equivalents	$	1,099.3
Investments in sponsored funds	1,184.8
Investments held as trading	27.8		$	68.6
Debt securities held by savings bank subsidiary	—		134.2
Total	$	2,311.9	$	202.8

Customer deposits at our savings bank subsidiary are not measured at fair value in our consolidated balance sheets. The estimated fair value of these deposits, based on discounting expected cash outflows at maturity dates that range up to five years using current interest rates offered for deposits with the same dates of maturity, was $157.8 million at December 31, 2012, and $152.2 million at March 31, 2013. The fair value was determined using Level 2 inputs.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION.

3 Months Ended

Mar. 31, 2013

Stock-based compensation


NOTE 7	– STOCK-BASED COMPENSATION.

STOCK OPTIONS.

The following table summarizes the status of and changes in our stock option grants during the first quarter of 2013.



	Options		Weighted- average exercise price
Outstanding at beginning of year	34,622,435		$	48.82
Semiannual grants	1,766,900		$	71.41
Reload grants	10,953		$	73.37
Exercised	(2,374,340	)	$	45.10
Forfeited	(332,429	)	$	53.56
Expired	(1,217	)	$	53.22
Outstanding at end of period	33,692,302		$	50.23
Exercisable at end of period	17,982,520		$	45.54

RESTRICTED SHARES AND STOCK UNITS.

The following table summarizes the status of and changes in our nonvested restricted shares and restricted stock units during the first quarter of 2013.



	Restricted shares		Restricted stock units		Weighted-average fair value
Nonvested at beginning of year	1,161,164		597,042		$	59.13
Granted to employees - time-based	381,457		163,923		$	71.41
Granted to employees - performance-based	12,000		34,050		$	71.41
Vested	(688	)	(1,868	)	$	50.96
Forfeited	(33,734	)	(4,126	)	$	58.47
Nonvested at end of period	1,520,199		789,021		$	62.30

The nonvested totals at the end of the period include 36,000 performance-based restricted shares and 104,925 performance-based restricted stock units. The performance period has lapsed and the performance threshold has been met for 12,000 shares and 36,750 units that were outstanding at the end of the period.

FUTURE STOCK-BASED COMPENSATION EXPENSE.

The following table presents the compensation expense (in millions) to be recognized over the remaining vesting periods of the stock-based awards outstanding at March 31, 2013. Estimated future compensation expense will change to reflect future option grants, including reloads; future awards of unrestricted shares, restricted shares, and restricted stock units; changes in estimated forfeitures; changes in the probability of performance thresholds being met; and adjustments for actual forfeitures.



Second quarter 2013	$	28.5
Third quarter 2013	28.2
Fourth quarter 2013	23.4
2014	68.5
2015 through 2018	66.1
Total	$	214.7

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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-Name Staff Accounting Bulletin (SAB)
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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Earnings per share calculations

EARNINGS PER SHARE CALCULATIONS.

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]


NOTE 8	– EARNINGS PER SHARE CALCULATIONS.

The following table presents the reconciliation (in millions) of our net income to net income allocated to our common stockholders and the weighted-average shares (in millions) that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential additional dilution, determined using the treasury stock method that could occur if outstanding stock options were exercised and non-participating stock awards were vested.



	Three months ended
	3/31/2012			3/31/2013
Net income	$	197.5		$	241.9
Less: net income allocated to outstanding restricted stock and stock unit holders	(1.0		)	(1.8		)
Net income allocated to common stockholders	$	196.5		$	240.1

Weighted-average common shares
Outstanding	253.1			256.9
Outstanding assuming dilution	261.0			264.9

The following table shows the weighted-average outstanding stock options (in millions) and their average exercise price that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive.



	Three months ended
	3/31/2012		3/31/2013
Weighted-average outstanding stock options excluded	4.5		3.6
Average exercise price	$	65.80	$	65.89

OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME.

3 Months Ended

Mar. 31, 2013

Stockholders' Equity Note [Abstract]

Other comprehensive income and accumulated other comprehensive income


NOTE 9	– OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME.

The following table presents the deferred tax benefit (income tax) impact of the components (in millions) of other comprehensive income.



	Three months ended
	3/31/2012			3/31/2013
Deferred income taxes on:
Net unrealized holding gains	$	(29.1	)	$	(13.8	)
Reclassification adjustment recognized in non-operating investment income: Net gains realized on dispositions, determined using average cost	—			4.4
Deferred income taxes on net unrealized holding gains recognized in other comprehensive income	(29.1		)	(9.4		)
Deferred tax benefit on currency translation adjustment	4.0			1.8
Total deferred income taxes	$	(25.1	)	$	(7.6	)

The changes in accumulated other comprehensive income (in millions), by component, for the first quarter of 2013, are presented below.



	12/31/2012			Other comprehensive income, net of tax			3/31/2013
Net unrealized holding gains on:
Investments in sponsored funds	$	232.3		$	23.3		$	255.6
Debt securities held by savings bank subsidiary	3.2			(.5		)	2.7
Proportionate share of investments held by UTI	.6			.1			.7
	236.1			22.9			259.0
Deferred income taxes	(91.6		)	(9.4		)	(101.0		)
Net unrealized holding gains, net of taxes	144.5			13.5			158.0
Currency translation adjustment, net of taxes	(12.6		)	(3.4		)	(16.0		)
Accumulated other comprehensive income	$	131.9		$	10.1		$	142.0

Other comprehensive income, net of tax, related to our net unrealized holding gains in the first quarter of 2013 includes $11.4 million in gains realized on dispositions that were reclassified from accumulated other comprehensive income and included in non-operating investment income. The income taxes of $4.4 million related to these gains were also reclassed from accumulated other comprehensive income and are included in our provision for income taxes in the first quarter of 2013.

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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Information about Receivables, Revenues, and Services [Abstract]

INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. (Tables)

3 Months Ended

Mar. 31, 2013

Components of revenues from advisory services

Revenues (in millions) from advisory services provided under agreements with our sponsored mutual funds and other investment clients include:



	Three months ended
	3/31/2012		3/31/2013
Sponsored mutual funds in the U.S.
Stock and blended asset	$	344.1	$	398.9
Bond and money market	81.8		91.7
	425.9		490.6
Other portfolios
Stock and blended asset	157.4		171.1
Bond, money market, and stable value	39.7		41.2
	197.1		212.3
Total	$	623.0	$	702.9

Components of assets under management

The following table summarizes the various investment portfolios and assets under management (in billions) on which we earn advisory fees.



	Average during
	the first quarter of				As of
	2012		2013		12/31/2012		3/31/2013
Sponsored mutual funds in the U.S.
Stock and blended asset	$	232.1	$	273.4	$	256.9	$	284.2
Bond and money market	80.3		91.4		90.0		92.8
	312.4		364.8		346.9		377.0
Other portfolios
Stock and blended asset	156.0		171.0		164.2		175.4
Bond, money market, and stable value	61.9		65.2		65.7		65.0
	217.9		236.2		229.9		240.4
Total	$	530.3	$	601.0	$	576.8	$	617.4

INVESTMENTS IN SPONSORED FUNDS - AVAILABLE-FOR-SALE. (Tables)

3 Months Ended

Mar. 31, 2013

Investments in sponsored funds reconciliation

These investments (in millions) include:



	Aggregate cost		Unrealized holding gains		Aggregate fair value
	Aggregate cost		Unrealized holding gains		Aggregate fair value
December 31, 2012
Stock and blended asset funds	$	336.9	$	178.9	$	515.8
Bond funds	570.9		53.4		624.3
Total	$	907.8	$	232.3	$	1,140.1

March 31, 2013
Stock and blended asset funds	$	348.3	$	203.6	$	551.9
Bond funds	580.9		52.0		632.9
Total	$	929.2	$	255.6	$	1,184.8

DEBT SECURITIES HELD BY SAVINGS BANK SUBSIDIARY. (Tables)

3 Months Ended

Mar. 31, 2013

Investments in debt securities held by savings bank subsidiary reconciliation

The following table (in millions) details the components of these investments.



	12/31/2012				3/31/2013
	Fair value		Unrealized holding gains (losses)		Fair value		Unrealized holding gains (losses)
Investments with temporary impairment (0 securities in 2013) of
Less than 12 months	$	6.4	$	.0	$	—	$	—
12 months or more	1.0		.0		—		—
Total	7.4		.0		—		—
Investments with unrealized holding gains	128.6		3.2		134.2		2.7
Total	$	136.0	$	3.2	$	134.2	$	2.7
Aggregate cost	$	132.8			$	131.5

OTHER INVESTMENTS. (Tables)

3 Months Ended

Mar. 31, 2013

Investments, All Other Investments [Abstract]

Components of other investments

These investments (in millions) include:



	12/31/2012		3/31/2013
Cost method investments
10% interest in Daiwa SB Investments Ltd. (Japan)	$	12.7	$	12.6
Other investments	46.5		47.8
Equity method investments
26% interest in UTI Asset Management Company Limited (India)	139.8		136.3
Other investments	9.4		8.1
Investments held as trading
Sponsored fund investments	2.6		2.7
Securities held by consolidated sponsored investment portfolios	92.7		93.7
U.S. Treasury note	1.0		1.0
Total	$	304.7	$	302.2

FAIR VALUE MEASUREMENTS. (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Disclosures [Abstract]

Fair value measurements table

The following table summarizes our investments (in millions) that are recognized in our consolidated balance sheets using fair value measurements determined based on the differing levels of inputs.



	Level 1		Level 2
December 31, 2012
Cash equivalents	$	732.8
Investments in sponsored funds	1,140.1
Investments held as trading	18.1		$	77.2
Debt securities held by savings bank subsidiary	—		136.0
Total	$	1,891.0	$	213.2

March 31, 2013
Cash equivalents	$	1,099.3
Investments in sponsored funds	1,184.8
Investments held as trading	27.8		$	68.6
Debt securities held by savings bank subsidiary	—		134.2
Total	$	2,311.9	$	202.8

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION. (Tables)

3 Months Ended

Mar. 31, 2013

Rollforward of stock options

The following table summarizes the status of and changes in our stock option grants during the first quarter of 2013.



	Options		Weighted- average exercise price
Outstanding at beginning of year	34,622,435		$	48.82
Semiannual grants	1,766,900		$	71.41
Reload grants	10,953		$	73.37
Exercised	(2,374,340	)	$	45.10
Forfeited	(332,429	)	$	53.56
Expired	(1,217	)	$	53.22
Outstanding at end of period	33,692,302		$	50.23
Exercisable at end of period	17,982,520		$	45.54

Rollforward of nonvested restricted shares and restricted stock units

The following table summarizes the status of and changes in our nonvested restricted shares and restricted stock units during the first quarter of 2013.



	Restricted shares		Restricted stock units		Weighted-average fair value
Nonvested at beginning of year	1,161,164		597,042		$	59.13
Granted to employees - time-based	381,457		163,923		$	71.41
Granted to employees - performance-based	12,000		34,050		$	71.41
Vested	(688	)	(1,868	)	$	50.96
Forfeited	(33,734	)	(4,126	)	$	58.47
Nonvested at end of period	1,520,199		789,021		$	62.30

Future stock-based compensation expense



Second quarter 2013	$	28.5
Third quarter 2013	28.2
Fourth quarter 2013	23.4
2014	68.5
2015 through 2018	66.1
Total	$	214.7

EARNINGS PER SHARE CALCULATIONS. (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Earnings per share reconciliation



	Three months ended
	3/31/2012			3/31/2013
Net income	$	197.5		$	241.9
Less: net income allocated to outstanding restricted stock and stock unit holders	(1.0		)	(1.8		)
Net income allocated to common stockholders	$	196.5		$	240.1

Weighted-average common shares
Outstanding	253.1			256.9
Outstanding assuming dilution	261.0			264.9

Antidilutive securities



	Three months ended
	3/31/2012		3/31/2013
Weighted-average outstanding stock options excluded	4.5		3.6
Average exercise price	$	65.80	$	65.89

OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME. (Tables)

3 Months Ended

Mar. 31, 2013

Stockholders' Equity Note [Abstract]

Deferred tax benefit (income tax) impact of the components of other comprehensive income

The following table presents the deferred tax benefit (income tax) impact of the components (in millions) of other comprehensive income.



	Three months ended
	3/31/2012			3/31/2013
Deferred income taxes on:
Net unrealized holding gains	$	(29.1	)	$	(13.8	)
Reclassification adjustment recognized in non-operating investment income: Net gains realized on dispositions, determined using average cost	—			4.4
Deferred income taxes on net unrealized holding gains recognized in other comprehensive income	(29.1		)	(9.4		)
Deferred tax benefit on currency translation adjustment	4.0			1.8
Total deferred income taxes	$	(25.1	)	$	(7.6	)

Changes in accumulated other comprehensive income

The changes in accumulated other comprehensive income (in millions), by component, for the first quarter of 2013, are presented below.



	12/31/2012			Other comprehensive income, net of tax			3/31/2013
Net unrealized holding gains on:
Investments in sponsored funds	$	232.3		$	23.3		$	255.6
Debt securities held by savings bank subsidiary	3.2			(.5		)	2.7
Proportionate share of investments held by UTI	.6			.1			.7
	236.1			22.9			259.0
Deferred income taxes	(91.6		)	(9.4		)	(101.0		)
Net unrealized holding gains, net of taxes	144.5			13.5			158.0
Currency translation adjustment, net of taxes	(12.6		)	(3.4		)	(16.0		)
Accumulated other comprehensive income	$	131.9		$	10.1		$	142.0

INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. (Receivables from Sponsored Mutual Funds) (Detail) - USD ($) $ in Millions	Mar. 31, 2013	Dec. 31, 2012
Receivables from sponsored mutual funds
Accounts receivable for advisory fees and advisory-related administrative services	$ 364.6	$ 353.9
Sponsored mutual funds in the U.S. [Member]
Receivables from sponsored mutual funds
Accounts receivable for advisory fees and advisory-related administrative services	$ 197.6	$ 184.0

INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. (Investment Advisory Services) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Investment advisory services
Revenues from advisory services	$ 702.9	$ 623.0
Average assets under management	601,000.0	530,300.0
Period end assets under management	617,400.0		$ 576,800.0
Sponsored mutual funds in the U.S. [Member]
Investment advisory services
Revenues from advisory services	490.6	425.9
Average assets under management	364,800.0	312,400.0
Period end assets under management	377,000.0		346,900.0
Sponsored mutual funds in the U.S. [Member] \| Stock and blended asset [Member]
Investment advisory services
Revenues from advisory services	398.9	344.1
Average assets under management	273,400.0	232,100.0
Period end assets under management	284,200.0		256,900.0
Sponsored mutual funds in the U.S. [Member] \| Bond and money market [Member]
Investment advisory services
Revenues from advisory services	91.7	81.8
Average assets under management	91,400.0	80,300.0
Period end assets under management	92,800.0		90,000.0
Other portfolios [Member]
Investment advisory services
Revenues from advisory services	212.3	197.1
Average assets under management	236,200.0	217,900.0
Period end assets under management	240,400.0		229,900.0
Other portfolios [Member] \| Stock and blended asset [Member]
Investment advisory services
Revenues from advisory services	171.1	157.4
Average assets under management	171,000.0	156,000.0
Period end assets under management	175,400.0		164,200.0
Other portfolios [Member] \| Bond, money market, and stable value [Member]
Investment advisory services
Revenues from advisory services	41.2	39.7
Average assets under management	65,200.0	$ 61,900.0
Period end assets under management	$ 65,000.0		$ 65,700.0

INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. (Revenues and Services Concentration) (Detail) - Geographic Concentration [Member]	3 Months Ended
	Mar. 31, 2013
Revenues and services concentration
Concentration Risk, Additional Characteristic	investment advisory clients outside the U.S.
Concentration Risk, Percentage	8.50%
Concentration Risk, Benchmark Description	assets under management at March 31, 2013

INFORMATION ABOUT RECEIVABLES, REVENUES, AND SERVICES. (Administrative and Distribution Services Provided to Sponsored Mutual Funds) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Administrative and distribution services provided to sponsored mutual funds
Fees for advisory-related administrative services	$ 86.3	$ 82.9
Distribution and other servicing fees	26.2	22.2
Sponsored mutual funds in the U.S. [Member]
Administrative and distribution services provided to sponsored mutual funds
Fees for advisory-related administrative services	67.8	64.7
Distribution and other servicing fees	$ 26.2	$ 22.2

INVESTMENTS IN SPONSORED FUNDS - AVAILABLE-FOR-SALE. (Detail) - USD ($) $ in Millions	Mar. 31, 2013	Dec. 31, 2012
Investments in sponsored funds
Aggregate cost	$ 929.2	$ 907.8
Aggregate fair value	1,184.8	1,140.1
Stock and blended asset funds [Member]
Investments in sponsored funds
Aggregate cost	348.3	336.9
Aggregate fair value	551.9	515.8
Bond funds [Member]
Investments in sponsored funds
Aggregate cost	580.9	570.9
Aggregate fair value	632.9	624.3
Investments in sponsored funds [Member]
Investments in sponsored funds
Unrealized holding gains	255.6	232.3
Investments in sponsored funds [Member] \| Stock and blended asset funds [Member]
Investments in sponsored funds
Unrealized holding gains	203.6	178.9
Investments in sponsored funds [Member] \| Bond funds [Member]
Investments in sponsored funds
Unrealized holding gains	$ 52.0	$ 53.4

Amount of equity securities categorized neither as held-to-maturity nor as trading.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 25
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=7534914&loc=d3e22054-111558

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 86-40
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 12
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

DEBT SECURITIES HELD BY SAVINGS BANK SUBSIDIARY. (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2013 USD ($) security	Dec. 31, 2012 USD ($)
Investments with temporary impairment (0 securities in 2013) of (fair values)
Total fair value	$ 134.2	$ 136.0
Aggregate cost	$ 131.5	132.8
Debt securities held by savings bank subsidiary [Member]
Investments with temporary impairment (0 securities in 2013) of (fair values)
Investments with temporary impairment (number of securities) \| security	0
Fair value of investments with temporary impairment of less than 12 months	$ 0.0	6.4
Fair value of investments with temporary impairment of 12 months or more	0.0	1.0
Total fair value of investments with temporary impairment	0.0	7.4
Fair value of investments with unrealized holding gains	134.2	128.6
Investments with temporary impairment (0 securities in 2013) of (unrealized holding gains (losses))
Unrealized holding losses on investments with temporary impairment of less than 12 months	0.0	0.0
Unrealized holding losses on investments with temporary impairment of 12 months or more	0.0	0.0
Total unrealized holding losses on investments with temporary impairment	0.0	0.0
Unrealized holding gains	2.7	3.2
Total unrealized holding gains (losses)	$ 2.7	$ 3.2
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Cause	The unrealized losses in these investments were generally caused by changes in interest rates and market liquidity, and not by changes in credit quality.
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Other	We intend to hold these securities to their maturities, which generally correlate to the maturities of our customer deposits, and believe it is more-likely-than-not that we will not be required to sell any of these securities before recovery of their amortized cost. Accordingly, impairment of these investments is considered temporary.

OTHER INVESTMENTS. (Detail) - USD ($) $ in Millions	Mar. 31, 2013	Dec. 31, 2012
Other investments
U.S. Treasury note	$ 1.0	$ 1.0
Total	302.2	304.7
Sponsored fund investments [Member]
Other investments
Investments held as trading	2.7	2.6
Securities held by consolidated sponsored investment portfolios [Member]
Other investments
Investments held as trading	93.7	92.7
26% Interest in UTI Asset Management Company Limited India [Member]
Other investments
Equity method investments	$ 136.3	$ 139.8
Equity method investment (ownership percentage)	26.00%	26.00%
Other equity method investments [Member]
Other investments
Equity method investments	$ 8.1	$ 9.4
10% Interest in Daiwa SB Investments Ltd (Japan) [Member]
Other investments
Cost method investments	$ 12.6	$ 12.7
Cost method investment (ownership percentage)	10.00%	10.00%
Other cost method investments [Member]
Other investments
Cost method investments	$ 47.8	$ 46.5

FAIR VALUE MEASUREMENTS. (Reported on Balance Sheet) (Detail) - USD ($) $ in Millions	Mar. 31, 2013	Dec. 31, 2012
Level 1 [Member]
Fair value measurements
Total	$ 2,311.9	$ 1,891.0
Level 1 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair value measurements
Cash equivalents	1,099.3	732.8
Investments held as available-for-sale	1,184.8	1,140.1
Investments held as trading	27.8	18.1
Level 2 [Member]
Fair value measurements
Total	202.8	213.2
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member]
Fair value measurements
Investments held as available-for-sale	134.2	136.0
Investments held as trading	$ 68.6	$ 77.2

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months.

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Trading Securities which consist of all investments in certain debt and equity securities that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for which an entity has elected the fair value option. Trading generally reflects active and frequent buying and selling, and trading securities are generally used with the objective of generating profits on short-term differences in price, but this category of investments may also include items which are not intended to be sold in the near term or for which the fair value option has been elected.

FAIR VALUE MEASUREMENTS. (Disclosures) (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Fair value measurements
Maximum maturities of customer deposits	5 years	5 years
Level 2 [Member] \| Estimate of Fair Value, Fair Value Disclosure [Member]
Fair value measurements
Estimated fair value of customer deposits	$ 152.2	$ 157.8

STOCK-BASED COMPENSATION. (Detail) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2013 USD ($) $ / shares shares
Stock options
Outstanding at beginning of year	34,622,435
Exercised	(2,374,340)
Forfeited	(332,429)
Expired	(1,217)
Outstanding at end of period	33,692,302
Exercisable at end of period	17,982,520
Stock options, weighted-average exercise price
Weighted-average exercise price of options outstanding at beginning of year (in dollars per option) \| $ / shares	$ 48.82
Weighted-average exercise price of options exercised (in dollars per option) \| $ / shares	45.10
Weighted-average exercise price of options forfeited (in dollars per option) \| $ / shares	53.56
Weighted-average exercise price of options expired (in dollars per option) \| $ / shares	53.22
Weighted-average exercise price of options outstanding at end of period (in dollars per option) \| $ / shares	50.23
Weighted-average exercise price of options exercisable at end of period (in dollars per option) \| $ / shares	45.54
Restricted shares and stock units, weighted-average fair value
Weighted-average fair value of nonvested restricted shares and restricted stock units at beginning of year (in dollars per share) \| $ / shares	59.13
Weighted-average fair value of restricted shares and restricted stock units vested (in dollars per share) \| $ / shares	50.96
Weighted-average fair value of restricted shares and restricted stock units forfeited (in dollars per share) \| $ / shares	58.47
Weighted-average fair value of nonvested restricted shares and restricted stock units at end of period (in dollars per share) \| $ / shares	$ 62.30
Future stock-based compensation expense
Second quarter 2013 (dollars) \| $	$ 28.5
Third quarter 2013 (dollars) \| $	28.2
Fourth quarter 2013 (dollars) \| $	23.4
2014 (dollars) \| $	68.5
2015 through 2018 (dollars) \| $	66.1
Total (dollars) \| $	$ 214.7
Time-based [Member]
Restricted shares and stock units, weighted-average fair value
Weighted-average fair value of restricted shares and restricted stock units granted to employees (in dollars per share) \| $ / shares	$ 71.41
Performance-based [Member]
Restricted shares and stock units, weighted-average fair value
Weighted-average fair value of restricted shares and restricted stock units granted to employees (in dollars per share) \| $ / shares	$ 71.41
Restricted shares [Member]
Restricted shares and stock units
Nonvested at beginning of year	1,161,164
Vested	(688)
Forfeited	(33,734)
Nonvested at end of period	1,520,199
Restricted shares [Member] \| Time-based [Member]
Restricted shares and stock units
Granted to employees	381,457
Restricted shares [Member] \| Performance-based [Member]
Restricted shares and stock units
Granted to employees	12,000
Nonvested at end of period	36,000
Restricted shares [Member] \| Performance-based [Member] \| Performance Conditions Met [Member]
Restricted shares and stock units
Nonvested at end of period	12,000
Restricted stock units [Member]
Restricted shares and stock units
Nonvested at beginning of year	597,042
Vested	(1,868)
Forfeited	(4,126)
Nonvested at end of period	789,021
Restricted stock units [Member] \| Time-based [Member]
Restricted shares and stock units
Granted to employees	163,923
Restricted stock units [Member] \| Performance-based [Member]
Restricted shares and stock units
Granted to employees	34,050
Nonvested at end of period	104,925
Restricted stock units [Member] \| Performance-based [Member] \| Performance Conditions Met [Member]
Restricted shares and stock units
Nonvested at end of period	36,750
Employee global long-term incentive plan [Member] \| Semiannual [Member]
Stock options
Grants	1,766,900
Stock options, weighted-average exercise price
Weighted-average exercise price of option grants (in dollars per option) \| $ / shares	$ 71.41
Employee global long-term incentive plan [Member] \| Reload [Member]
Stock options
Grants	10,953
Stock options, weighted-average exercise price
Weighted-average exercise price of option grants (in dollars per option) \| $ / shares	$ 73.37

EARNINGS PER SHARE CALCULATIONS. (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Earnings Per Share [Abstract]
Net income	$ 241.9	$ 197.5
Less: net income allocated to outstanding restricted stock and stock unit holders	(1.8)	(1.0)
Net income allocated to common stockholders (basic)	240.1	196.5
Net income allocated to common stockholders (diluted)	$ 240.1	$ 196.5
Weighted-average common shares
Outstanding (shares)	256.9	253.1
Outstanding assuming dilution (shares)	264.9	261.0
Weighted-average outstanding stock options excluded (options)	3.6	4.5
Average exercise price (in dollars per option)	$ 65.89	$ 65.80

OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME. (Deferred Tax Benefit (Income Tax) Impact) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Deferred income taxes on:
Net unrealized holding gains	$ (13.8)	$ (29.1)
Reclassification adjustment recognized in non-operating investment income: Net gains realized on dispositions, determined using average cost	4.4	0.0
Deferred income taxes on net unrealized holding gains recognized in other comprehensive income	(9.4)	(29.1)
Deferred tax benefit on currency translation adjustment	1.8	4.0
Total deferred income taxes	$ (7.6)	$ (25.1)

Tax effect of the appreciation (loss) in value of unsold available-for-sale securities attributable to the parent entity. Excludes amounts related to other than temporary impairment (OTTI) losses.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Amount of tax effect, net of reclassification adjustments, on the result from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, attributable to the parent entity.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME. (Accumulated Other Comprehensive Income) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Net unrealized holding gains
Net unrealized holding gains	$ 236.1
Net unrealized holding gains recognized in other comprehensive income	22.9	$ 72.7
Net unrealized holding gains	259.0
Deferred income taxes
Deferred income taxes	(91.6)
Deferred income taxes recognized in other comprehensive income	(9.4)	(29.1)
Deferred income taxes	(101.0)
Net unrealized holding gains, net of taxes
Net unrealized holding gains, net of taxes	144.5
Net unrealized holding gains recognized in other comprehensive income, net of taxes	13.5
Net unrealized holding gains, net of taxes	158.0
Currency translation adjustment, net of taxes
Currency translation adjustment, net of taxes	(12.6)
Currency translation adjustment recognized in other comprehensive income, net of taxes	(3.4)
Currency translation adjustment, net of taxes	(16.0)
Accumulated other comprehensive income
Accumulated other comprehensive income	131.9
Total other comprehensive income	10.1	36.3
Accumulated other comprehensive income	142.0
Investments in sponsored funds [Member]
Net unrealized holding gains
Net unrealized holding gains	232.3
Net unrealized holding gains recognized in other comprehensive income	23.3	72.3
Net unrealized holding gains	255.6
Debt securities held by savings bank subsidiary [Member]
Net unrealized holding gains
Net unrealized holding gains	3.2
Net unrealized holding gains recognized in other comprehensive income	(0.5)	0.4
Net unrealized holding gains	2.7
Proportionate share of investments held by UTI [Member]
Net unrealized holding gains
Net unrealized holding gains	0.6
Net unrealized holding gains recognized in other comprehensive income	0.1	$ 0.0
Net unrealized holding gains	$ 0.7

OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Reclassification Adjustments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Reclassification out of accumulated other comprehensive income
Non-operating investment income	$ 18.3	$ 5.1
Provision for income taxes	149.0	$ 123.8
Reclassification out of accumulated other comprehensive income [Member] \| Net unrealized holding gains [Member]
Reclassification out of accumulated other comprehensive income
Non-operating investment income	11.4
Provision for income taxes	$ 4.4

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to pretax Income or Loss from continuing operations; income tax expense or benefit may include interest and penalties on tax uncertainties based on the entity's accounting policy.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=21917399&loc=d3e32247-109318

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45, 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 16, 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.