We look at the division of 16116268 by 542 
Our goal is to divide 16116268 by 542.

Going ahead to step 1:
The number 542 fits into 1 0 times, leaving a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 1, we get 1.
Fetch the next digit (6) from the dividend, attach it to 1 and continue: 16 / 542

Let's proceed to step 2:
542 can be fit into 16 0 times, resulting in a remainder of 16.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 16 and we're left with 16.
Fetch the next digit (1) from the dividend, attach it to 16 and continue: 161 / 542

On to step 3:
542 goes into 161 0 times with a remainder of 161.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 161 after subtracting 0 from 161.
Fetch the next digit (1) from the dividend, attach it to 161 and continue: 1611 / 542

Going ahead to step 4:
If we divide 1611 by 542, we get 2 and a remainder of 527.
The next digit of our result is 2. 
Result so far: 2.0
Subtracting 1084 from 1611 leaves us with 527.
Fetch the next digit (6) from the dividend, attach it to 527 and continue: 5276 / 542

Step 5:
The number 542 fits into 5276 9 times, leaving a remainder of 398.
Record the quotient 9 as the next digit in the result. 
Result so far: 29.0
Subtract 4878 from 5276 to get 398.
Append the next digit (2) from the dividend to 398 and continue with: 3982 / 542

Moving on to step 6:
If we divide 3982 by 542, we get 7 and a remainder of 188.
The next digit of our result is 7. 
Result so far: 297.0
Deduct 3794 from 3982 and we're left with 188.
Take the next digit (6) from the dividend and append it to 188, then repeat: 1886 / 542

Let's proceed to step 7:
542 can be fit into 1886 3 times, resulting in a remainder of 260.
The next digit of our result is 3. 
Result so far: 2973.0
Subtract 1626 from 1886 to get 260.
Bring next digit (8) of the dividend behind the 260 and repeat the process: 2608 / 542

Step 8:
542 can be fit into 2608 4 times, resulting in a remainder of 440.
Put 4 as the next digit of the answer. 
Result so far: 29734.0
The remainder is 440 after subtracting 2168 from 2608.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4400, and continue the process.

Moving on to step 9:
4400 divided by 542 is 8 with a remainder of 64.
Write down 8 as next digit of the result. 
Result so far: 29734.8
If we take 4336 away from 4400, we end up with 64.
Since there are no more digits in the dividend, we add a zero to the remainder making it 640, and continue the process.

Going ahead to step 10:
640 divided by 542 is 1 with a remainder of 98.
Write down 1 as next digit of the result. 
Result so far: 29734.81
Subtracting 542 from 640 leaves us with 98.
Since there are no more digits in the dividend, we add a zero to the remainder making it 980, and continue the process.

On to step 11:
When dividing 980 by 542, we get 1 with a remainder of 438.
Put 1 as the next digit of the answer. 
Result so far: 29734.811
The remainder is 438 after subtracting 542 from 980.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4380, and continue the process.

In conclusion, the division gives 29734.811 with a balance of 0.0438.