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OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Impact of the Components of Other Comprehensive Income on Deferred Tax Benefits (income Taxes)
The following table presents the impact of the components of other comprehensive income or loss on deferred tax benefits (income taxes).
 
(in millions)202420232022
Net deferred tax benefits (income taxes) on:
Currency translation adjustments$3.7 $(2.0)$4.2 
Reclassification adjustment recognized in the provision for income taxes upon deconsolidation of investment products— 0.1 0.8 
Total net deferred tax benefits$3.7 $(1.9)$5.0 
Schedule of Changes in Accumulated Other Comprehensive Income
The changes in each component of accumulated other comprehensive income (loss), including reclassification are presented below.
(in millions)Equity method investmentsConsolidated investment products - variable interest entitiesTotal currency translation adjustments
Balances at December 31, 2021$(36.7)$10.2 $(26.5)
Other comprehensive income (loss) before reclassifications and income taxes(14.6)(13.9)(28.5)
Reclassification adjustments recognized in non-operating income— (3.0)(3.0)
(14.6)(16.9)(31.5)
Net deferred tax benefits (income taxes)0.8 4.2 5.0 
Other comprehensive income (loss)(13.8)(12.7)(26.5)
Balances at December 31, 2022(50.5)(2.5)(53.0)
Other comprehensive income (loss) before reclassifications and income taxes(1.6)9.0 7.4 
Net deferred tax benefits (income taxes)0.2 (2.1)(1.9)
Other comprehensive income (loss)(1.4)6.9 5.5 
Balances at December 31, 2023(51.9)4.4 (47.5)
Other comprehensive income (loss) before reclassifications and income taxes0.7 (9.0)(8.3)
Reclassification adjustments recognized in non-operating income— 0.4 0.4 
0.7 (8.6)(7.9)
Net deferred tax benefits (income taxes)1.7 2.0 3.7 
Other comprehensive income (loss)2.4 (6.6)(4.2)
Balances at December 31, 2024
$(49.5)$(2.2)$(51.7)