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DISCONTINUED OPERATIONS (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
Proceeds received at closing$137.7 
Net assets at closing(84.1)
Total gain on sale included in Other operating expenses (1)$53.6 
_______________
(1)Excludes an estimated $20.8 million of taxes payable.
Proceeds received at closing$2,158.8 
Net assets at closing(2,257.6)
Loss on sale$(98.8)
Deal costs(20.5)
Contingent liability for tax indemnification(53.9)
Reclassification of cumulative translation adjustment(1,072.3)
Total loss on sale included in loss from discontinued operations, net of taxes$(1,245.5)
The following table presents key components of Income from discontinued operations, net of taxes in the consolidated statements of operations:
 Three Months Ended March 31,
 20252024
Revenue$— $321.5 
Cost of operations— (169.4)
Depreciation, amortization and accretion— (40.6)
Selling, general, administrative and development expense— (12.7)
Other operating expense— (3.2)
Operating income— 95.6 
Interest income— 17.0 
Interest expense— (2.9)
Other expense, net— (0.1)
Income from discontinued operations before taxes$— $109.6 
Income tax provision— (17.9)
Income from discontinued operations, net of taxes$— $91.7 
The following table presents key cash flow and non-cash information related to discontinued operations.
 Three Months Ended March 31,
 20252024
Capital expenditures— (26.2)
Significant non-cash items:
Depreciation, amortization and accretion— 40.6 
Stock-based compensation expense— 2.1 
Impairments, net loss on sale of long-lived assets, non-cash restructuring and merger related expenses— (1.6)
Loss (gain) on investments, unrealized foreign currency loss (gain) and other non-cash expense— 0.5