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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 450.9 $ 245.4
Financial investments 118.7 92.4
Accounts receivable, net of $0.9 allowance for credit losses at June 30, 2021 and $0.6 at December 31, 2020 333.1 337.3
Margin deposits and clearing funds 1,188.2 812.1
Income taxes receivable 39.7 53.1
Other current assets 50.2 26.5
Total current assets 2,180.8 1,566.8
Investments 41.1 42.7
Land 2.3  
Property and equipment, net 95.6 82.6
Property held for sale   13.0
Operating lease right of use assets 113.7 111.0
Goodwill 2,899.5 2,895.1
Intangible assets, net 1,670.4 1,729.0
Other assets, net 93.1 76.3
Total assets 7,096.5 6,516.5
Current liabilities:    
Accounts payable and accrued liabilities 260.0 250.0
Section 31 fees payable 120.9 152.9
Deferred revenue 17.2 10.2
Margin deposits and clearing funds 1,188.2 812.1
Income taxes payable 4.8 4.2
Current portion of long-term debt   68.7
Current portion of contingent consideration liabilities 12.9 15.2
Total current liabilities 1,604.0 1,313.3
Long-term debt 1,298.5 1,135.2
Unrecognized tax benefits 187.5 164.7
Deferred income taxes 384.1 377.6
Non-current operating lease liabilities 134.0 132.1
Contingent consideration liabilities 13.7 17.5
Other non-current liabilities 32.2 27.2
Total liabilities 3,654.0 3,167.6
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at June 30, 2021 and December 31, 2020
Common stock, $0.01 par value: 325,000,000 shares authorized, 126,203,651 and 106,621,969 shares issued and outstanding, respectively at June 30, 2021 and 125,998,967 and 107,299,933 shares issued and outstanding, respectively at December 31, 2020 1.3 1.2
Common stock in treasury, at cost, 19,581,682 shares at June 30, 2021 and 18,699,034 shares at December 31, 2020 (1,337.5) (1,250.4)
Additional paid-in capital 2,730.7 2,713.3
Retained earnings 1,962.2 1,809.8
Accumulated other comprehensive income, net 85.8 75.0
Total stockholders' equity 3,442.5 3,348.9
Total liabilities and stockholders' equity $ 7,096.5 $ 6,516.5