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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 341.9 $ 245.4
Financial investments 37.1 92.4
Accounts receivable, net of $1.0 allowance for credit losses at December 31, 2021 and $0.6 at December 31, 2020 326.9 337.3
Margin deposits and clearing funds 745.9 812.1
Income taxes receivable 42.7 53.1
Other current assets 36.8 26.5
Total current assets 1,531.3 1,566.8
Investments 245.8 42.7
Land 2.3  
Property and equipment, net 105.2 82.6
Property held for sale   13.0
Operating lease right of use assets 110.1 111.0
Goodwill 3,025.4 2,895.1
Intangible assets, net 1,668.6 1,729.0
Other assets, net 125.8 76.3
Total assets 6,814.5 6,516.5
Current liabilities:    
Accounts payable and accrued liabilities 295.4 250.0
Section 31 fees payable 40.8 152.9
Deferred revenue 15.2 10.2
Margin deposits and clearing funds 745.9 812.1
Income taxes payable 8.2 4.2
Current portion of long-term debt   68.7
Current portion of contingent consideration liabilities 63.8 15.2
Total current liabilities 1,169.3 1,313.3
Long-term debt 1,299.3 1,135.2
Unrecognized tax benefits 197.9 164.7
Deferred income taxes 372.7 377.6
Non-current operating lease liabilities 129.2 132.1
Contingent consideration liabilities 6.7 17.5
Other non-current liabilities 34.6 27.2
Total liabilities 3,209.7 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 December 31, 2021 and December 31, 2020
Common stock, $0.01 par value: 325,000,000 shares authorized, 108,159,319 and 106,646,498 shares issued and outstanding, respectively at December 31, 2021 and 125,998,967 and 107,299,933 shares issued and outstanding, respectively at December 31, 2020 1.1 1.2
Common stock in treasury, at cost, 1,512,821 shares at December 31, 2021 and 18,699,034 shares at December 31, 2020 (106.8) (1,250.4)
Additional paid-in capital 1,509.4 2,713.3
Retained earnings 2,145.5 1,809.8
Accumulated other comprehensive income, net 55.6 75.0
Total stockholders' equity 3,604.8 3,348.9
Total liabilities and stockholders' equity $ 6,814.5 $ 6,516.5