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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 761.4 $ 235.0 $ 529.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 158.0 166.8 167.4
Amortization of debt issuance cost and debt discount 2.6 2.4 2.2
Change in contingent consideration (14.4) (5.2) (2.7)
Realized gain on available-for-sale financial investments (2.7)    
Provision for accounts receivable credit losses 4.0 1.1 0.4
Benefit for deferred income taxes (15.2) (155.7) (18.9)
Stock-based compensation expense 41.3 30.7 26.6
Loss on disposal of property and equipment 0.1 0.3 0.4
Impairment charge of investment 1.8 10.6 5.6
Goodwill impairment   460.9  
Equity (earnings) loss in investments (36.9) (4.2) 0.4
Gain on investment   (7.5)  
Changes in assets and liabilities:      
Accounts receivable 39.4 (49.8) 12.0
Restricted cash and cash equivalents and customer bank deposits (included in margin deposits, clearing funds, and interoperability funds) 282.6 (217.5) (66.2)
Restricted cash and cash equivalents (included in other current assets)     4.4
Income taxes receivable (26.3) (5.4) 10.3
Other current assets (17.4) (4.0) (8.8)
Other assets (26.7) (20.8) (47.4)
Accounts payable and accrued liabilities (19.1) 38.8 45.0
Section 31 fees payable (95.2) 106.3 (112.1)
Deferred revenue (5.8) (4.1) 4.9
Income taxes payable (2.8) (3.8) 3.9
Unrecognized tax benefits 47.7 89.1 33.2
Other liabilities (0.8) (12.9) 7.2
Net cash provided by operating activities 1,075.6 651.1 596.8
Cash flows from investing activities:      
Acquisitions, net of cash acquired   (708.3) (151.5)
Proceeds from acquisition-related escrow     0.6
Contributions to investments (57.1) (14.6) (209.8)
Purchases of available-for-sale financial investments (89.8) (104.7) (101.2)
Proceeds from maturities of available-for-sale financial investments 135.7 51.2 160.2
Proceeds from sale of intangible assets 0.8    
Proceeds from investments   1.1  
Proceeds from insurance 0.3    
Purchases of property and equipment and leasehold improvements (45.0) (59.8) (51.0)
Net cash used in investing activities (55.1) (835.1) (352.7)
Cash flows from financing activities:      
Proceeds from long-term debt   663.6 110.0
Principal payments of current portion of long-term debt (305.0) (220.0) (20.0)
Debt issuance costs   (4.9)  
Cash dividends on common stock (223.5) (209.4) (193.3)
Repurchases of common stock from employee stock plans (13.9) (8.9) (6.2)
Shares issued under employee stock purchase plan (16.7) (0.6) (0.4)
Payments of contingent consideration related to acquisitions (13.1) (38.7) (9.1)
Proceeds from Cboe Digital syndication   1.5  
Purchase of common stock (83.9) (100.9) (81.3)
Net cash (used in) provided by financing activities (656.1) 81.7 (200.3)
Effect of foreign currency exchange rates on cash, cash equivalents, and restricted cash and cash equivalents 52.8 (10.0) (9.1)
Increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents 417.2 (112.3) 34.7
Cash, cash equivalents, and restricted cash and cash equivalents: Beginning of period 979.9 1,092.2 1,057.5
Cash, cash equivalents, and restricted cash and cash equivalents: End of period 1,397.1 979.9 1,092.2
Supplemental disclosure of cash transactions:      
Cash paid for income taxes, net of refunds 286.4 271.1 209.8
Cash paid for interest 56.7 51.0 42.1
Supplemental disclosure of noncash investing activities:      
Accounts receivable acquired   4.4 3.5
Financial investments acquired   1.5  
Other current assets acquired   1.6 1.0
Goodwill acquired   593.5 133.6
Intangible assets acquired   164.1 73.8
Property and equipment, net acquired   1.6 3.1
Data processing software and other assets acquired   2.0  
Operating lease right of use asset acquired   1.2  
Other assets, net acquired     0.5
Accounts payable and accrued liabilities assumed   (6.1) (1.8)
Income taxes payable acquired     (0.1)
Deferred revenue acquired   (0.6)  
Operating lease liability - non-current acquired   (1.2)  
Contingent consideration related to acquisitions   (10.1) (49.6)
Deferred income taxes acquired   (22.6) $ (15.6)
Other non-current liabilities acquired   (0.4)  
Paycheck Protection Program loan forgiveness   1.3  
Cboe Digital investor member revenue asset (3.2) (19.9)  
Cboe Digital option grant liability $ 3.2 $ 21.4