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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 536.3 $ 543.2
Financial investments 58.8 57.5
Accounts receivable, net of $5.6 allowance for credit losses at March 31, 2024 and $4.5 at December 31, 2023 370.2 337.3
Margin deposits, clearing funds, and interoperability funds 1,544.6 848.8
Digital assets - safeguarded assets 93.3 51.3
Income taxes receivable 6.8 74.5
Other current assets 65.1 66.7
Total current assets 2,675.1 1,979.3
Investments 361.8 345.3
Property and equipment, net 106.0 109.2
Property held for sale 8.7 8.7
Operating lease right of use assets 130.6 136.6
Goodwill 3,133.8 3,140.6
Intangible assets, net 1,526.7 1,561.5
Other assets, net 209.4 206.3
Total assets 8,152.1 7,487.5
Current liabilities:    
Accounts payable and accrued liabilities 304.7 412.7
Section 31 fees payable 42.7 51.9
Deferred revenue 12.9 5.9
Margin deposits, clearing funds, and interoperability funds 1,544.6 848.8
Digital assets - safeguarded liabilities 93.3 51.3
Income taxes payable   1.0
Current portion of contingent consideration liabilities 8.8 11.8
Total current liabilities 2,007.0 1,383.4
Long-term debt 1,439.6 1,439.2
Non-current unrecognized tax benefits 257.4 243.8
Deferred income taxes 214.2 217.8
Non-current operating lease liabilities 144.3 150.8
Other non-current liabilities 65.5 67.5
Total liabilities 4,128.0 3,502.5
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $0.01 par value: 325,000,000 shares authorized, 105,931,791 and 105,341,315 shares issued and outstanding, respectively at March 31, 2024 and 105,556,817 and 105,527,815 shares issued and outstanding, respectively at December 31, 2023 1.1 1.1
Common stock in treasury, at cost, 590,476 shares at March 31, 2024 and 29,002 shares at December 31, 2023 (125.3) (10.5)
Additional paid-in capital 1,495.3 1,478.6
Retained earnings 2,676.2 2,525.2
Accumulated other comprehensive loss, net (23.2) (9.4)
Total stockholders' equity 4,024.1 3,985.0
Total liabilities and stockholders' equity $ 8,152.1 $ 7,487.5