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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 614.6 $ 543.2
Financial investments 83.7 57.5
Accounts receivable, net of $5.6 allowance for credit losses at June 30, 2024 and $4.5 at December 31, 2023 372.7 337.3
Margin deposits, clearing funds, and interoperability funds 2,728.8 848.8
Digital assets - safeguarded assets 6.9 51.3
Income taxes receivable 34.9 74.5
Other current assets 57.9 66.7
Total current assets 3,899.5 1,979.3
Investments 359.5 345.3
Property and equipment, net 115.1 109.2
Property held for sale   8.7
Operating lease right of use assets 115.3 136.6
Goodwill 3,132.9 3,140.6
Intangible assets, net 1,424.7 1,561.5
Other assets, net 208.6 206.3
Total assets 9,255.6 7,487.5
Current liabilities:    
Accounts payable and accrued liabilities 290.9 412.7
Section 31 fees payable 120.6 51.9
Deferred revenue 9.9 5.9
Margin deposits, clearing funds, and interoperability funds 2,728.8 848.8
Digital assets - safeguarded liabilities 6.9 51.3
Income taxes payable   1.0
Current portion of contingent consideration liabilities 1.8 11.8
Total current liabilities 3,158.9 1,383.4
Long-term debt 1,440.1 1,439.2
Non-current unrecognized tax benefits 270.9 243.8
Deferred income taxes 194.7 217.8
Non-current operating lease liabilities 126.3 150.8
Other non-current liabilities 43.0 67.5
Total liabilities 5,233.9 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 June 30, 2024 and December 31, 2023
Common stock, $0.01 par value: 325,000,000 shares authorized, 105,962,230 and 104,788,542 shares issued and outstanding, respectively at June 30, 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, 1,173,688 shares at June 30, 2024 and 29,002 shares at December 31, 2023 (217.4) (10.5)
Additional paid-in capital 1,506.0 1,478.6
Retained earnings 2,758.4 2,525.2
Accumulated other comprehensive loss, net (26.4) (9.4)
Total stockholders' equity 4,021.7 3,985.0
Total liabilities and stockholders' equity $ 9,255.6 $ 7,487.5