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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 506.2 $ 537.7
Short-term bank deposits 134.0 52.5
Marketable securities 731.7 939.8
Trade receivables, net 728.8 657.7
Prepaid expenses and other assets 92.7 70.0
Total current assets 2,193.4 2,257.7
LONG-TERM ASSETS:    
Marketable securities 1,411.9 1,429.7
Property and equipment, net 80.8 80.4
Deferred tax asset, net 74.7 81.8
Intangible assets, net 201.4 194.1
Goodwill 1,695.7 1,554.4
Other assets 96.6 97.4
Total long-term assets 3,561.1 3,437.8
Total assets 5,754.5 5,695.5
CURRENT LIABILITIES:    
Trade payables 54.8 48.3
Employees and payroll accruals 241.5 241.8
Deferred revenues 1,471.3 1,413.8
Accrued expenses and other liabilities 176.6 212.2
Total current liabilities 1,944.2 1,916.1
LONG-TERM LIABILITIES:    
Deferred revenues 529.0 493.9
Income tax accrual 459.6 436.1
Other liabilities 32.3 28.4
Total long-term liabilities 1,020.9 958.4
Total liabilities 2,965.1 2,874.5
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 0.01 par value, 500,000,000 shares authorized at December 31, 2024 and 2023; 261,223,970 shares issued at December 31, 2024 and 2023; 108,368,523 and 112,906,427 shares outstanding at December 31, 2024 and 2023, respectively 0.8 0.8
Additional paid-in capital 3,049.5 2,732.5
Treasury shares at cost, 152,855,447 and 148,317,543 ordinary shares at December 31, 2024 and 2023, respectively (14,264.4) (13,041.2)
Accumulated other comprehensive loss (10.3) (39.2)
Retained earnings 14,013.8 13,168.1
Total shareholders' equity 2,789.4 2,821.0
Total liabilities and shareholders' equity $ 5,754.5 $ 5,695.5