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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 194.1 $ 233.0
Available-for-sale debt securities 749.4 843.1
Accounts receivable 516.0 479.1
Inventory 59.1 57.4
Other current assets 119.3 112.1
Total current assets 1,637.9 1,724.7
Deferred tax assets 499.4 485.7
Available-for-sale debt securities 815.3 739.5
Right-of-use assets 502.2 509.4
Equity investments 94.2 124.8
Property and equipment, net 87.0 82.6
Intangible assets, net 36.4 36.5
Other noncurrent assets 15.3 15.5
Total assets 3,687.7 3,718.7
Current liabilities:    
Accounts payable and accrued liabilities 475.2 461.6
Other current liabilities 47.7 46.1
Total current liabilities 522.9 507.7
Noncurrent operating lease liabilities 447.5 455.1
Other noncurrent liabilities 181.6 166.2
Total liabilities 1,152.0 1,129.0
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5.0 shares authorized; no shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 220.0 shares authorized; 99.0 and 99.4 shares issued and outstanding, respectively 0.1 0.1
Additional paid-in capital 2,531.9 2,554.6
Accumulated other comprehensive income 9.0 5.8
(Accumulated deficit) Retained earnings (5.3) 29.2
Total stockholders’ equity 2,535.7 2,589.7
Total liabilities and stockholders’ equity $ 3,687.7 $ 3,718.7