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v3.23.1

Financial Instruments and Risk Management (Financial Assets and Liabilities Carried at Fair Value) (Details) - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022
--- | --- | --- | ---
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity securities | $ 45.0 | $ 42.6 |
Fair value of financial instruments | 92.5 | 134.7 |
Available-for-sale fixed income investments |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 36.0 | 35.3 |
Level 1 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Cash equivalents | 18.9 | 688.8 |
Equity securities | 45.0 | 42.6 |
Total assets at recurring fair value measurement | 63.9 | 731.4 |
Level 1 | Money market funds |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Cash equivalents | 18.9 | 688.8 |
Level 1 | Exchange traded funds |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity securities | 44.8 | 42.4 |
Level 1 | Marketable securities |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity securities | 0.2 | 0.2 |
Level 2 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Total assets at recurring fair value measurement | 128.5 | 170.0 |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 98.5 | 187.0 |
Level 2 | Foreign currency forward contracts |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Foreign exchange derivative assets | 92.5 | 134.7 |
Foreign exchange derivative liabilities | 98.5 | 187.0 |
Level 2 | Available-for-sale fixed income investments |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 36.0 | 35.3 |
Level 2 | Corporate Bond Securities [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 14.9 | 13.2 |
Level 2 | U.S. Treasuries |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 11.9 | 11.7 |
Level 2 | Agency mortgage-backed securities |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 4.0 | 4.7 |
Level 2 | Asset-backed Securities |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 5.0 | 5.1 |
Level 2 | Other |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Available-for-sale securities | 0.2 | 0.6 |
Level 3 |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Total assets at recurring fair value measurement |  | 997.4 | $ 1,000.0
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 372.5 | 375.0 |
Level 3 | Contingent consideration |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Other Liabilities, Fair Value Disclosure | 372.5 |  |
Level 3 | Convertible Preferred Stock |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity Securities, FV-NI | 1,000.0 | 997.4 |
Designated as Hedging Instrument |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Fair value of financial instruments | $ 22.0 | $ 30.4 |

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