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Investments (Tables)
3 Months Ended
Mar. 31, 2025
Investments, All Other Investments [Abstract]  
Schedule of Equity Method Investments
The following table presents the activity in equity method investments, which are classified within other assets:
Equity Method Investments
Balance at December 31, 2024$94.0 
Foreign currency translation adjustments and other0.3 
Balance at March 31, 2025$94.3 
Schedule of Investments
The following table presents the activity in investments in equity securities, which are classified within other assets:
Investment in Equity Securities,
Level 1
Investment in Equity Securities,
Level 2
Investments in Equity Securities, All Others (1)
Investments Total
Balance at December 31, 2024$1.5 $7.9 $105.2 $114.6 
New investments— — 1.4 1.4 
(Decrease) increase in fair value of investments in equity securities(0.4)(0.8)1.2 — 
Foreign currency translation adjustments and other0.1 — 0.8 0.9 
Balance at March 31, 2025$1.2 $7.1 $108.6 $116.9 
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(1)Consists of investments in equity securities without a readily determinable fair value. Such investments are measured at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for an identical or a similar investment of the same issuer.