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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Consolidated revenue $ 559.1 $ 507.3
Consolidated expenses:    
Compensation and related expenses 246.9 207.8
Selling, general and administrative 78.8 90.3
Intangible amortization and impairments 7.5 20.6
Interest expense 27.5 19.5
Depreciation and other amortization 4.3 5.1
Other expenses (net) 13.5 11.0
Total consolidated expenses 378.5 354.3
Equity method income (loss) (net) 51.7 (113.2)
Investment and other income 32.3 2.4
Income before income taxes 264.6 42.2
Income tax expense 50.5 2.2
Net income 214.1 40.0
Net income (non-controlling interests) (64.2) (55.6)
Net income (loss) (controlling interest) $ 149.9 $ (15.6)
Average shares outstanding (basic) (in shares) 42.6 47.8
Average shares outstanding (diluted) (in shares) 45.4 47.8
Earnings (loss) per share (basic) (in dollars per share) $ 3.52 $ (0.33)
Earnings (loss) per share (diluted) (in dollars per share) $ 3.41 $ (0.33)