XML 20 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Consolidated revenue $ 2,040.9 $ 2,057.8 $ 2,329.6
Consolidated expenses:      
Compensation and related expenses 915.3 907.5 1,071.5
Selling, general and administrative 376.5 358.2 385.5
Intangible amortization and impairments 29.0 48.3 51.6
Interest expense 133.3 123.8 114.4
Depreciation and other amortization 13.4 13.0 15.8
Other expenses (net) 40.3 45.8 34.7
Total consolidated expenses 1,507.8 1,496.6 1,673.5
Equity method income (net) 312.7 280.0 338.1
Affiliate Transaction gains 0.0 133.1 641.9
Investment and other income 77.4 117.1 110.3
Income before income taxes 923.2 1,091.4 1,746.4
Income tax expense 182.6 185.3 358.3
Net income 740.6 906.1 1,388.1
Net income (non-controlling interests) (229.0) (233.2) (242.2)
Net income (controlling interest) $ 511.6 $ 672.9 $ 1,145.9
Average shares outstanding (basic) (in shares) 31.1 35.1 38.5
Average shares outstanding (diluted) (in shares) 36.1 42.2 49.0
Earnings per share (basic) (in dollars per share) $ 16.45 $ 19.18 $ 29.77
Earnings per share (diluted) (in dollars per share) $ 15.13 $ 17.42 $ 25.35