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Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025:
June 30, 2026
TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$368.0 $364.1 $3.9 $ 
Cash and cash equivalents measured at net asset value31.1 
Restricted cash1.4 1.4   
Short-term investments15.7  15.7  
Foreign currency forward contracts7.0  7.0  
     Total assets$423.2 $365.5 $26.6 $ 
Liabilities:
Foreign currency forward contracts$2.7 $ $2.7 $ 
     Total liabilities$2.7 $ $2.7 $ 
December 31, 2025
TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$348.8 $347.6 $1.2 $— 
Cash and cash equivalents measured at net asset value15.6 
Restricted cash1.0 1.0 — — 
Short-term investments21.1 — 21.1 — 
Foreign currency forward contracts2.5 — 2.5 — 
     Total assets$389.0 $348.6 $24.8 $— 
Liabilities:
Foreign currency forward contracts$1.8 $— $1.8 $— 
     Total liabilities$1.8 $— $1.8 $—