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Fair Value Accounting (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on recurring basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:
 Fair Value Measurement as of March 31, 2025
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents$66.0 $ $ $66.0 
Contingent consideration(1)
$ $ $15.6 $15.6 
Total assets$66.0 $ $15.6 $81.6 
Liabilities:
Contingent consideration(2)
$ $ $1.5 $1.5 
Total liabilities$ $ $1.5 $1.5 
 Fair Value Measurement as of December 31, 2024
 Level 1Level 2Level 3Total
(in millions)
Assets:
Cash equivalents$133.0 $— $— $133.0 
Contingent consideration(1)
$— $— $15.4 $15.4 
Total assets$133.0 $— $15.4 $148.4 
Liabilities:
Contingent consideration(2)
$— $— $1.4 $1.4 
Total liabilities$— $— $1.4 $1.4 

(1) Included in other assets on the Consolidated Balance Sheets.
(2) Included in accrued liabilities on the Consolidated Balance Sheets.