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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents our fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025, respectively:
June 30, 2026
Level 1Level 2Level 3Total
(In millions)
Assets:
Cash and cash equivalents$70.4 $— $— $70.4 
Equity securities:
SpaceX110.9 — — 110.9 
Total equity securities110.9 — — 110.9 
     Total assets$181.3 $— $— $181.3 
Liabilities:
Put Right$— $20.7 $— $20.7 
Total accounts payable and other accrued liabilities, current— 20.7 — 20.7 
Total liabilities$— $20.7 $— $20.7 
December 31, 2025
Level 1Level 2Level 3Total
(In millions)
Assets:
Cash and cash equivalents$182.0 $— $— 182.0 
Equity securities:
Other1.4 — — 1.4 
Total equity securities1.4 — — 1.4 
     Total assets$183.4 $— $— $183.4 
Liabilities:
Put Right$— $15.0 $— $15.0 
Total accounts payable and other accrued liabilities, current— 15.0 — 15.0 
Total liabilities$— $15.0 $— $15.0