v3.24.1.1.u2
CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (101.0) $ 12.5
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Depreciation and amortization 23.5 23.1
Stock compensation 15.1 6.7
Operating lease right-of-use asset expense 6.2 7.8
Goodwill and other asset impairments 24.0 0.0
Deferred income taxes 4.2 (3.6)
Other, net (12.1) 0.9
Changes in assets and liabilities:    
Decrease in accounts receivable and unbilled services, net 40.5 27.3
Increase in prepaid expenses and other (25.5) (19.1)
Increase (decrease) in accounts payable (0.9) 20.4
Increase (decrease) in unearned revenue 26.4 (12.9)
Decrease in accrued expenses and other (26.0) (65.1)
Net cash used for operating activities (25.6) (2.0)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (9.3) (16.2)
Proceeds from sale of assets 0.1 0.0
Net cash used for investing activities (9.2) (16.2)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facilities 271.0 0.0
Payments on revolving credit facilities (242.0) 0.0
Principal payments of long-term debt (7.7) 0.0
Net transfers to Former Parent 0.0 24.5
Net cash provided by financing activities 21.3 24.5
Effect of exchange rate changes on cash and cash equivalents (2.3) 1.5
Net change in cash and cash equivalents (15.8) 7.8
Cash and cash equivalents at beginning of period 108.6 110.4
Cash and cash equivalents at end of period $ 92.8 $ 118.2