v3.25.1
Fair Value (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025 and December 31, 2024:
 March 31, 2025
 TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$342.8 $340.8 $2.0 $ 
Cash and cash equivalents measured at net asset value33.3 
Restricted cash0.4 0.4   
Short-term investments15.2  15.2  
Foreign currency forward contracts2.3  2.3  
     Total assets$394.0 $341.2 $19.5 $ 
Liabilities:
Foreign currency forward contracts$10.0 $ $10.0 $ 
     Total liabilities$10.0 $ $10.0 $ 
 December 31, 2024
 TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$343.1 $341.8 $1.3 $— 
Cash and cash equivalents measured at net asset value30.1 
Restricted cash0.4 0.4 — — 
Short-term investments15.9 — 15.9 — 
Foreign currency forward contracts4.9 — 4.9 — 
     Total assets$394.4 $342.2 $22.1 $— 
Liabilities:
Foreign currency forward contracts$10.4 $— $10.4 $— 
     Total liabilities$10.4 $— $10.4 $—