v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 882.6 $ 1,217.2
Investments 380.7 337.1
Fees and other receivables 309.3 356.6
OEIC and unit trust receivables 106.7 68.7
Other current assets 153.0 134.5
Total current assets 2,955.3 2,639.5
Non-current assets:    
Property, equipment and software, net 36.6 39.4
Intangible assets, net 2,540.5 2,473.3
Goodwill 1,633.8 1,550.4
Retirement benefit asset, net 78.2 70.3
Other non-current assets 207.1 190.2
Total assets 7,451.5 6,963.1
Current liabilities:    
Current portion of accrued compensation, benefits and staff costs 207.9 388.6
OEIC and unit trust payables 105.7 75.6
Total current liabilities 658.4 735.0
Non-current liabilities:    
Accrued compensation, benefits and staff costs 26.7 38.8
Long-term debt 395.2 395.0
Deferred tax liabilities, net 577.2 569.3
Other non-current liabilities 149.4 141.9
Total liabilities 1,806.9 1,880.0
Commitments and contingencies (See Note 16)
REDEEMABLE NONCONTROLLING INTERESTS 744.7 365.0
EQUITY    
Common stock, $1.50 par value; 480,000,000 shares authorized, and 156,213,508 and 158,126,855 shares issued and outstanding as of June 30, 2025, and December 31, 2024, respectively 234.3 237.2
Additional paid-in capital 3,689.9 3,745.3
Treasury shares, 43,152 and 36,171 shares held at June 30, 2025, and December 31, 2024, respectively (1.1) (0.9)
Accumulated other comprehensive loss, net of tax (321.5) (485.2)
Retained earnings 1,167.0 1,095.1
Total shareholders’ equity 4,768.6 4,591.5
Nonredeemable noncontrolling interests 131.3 126.6
Total equity 4,899.9 4,718.1
Total liabilities, redeemable noncontrolling interests and equity 7,451.5 6,963.1
Variable Interest Entity, Primary Beneficiary [Member]    
Current assets:    
Cash and cash equivalents 29.2 17.6
Investments 1,059.4 502.1
Other current assets 34.4 5.7
Current liabilities:    
Accounts payable and accrued liabilities 40.4 4.7
Consolidated Entity, Excluding Consolidated VIE [Member]    
Current liabilities:    
Accounts payable and accrued liabilities $ 304.4 $ 266.1