v3.25.2
Fair value measurements - Reconciliation of Investments Measured at Fair Value using Level 3 Inputs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance $ 114.8 $ 172.0 $ 87.5 $ 185.4
Transfers in to (out of) Level 3 0.0 0.0 0.0 0.0
Purchases 0.0 0.0 0.0 0.0
Sales & Settlements 0.0 (0.4) 0.0 (5.0)
Realized and Unrealized Gains (Losses) (8.7) (44.7) 18.6 (53.5)
Ending balance 106.1 126.9 106.1 126.9
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (6.1) (103.8) (14.3) (73.7)
Transfers in to (out of) Level 3 0.0 0.0 0.0 0.0
Purchases 0.0 0.0 0.0 0.0
Sales & Settlements 0.0 2.2 5.4 1.1
Realized and Unrealized Gains (Losses) (6.2) 10.3 (3.4) (18.7)
Ending balance (12.3) (91.3) (12.3) (91.3)
Liability-classified capital instruments        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance   (83.2)   (67.3)
Transfers in to (out of) Level 3   0.0   0.0
Purchases   0.0   0.0
Sales & Settlements   0.0   0.0
Realized and Unrealized Gains (Losses)   10.6   (5.3)
Ending balance   (72.6)   (72.6)
Derivative liabilities        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance (6.1) (20.6) (14.3) (6.4)
Transfers in to (out of) Level 3 0.0 0.0 0.0 0.0
Purchases 0.0 0.0 0.0 0.0
Sales & Settlements 0.0 2.2 5.4 1.1
Realized and Unrealized Gains (Losses) (6.2) (0.3) (3.4) (13.4)
Ending balance (12.3) (18.7) (12.3) (18.7)
Other long-term investments        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 87.0 170.6 86.6 169.7
Transfers in to (out of) Level 3 0.0 0.0 0.0 0.0
Purchases 0.0 0.0 0.0 0.0
Sales & Settlements 0.0 0.0 0.0 0.0
Realized and Unrealized Gains (Losses) 0.0 (51.0) 0.4 (50.1)
Ending balance 87.0 119.6 87.0 119.6
Derivative assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning balance 27.8 1.4 0.9 15.7
Transfers in to (out of) Level 3 0.0 0.0 0.0 0.0
Purchases 0.0 0.0 0.0 0.0
Sales & Settlements 0.0 (0.4) 0.0 (5.0)
Realized and Unrealized Gains (Losses) (8.7) 6.3 18.2 (3.4)
Ending balance $ 19.1 $ 7.3 $ 19.1 $ 7.3