CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 66.7	$ 131.5
Short-term investments	0.0	6.2
Other current assets	17.9	23.5
Income taxes receivable	10.9	35.7
Assets of discontinued operations held for sale - see Note J	528.0	0.0
Total current assets	623.5	196.9
Investments in unconsolidated affiliates	629.9	764.9
Equity securities, at fair value	39.2	56.2
Lease assets	131.7	136.0
Property and equipment, net	53.0	61.8
Goodwill	53.4	53.4
Deferred tax asset	55.0	73.9
Other intangible assets, net	14.1	15.1
Other long-term investments and non-current assets	186.0	178.8
Noncurrent assets of discontinued operations held for sale - see Note J	0.0	691.9
Total assets	1,785.8	2,228.9
Current liabilities:
Accounts payable and other accrued liabilities, current	89.4	54.8
Lease liabilities, current	15.0	14.5
Deferred revenue	13.4	16.2
Notes payable, current	106.7	61.0
Total current liabilities	224.5	146.5
Lease liabilities, long-term	129.5	134.6
Notes payable, long-term	61.7	120.0
Accounts payable and other accrued liabilities, long-term	13.4	12.5
Total liabilities	429.1	413.6
Commitments and contingencies - see Note H
Equity:
Cannae common stock, 0.0001 par value; authorized 115,000,000 shares as of June 30, 2025 and December 31, 2024; issued of 94,699,590 and 94,328,322 shares as of June 30, 2025 and December 31, 2024, respectively, and outstanding of 57,788,396 and 62,789,542 shares as of June 30, 2025 and December 31, 2024, respectively (excluding the 2,413,357 shares subject to possible redemption)	0.0	0.0
Preferred stock, 0.0001 par value; authorized 10,000,000 shares; none issued and outstanding as of June 30, 2025 and December 31, 2024	0.0	0.0
Retained earnings	200.1	567.1
Additional paid-in capital	2,035.4	2,013.3
Less: Treasury stock, 36,911,194 and 31,538,780 shares as of June 30, 2025 and December 31, 2024, respectively, at cost	(838.6)	(724.7)
Accumulated other comprehensive loss	(15.5)	(19.2)
Total Cannae shareholders' equity	1,381.4	1,836.5
Noncontrolling interests	(24.7)	(21.2)
Total equity	1,356.7	1,815.3
Total liabilities and equity	$ 1,785.8	$ 2,228.9

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer), including liabilities for compensation costs, fringe benefits other than pension and postretirement obligations, rent, contractual rights and obligations, and statutory obligations.