v3.26.1
CASH AND CASH EQUIVALENTS, SHORT-TERM BANK DEPOSITS AND MARKETABLE SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2025
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Schedule of Cash Cash Equivalents and Investments
 
  
December 31,
  
 
  
2025
    
2024
  
Cash and cash equivalents:
            
Cash
  
$
109.8
    
$
54.5
  
Money market funds
    
1,464.5
      
158.1
  
Short term deposits
    
225.7
      
293.6
  
 
                
Total Cash and cash equivalents
    
1,800.0
      
506.2
  
 
                
Short-term bank deposits:
    
525.7
      
134.0
  
Marketable securities:
                
Debt securities issued by the U.S. Treasury and other U.S. government agencies
    
474.3
      
518.4
  
Debt securities issued by other governments
    
39.3
      
55.4
  
Corporate debt securities
    
1,502.4
      
1,569.8
  
 
                
Total Marketable securities
    
2,016.0
      
2,143.6
  
Total Cash and cash equivalents, short-term bank deposits and marketable securities
  
$
4,341.7
    
$
2,783.8

 
Schedule of Contractual Obligation Fiscal Year Maturity
 
  
December 31, 2025
  
   
Amortized Cost
    
Gross unrealized
gain
    
Gross unrealized loss
    
Fair Value
  
Contractual maturity year:
                        
Within one year          
  
$
689.6
    
$
1.2
    
$
(1.6
)
  
$
689.2
  
After one year through five years
    
1,312.3
      
15.0
      
(0.5
)
    
1,326.8
  
 
                                
Total
  
$
2,001.9
    
$
16.2
    
$
(2.1
)
  
$
2,016.0
  
 
  
December 31, 2024
  
   
Amortized Cost
    
Gross unrealized
gain
    
Gross unrealized loss
    
Fair Value
  
Contractual maturity year:
                        
Within one year          
  
$
736.3
    
$
0.3
    
$
(4.9
)
  
$
731.7
  
After one year through five years
    
1,424.5
      
2.8
      
(15.4
)
    
1,411.9
  
 
                                
Total
  
$
2,160.8
    
$
3.1
    
$
(20.3
)
  
$
2,143.6