v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 266.5 $ 713.0
Available-for-sale debt securities 1,049.7 767.4
Accounts receivable 768.1 686.8
Inventory 64.5 69.0
Prepaid expenses 224.8 170.7
Other current assets 62.5 115.8
Total current assets 2,436.1 2,522.7
Deferred tax assets 381.4 320.3
Available-for-sale debt securities 1,331.0 1,063.0
Right-of-use assets 447.1 455.4
Equity investments 146.1 120.8
Property and equipment, net 90.9 89.8
Other noncurrent assets 73.6 59.5
Total assets 4,906.2 4,631.5
Current liabilities:    
Accounts payable and accrued liabilities 773.0 674.3
Other current liabilities 58.7 69.1
Total current liabilities 831.7 743.4
Noncurrent operating lease liabilities 406.2 415.3
Other noncurrent liabilities 260.9 219.7
Total liabilities 1,498.8 1,378.4
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5.0 shares authorized; no shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 220.0 shares authorized; 100.6 and 100.1 shares issued and outstanding, respectively 0.1 0.1
Additional paid-in capital 2,817.3 2,792.2
Accumulated other comprehensive income 0.4 13.1
Retained earnings 589.6 447.7
Total stockholders’ equity 3,407.4 3,253.1
Total liabilities and stockholders’ equity $ 4,906.2 $ 4,631.5