v3.26.1
Fair Value Measurements (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Liabilities      
Net unrealized losses on equity securities $ 61.6 $ 5.3  
Increase in fair value of contingent consideration liability 1.7    
Other income (expense), net      
Liabilities      
Net unrealized losses on equity securities 61.6 $ 5.3  
Level 1      
Assets      
Equity securities 65.3   $ 126.9
Total assets 668.3   880.0
Liabilities      
Contingent consideration 0.0   0.0
Total liabilities 0.0   0.0
Level 1 | U.S. government and agency securities      
Assets      
Debt securities, available-for-sale 0.0   0.0
Level 1 | Corporate debt securities      
Assets      
Debt securities, available-for-sale 0.0   0.0
Level 1 | Money market funds      
Assets      
Cash and cash equivalents, fair value disclosure 397.5   753.1
Level 1 | Time deposits      
Assets      
Cash and cash equivalents, fair value disclosure 205.5   0.0
Level 2      
Assets      
Equity securities 0.0   0.0
Total assets 2,126.1   3,050.0
Liabilities      
Contingent consideration 0.0   0.0
Total liabilities 0.0   0.0
Level 2 | U.S. government and agency securities      
Assets      
Debt securities, available-for-sale 1,722.7   2,443.2
Level 2 | Corporate debt securities      
Assets      
Debt securities, available-for-sale 403.4   606.8
Level 2 | Money market funds      
Assets      
Cash and cash equivalents, fair value disclosure 0.0   0.0
Level 2 | Time deposits      
Assets      
Cash and cash equivalents, fair value disclosure 0.0   0.0
Level 3      
Assets      
Equity securities 0.0   0.0
Total assets 0.0   0.0
Liabilities      
Contingent consideration 34.2   32.5
Total liabilities 34.2   32.5
Level 3 | U.S. government and agency securities      
Assets      
Debt securities, available-for-sale 0.0   0.0
Level 3 | Corporate debt securities      
Assets      
Debt securities, available-for-sale 0.0   0.0
Level 3 | Money market funds      
Assets      
Cash and cash equivalents, fair value disclosure 0.0   0.0
Level 3 | Time deposits      
Assets      
Cash and cash equivalents, fair value disclosure 0.0   0.0
Balance      
Assets      
Equity securities 65.3   126.9
Total assets 2,794.4   3,930.0
Liabilities      
Contingent consideration 34.2   32.5
Total liabilities 34.2   32.5
Balance | U.S. government and agency securities      
Assets      
Debt securities, available-for-sale 1,722.7   2,443.2
Balance | Corporate debt securities      
Assets      
Debt securities, available-for-sale 403.4   606.8
Balance | Money market funds      
Assets      
Cash and cash equivalents, fair value disclosure 397.5   753.1
Balance | Time deposits      
Assets      
Cash and cash equivalents, fair value disclosure $ 205.5   $ 0.0