Investments (Tables)

3 Months Ended

Mar. 31, 2026

Investments, All Other Investments [Abstract]

The following table presents the activity in equity method investments, which are classified within other assets:


	Equity Method Investments
Balance at December 31, 2025	$	96.2

Equity in loss of unconsolidated affiliates	(0.3)

Foreign currency translation adjustments and other	(2.0)
Balance at March 31, 2026	$	93.9

Schedule of Investments

The following table presents the activity in investments in equity securities, which are classified within other assets:


	Investment in Equity Securities, Level 2		Investments in Equity Securities, All Others (1)		Investments Total
Balance at December 31, 2025	$	6.7	$	111.2	$	117.9
New investments	—		3.3		3.3
Decrease in fair value of investments in equity securities	(0.1)		(5.9)		(6.0)


Foreign currency translation adjustments and other	—		0.3		0.3
Balance at March 31, 2026	$	6.6	$	108.9	$	115.5

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(1)Consists of investments in equity securities without a readily determinable fair value. Such investments are measured at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for an identical or a similar investment of the same issuer.