v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net loss $ (35.8) $ (115.0) $ (536.7)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation and amortization 2.6 3.1  
Equity in losses of unconsolidated affiliates 5.8 1.9  
Distributions from investments in unconsolidated affiliates 0.6 2.3  
Recognized losses (gains) and asset impairments, net 4.1 (7.2)  
Lease asset amortization 3.2 3.4  
Stock-based compensation expense 2.2 3.7  
Net loss from discontinued operations - see Note J 0.0 76.3  
Changes in assets and liabilities:      
Other assets 2.1 2.0  
Lease liabilities (4.0) (3.7)  
Accounts payable, accrued liabilities, deferred revenue and other liabilities (2.5) (2.4)  
Income taxes 0.5 44.7  
Net cash (used in) provided by operating activities (21.2) 9.1  
Cash flows from investing activities:      
Additions to property and equipment and other intangible assets (1.8) (1.9)  
Proceeds from sales of property and equipment 0.0 1.7  
Proceeds from sale of investments in unconsolidated affiliates and other long term investments 0.0 13.6  
Additional investments in unconsolidated affiliates (0.4) (30.1)  
Purchases of other long-term investments (2.1) (2.0)  
Distributions from investments in unconsolidated affiliates 2.5 5.5  
Proceeds from sale and maturity of short-term investment securities 0.0 6.2  
Net cash used in investing activities (1.8) (7.0)  
Cash flows from financing activities:      
Borrowings 0.2 2.3  
Debt service payments (0.6) (0.5)  
Other activity in non-controlling interests (0.1) 0.0  
Payment for vested shares withheld for taxes and in treasury (1.2) (1.6)  
Dividends paid (6.9) (7.6)  
Treasury stock repurchases (14.7) 0.0  
Net cash used in financing activities (23.3) (7.4)  
Net decrease in cash and cash equivalents (46.3) (5.3)  
Cash and cash equivalents at beginning of period 182.0 131.5 131.5
Cash and cash equivalents at end of period $ 135.7 $ 126.2 $ 182.0