v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (includes restricted cash of $3.7 and $3.7 at June 30, 2026 and December 31, 2025, respectively) $ 356.4 $ 515.3
Accounts receivable (net of allowances of $7.2 and $6.4 at June 30, 2026 and December 31, 2025, respectively) 884.4 986.7
Prepaid income taxes 104.0 69.3
Prepaid and other assets 91.4 73.5
Total current assets 1,436.2 1,644.8
Property, equipment and leasehold improvements, net 93.2 87.3
Right of use assets 141.5 112.9
Goodwill 2,974.2 2,923.4
Intangible assets, net 855.9 832.5
Deferred tax assets 45.7 45.9
Other non-current assets 55.8 55.7
Total assets 5,602.5 5,702.5
Current liabilities:    
Accounts payable 17.2 15.3
Income taxes payable 40.3 74.4
Accrued compensation and related benefits 157.2 242.9
Other accrued liabilities 254.1 265.4
Deferred revenue 1,136.9 1,231.8
Total current liabilities 1,605.7 1,829.8
Long-term debt 6,380.4 6,202.3
Long-term operating lease liabilities 138.9 107.5
Deferred tax liabilities 28.2 101.6
Other non-current liabilities 138.8 115.8
Total liabilities 8,292.0 8,357.0
Commitments and Contingencies (see Note 7)
Shareholders’ equity (deficit):    
Preferred stock (par value $0.01; 100.0 shares authorized; no shares issued) 0.0 0.0
Common stock (par value $0.01; 750.0 common shares authorized; 134.5 and 134.4 common shares issued and 72.7 and 73.6 common shares outstanding at June 30, 2026 and December 31, 2025, respectively) 1.3 1.3
Treasury shares, at cost (61.8 and 60.8 common shares held at June 30, 2026 and December 31, 2025, respectively) (10,400.0) (9,834.4)
Additional paid in capital 1,889.9 1,802.5
Retained earnings 5,876.7 5,427.6
Accumulated other comprehensive loss (57.4) (51.5)
Total shareholders’ equity (deficit) (2,689.5) (2,654.5)
Total liabilities and shareholders’ equity (deficit) $ 5,602.5 $ 5,702.5