v3.26.1
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Financial Instruments, Owned, at Fair Value, by Type, Alternative [Abstract]  
Cash, Cash Equivalents, And Marketable Securities
The following table summarizes the Company’s cash, cash equivalents, and marketable securities and the fair value categorization of the financial instruments measured at fair value on a recurring basis:
June 30,December 31,
20262025
 (In millions)
Cash$16.2 $18.5 
Time deposits2.2 1.9 
Money market funds (Level 1)737.7 243.3 
Debt securities issued by the U.S. Treasury (Level 1)279.6 318.4 
Total$1,035.7 $582.1 
Cash and cash equivalents$840.9 $307.9 
Restricted cash (included in Other long-term assets)1.6 1.6 
Total Cash, cash equivalents, and restricted cash842.5 309.5 
Marketable securities193.2 272.6 
Total
$1,035.7 $582.1