v3.26.1
Investments (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Marketable Securities
The following table presents the remaining maturities and values of our marketable securities as of the dates shown.
June 30, 2026December 31, 2025
(in millions, except maturities in months)Remaining
Maturities
Amortized CostFair ValueAmortized CostFair Value
U.S. treasury and government agencies4 to 56 months$17.0 $16.1 $18.0 $17.1 
Corporate debt securities7 to 82 months8.2 8.1 11.2 11.1 
State and municipal bonds16 to 148 months10.3 10.2 13.7 13.6 
Total marketable securities$35.5 $34.4 $42.9 $41.8 
Equity Investments without Readily Determinable Fair Values
The following table summarizes the activity related to these equity investments during the periods presented.
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2026202520262025
Investment in equity securities$— $13.4 $— $13.4 
Upward adjustments (1)
— — — 4.4 
Downward adjustments— — — 4.9 
(1)     Our updated investment value in 2025 related to Platform Science, Inc. and was determined using a combination of the discounted cash flow and guideline public company methods.