v3.26.1
Consolidation (Tables)
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Consolidated Federated Funds VIE The following table presents the balances related to the consolidated VIEs that were included on the Consolidated Balance Sheets as well as Federated Hermes’ net interest in the consolidated VIEs for each period presented:
(in millions)June 30, 2026December 31, 2025
Cash and Cash Equivalents$7.5 $7.4 
Investments—Consolidated Investment Companies84.6 81.0 
Receivables—Affiliates0.8 0.1 
Other Current Assets1.0 0.5 
Other Long-Term Assets24.4 22.7 
Less: Liabilities(17.9)(13.1)
Less: Redeemable Noncontrolling Interests in Subsidiaries(53.8)(44.0)
Federated Hermes’ Net Interest in VIEs$46.6 $54.6