Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss) (“AOCI”) by

component:


			Unrealized Holding Gains (Losses), Net of Tax
	Foreign Currency Translation Adjustment		On Available- For-Sale Debt Securities		On Foreign Currency Forward Contracts		Total

	(in millions)
Balance at December 31, 2025	$37.2		$34.0		$(87.1)		$(15.9)
Other comprehensive (loss) income before reclassifications	(11.6)		(49.1)		96.7		36.0
Amounts reclassified from accumulated other comprehensive income (loss)	—		0.5		27.9		28.4
Net current period other comprehensive (loss) income	(11.6)		(48.6)		124.6		64.4
Balance at June 30, 2026	$25.6		$(14.6)		$37.5		$48.5

Balance at December 31, 2024	$9.7		$7.1		$111.0		$127.8
Other comprehensive income (loss) before reclassifications	29.4		26.3		(280.0)		(224.3)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(2.4)		(2.2)		(4.6)
Net current period other comprehensive income (loss)	29.4		23.9		(282.2)		(228.9)
Balance at June 30, 2025	$39.1		$31.0		$(171.2)		$(101.1)