v3.26.1
Fair Value Measurements (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Liabilities          
Net unrealized gain (loss) on equity securities     $ (48.2) $ (9.3)  
Increase in fair value of contingent consideration liability     4.9    
Income Statement Location [Axis]: us-gaap:OtherNonoperatingIncomeExpense          
Liabilities          
Net unrealized gain (loss) on equity securities $ 13.4 $ (4.0) (48.2) $ (9.3)  
Level 1          
Assets          
Equity securities 78.7   78.7   $ 126.9
Total assets 970.1   970.1   880.0
Liabilities          
Contingent consideration 0.0   0.0   0.0
Total liabilities 0.0   0.0   0.0
Level 1 | U.S. government and agency securities          
Assets          
Debt securities, available-for-sale 0.0   0.0   0.0
Level 1 | Corporate debt securities          
Assets          
Debt securities, available-for-sale 0.0   0.0   0.0
Level 1 | Money market funds          
Assets          
Cash and cash equivalents, fair value disclosure 684.0   684.0   753.1
Level 1 | Time deposits          
Assets          
Cash and cash equivalents, fair value disclosure 207.4   207.4   0.0
Level 2          
Assets          
Equity securities 0.0   0.0   0.0
Total assets 1,921.5   1,921.5   3,050.0
Liabilities          
Contingent consideration 0.0   0.0   0.0
Total liabilities 0.0   0.0   0.0
Level 2 | U.S. government and agency securities          
Assets          
Debt securities, available-for-sale 1,567.7   1,567.7   2,443.2
Level 2 | Corporate debt securities          
Assets          
Debt securities, available-for-sale 353.8   353.8   606.8
Level 2 | Money market funds          
Assets          
Cash and cash equivalents, fair value disclosure 0.0   0.0   0.0
Level 2 | Time deposits          
Assets          
Cash and cash equivalents, fair value disclosure 0.0   0.0   0.0
Level 3          
Assets          
Equity securities 0.0   0.0   0.0
Total assets 0.0   0.0   0.0
Liabilities          
Contingent consideration 37.4   37.4   32.5
Total liabilities 37.4   37.4   32.5
Level 3 | U.S. government and agency securities          
Assets          
Debt securities, available-for-sale 0.0   0.0   0.0
Level 3 | Corporate debt securities          
Assets          
Debt securities, available-for-sale 0.0   0.0   0.0
Level 3 | Money market funds          
Assets          
Cash and cash equivalents, fair value disclosure 0.0   0.0   0.0
Level 3 | Time deposits          
Assets          
Cash and cash equivalents, fair value disclosure 0.0   0.0   0.0
Balance          
Assets          
Equity securities 78.7   78.7   126.9
Total assets 2,891.6   2,891.6   3,930.0
Liabilities          
Contingent consideration 37.4   37.4   32.5
Total liabilities 37.4   37.4   32.5
Balance | U.S. government and agency securities          
Assets          
Debt securities, available-for-sale 1,567.7   1,567.7   2,443.2
Balance | Corporate debt securities          
Assets          
Debt securities, available-for-sale 353.8   353.8   606.8
Balance | Money market funds          
Assets          
Cash and cash equivalents, fair value disclosure 684.0   684.0   753.1
Balance | Time deposits          
Assets          
Cash and cash equivalents, fair value disclosure $ 207.4   $ 207.4   $ 0.0