v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 110.6 $ 105.8
Accounts receivable, net of allowance for credit losses and accrued customer credits of $12.2 and $12.4, respectively 278.7 266.5
Prepaid expenses 96.0 84.4
Other current assets 70.6 61.1
Total current assets 555.9 517.8
Property, equipment and software, net 574.6 596.3
Goodwill, net 738.7 740.1
Intangible assets, net 635.8 698.3
Operating right-of-use assets 119.9 144.6
Other non-current assets 120.4 102.7
Total assets 2,745.3 2,799.8
Current liabilities:    
Accounts payable and accrued expenses 394.8 413.9
Accrued compensation and benefits 67.0 85.4
Deferred revenue 96.3 94.6
Debt 24.8 27.3
Accrued interest 5.5 5.4
Operating lease liabilities 49.3 54.7
Finance lease liabilities 61.5 48.0
Financing obligations 10.1 14.0
Other current liabilities 26.2 23.4
Total current liabilities 735.5 766.7
Non-current liabilities:    
Debt 2,761.9 2,718.7
Operating lease liabilities 66.6 84.2
Finance lease liabilities 297.0 297.7
Financing obligations 37.2 39.3
Deferred income taxes 47.0 34.7
Other non-current liabilities 81.2 78.0
Total liabilities 4,026.4 4,019.3
Commitments and Contingencies (Note 8)
Stockholders' deficit:    
Preferred stock, $0.01 par value per share: 5.0 shares authorized; no shares issued or outstanding 0.0 0.0
Common stock, $0.01 par value per share: 1,495.0 shares authorized; 248.4 and 254.8 shares issued; 245.3 and 251.7 shares outstanding, respectively 2.5 2.5
Additional paid-in capital 2,716.9 2,709.7
Accumulated other comprehensive income (loss) (2.1) 7.5
Accumulated deficit (3,967.4) (3,908.2)
Treasury stock, at cost; 3.1 shares held (31.0) (31.0)
Total stockholders' deficit (1,281.1) (1,219.5)
Total liabilities and stockholders' deficit $ 2,745.3 $ 2,799.8