v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (includes restricted cash of $3.6 and $3.7 at September 30, 2026 and December 31, 2025, respectively) $ 261.0 $ 515.3
Accounts receivable (net of allowances of $7.4 and $6.4 at September 30, 2026 and December 31, 2025, respectively) 860.1 986.7
Prepaid income taxes 90.8 69.3
Prepaid and other assets 87.0 73.5
Total current assets 1,298.9 1,644.8
Property, equipment and leasehold improvements, net 99.1 87.3
Right of use assets 151.4 112.9
Goodwill 3,047.8 2,923.4
Intangible assets, net 899.1 832.5
Deferred tax assets 45.6 45.9
Other non-current assets 53.4 55.7
Total assets 5,595.3 5,702.5
Current liabilities:    
Accounts payable 5.9 15.3
Income taxes payable 57.9 74.4
Accrued compensation and related benefits 217.7 242.9
Other accrued liabilities 256.7 265.4
Deferred revenue 1,036.7 1,231.8
Total current liabilities 1,574.9 1,829.8
Long-term debt 6,716.9 6,202.3
Long-term operating lease liabilities 149.2 107.5
Deferred tax liabilities 29.7 101.6
Other non-current liabilities 141.0 115.8
Total liabilities 8,611.7 8,357.0
Commitments and Contingencies (see Note 7)
Shareholders’ equity (deficit):    
Preferred stock (par value $0.01; 100.0 shares authorized; no shares issued) 0.0 0.0
Common stock (par value $0.01; 750.0 common shares authorized; 134.5 and 134.4 common shares issued and 71.7 and 73.6 common shares outstanding at September 30, 2026 and December 31, 2025, respectively) 1.3 1.3
Treasury shares, at cost (62.8 and 60.8 common shares held at September 30, 2026 and December 31, 2025, respectively) (10,958.2) (9,834.4)
Additional paid in capital 1,919.6 1,802.5
Retained earnings 6,079.4 5,427.6
Accumulated other comprehensive loss (58.5) (51.5)
Total shareholders’ equity (deficit) (3,016.4) (2,654.5)
Total liabilities and shareholders’ equity (deficit) $ 5,595.3 $ 5,702.5