CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 361.0	$ 950.0
Receivables	571.0	409.7
Investments	644.1	595.6
Goodwill	2,537.6	2,504.9
Acquired client relationships (net)	1,716.1	1,777.8
Equity method investments in Affiliates (net)	2,618.3	2,246.6
Fixed assets (net)	56.7	57.6
Other assets	302.8	288.7
Total assets	8,807.6	8,830.9
Liabilities and Equity
Payables and accrued liabilities	692.4	639.1
Debt	2,621.2	2,620.2
Deferred tax liability (net)	544.3	520.5
Other liabilities	474.9	402.4
Total liabilities	4,332.8	4,182.2
Commitments and contingencies (Note 7)
Redeemable non-controlling interests	336.1	350.5
Equity:
Common stock ($0.01 par value, 153.0 shares authorized; 58.5 shares issued as of December 31, 2024 and June 30, 2025)	0.6	0.6
Additional paid-in capital	701.2	733.1
Accumulated other comprehensive loss	(125.0)	(163.6)
Retained earnings	7,055.9	6,899.8
Total stockholders' equity before treasury stock	7,632.7	7,469.9
Less: Treasury stock, at cost (28.9 shares and 30.2 shares as of December 31, 2024 and June 30, 2025, respectively)	(4,394.0)	(4,124.6)
Total stockholders' equity	3,238.7	3,345.3
Non-controlling interests	900.0	952.9
Total equity	4,138.7	4,298.2
Total liabilities and equity	$ 8,807.6	$ 8,830.9