CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 586.0	$ 950.0
Receivables	496.2	409.7
Investments	711.6	595.6
Goodwill	2,531.2	2,504.9
Acquired client relationships (net)	1,639.3	1,777.8
Equity method investments in Affiliates (net)	2,870.4	2,246.6
Fixed assets (net)	54.4	57.6
Other assets	318.3	288.7
Total assets	9,207.4	8,830.9
Liabilities and Equity
Payables and accrued liabilities	806.9	639.1
Debt	2,691.3	2,620.2
Deferred tax liability (net)	533.1	520.5
Other liabilities	754.0	402.4
Total liabilities	4,785.3	4,182.2
Commitments and contingencies (Note 6)
Redeemable non-controlling interests	246.8	350.5
Equity:
Common stock ($0.01 par value, 153.0 shares authorized; 58.5 shares issued as of December 31, 2024 and 2025)	0.6	0.6
Additional paid-in capital	616.1	733.1
Accumulated other comprehensive loss	(106.8)	(163.6)
Retained earnings	7,615.4	6,899.8
Total stockholders' equity before treasury stock	8,125.3	7,469.9
Less: Treasury stock, at cost (28.9 shares in 2024 and 31.5 shares in 2025)	(4,886.9)	(4,124.6)
Total stockholders' equity	3,238.4	3,345.3
Non-controlling interests	936.9	952.9
Total equity	4,175.3	4,298.2
Total liabilities and equity	$ 9,207.4	$ 8,830.9