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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 619.9 $ 506.2
Short-term bank deposits 176.9 134.0
Marketable securities 672.2 731.7
Trade receivables, net 436.9 728.8
Prepaid expenses and other assets 125.2 92.7
Total current assets 2,031.1 2,193.4
LONG-TERM ASSETS:    
Marketable securities 1,348.2 1,411.9
Property and equipment, net 83.1 80.8
Deferred tax asset, net 62.4 74.7
Intangible assets, net 175.7 201.4
Goodwill 1,754.1 1,695.7
Other assets 245.0 96.6
Total long-term assets 3,668.5 3,561.1
Total assets 5,699.6 5,754.5
CURRENT LIABILITIES:    
Trade payables 44.5 54.8
Employees and payroll accruals 194.3 241.5
Deferred revenues 1,317.3 1,471.3
Accrued expenses and other liabilities 156.5 176.6
Total current liabilities 1,712.6 1,944.2
LONG-TERM LIABILITIES:    
Deferred revenues 569.5 529.0
Income tax accrual 304.7 459.6
Other liabilities 33.0 32.3
Total long-term liabilities 907.2 1,020.9
Total liabilities 2,619.8 2,965.1
SHAREHOLDERS' EQUITY:    
Ordinary shares, NIS 0.01 par value, 500,000,000 shares authorized at September 30, 2025 and December 31, 2024; 261,223,970 shares issued at September 30, 2025 and December 31, 2024; 107,354,722 and 108,368,523 shares outstanding at September 30, 2025 and December 31, 2024, respectively 0.8 0.8
Additional paid-in capital 3,424.1 3,049.5
Treasury shares at cost, 153,869,248 and 152,855,447 ordinary shares at September 30, 2025, and December 31, 2024, respectively (15,144.0) (14,264.4)
Accumulated other comprehensive income (loss) 32.7 (10.3)
Retained earnings 14,766.2 14,013.8
Total shareholders' equity 3,079.8 2,789.4
Total liabilities and shareholders' equity $ 5,699.6 $ 5,754.5