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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table provides a summary of assets and liabilities measured at fair value on a recurring basis and as reported in the Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024 (in millions):
Fair Value Measurements at
March 31, 2025
Fair Value Measurements at
December 31, 2024
Quoted Prices in
Active Markets For
Identical Assets
(Level 1)		Significant Other
Observable
Remaining Inputs
(Level 2)		Significant Other
Unobservable
Remaining Inputs
(Level 3)		TotalQuoted Prices in
Active Markets For
Identical Assets
(Level 1)		Significant Other
Observable
Remaining Inputs
(Level 2)		Significant Other
Unobservable
Remaining Inputs
(Level 3)		Total
Assets:
Available-for-sale debt securities:
Asset-backed and mortgage-backed securities$— $152.1 $— $152.1 $— $106.5 $— $106.5 
Certificates of deposit— 20.4 — 20.4 — 6.8 — 6.8 
Corporate debt securities — 342.6 — 342.6 — 309.4 — 309.4 
Commercial paper— 97.4 — 97.4 — 77.2 — 77.2 
Time deposits— 8.6 — 8.6 — 202.2 — 202.2 
U.S. government agency securities— 14.9 — 14.9 — 6.0 — 6.0 
U.S. government securities60.5 42.8 — 103.3 58.4 40.9 — 99.3 
Privately-held debt and redeemable preferred stock securities— — 30.9 30.9 — — 30.4 30.4 
Total available-for-sale debt securities60.5 678.8 30.9 770.2 58.4 749.0 30.4 837.8 
Equity securities:
Money market funds677.8 — — 677.8 562.6 — — 562.6 
Mutual funds48.5 — — 48.5 49.1 — — 49.1 
Publicly-traded equity securities10.6 — — 10.6 12.2 — — 12.2 
Total equity securities736.9 — — 736.9 623.9 — — 623.9 
Derivative assets:
Foreign exchange contracts— 5.1 — 5.1 — 1.1 — 1.1 
Total derivative assets— 5.1 — 5.1 — 1.1 — 1.1 
Total assets measured at fair value on a recurring basis$797.4 $683.9 $30.9 $1,512.2 $682.3 $750.1 $30.4 $1,462.8 
Liabilities:
Derivative liabilities:
Foreign exchange contracts$— $(6.3)$— $(6.3)$— $(12.0)$— $(12.0)
Interest rate contracts— (64.1)— (64.1)— (77.0)— (77.0)
Total derivative liabilities— (70.4)— (70.4)— (89.0)— (89.0)
Total liabilities measured at fair value on a recurring basis$— $(70.4)$— $(70.4)$— $(89.0)$— $(89.0)
Fair Value Measurements at
March 31, 2025
Fair Value Measurements at
December 31, 2024
Quoted Prices in
Active Markets For
Identical Assets
(Level 1)		Significant Other
Observable
Remaining Inputs
(Level 2)		Significant Other
Unobservable
Remaining Inputs
(Level 3)		TotalQuoted Prices in
Active Markets For
Identical Assets
(Level 1)		Significant Other
Observable
Remaining Inputs
(Level 2)		Significant Other
Unobservable
Remaining Inputs
(Level 3)		Total
Total assets, reported as:
Cash equivalents$677.8 $69.0 $— $746.8 $562.6 $273.9 $— $836.5 
Short-term investments36.9 231.8 — 268.7 21.5 138.8 — 160.3 
Long-term investments34.3 378.0 — 412.3 49.1 336.3 — 385.4 
Prepaid expenses and other current assets
3.6 3.5 — 7.1 3.5 1.1 — 4.6 
Other long-term assets44.8 1.6 30.9 77.3 45.6 — 30.4 76.0 
Total assets measured at fair value
$797.4 $683.9 $30.9 $1,512.2 $682.3 $750.1 $30.4 $1,462.8 
Total liabilities, reported as:
Other accrued liabilities$— $(6.0)$— $(6.0)$— $(12.0)$— $(12.0)
Other long-term liabilities— (64.4)— (64.4)— (77.0)— (77.0)
Total liabilities measured at fair value on a recurring basis
$— $(70.4)$— $(70.4)$— $(89.0)$— $(89.0)