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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 165.2 $ 229.3
Financial investments 43.6 71.0
Accounts receivable, net of $1.2 allowance for credit losses at March 31, 2020 and $0.7 at December 31, 2019 396.5 234.7
Income taxes receivable 11.5 56.8
Other current assets 15.3 15.8
Total current assets 632.1 607.6
Investments 62.3 61.2
Property and equipment, net 70.7 47.0
Property held for sale 21.1 21.1
Operating lease right of use assets 114.0 53.4
Goodwill 2,725.4 2,682.1
Intangible assets, net 1,555.5 1,589.9
Other assets, net 56.4 51.6
Total assets 5,237.5 5,113.9
Current liabilities:    
Accounts payable and accrued liabilities 208.1 171.9
Section 31 fees payable 129.1 99.0
Deferred revenue 17.2 4.5
Income taxes payable 2.9 4.0
Current portion of contingent consideration liability 0.8 2.2
Total current liabilities 358.1 281.6
Long-term debt 868.1 867.6
Unrecognized tax benefits 142.1 135.9
Deferred income taxes 392.2 399.7
Non-current operating lease liabilities 128.3 46.7
Contingent consideration liabilities 16.7  
Other non-current liabilities 21.9 26.8
Total liabilities 1,927.4 1,758.3
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019
Common stock, $0.01 par value: 325,000,000 shares authorized, 125,944,478 and 109,719,823 shares issued and outstanding, respectively at March 31, 2020 and 125,701,889 and 110,656,892 shares issued and outstanding, respectively at December 31, 2019 1.2 1.2
Common stock in treasury, at cost, 16,224,655 shares at March 31, 2020 and 15,044,997 shares at December 31, 2019 (1,020.5) (887.1)
Additional paid-in capital 2,699.7 2,691.3
Retained earnings 1,629.6 1,512.6
Accumulated other comprehensive income, net 0.1 37.6
Total stockholders' equity 3,310.1 3,355.6
Total liabilities and stockholders' equity $ 5,237.5 $ 5,113.9