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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 210.1 $ 229.3
Financial investments 176.5 71.0
Accounts receivable, net of $1.0 allowance for credit losses at June 30, 2020 and $0.7 at December 31, 2019 376.8 234.7
Income taxes receivable   56.8
Other current assets 17.8 15.8
Total current assets 781.2 607.6
Investments 61.3 61.2
Property and equipment, net 75.6 47.0
Property held for sale 13.0 21.1
Operating lease right of use assets 117.8 53.4
Goodwill 2,730.4 2,682.1
Intangible assets, net 1,526.2 1,589.9
Other assets, net 60.8 51.6
Total assets 5,366.3 5,113.9
Current liabilities:    
Accounts payable and accrued liabilities 216.0 171.9
Section 31 fees payable 247.5 99.0
Deferred revenue 17.3 4.5
Income taxes payable 14.9 4.0
Current portion of contingent consideration liability 0.8 2.2
Total current liabilities 496.5 281.6
Long-term debt 868.6 867.6
Unrecognized tax benefits 148.8 135.9
Deferred income taxes 384.9 399.7
Non-current operating lease liabilities 137.3 46.7
Contingent consideration liabilities 19.7  
Other non-current liabilities 24.2 26.8
Total liabilities 2,080.0 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, 125,976,027 and 108,757,176 shares issued and outstanding, respectively at June 30, 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, 17,218,851 shares at June 30, 2020 and 15,044,997 shares at December 31, 2019 (1,120.5) (887.1)
Additional paid-in capital 2,704.5 2,691.3
Retained earnings 1,703.7 1,512.6
Accumulated other comprehensive income, net (2.6) 37.6
Total stockholders' equity 3,286.3 3,355.6
Total liabilities and stockholders' equity $ 5,366.3 $ 5,113.9