Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes reportable segment revenues, expenses, and profit and provides a reconciliation of total reportable segment Adjusted EBITDA to Net income (loss) for the periods indicated:

	Year Ended December 31,
	2024		2023		2022
Academia & Government
Revenues	$	1,326.4	$	1,323.3	$	1,280.1
People-related costs	(349.7)		(352.8)		(379.1)
Royalties and other product costs	(248.5)		(247.7)		(253.1)
Technology costs	(80.5)		(75.6)		(69.6)
Outside service costs	(39.9)		(43.0)		(46.2)
Other costs	(44.0)		(45.7)		(46.6)
A&G Adjusted EBITDA	$	563.8	$	558.5	$	485.5
Intellectual Property
Revenues	$	811.4	$	862.7	$	927.1
People-related costs	(283.3)		(277.7)		(272.8)
Royalties and other product costs	(76.1)		(91.3)		(113.5)
Technology costs	(46.3)		(44.6)		(43.0)
Outside service costs	(21.1)		(22.7)		(28.7)
Other costs	(26.1)		(26.0)		(26.1)
IP Adjusted EBITDA	$	358.5	$	400.4	$	443.0
Life Sciences & Healthcare
Revenues	$	418.9	$	442.8	$	452.6
People-related costs	(190.8)		(188.0)		(170.0)
Royalties and other product costs	(37.6)		(43.5)		(42.5)
Technology costs	(27.1)		(24.5)		(21.6)
Outside service costs	(13.0)		(14.4)		(20.6)
Other costs	(12.3)		(14.1)		(13.7)
LS&H Adjusted EBITDA	$	138.1	$	158.3	$	184.2

Total Reportable Segments
Revenues	$	2,556.7	$	2,628.8	$	2,659.8
People-related costs	(823.8)		(818.5)		(821.9)
Royalties and other product costs	(362.2)		(382.5)		(409.1)
Technology costs	(153.9)		(144.7)		(134.2)
Outside service costs	(74.0)		(80.1)		(95.5)
Other costs	(82.4)		(85.8)		(86.4)
Total Reportable Segments Adjusted EBITDA	$	1,060.4	$	1,117.2	$	1,112.7
Reconciliation to net income (loss)
Benefit (provision) for income taxes	(82.9)		101.3		28.9
Depreciation and amortization	(727.0)		(708.3)		(710.5)
Interest expense, net	(283.4)		(293.7)		(270.3)
Share-based compensation expense	(60.6)		(108.9)		(102.2)
Goodwill and intangible asset impairments	(540.7)		(979.9)		(4,449.1)
Restructuring and lease impairments	(19.6)		(40.0)		(66.7)
Fair value adjustment of warrants	5.2		15.9		206.8
Transaction related costs	(17.9)		(8.2)		(14.2)
Other(1)	29.8		(6.6)		304.4
Net income (loss)	$	(636.7)	$	(911.2)	$	(3,960.2)
(1) Includes the net impact of unrealized foreign currency gains and losses and other items that do not reflect our ongoing operating performance. This amount includes a net gain on sale of $54.7 from divestitures in 2024, a gain of $49.4 related to a legal settlement in 2023, and a gain on sale of $278.5 from a divestiture in 2022. See Note 2 - Acquisitions and Divestitures and Note 17 - Commitments and Contingencies for further details.

Schedule of Assets by Geography

The following table summarizes our long-lived assets by geography, based on physical location. Long-lived assets consists of Property and equipment, net and Operating lease right-of-use assets and excludes Goodwill, Other intangible assets, net, Deferred income taxes, and Other assets.

	Year Ended December 31,
	2024		2023
U.S.	$	35.0	$	41.0
U.K.	18.1		20.1
India	18.9		9.1
All other	35.1		36.6
Total long-lived assets	$	107.1	$	106.8