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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 1,145.9 $ 1,029.7
Short-term investments 55.8 0.0
Restricted cash 1.5 2.0
Accounts receivable 159.6 171.5
Prepaid expenses and other current assets 107.3 147.9
Total current assets 1,470.1 1,351.1
Property and equipment, net 108.8 119.9
Operating lease right-of-use assets 92.0 100.3
Intangible assets other than goodwill, net 263.8 311.2
Goodwill 988.7 987.2
Deferred tax assets, net 100.4 99.3
Investments in unconsolidated entities 19.1 54.4
Other non-current assets 146.2 151.6
Total assets 3,189.1 3,175.0
Current liabilities    
Current maturities of long-term debt 11.7 16.8
Accounts payable 36.5 65.0
Operating lease liabilities, current 19.0 19.5
Accrued expenses and other current liabilities 384.9 438.3
Total current liabilities 452.1 539.6
Long-term debt 2,391.2 2,399.6
Contingent consideration 23.5 20.8
Other long-term liabilities, including employee related benefits 325.3 318.7
Operating lease liabilities, long-term 78.3 88.2
Deferred tax liabilities 16.7 29.6
Total liabilities 3,287.1 3,396.5
Commitments and contingencies (Note 8)
Stockholders' equity (deficit)    
Common stock of $0.01 par value; 1,600.0 shares authorized; 372.6 and 370.0 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 4.1 4.1
Treasury stock at cost (51.8 shares at both September 30, 2024 and December 31, 2023) (603.5) (603.5)
Additional paid-in capital 1,334.7 1,264.9
Accumulated other comprehensive income 7.0 20.6
Accumulated deficit (840.3) (907.6)
Total stockholders' deficit (98.0) (221.5)
Total liabilities and stockholders’ deficit $ 3,189.1 $ 3,175.0