XML 19 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 174.6 $ 118.5
Accounts receivable and unbilled services, net 589.7 659.5
Prepaid expenses and other 132.9 170.2
Total current assets 897.2 948.2
Property, plant and equipment, net 149.5 156.3
Goodwill, net 960.0 1,710.4
Intangible assets, net 622.0 655.7
Deferred income taxes 6.2 5.2
Other assets, net 80.8 103.4
Total assets 2,715.7 3,579.2
Current liabilities:    
Accounts payable 29.7 138.2
Accrued expenses and other current liabilities 395.8 369.8
Unearned revenue 473.8 353.3
Current portion of long-term debt 4.8 74.8
Short-term operating lease liabilities 9.2 13.4
Total current liabilities 913.3 949.5
Long-term debt, less current portion 1,048.0 1,049.7
Operating lease liabilities 54.0 60.6
Deferred income taxes and other tax liabilities 97.6 121.7
Other liabilities 39.3 35.3
Total liabilities 2,152.2 2,216.8
Commitments and contingent liabilities (Note 16)
Equity:    
Common stock, 93.1 and 89.7 shares outstanding at December 31, 2025 and 2024, respectively 0.1 0.1
Additional paid-in capital 2,116.6 2,042.2
Accumulated deficit (1,383.2) (397.0)
Accumulated other comprehensive loss (170.0) (282.9)
Total equity 563.5 1,362.4
Total liabilities and equity $ 2,715.7 $ 3,579.2