Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Schedule of Amounts Reclassified from AOCL

The following table details reclassifications out of Accumulated other comprehensive loss (“AOCL”) and into Net income. All amounts reclassified from AOCL affect the line items as indicated below and the amounts in parentheses indicate decreases to Net income in the Condensed Consolidated Statements of Income (in millions).


		Amounts Reclassified from AOCL to Net Income
				Three Months Ended
		Income Statement		March 31,
Income for the period (in millions)		Location		2026				2025
Accumulated other comprehensive loss components:
Gains/(losses) on investment securities:
Available-for-sale securities		Revenues		$	(0.3	)		$	1.1
Income tax expense		Provision for income taxes			—				(0.2	)
Total reclassification adjustments related to investment securities, net of tax					(0.3	)			0.9
Gains/(losses) on cash flow hedges:
Foreign currency contracts		Revenues			(6.6	)			2.6
Income tax benefit		Provision for income taxes			0.5				—
Total reclassification adjustments related to cash flow hedges, net of tax					(6.1	)			2.6
Total reclassifications, net of tax				$	(6.4	)		$	3.5

Schedule of Components of Accumulated Other Comprehensive Income/(Loss)

The following tables summarize the components of AOCL, net of tax in the accompanying Condensed Consolidated Balance Sheets (in millions):


		Investment				Hedging				Foreign Currency
		Securities				Activities				Translation				Total
As of December 31, 2025		$	1.0			$	(37.9	)		$	(114.4	)		$	(151.3	)
Unrealized gains/(losses)			(5.7	)			10.5				(2.1	)			2.7
Tax benefit/(expense)			1.0				(0.8	)			—				0.2
Amounts reclassified from AOCL into earnings, net of tax			0.3				6.1				—				6.4
As of March 31, 2026		$	(3.4	)		$	(22.1	)		$	(116.5	)		$	(142.0	)


		Investment				Hedging				Foreign Currency
		Securities				Activities				Translation				Total
As of December 31, 2024		$	(33.4	)		$	13.1			$	(120.2	)		$	(140.5	)
Unrealized gains/(losses)			22.0				(19.1	)			1.1				4.0
Tax benefit/(expense)			(3.8	)			1.9				—				(1.9	)
Amounts reclassified from AOCL into earnings, net of tax			(0.9	)			(2.6	)			—				(3.5	)
As of March 31, 2025		$	(16.1	)		$	(6.7	)		$	(119.1	)		$	(141.9	)