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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Consolidated revenue $ 516.4 $ 525.2 $ 1,516.6 $ 1,555.2
Consolidated expenses:        
Compensation and related expenses 220.8 211.8 676.5 663.0
Selling, general and administrative 97.0 91.1 278.1 273.4
Intangible amortization and impairments 7.3 12.5 21.8 37.5
Interest expense 34.7 31.1 98.1 92.4
Depreciation and other amortization 3.3 3.0 9.4 10.0
Other expenses (net) 11.6 7.9 31.5 36.2
Total consolidated expenses 374.7 357.4 1,115.4 1,112.5
Equity method income (net) 52.6 39.8 188.3 154.3
Affiliate Transaction gain 0.0 133.1 0.0 133.1
Investment and other income 22.8 23.0 60.0 87.2
Income before income taxes 217.1 363.7 649.5 817.3
Income tax expense 31.3 77.7 130.0 155.4
Net income 185.8 286.0 519.5 661.9
Net income (non-controlling interests) (62.2) (69.0) (170.0) (185.1)
Net income (controlling interest) $ 123.6 $ 217.0 $ 349.5 $ 476.8
Average shares outstanding (basic) (in shares) 30.1 34.9 31.4 35.6
Average shares outstanding (diluted) (in shares) 35.0 43.4 35.2 42.9
Earnings per share (basic) (in dollars per share) $ 4.11 $ 6.22 $ 11.11 $ 13.41
Earnings per share (diluted) (in dollars per share) $ 3.78 $ 5.48 $ 10.25 $ 12.28