Equity Method Investments in Affiliates (Tables)

9 Months Ended

Sep. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Changes in Equity Method Investments in Affiliates

Equity method investments in Affiliates (net) consisted of the following:

	December 31, 2023	September 30, 2024
Goodwill	$1,323.3	$1,348.1
Definite-lived acquired client relationships (net)	652.5	568.1
Indefinite-lived acquired client relationships (net)	122.6	122.4
Undistributed earnings and tangible capital	190.1	109.8
Equity method investments in Affiliates (net)	$2,288.5	$2,148.4

The following table presents the changes in Equity method investments in Affiliates (net):

	Equity Method Investments in Affiliates (Net)
Balance, as of December 31, 2023	$2,288.5
Investments in Affiliates	12.3
Earnings	292.6
Intangible amortization and impairments	(104.3)
Distributions of earnings	(357.3)
Foreign currency translation	16.6
Balance, as of September 30, 2024	$2,148.4