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Other Income and Expenses
3 Months Ended
Mar. 31, 2024
Other Income and Expenses [Abstract]  
Other Nonoperating Income and Expense Non-operating Income, Net
Non-operating income, net, primarily consists of interest income from the Company’s surplus cash balances and marketable securities. Interest income was $12.0 million and $10.7 million during the three months ended March 31, 2024 and 2023, respectively. The increase in interest income in the first quarter of 2024 reflects higher interest rates on the Company’s investments in debt securities.