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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 904.7 $ 1,152.4
Investments 240.7 334.2
Fees and other receivables 268.4 294.0
OEIC and unit trust receivables 183.4 94.6
Other current assets 120.2 174.5
Total current assets 2,229.7 2,455.6
Non-current assets:    
Property, equipment and software, net 41.7 44.2
Intangible assets, net 2,426.7 2,431.3
Goodwill 1,282.2 1,290.3
Retirement benefit asset, net 87.4 87.6
Other non-current assets 202.4 187.6
Total assets 6,270.1 6,496.6
Current liabilities:    
Accounts payable and accrued liabilities 206.5 231.4
Current portion of accrued compensation, benefits and staff costs 165.3 297.9
OEIC and unit trust payables 191.9 98.5
Total current liabilities 568.4 631.0
Non-current liabilities:    
Accrued compensation, benefits and staff costs 15.2 45.0
Long-term debt 303.9 304.6
Deferred tax liabilities, net 569.2 570.8
Retirement benefit obligations, net 2.3 2.3
Other non-current liabilities 109.0 87.4
Total liabilities 1,568.0 1,641.1
Commitments and contingencies (See Note 14)
REDEEMABLE NONCONTROLLING INTERESTS 274.7 317.2
EQUITY    
Common stock, $1.50 par value; 480,000,000 shares authorized, and 160,674,907 and 163,338,035 shares issued and outstanding as of March 31, 2024, and December 31, 2023, respectively 241.0 245.0
Additional paid-in capital 3,670.0 3,722.3
Treasury shares, 42,586 and 41,444 shares held at March 31, 2024, and December 31, 2023, respectively (1.1) (1.1)
Accumulated other comprehensive loss, net of tax (607.7) (563.6)
Retained earnings 1,125.0 1,135.5
Total shareholders’ equity 4,427.2 4,538.1
Nonredeemable noncontrolling interests 0.2 0.2
Total equity 4,427.4 4,538.3
Total liabilities, redeemable noncontrolling interests and equity 6,270.1 6,496.6
Variable Interest Entity, Primary Beneficiary [Member]    
Current assets:    
Cash and cash equivalents 17.6 15.7
Investments 487.7 382.4
Other current assets 7.0 7.8
Current liabilities:    
Accounts payable and accrued liabilities $ 4.7 $ 3.2