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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 392.4 $ 245.4
Financial investments 26.7 92.4
Accounts receivable, net of $1.3 allowance for credit losses at September 30, 2021 and $0.6 at December 31, 2020 324.2 337.3
Margin deposits and clearing funds 1,665.6 812.1
Income taxes receivable 48.3 53.1
Other current assets 41.6 26.5
Total current assets 2,498.8 1,566.8
Investments 36.0 42.7
Land 2.3  
Property and equipment, net 102.4 82.6
Property held for sale   13.0
Operating lease right of use assets 114.1 111.0
Goodwill 3,024.7 2,895.1
Intangible assets, net 1,701.0 1,729.0
Other assets, net 103.4 76.3
Total assets 7,582.7 6,516.5
Current liabilities:    
Accounts payable and accrued liabilities 259.6 250.0
Section 31 fees payable 9.7 152.9
Deferred revenue 13.9 10.2
Margin deposits and clearing funds 1,665.6 812.1
Income taxes payable 5.7 4.2
Current portion of long-term debt   68.7
Current portion of contingent consideration liabilities 63.2 15.2
Total current liabilities 2,017.7 1,313.3
Long-term debt 1,298.9 1,135.2
Unrecognized tax benefits 196.8 164.7
Deferred income taxes 393.9 377.6
Non-current operating lease liabilities 132.9 132.1
Contingent consideration liabilities 12.0 17.5
Other non-current liabilities 33.5 27.2
Total liabilities 4,085.7 3,167.6
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value: 20,000,000 shares authorized, no shares issued and outstanding at September 30, 2021 and December 31, 2020
Common stock, $0.01 par value: 325,000,000 shares authorized, 126,226,121 and 106,642,977 shares issued and outstanding, respectively at September 30, 2021 and 125,998,967 and 107,299,933 shares issued and outstanding, respectively at December 31, 2020 1.3 1.2
Common stock in treasury, at cost, 19,583,144 shares at September 30, 2021 and 18,699,034 shares at December 31, 2020 (1,337.7) (1,250.4)
Additional paid-in capital 2,736.3 2,713.3
Retained earnings 2,031.1 1,809.8
Accumulated other comprehensive income, net 66.0 75.0
Total stockholders' equity 3,497.0 3,348.9
Total liabilities and stockholders' equity $ 7,582.7 $ 6,516.5