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Accrued Expenses and Other Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities at December 31 consisted of the following:

 

(in millions)

 

2023

 

 

2022

 

Accrued incentive compensation

 

$

268.2

 

 

$

234.5

 

Accrued compensation and benefits

 

 

64.1

 

 

 

64.6

 

Lease liability (1)

 

 

45.4

 

 

 

45.0

 

Deferred revenue

 

 

78.2

 

 

 

79.9

 

Reserve for policy cancellations

 

 

52.6

 

 

 

39.2

 

Accrued interest

 

 

33.2

 

 

 

33.2

 

Accrued rent and vendor expenses

 

 

20.9

 

 

 

14.9

 

Other

 

 

45.6

 

 

 

30.2

 

Total

 

$

608.2

 

 

$

541.5

 

(1)
The Lease liability is the current portion of the Operating lease liabilities as reflected in the Consolidated Balance Sheets as of December 31, 2023 and 2022.