v3.24.1.u1
Fair Value (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2024 and December 31, 2023:
 March 31, 2024
 TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$398.0 $395.7 $2.3 $— 
Cash and cash equivalents measured at net asset value23.9 
Restricted cash0.4 0.4 — — 
Short-term investments11.4 — 11.4 — 
Foreign currency forward contracts0.7 — 0.7 — 
     Total assets$434.4 $396.1 $14.4 $— 
Liabilities:
Foreign currency forward contracts$10.2 $— $10.2 $— 
     Total liabilities$10.2 $— $10.2 $— 
 December 31, 2023
 TotalLevel 1Level 2Level 3
Assets:
Cash and cash equivalents$384.4 $381.0 $3.4 $— 
Cash and cash equivalents measured at net asset value34.5 
Restricted cash0.4 0.4 — — 
Short-term investments31.6 — 31.6 — 
Interest rate swap contracts— — 0— 
Foreign currency forward contracts3.3 — 3.3 — 
     Total assets$454.2 $381.4 $38.3 $— 
Liabilities:
Foreign currency forward contracts$11.4 $— $11.4 $— 
     Total liabilities$11.4 $— $11.4 $—