FAIR VALUE MEASUREMENT

Schedule of fair value hierarchy for assets and liabilities measured on a nonrecurring basis

The following tables present the Company’s fair value hierarchy for certain assets and liabilities held by the Company as of June 30, 2024 and December 31, 2023 (in millions):


	June 30, 2024
	Total		Level 1		Level 2		Level 3
Assets:
U.S. Treasury securities (1)	$	47.1	$	47.1	$	—	$	—
Deferred compensation plan assets (1)		36.6		36.6		—		—
Digital assets - safeguarded assets		6.9		—		6.9		—
Note receivable - building sale (2)		6.4		—		—		6.4
Total assets	$	97.0	$	83.7	$	6.9	$	6.4
Liabilities:
Contingent consideration liabilities	$	1.8	$	—	$	—	$	1.8
Deferred compensation plan liabilities (4)		36.6		36.6		—		—
Digital assets - safeguarded liabilities		6.9		—		6.9		—
Debt (5)		1,294.1		—		1,294.1		—
Total liabilities	$	1,339.4	$	36.6	$	1,301.0	$	1.8


	December 31, 2023
	Total		Level 1		Level 2		Level 3
Assets:
U.S. Treasury securities (1)	$	20.8	$	20.8	$	—	$	—
Deferred compensation plan assets (1)		36.7		36.7		—		—
Digital assets - safeguarded assets		51.3		—		51.3		—
Digital assets held (3,5)		0.1		0.1		—		—
Total assets	$	108.9	$	57.6	$	51.3	$	—
Liabilities:
Contingent consideration liabilities	$	11.8	$	—	$	—	$	11.8
Deferred compensation plan liabilities (4)		36.7		36.7		—		—
Digital assets - safeguarded liabilities		51.3		—		51.3		—
Cboe Digital restricted common units liability (4)		18.7		—		—		18.7
Cboe Digital warrant liability (4)		5.9		—		—		5.9
Debt (5)		1,305.7		—		1,305.7		—
Total liabilities	$	1,430.1	$	36.7	$	1,357.0	$	36.4

(1)	These amounts are reflected within financial investments in the condensed consolidated balance sheets.

(2)	This amount is reflected within other assets, net in the condensed consolidated balance sheets.

(3)	These amounts are reflected within intangible assets, net in the condensed consolidated balance sheets.

(4)	These amounts are reflected within other non-current liabilities in the condensed consolidated balance sheets.

(5)	These balances are presented at fair value in this table, but are carried at their historical value within the condensed consolidated balance sheets.

Summary of changes in the fair value of Level 3 financial assets

The following table sets forth a summary of changes in the fair value of the Company’s Level 3 financial assets and liabilities during the three and six months ended June 30, 2024 (in millions):


	Level 3 Financial Assets and Liabilities for the Three Months Ended June 30, 2024
	Balance at		Realized (Losses)								Foreign		Balance at
	Beginning of		Gains during								Currency		End of
	Period		Period		Adjustments		Additions		Settlements		Translation		Period
Assets:
Note receivable - building sale	$	—	$	(0.6)	$	—	$	7.0	$	—	$	—	$	6.4
Total assets	$	—	$	(0.6)	$	—	$	7.0	$	—	$	—	$	6.4

	Balance at		Realized Losses								Foreign		Balance at
	Beginning of		(Gains) during								Currency		End of
	Period		Period		Adjustments		Additions		Settlements		Translation		Period
Liabilities:
Contingent consideration liabilities	$	8.8	$	3.0	$	—	$	—	$	(10.0)	$	—	$	1.8
Cboe Digital restricted common units liability		18.4		(0.7)		(12.1)		—		(5.6)		—		—
Cboe Digital warrant liability		5.8		(1.3)		(4.1)		—		(0.4)		—		—
Total liabilities	$	33.0	$	1.0	$	(16.2)	$	—	$	(16.0)	$	—	$	1.8


	Level 3 Financial Assets and Liabilities for the Six Months Ended June 30, 2024
	Balance at		Realized (Losses)								Foreign		Balance at
	Beginning of		Gains during								Currency		End of
	Period		Period		Adjustments		Additions		Settlements		Translation		Period
Assets:
Note receivable - building sale	$	—	$	(0.6)	$	—	$	7.0	$	—	$	—	$	6.4
Total assets	$	—	$	(0.6)	$	—	$	7.0	$	—	$	—	$	6.4

	Balance at		Realized Losses								Foreign		Balance at
	Beginning of		(Gains) during								Currency		End of
	Period		Period		Adjustments		Additions		Settlements		Translation		Period
Liabilities:
Contingent consideration liabilities	$	11.8	$	3.0	$	—	$	—	$	(13.0)	$	—	$	1.8
Cboe Digital restricted common units liability		18.7		(1.0)		(12.1)		—		(5.6)		—		—
Cboe Digital warrant liability		5.9		(1.4)		(4.1)		—		(0.4)		—		—
Total liabilities	$	36.4	$	0.6	$	(16.2)	$	—	$	(19.0)	$	—	$	1.8