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VRSNVerisign

Technology · IT Services · Nasdaq
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Earnings releases

Latest results release: Oct 22, 2026

8-K item 2.02, exhibit 99
Latest releaseRead ↓
Oct 22, 2026
Verisign Reports Third Quarter 2026 Results
Releases kept
12
12 documents, oldest Feb 8, 2024

What VRSN's management wrote with each quarter's results: the press release and, when the company files them, its prepared remarks or the call transcript. The call itself is not filed with SEC, so most quarters have the release only.

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Every release, in full

Linked to sec.gov
Press release Oct 22, 2026 · EX-99.1

Verisign Reports Third Quarter 2026 Results

Open on SEC ↗

- VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the third quarter of 2026.

VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $443 million for the third quarter of 2026, up 5.7 percent from the same quarter in 2025. Operating income was $296 million for the third quarter of 2026, compared to $284 million for the same quarter of 2025. Verisign reported net income of $213 million and diluted earnings per share (diluted “EPS”) of $2.35 for the third quarter of 2026, compared to net income of $213 million and diluted EPS of $2.27 for the same quarter of 2025. During the third quarter of 2026 the Company recognized a pre-tax operating loss of $7.5 million related to certain assets held for sale, which decreased diluted EPS by $0.06.

“We delivered a strong quarter operationally, having grown the domain name base by 6.1% year-over-year. The rollout of the .web top-level domain is on track, and we opened the limited beta phase of our high-assurance validation service, Verisign Informed™, which can strengthen and enhance existing tools of trust that are deployed world-wide for authenticating data and users,” said Jim Bidzos, Executive Chairman, President and Chief Executive Officer.

• Verisign ended the third quarter of 2026 with cash, cash equivalents and marketable securities of $476 million, a decrease of $104 million from year-end 2025.

• Cash flow from operations was $268 million for the third quarter of 2026, compared to $308 million for the same quarter of 2025.

• Deferred revenues as of September 30, 2026, totaled $1.46 billion, an increase of $79 million from year-end 2025.

• During the third quarter of 2026, Verisign repurchased 0.7 million shares of its common stock for an aggregate cost of $189 million. As of September 30, 2026, there was $1.36 billion remaining for future share repurchases under the share repurchase program, which has no expiration.

• On October 19, 2026, Verisign’s Board of Directors approved a cash dividend of $0.81 per share of Verisign’s outstanding common stock to stockholders of record as of the close of business on November 17, 2026, payable on November 24, 2026.

• Verisign ended the third quarter of 2026 with 182.5 million .com and .net domain name registrations in the domain name base, a 6.1 percent increase from the end of the third quarter of 2025, and a net increase of 3.36 million domain names during the third quarter of 2026.

• During the third quarter of 2026, Verisign processed 13.1 million new domain name registrations for .com and .net, compared with 10.6 million for the third quarter of 2025.

• The final .com and .net renewal rate for the second quarter of 2026 was 75.2 percent compared to 75.5 percent for the same quarter of 2025. Renewal rates are not fully measurable until 45 days after the end of the quarter.

Verisign will host a live conference call today at 4:30 p.m. (EDT) to review the third quarter 2026 results. The call will be accessible by direct dial at (888) 676-VRSN (U.S.) or (646) 769-9200 (international), conference ID: Verisign. A listen-only live web cast of the conference call and accompanying slide presentation will also be available at https://investor.verisign.com .

An audio archive of the call will be available at https://investor.verisign.com/events.cfm . This news release and the financial information discussed on today’s conference call are available at https://investor.verisign.com .

Verisign (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, enables internet navigation for many of the world’s most recognized domain names. Verisign helps enable the security, stability, and resiliency of the Domain Name System and the internet by providing root zone maintainer services, operating two of the 13 global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. To learn more please visit verisign.com .

Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. These statements involve risks and uncertainties that could cause our actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, attempted security breaches, cyber-attacks, and DDoS attacks against our systems and services; the introduction of undetected or unknown defects in our systems or services; vulnerabilities in the global routing system; system interruptions or system failures; advances in quantum computing; damage or interruptions to our data centers, data center systems or resolution systems; increases in the cost of compute and network hardware; risks arising from our operation of root servers and our performance of the Root Zone Maintainer functions; unsuccessful strategic initiatives or launches of new products or services; any loss or modification of our right to operate the .com and .net gTLDs; changes or challenges to the pricing provisions of the .com Registry Agreement; new or existing governmental laws and regulations in the U.S. or other applicable non-U.S. jurisdictions; new laws, regulations, directives or ICANN policies that require us to obtain and maintain personal information of registrants; economic, legal, regulatory, and political risks associated with our international operations; unfavorable changes in, or interpretations of, tax rules and regulations; risks from the implementation of ICANN’s consensus and temporary policies, technical standards and other processes; the weakening of, or changes to, the multi-stakeholder model of internet governance; the outcome of claims, lawsuits, audits or investigations; challenging economic conditions; our ability to compete in the highly competitive business environment in which we operate; changes in internet practices and behavior and the adoption of substitute technologies, or the negative impact of wholesale price increases; our ability to expand our services into developing and emerging economies; our ability to maintain strong relationships with registrars and their resellers; our ability to attract, retain and motivate highly skilled employees; the continuity of our quarterly dividend; our ability to protect and enforce our intellectual property rights; challenges from the use of AI technology by third-parties, autonomous agents, or us; and the impact on our stock price from the dissemination of false or misleading information by unrelated third parties. More information about potential factors that could affect our business and financial results is included in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended Dec. 31, 2025, our Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2026 and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward-looking statements after the date of this announcement.

© 2026 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.

September 30, December 31, 2026 2025 ────────────────────────────────────────────────────────────────────────────── ASSETS Current assets: Cash and cash equivalents $ 206.8 $ 307.9 Marketable securities 269.3 272.6 Other current assets 97.4 72.0 Total current assets 573.5 652.5 Property and equipment, net 221.2 213.7 Goodwill 52.5 52.5 Intangible assets 171.4 — Deferred tax assets 218.1 233.2 Deposits to acquire intangible assets — 145.2 Other long-term assets 43.4 28.8 Total long-term assets 706.6 673.4 Total assets $ 1,280.1 $ 1,325.9 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current liabilities: Accounts payable and accrued $ 286.8 $ 298.0 liabilities Deferred revenues 1,094.4 1,035.1 Total current liabilities 1,381.2 1,333.1 Long-term deferred revenues 368.9 349.4 Long-term senior notes 1,785.9 1,788.2 Other long-term liabilities 28.8 9.4 Total long-term liabilities 2,183.6 2,147.0 Total liabilities 3,564.8 3,480.1 Commitments and contingencies Stockholders’ deficit: Preferred stock—par value $.001 per share; Authorized shares: 5.0; Issued — — and outstanding shares: none Common stock and additional paid-in capital—par value $.001 per share; Authorized shares: 1,000; Issued shares: 355.9 at September 30, 2026 and 355.6 at 8,849.6 9,623.5 December 31, 2025; Outstanding shares: 89.8 at September 30, 2026 and 91.9 at December 31, 2025 Accumulated deficit -11,131.4 -11,775.0 Accumulated other comprehensive loss -2.9 -2.7 Total stockholders’ deficit -2,284.7 -2,154.2 Total liabilities and stockholders’ $ 1,280.1 $ 1,325.9 deficit

Nine Months Ended Cash flows from September 30, operating activities: 2026 2025 ────────────────────────────────────────────────────────────────────────────── Net income $ 643.6 $ 619.5 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of property 19.8 24.5 and equipment Stock-based compensation 58.8 51.8 expense Amortization of discount on investments -5.3 -8.2 in debt securities Other, net 10.2 2.4 Changes in operating assets and liabilities: Other assets -40.4 -3.2 Other liabilities -8.5 20.6 Deferred revenues 78.9 80.1 Net deferred income 15.2 14.0 taxes Net cash provided by operating 772.3 801.5 activities Cash flows from investing activities: Proceeds from maturities and sales of 354.7 412.5 marketable securities Purchases of marketable -346.3 -393.6 securities Purchases of property -33.6 -18.3 and equipment Other investing -7.7 — activities Net cash (used in) provided by investing -32.9 0.6 activities Cash flows from financing activities: Repurchases of common -620.0 -627.2 stock Repayment of borrowings -550.0 -500.0 Proceeds from senior note issuance, net 545.0 493.3 of issuance costs Payment of dividends -220.8 -144.1 Proceeds from employee stock purchase 12.7 12.3 plan Payment of excise tax on repurchase of -7.9 -11.6 common stock Net cash used in -841.0 -777.3 financing activities Effect of exchange rate changes on cash, 0.5 0.1 cash equivalents, and restricted cash Net (decrease) increase in cash, cash -101.1 24.9 equivalents, and restricted cash Cash, cash equivalents, and restricted 309.5 212.1 cash at beginning of period Cash, cash equivalents, and restricted $ 208.4 $ 237.0 cash at end of period Supplemental cash flow disclosures: Cash paid for interest $ 49.9 $ 55.4 Cash paid for income taxes, net of $ 195.5 $ 169.3 refunds received

Full text with the tables
                                                                                
                  Verisign Reports Third Quarter 2026 Results                   
                                                                                
                                                                                
  RESTON, VA - Oct. 22, 2026                                                    
                                                                                
- VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet
infrastructure and domain name registry services, today reported financial
results for the third quarter of 2026.

VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $443
million for the third quarter of 2026, up 5.7 percent from the same quarter in
2025. Operating income was $296 million for the third quarter of 2026, compared
to $284 million for the same quarter of 2025. Verisign reported net income of
$213 million and diluted earnings per share (diluted “EPS”) of $2.35 for the
third quarter of 2026, compared to net income of $213 million and diluted EPS of
$2.27 for the same quarter of 2025. During the third quarter of 2026 the Company
recognized a pre-tax operating loss of $7.5 million related to certain assets
held for sale, which decreased diluted EPS by $0.06.

“We delivered a strong quarter operationally, having grown the domain name base
by 6.1% year-over-year. The rollout of the .web top-level domain is on track,
and we opened the limited beta phase of our high-assurance validation service,
Verisign Informed™, which can strengthen and enhance existing tools of trust
that are deployed world-wide for authenticating data and users,” said Jim
Bidzos, Executive Chairman, President and Chief Executive Officer.
                                                                                
   Financial Highlights                                                         
                                                                                
• Verisign ended the third quarter of 2026 with cash, cash equivalents and
marketable securities of $476 million, a decrease of $104 million from year-end
2025.

• Cash flow from operations was $268 million for the third quarter of 2026,
compared to $308 million for the same quarter of 2025.

• Deferred revenues as of September 30, 2026, totaled $1.46 billion, an increase
of $79 million from year-end 2025.

• During the third quarter of 2026, Verisign repurchased 0.7 million shares of
its common stock for an aggregate cost of $189 million. As of September 30,
2026, there was $1.36 billion remaining for future share repurchases under the
share repurchase program, which has no expiration.

• On October 19, 2026, Verisign’s Board of Directors approved a cash dividend of
$0.81 per share of Verisign’s outstanding common stock to stockholders of record
as of the close of business on November 17, 2026, payable on November 24, 2026.
                                                                                
  Business Highlights                                                           
                                                                                
• Verisign ended the third quarter of 2026 with 182.5 million .com and .net
domain name registrations in the domain name base, a 6.1 percent increase from
the end of the third quarter of 2025, and a net increase of 3.36 million domain
names during the third quarter of 2026.

• During the third quarter of 2026, Verisign processed 13.1 million new domain
name registrations for .com and .net, compared with 10.6 million for the third
quarter of 2025.

• The final .com and .net renewal rate for the second quarter of 2026 was 75.2
percent compared to 75.5 percent for the same quarter of 2025. Renewal rates are
not fully measurable until 45 days after the end of the quarter.
                                                                                
  Today’s Conference Call                                                       
                                                                                
Verisign will host a live conference call today at 4:30 p.m. (EDT) to review the
third quarter 2026 results. The call will be accessible by direct dial at (888)
676-VRSN (U.S.) or (646) 769-9200 (international), conference ID: Verisign. A
listen-only live web cast of the conference call and accompanying slide
presentation will also be available at https://investor.verisign.com .

An audio archive of the call will be available at
https://investor.verisign.com/events.cfm . This news release and the financial
information discussed on today’s conference call are available at
https://investor.verisign.com .
                                                                                
  About Verisign                                                                
                                                                                
Verisign (NASDAQ: VRSN), a global provider of critical internet infrastructure
and domain name registry services, enables internet navigation for many of the
world’s most recognized domain names. Verisign helps enable the security,
stability, and resiliency of the Domain Name System and the internet by
providing root zone maintainer services, operating two of the 13 global internet
root servers, and providing registration services and authoritative resolution
for the .com and .net top-level domains, which support the majority of global
e-commerce. To learn more please visit verisign.com .

Statements in this announcement other than historical data and information
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act
of 1934 as amended. These statements involve risks and uncertainties that could
cause our actual results to differ materially from those stated or implied by
such forward-looking statements. The potential risks and uncertainties include,
among others, attempted security breaches, cyber-attacks, and DDoS attacks
against our systems and services; the introduction of undetected or unknown
defects in our systems or services; vulnerabilities in the global routing
system; system interruptions or system failures; advances in quantum computing;
damage or interruptions to our data centers, data center systems or resolution
systems; increases in the cost of compute and network hardware; risks arising
from our operation of root servers and our performance of the Root Zone
Maintainer functions; unsuccessful strategic initiatives or launches of new
products or services; any loss or modification of our right to operate the .com
and .net gTLDs; changes or challenges to the pricing provisions of the .com
Registry Agreement; new or existing governmental laws and regulations in the
U.S. or other applicable non-U.S. jurisdictions; new laws, regulations,
directives or ICANN policies that require us to obtain and maintain personal
information of registrants; economic, legal, regulatory, and political risks
associated with our international operations; unfavorable changes in, or
interpretations of, tax rules and regulations; risks from the implementation of
ICANN’s consensus and temporary policies, technical standards and other
processes; the weakening of, or changes to, the multi-stakeholder model of
internet governance; the outcome of claims, lawsuits, audits or investigations;
challenging economic conditions; our ability to compete in the highly
competitive business environment in which we operate; changes in internet
practices and behavior and the adoption of substitute technologies, or the
negative impact of wholesale price increases; our ability to expand our services
into developing and emerging economies; our ability to maintain strong
relationships with registrars and their resellers; our ability to attract,
retain and motivate highly skilled employees; the continuity of our quarterly
dividend; our ability to protect and enforce our intellectual property rights;
challenges from the use of AI technology by third-parties, autonomous agents, or
us; and the impact on our stock price from the dissemination of false or
misleading information by unrelated third parties. More information about
potential factors that could affect our business and financial results is
included in our filings with the SEC, including in our Annual Report on Form
10-K for the year ended Dec. 31, 2025, our Quarterly Report on Form 10-Q for the
quarter ended Sept. 30, 2026 and Current Reports on Form 8-K. Verisign
undertakes no obligation to update any of the forward-looking statements after
the date of this announcement.
                                                                                
  Contacts                                                                      
                                                                                
Investor Relations: David Atchley, datchley@verisign.com , 703-948-3447

Media Relations: David McGuire, davmcguire@verisign.com , 703-948-3800

© 2026 VeriSign, Inc. All rights reserved. VERISIGN, the VERISIGN logo, and
other trademarks, service marks, and designs are registered or unregistered
trademarks of VeriSign, Inc. and its subsidiaries in the United States and in
foreign countries. All other trademarks are property of their respective owners.
                                                                                
                                 VERISIGN, INC.                                 
                                                                                
                                                                                
                     CONDENSED CONSOLIDATED BALANCE SHEETS                      
                                                                                
                        (In millions, except par value)                         
                                                                                
                                  (Unaudited)                                   
                                                                                
                                              September 30,       December 31,  
                                                       2026               2025  
 ────────────────────────────────────────────────────────────────────────────── 
  ASSETS                                                                        
  Current assets:                                                               
  Cash and cash equivalents                $          206.8    $         307.9  
  Marketable securities                               269.3              272.6  
  Other current assets                                 97.4               72.0  
  Total current assets                                573.5              652.5  
  Property and equipment, net                         221.2              213.7  
  Goodwill                                             52.5               52.5  
  Intangible assets                                   171.4                  —  
  Deferred tax assets                                 218.1              233.2  
  Deposits to acquire intangible assets                   —              145.2  
  Other long-term assets                               43.4               28.8  
  Total long-term assets                              706.6              673.4  
  Total assets                             $        1,280.1    $       1,325.9  
  LIABILITIES AND STOCKHOLDERS’ DEFICIT                                         
  Current liabilities:                                                          
  Accounts payable and accrued             $          286.8    $         298.0  
  liabilities                                                                   
  Deferred revenues                                 1,094.4            1,035.1  
  Total current liabilities                         1,381.2            1,333.1  
  Long-term deferred revenues                         368.9              349.4  
  Long-term senior notes                            1,785.9            1,788.2  
  Other long-term liabilities                          28.8                9.4  
  Total long-term liabilities                       2,183.6            2,147.0  
  Total liabilities                                 3,564.8            3,480.1  
  Commitments and contingencies                                                 
  Stockholders’ deficit:                                                        
  Preferred stock—par value $.001 per                                           
  share; Authorized shares: 5.0; Issued                   —                  —  
  and outstanding shares: none                                                  
  Common stock and additional paid-in                                           
  capital—par value $.001 per share;                                            
  Authorized shares:                                                            
  1,000; Issued shares:                                                         
  355.9 at September 30, 2026 and 355.6                                         
  at                                                8,849.6            9,623.5  
  December 31, 2025; Outstanding                                                
  shares:                                                                       
  89.8 at September 30, 2026 and 91.9                                           
  at                                                                            
  December 31, 2025                                                             
  Accumulated deficit                             -11,131.4          -11,775.0  
  Accumulated other comprehensive loss                 -2.9               -2.7  
  Total stockholders’ deficit                      -2,284.7           -2,154.2  
  Total liabilities and stockholders’      $        1,280.1    $       1,325.9  
  deficit                                                                       
                                                                                
                                                                                
                                 VERISIGN, INC.                                 
                                                                                
                                                                                
           CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME            
                                                                                
                      (In millions, except per share data)                      
                                                                                
                                  (Unaudited)                                   
                                                                                
                       Three                             Nine                   
                      Months                           Months                   
                       Ended                            Ended                   
                   September                         Septemb…                   
             2026        30,    2025           2026       30,    2025           
 ────────────────────────────────────────────────────────────────────────────── 
  Revenu…    $         443.0    $     419.1    $      1,306.5    $     1,231.3  
  Costs                                                                         
  and                                                                           
  expens…                                                                       
  Cost of               49.8           48.8             149.0            147.3  
  revenu…                                                                       
  Resear…                                                                       
  and                   26.5           25.4              81.5             77.1  
  develo…                                                                       
  Sellin…                                                                       
  general               70.2           60.6             189.6            170.7  
  and                                                                           
  admini…                                                                       
  Total                                                                         
  costs                146.5          134.8             420.1            395.1  
  and                                                                           
  expens…                                                                       
  Operat…              296.5          284.3             886.4            836.2  
  income                                                                        
  Intere…              -21.2          -18.9             -59.3            -58.1  
  expense                                                                       
  Non-op…                                                                       
  income,                4.3            6.3              13.5             19.3  
  net                                                                           
  Income                                                                        
  before               279.6          271.7             840.6            797.4  
  income                                                                        
  taxes                                                                         
  Income                                                                        
  tax                  -67.0          -58.9            -197.0           -177.9  
  expense                                                                       
  Net                  212.6          212.8             643.6            619.5  
  income                                                                        
  Other                                                                         
  compre…               -0.1            0.1              -0.2             -0.2  
  (loss)                                                                        
  income                                                                        
  Compre…    $         212.5    $     212.9    $        643.4    $       619.3  
  income                                                                        
  Earnin…                                                                       
  per                                                                           
  share:                                                                        
  Basic      $          2.36    $      2.28    $         7.08    $        6.60  
  Diluted    $          2.35    $      2.27    $         7.06    $        6.58  
  Shares                                                                        
  used to                                                                       
  compute                                                                       
  earnin…                                                                       
  per                                                                           
  share                                                                         
  Basic                 90.1           93.3              90.8             93.9  
  Diluted               90.4           93.6              91.1             94.1  
                                                                                
                                                                                
                                 VERISIGN, INC.                                 
                                                                                
                                                                                
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                 
                                                                                
                                 (In millions)                                  
                                                                                
                                  (Unaudited)                                   
                                                                                
                              Nine Months Ended                                 
  Cash flows from             September 30,                                     
  operating activities:       2026                                2025          
 ────────────────────────────────────────────────────────────────────────────── 
  Net income                  $                          643.6    $      619.5  
  Adjustments to reconcile                                                      
  net income to                                                                 
  net cash provided by                                                          
  operating                                                                     
  activities:                                                                   
  Depreciation of property                                19.8            24.5  
  and equipment                                                                 
  Stock-based compensation                                58.8            51.8  
  expense                                                                       
  Amortization of discount                                                      
  on investments                                          -5.3            -8.2  
  in debt securities                                                            
  Other, net                                              10.2             2.4  
  Changes in operating                                                          
  assets and                                                                    
  liabilities:                                                                  
  Other assets                                           -40.4            -3.2  
  Other liabilities                                       -8.5            20.6  
  Deferred revenues                                       78.9            80.1  
  Net deferred income                                     15.2            14.0  
  taxes                                                                         
  Net cash provided by                                                          
  operating                                              772.3           801.5  
  activities                                                                    
  Cash flows from                                                               
  investing activities:                                                         
  Proceeds from maturities                                                      
  and sales of                                           354.7           412.5  
  marketable securities                                                         
  Purchases of marketable                               -346.3          -393.6  
  securities                                                                    
  Purchases of property                                  -33.6           -18.3  
  and equipment                                                                 
  Other investing                                         -7.7               —  
  activities                                                                    
  Net cash (used in)                                                            
  provided by investing                                  -32.9             0.6  
  activities                                                                    
  Cash flows from                                                               
  financing activities:                                                         
  Repurchases of common                                 -620.0          -627.2  
  stock                                                                         
  Repayment of borrowings                               -550.0          -500.0  
  Proceeds from senior                                                          
  note issuance, net                                     545.0           493.3  
  of issuance costs                                                             
  Payment of dividends                                  -220.8          -144.1  
  Proceeds from employee                                                        
  stock purchase                                          12.7            12.3  
  plan                                                                          
  Payment of excise tax on                                                      
  repurchase of                                           -7.9           -11.6  
  common stock                                                                  
  Net cash used in                                      -841.0          -777.3  
  financing activities                                                          
  Effect of exchange rate                                                       
  changes on cash,                                         0.5             0.1  
  cash equivalents, and                                                         
  restricted cash                                                               
  Net (decrease) increase                                                       
  in cash, cash                                         -101.1            24.9  
  equivalents, and                                                              
  restricted cash                                                               
  Cash, cash equivalents,                                                       
  and restricted                                         309.5           212.1  
  cash at beginning of                                                          
  period                                                                        
  Cash, cash equivalents,                                                       
  and restricted              $                          208.4    $      237.0  
  cash at end of period                                                         
  Supplemental cash flow                                                        
  disclosures:                                                                  
  Cash paid for interest      $                           49.9    $       55.4  
  Cash paid for income                                                          
  taxes, net of               $                          195.5    $      169.3  
  refunds received                                                              
                                                                                
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