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The Company's redeemable noncontrolling interests activities for the three and nine months ended September 30, 2024 and 2023, respectively, are summarized as follows:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2024 |
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2023 |
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2024 |
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2023 |
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(In millions) |
| Redeemable noncontrolling interests, beginning of period |
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$ |
120.8
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$ |
— |
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$ |
135.1
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$ |
— |
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| Fair value of the redeemable noncontrolling interest at the acquisition date |
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— |
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176.4 |
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— |
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176.4 |
| Net income attributable to redeemable noncontrolling interest |
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— |
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0.9 |
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0.2 |
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0.9 |
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| Effect of foreign currency translation attributable to redeemable noncontrolling interest |
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(0.3) |
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(1.8) |
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(14.8) |
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(1.8) |
| Redeemable noncontrolling interests, end of period |
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$ |
120.5
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$ |
175.5 |
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$ |
120.5
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$ |
175.5 |
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