Settlements - liabilities

[Table of Contents](#ie0ad6752ee3c4f669c939c9f55a2eff4_10)Changes in the Level 3 assets and liabilities were as follows: 

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|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 2022 |  | 2021 |
| (in millions) |  | Investments |  | Contingent Consideration Asset |  | Contingent Consideration Liabilities |  | Investments |  | Contingent Consideration Asset |  | Contingent Consideration Liabilities |
| for the three months ended June 30, |  |  |  |  |  |  |
| Balance at beginning of period |  | $ | 21.9  |  |  | $ | 17.1  |  |  | $ | (56.5) |  |  | $ | 19.5  |  |  | $ | 29.1  |  |  | $ | (25.3) |  |
| Total realized and unrealized gains (losses) |  |  |  |  |  |  |  |  |  |  |  |  |
| Included in investment and other income, net |  | 1.2  |  |  | —  |  |  | —  |  |  | 0.2  |  |  | —  |  |  | —  |  |
| Included in general, administrative and other expense |  | —  |  |  | —  |  |  | (3.7) |  |  | —  |  |  | —  |  |  | —  |  |
| Purchases |  | 3.8  |  |  | —  |  |  | —  |  |  | 5.3  |  |  | —  |  |  | —  |  |
| Sales |  | (1.6) |  |  | —  |  |  | —  |  |  | (0.3) |  |  | —  |  |  | —  |  |
| Settlements |  | (1.1) |  |  | (8.3) |  |  | —  |  |  | —  |  |  | (5.0) |  |  | —  |  |
| Consolidation of investment product |  | (5.0) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Foreign exchange revaluation |  | —  |  |  | —  |  |  | 0.1  |  |  | —  |  |  | —  |  |  | —  |  |
| Balance at End of Period |  | $ | 19.2  |  |  | $ | 8.8  |  |  | $ | (60.1) |  |  | $ | 24.7  |  |  | $ | 24.1  |  |  | $ | (25.3) |  |
| Change in unrealized gains (losses) included in net income relating to assets and liabilities held at end of period |  | $ | (0.3) |  |  | $ | —  |  |  | $ | (3.7) |  |  | $ | 0.2  |  |  | $ | —  |  |  | $ | —  |  |



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| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 2022 |  | 2021 |
| (in millions) |  | Investments |  | Contingent Consideration Asset |  | Contingent Consideration Liabilities |  | Investments |  | Contingent Consideration Asset |  | Contingent Consideration Liabilities |
| for the nine months ended June 30, |  |  |  |  |  |  |
| Balance at beginning of period |  | $ | 24.6  |  |  | $ | 19.4  |  |  | $ | (42.4) |  |  | $ | 17.4  |  |  | $ | 39.7  |  |  | $ | (25.3) |  |
| Acquisitions |  | —  |  |  | —  |  |  | (24.5) |  |  | —  |  |  | —  |  |  | —  |  |
| Total realized and unrealized gains (losses) |  |  |  |  |  |  |  |  |  |  |  |  |
| Included in investment and other income, net |  | (0.4) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Included in general, administrative and other expense |  | —  |  |  | 10.3  |  |  | (2.6) |  |  | —  |  |  | —  |  |  | —  |  |
| Purchases |  | 14.1  |  |  | —  |  |  | —  |  |  | 13.8  |  |  | —  |  |  | —  |  |
| Sales |  | (7.9) |  |  | —  |  |  | —  |  |  | (5.8) |  |  | —  |  |  | —  |  |
| Settlements |  | (4.3) |  |  | (20.9) |  |  | 9.1  |  |  | (0.5) |  |  | (15.6) |  |  | —  |  |
| Consolidation of investment product |  | (5.0) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Transfers out of Level 3 |  | (1.9) |  |  | —  |  |  | —  |  |  | (0.2) |  |  | —  |  |  | —  |  |
| Foreign exchange revaluation |  | —  |  |  | —  |  |  | 0.3  |  |  | —  |  |  | —  |  |  | —  |  |
| Balance at End of Period |  | $ | 19.2  |  |  | $ | 8.8  |  |  | $ | (60.1) |  |  | $ | 24.7  |  |  | $ | 24.1  |  |  | $ | (25.3) |  |
| Change in unrealized gains (losses) included in net income relating to assets and liabilities held at end of period |  | $ | (0.7) |  |  | $ | 10.3  |  |  | $ | (2.4) |  |  | $ | —  |  |  | $ | —  |  |  | $ | —  |  |

15
