OTHER ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2023

Other assets, net consisted of the following as of March 31, 2023 and December 31, 2022 (in millions):


	March 31,		December 31,
	2023		2022
Software development work in progress	$	4.6	$	8.9
Data processing software		129.2		124.2
Less accumulated depreciation and amortization		(81.2)		(78.8)
Data processing software, net		52.6		54.3
Other assets (1)		133.7		127.6
Other assets, net	$	186.3	$	181.9

(1) At March 31, 2023 and December 31, 2022, the majority of the balance included notes receivable, net of allowance, a contra-revenue asset, and long-term prepaid assets. As of March 31, 2023 and December 31, 2022, the notes receivable, net balance was $112.4 million and $102.9 million, respectively. See Note 6 (“Credit Losses”) for more information on the notes receivable included within other assets, net on the condensed consolidated balance sheets. See Note 17 (“Stock-Based Compensation”) for more information on the contra-revenue asset related to the issuance of Cboe Digital Restricted Common Units and Warrants included within other assets, net on the condensed consolidated balance sheets. As of March 31, 2023 and December 31, 2022, the contra-revenue asset balance was $18.9 million and $19.9 million, respectively.