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OTHER ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2023
OTHER ASSETS, NET  
Schedule of other assets, net

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

    

December 31, 

    

December 31, 

2023

2022

Software development work in progress

$

3.5

$

8.9

Data processing software

128.1

124.2

Less accumulated depreciation and amortization

 

(88.3)

 

(78.8)

Data processing software, net

 

43.3

 

54.3

Other assets (1)

163.0

127.6

Other assets, net

$

206.3

$

181.9

(1) At December 31, 2023 and 2022, the majority of the balance included notes receivable, net of allowance, a contra-revenue asset, and long-term prepaid assets. As of December 31, 2023 and 2022, the notes receivable, net balance was $136.9 million and $102.9 million, respectively. See Note 8 (“Credit Losses”) for more information on the notes receivable included within other assets, net on the consolidated balance sheets. See Note 19 (“Stock-Based Compensation”) for more information on the contra-revenue asset related to the issuance of Cboe Digital Restricted Common Units and Warrant Units included within other assets, net on the consolidated balance sheets. As of December 31, 2023 and 2022, the contra-revenue asset balance was $18.1 million and $19.9 million, respectively.