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OTHER ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2024
OTHER ASSETS, NET  
Schedule of other assets, net

Other assets, net consisted of the following as of June 30, 2024 and December 31, 2023 (in millions):

June 30, 

December 31, 

    

2024

    

2023

Software development work in progress

$

4.6

$

3.5

Data processing software

126.9

128.1

Less accumulated depreciation and amortization

 

(93.3)

 

(88.3)

Data processing software, net

 

38.2

 

43.3

Other assets (1)

170.4

163.0

Other assets, net

$

208.6

$

206.3

(1)At June 30, 2024, the majority of the balance included notes receivable, net of allowance, and long-term prepaid assets. At December 31, 2023, the majority of the balance included notes receivable, net of allowance, a contra-revenue asset, and long-term prepaid assets. As of June 30, 2024 and December 31, 2023, the notes receivable, net balance was $154.7 million and $136.9 million, respectively. See Note 5 (“Property and Equipment, Net”) and Note 6 (“Credit Losses”) for more information on the notes receivable, net of allowance, 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 and the repurchase of Cboe Digital Restricted Common Units and Warrant Units included within other assets, net on the condensed consolidated balance sheets at December 31, 2023. As of June 30, 2024 and December 31, 2023, the contra-revenue asset balance was zero and $18.1 million, respectively.