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OTHER ASSETS, NET
6 Months Ended
Jun. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS, NET OTHER ASSETS, NET
Other assets, net consisted of the following as of June 30, 2025 and December 31, 2024 (in millions):
June 30,
2025
December 31,
2024
Software development work in progress$12.0 $18.7 
Data processing software146.9 126.4 
Less accumulated depreciation and amortization(104.5)(98.3)
Data processing software, net54.4 46.8 
Other assets (1)109.2 135.9 
Other assets, net$163.6 $182.7 
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(1)At June 30, 2025 and December 31, 2024, the majority of the balance included notes receivable, net of allowance, and long-term prepaid assets, respectively. As of June 30, 2025 and December 31, 2024, the notes receivable, net balance was $98.7 million and $124.2 million, respectively. See Note 6 (“Credit Losses”) and Note 13 (“Fair Value Measurement”) for more information on the notes receivable, net of allowance, included within other assets, net on the condensed consolidated balance sheets.
Amortization expense related to data processing software was $2.5 million for each of the three months ended June 30, 2025 and 2024, respectively, and $5.0 million for each of the six months ended June 30, 2025 and 2024, respectively.