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Organization, Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Change in Presentation Within Consolidated Statements of Cash Flows
The following table presents the effects of the change in presentation within the Consolidated Statements of Cash Flows:
Year Ended December 31, 2023
As Previously ReportedAdjustmentAs Adjusted
Cash flows from operating activities
Settlement activity, net$42.3 $(42.3)$— 
Net cash provided by operating activities$388.3 $(42.3)$346.0 
Cash flows from financing activities
Settlement activity, net$— $42.3 $42.3 
Net cash used in financing activities$(152.2)$42.3 $(109.9)
Schedule of Cash and Cash Equivalents The following table provides a reconciliation between cash and cash equivalents on the Consolidated Balance Sheets and the Consolidated Statements of Cash Flows:
December 31, 2024December 31, 2023
Cash and cash equivalents$1,211.9 $455.0 
Restricted cash— 84.4 
Cash and cash equivalents included in Settlement assets226.7 182.4 
Total cash and cash equivalents and restricted cash on the Consolidated Statements of Cash Flows$1,438.6 $721.8 
Schedule of Restrictions on Cash and Cash Equivalents The following table provides a reconciliation between cash and cash equivalents on the Consolidated Balance Sheets and the Consolidated Statements of Cash Flows:
December 31, 2024December 31, 2023
Cash and cash equivalents$1,211.9 $455.0 
Restricted cash— 84.4 
Cash and cash equivalents included in Settlement assets226.7 182.4 
Total cash and cash equivalents and restricted cash on the Consolidated Statements of Cash Flows$1,438.6 $721.8 
Schedule of Changes in Allowance for Doubtful Accounts
The change in the Company’s allowance for doubtful accounts was as follows:
Year Ended December 31,
20242023
Beginning balance$22.7 $18.1 
Additions to expense6.5 9.2 
Write-offs, net of recoveries and other adjustments(8.2)(4.6)
Ending balance$21.0 $22.7 
Schedule of Estimated Useful Life of Each Asset Category The estimated useful life of each asset category is as follows:
Useful life
Equipment
3-5 years
Capitalized software
3-5 years
Leasehold improvements
5-10 years*
Furniture and fixtures5 years
Vehicles5 years
*Not to exceed remaining lease term.
Property, plant and equipment, net consisted of the following:
December 31, 2024December 31, 2023
Equipment$21.0 $21.9 
Capitalized software4.4 3.5 
Leasehold improvements19.5 18.7 
Furniture and fixtures2.4 2.2 
Vehicles0.5 0.4 
Total property, plant and equipment, gross47.8 46.7 
Less: Accumulated depreciation(20.6)(18.1)
Total property, plant and equipment, net$27.2 $28.6