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Settlement Assets and Obligations (Tables)
12 Months Ended
Dec. 31, 2024
Settlement Assets and Obligations  
Schedule of settlement assets and liabilities

(in millions)


As of December 31, 2024


As of December 31, 2023

Settlement assets:


 


 

Settlement cash and cash equivalents


$

367.2

 


$

327.4

  

Settlement restricted cash


189.2

 


125.0

  

Account receivables, net of credit loss allowance of $31.7 and $35.7


769.5

 


1,002.1

  

Prepaid expenses and other current assets


196.8

 


227.0

  

Total settlement assets


$

1,522.7

 


$

1,681.5

  

Settlement obligations:


 


 

Trade account payables


$

628.2

 


$

708.6

  

Accrued expenses and other current liabilities 


894.5

 


972.9

  

Total settlement obligations


$

1,522.7

 


$

1,681.5

  

Schedule of cash and cash equivalents and restricted cash
 
 
As of
(in millions)
 
December 31,
2024

December 31,
2023
 
December 31,
2022
Cash and cash equivalents
 
$
1,278.8


$
1,254.2

 
$
1,131.2

Restricted cash
 
9.2


15.2

 
7.4

ATM cash
 
643.8


525.2

 
515.6

Settlement cash and cash equivalents
 
367.2


327.4

 
242.6

Settlement restricted cash
 
189.2


125.0

 
94.0

Cash and cash equivalents and restricted cash at end of period
 
$
2,488.2


$
2,247.0

 
$
1,990.8