XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,295.8 $ 1,208.3
Settlement assets 2,999.5 2,843.5
Property and equipment, net of accumulated depreciation of $645.0 and $650.4, respectively 122.9 129.4
Goodwill 2,034.6 2,034.6
Other intangible assets, net of accumulated amortization of $753.9 and $731.8, respectively 400.1 417.1
Other assets 1,012.7 737.7
Assets held for sale (Note 4) 623.1 1,452.9
Total assets 8,488.7 8,823.5
Liabilities:    
Accounts payable and accrued liabilities 470.7 450.2
Settlement obligations 2,999.5 2,843.5
Income taxes payable 927.3 870.7
Deferred tax liability, net 182.7 203.8
Borrowings [1] 2,534.5 3,008.4
Other liabilities (Note 4) 662.6 269.4
Liabilities associated with assets held for sale (Note 4) 358.6 821.9
Total liabilities 8,135.9 8,467.9
Commitments and contingencies (Note 6)
Stockholders' equity    
Preferred stock, $1.00 par value; 10 shares authorized; no shares issued
Common stock, $0.01 par value; 2,000 shares authorized; 387.1 shares and 393.8 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 3.9 3.9
Capital surplus 960.5 941.0
Accumulated deficit (495.4) (537.2)
Accumulated other comprehensive loss (116.2) (52.1)
Total stockholders' equity 352.8 355.6
Total liabilities and stockholders' equity $ 8,488.7 $ 8,823.5
[1] As of March 31, 2022, the Company’s weighted-average effective rate on total borrowings was approximately 3.7%.