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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,201.9 $ 1,208.3
Settlement assets 3,106.6 2,843.5
Property and equipment, net of accumulated depreciation of $649.1 and $650.4, respectively 115.6 129.4
Goodwill 2,034.6 2,034.6
Other intangible assets, net of accumulated amortization of $727.9 and $731.8, respectively 446.1 417.1
Other assets (Note 5) 1,193.6 737.7
Assets held for sale (Note 4) 688.9 1,452.9
Total assets 8,787.3 8,823.5
Liabilities:    
Accounts payable and accrued liabilities 411.5 450.2
Settlement obligations 3,106.6 2,843.5
Income taxes payable 851.6 870.7
Deferred tax liability, net 169.6 203.8
Borrowings [1] 2,695.3 3,008.4
Other liabilities (Note 4) 679.5 269.4
Liabilities associated with assets held for sale (Note 4) 424.9 821.9
Total liabilities 8,339.0 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; 386.1 shares and 393.8 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 3.9 3.9
Capital surplus 973.3 941.0
Accumulated deficit (412.1) (537.2)
Accumulated other comprehensive loss (116.8) (52.1)
Total stockholders' equity 448.3 355.6
Total liabilities and stockholders' equity $ 8,787.3 $ 8,823.5
[1] As of June 30, 2022, the Company’s weighted-average effective rate on total borrowings was approximately 3.6%.