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Revenue (Tables) | 9 Months Ended
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Sep. 30, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue Earned from Contracts with Customers | The following tables represent the disaggregation of revenue earned from contracts with customers by product type and region for the three and nine months ended September 30, 2022 and 2021 (in millions). The regional split of revenue shown in the tables below is based upon where transactions are initiated.
|  | Three Months Ended September 30, 2022 |
|  |  |  |  | Foreign |  |  |  |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Consumer |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Bill Payments |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 383.6 |  |  | $ | — |  |  | $ | 17.2 |  |  | $ | 15.2 |  |  | $ | 416.0 |
Europe and CIS |  |  | 251.3 |  |  |  | 26.0 |  |  |  | 6.0 |  |  |  | — |  |  |  | 283.3 |
Middle East, Africa, and South Asia |  |  | 156.6 |  |  |  | — |  |  |  | 0.1 |  |  |  | — |  |  |  | 156.7 |
Latin America and the Caribbean |  |  | 97.0 |  |  |  | — |  |  |  | 23.4 |  |  |  | 2.1 |  |  |  | 122.5 |
East Asia and Oceania |  |  | 56.5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 56.5 |
Revenues from contracts with customers |  | $ | 945.0 |  |  | $ | 26.0 |  |  | $ | 46.7 |  |  | $ | 17.3 |  |  | $ | 1,035.0 |
Other revenues (a) |  |  | 37.4 |  |  |  | 16.6 |  |  |  | 1.2 |  |  |  | (0.6 | ) |  |  | 54.6 |
Total revenues |  | $ | 982.4 |  |  | $ | 42.6 |  |  | $ | 47.9 |  |  | $ | 16.7 |  |  | $ | 1,089.6 |
|  | Nine Months Ended September 30, 2022 |
|  |  |  |  | Foreign |  |  |  |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Consumer |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Bill Payments |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,171.3 |  |  | $ | 17.9 |  |  | $ | 52.7 |  |  | $ | 43.8 |  |  | $ | 1,285.7 |
Europe and Russia/CIS |  |  | 808.2 |  |  |  | 80.4 |  |  |  | 15.1 |  |  |  | 0.1 |  |  |  | 903.8 |
Middle East, Africa, and South Asia |  |  | 477.8 |  |  |  | 0.4 |  |  |  | 0.3 |  |  |  | — |  |  |  | 478.5 |
Latin America and the Caribbean |  |  | 279.2 |  |  |  | 0.5 |  |  |  | 74.8 |  |  |  | 6.5 |  |  |  | 361.0 |
East Asia and Oceania |  |  | 177.1 |  |  |  | 12.5 |  |  |  | 0.5 |  |  |  | — |  |  |  | 190.1 |
Revenues from contracts with customers |  | $ | 2,913.6 |  |  | $ | 111.7 |  |  | $ | 143.4 |  |  | $ | 50.4 |  |  | $ | 3,219.1 |
Other revenues (a) |  |  | 94.7 |  |  |  | 55.7 |  |  |  | 3.6 |  |  |  | 10.5 |  |  |  | 164.5 |
Total revenues |  | $ | 3,008.3 |  |  | $ | 167.4 |  |  | $ | 147.0 |  |  | $ | 60.9 |  |  | $ | 3,383.6 |
|  | Three Months Ended September 30, 2021 |
|  |  |  |  | Foreign |  |  |  |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Consumer |  |  | Other |  |  |  |
|  | Transfers |  |  | Services |  |  | Bill Payments |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 406.7 |  |  | $ | 30.9 |  |  | $ | 18.0 |  |  | $ | 14.4 |  |  | $ | 470.0 |
Europe and Russia/CIS |  |  | 345.0 |  |  |  | 39.3 |  |  |  | 1.4 |  |  |  | 0.4 |  |  |  | 386.1 |
Middle East, Africa, and South Asia |  |  | 165.8 |  |  |  | 0.5 |  |  |  | 0.2 |  |  |  | — |  |  |  | 166.5 |
Latin America and the Caribbean |  |  | 97.5 |  |  |  | 0.9 |  |  |  | 20.2 |  |  |  | 1.7 |  |  |  | 120.3 |
East Asia and Oceania |  |  | 69.2 |  |  |  | 17.9 |  |  |  | 0.3 |  |  |  | — |  |  |  | 87.4 |
Revenues from contracts with customers |  | $ | 1,084.2 |  |  | $ | 89.5 |  |  | $ | 40.1 |  |  | $ | 16.5 |  |  | $ | 1,230.3 |
Other revenues (a) |  |  | 20.3 |  |  |  | 27.3 |  |  |  | 3.6 |  |  |  | 4.8 |  |  |  | 56.0 |
Total revenues |  | $ | 1,104.5 |  |  | $ | 116.8 |  |  | $ | 43.7 |  |  | $ | 21.3 |  |  | $ | 1,286.3 |
|  | Nine Months Ended September 30, 2021 |
|  |  |  |  | Foreign |  |  |  |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Consumer |  |  | Other |  |  |  |
|  | Transfers |  |  | Services |  |  | Bill Payments |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,211.0 |  |  | $ | 75.6 |  |  | $ | 54.6 |  |  | $ | 43.2 |  |  | $ | 1,384.4 |
Europe and Russia/CIS |  |  | 1,047.8 |  |  |  | 107.3 |  |  |  | 3.6 |  |  |  | 1.0 |  |  |  | 1,159.7 |
Middle East, Africa, and South Asia |  |  | 492.2 |  |  |  | 1.5 |  |  |  | 0.4 |  |  |  | — |  |  |  | 494.1 |
Latin America and the Caribbean |  |  | 276.7 |  |  |  | 2.5 |  |  |  | 56.8 |  |  |  | 5.6 |  |  |  | 341.6 |
East Asia and Oceania |  |  | 204.0 |  |  |  | 51.1 |  |  |  | 0.8 |  |  |  | — |  |  |  | 255.9 |
Revenues from contracts with customers |  | $ | 3,231.7 |  |  | $ | 238.0 |  |  | $ | 116.2 |  |  | $ | 49.8 |  |  | $ | 3,635.7 |
Other revenues (a) |  |  | 50.8 |  |  |  | 74.6 |  |  |  | 10.0 |  |  |  | 14.9 |  |  |  | 150.3 |
Total revenues |  | $ | 3,282.5 |  |  | $ | 312.6 |  |  | $ | 126.2 |  |  | $ | 64.7 |  |  | $ | 3,786.0 |
(a) Includes revenue from the sale of derivative financial instruments, investment income generated on settlement assets primarily related to money transfer and money order services, and other sources. (b) On August 4, 2021, the Company entered into an agreement to sell its Business Solutions business to Goldfinch Partners LLC and The Baupost Group LLC. During the third quarter of 2022, all parties agreed for the sale to be completed in three closings instead of two. The first closing occurred on March 1, 2022, the second is expected to occur in December 2022, and the third is expected in the first quarter of 2023. See Note 4 for further information regarding this transaction.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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