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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,285.9 $ 1,208.3
Settlement assets 3,486.8 2,843.5
Property and equipment, net of accumulated depreciation of $512.8 and $650.4, respectively 109.6 129.4
Goodwill 2,034.6 2,034.6
Other intangible assets, net of accumulated amortization of $616.3 and $731.8, respectively 457.9 417.1
Other assets 859.9 737.7
Assets held for sale (Note 5) 261.6 1,452.9
Total assets 8,496.3 8,823.5
Liabilities:    
Accounts payable and accrued liabilities 464.0 450.2
Settlement obligations 3,486.8 2,843.5
Income taxes payable 725.3 870.7
Deferred tax liability, net 158.5 203.8
Borrowings [1] 2,616.8 3,008.4
Other liabilities 384.6 269.4
Liabilities associated with assets held for sale (Note 5) 182.5 821.9
Total liabilities 8,018.5 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; 373.5 shares and 393.8 shares issued and outstanding as of December 31, 2022 and 2021, respectively 3.7 3.9
Capital surplus 995.9 941.0
Accumulated deficit (353.9) (537.2)
Accumulated other comprehensive loss (167.9) (52.1)
Total stockholders' equity 477.8 355.6
Total liabilities and stockholders' equity $ 8,496.3 $ 8,823.5
[1] As of December 31, 2022, the Company’s weighted-average effective rate on total borrowings was approximately 3.9%.