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v3.23.1

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022
--- | --- | --- | ---
Assets: |  |  |
Settlement assets | $ 3,386.8 | $ 3,486.8 |
Cash and cash equivalents | 1,228.6 | 1,285.9 | $ 1,295.8
Derivatives | 102.2 | 126.1 |
Liabilities: |  |  |
Derivatives | 84.0 | 98.9 |
Money market funds |  |  |
Assets: |  |  |
Cash and cash equivalents | 150.0 |  |
Recurring |  |  |
Assets: |  |  |
Derivatives | 102.2 | 126.1 |
Total assets | 1,715.3 | 1,471.5 |
Liabilities: |  |  |
Derivatives | 84.0 | 98.9 |
Total liabilities | 84.0 | 98.9 |
Recurring | Money market funds |  |  |
Assets: |  |  |
Settlement assets | 25.8 | 11.7 |
Cash and cash equivalents | 150.0 |  |
Recurring | State and municipal debt securities |  |  |
Assets: |  |  |
Settlement assets | 1,010.3 | 933.3 |
Recurring | Asset-backed securities |  |  |
Assets: |  |  |
Settlement assets | 196.4 | 184.1 |
Recurring | Corporate debt securities |  |  |
Assets: |  |  |
Settlement assets | 147.7 | 146.9 |
Recurring | State and municipal variable-rate demand notes |  |  |
Assets: |  |  |
Settlement assets | 64.1 | 48.9 |
Recurring | United States government agency mortgage-backed securities |  |  |
Assets: |  |  |
Settlement assets | 18.8 | 20.5 |
Recurring | Level 1 |  |  |
Assets: |  |  |
Total assets | 175.8 | 11.7 |
Recurring | Level 1 | Money market funds |  |  |
Assets: |  |  |
Settlement assets | 25.8 | 11.7 |
Cash and cash equivalents | 150.0 |  |
Recurring | Level 2 |  |  |
Assets: |  |  |
Derivatives | 102.2 | 126.1 |
Total assets | 1,539.5 | 1,459.8 |
Liabilities: |  |  |
Derivatives | 84.0 | 98.9 |
Total liabilities | 84.0 | 98.9 |
Recurring | Level 2 | State and municipal debt securities |  |  |
Assets: |  |  |
Settlement assets | 1,010.3 | 933.3 |
Recurring | Level 2 | Asset-backed securities |  |  |
Assets: |  |  |
Settlement assets | 196.4 | 184.1 |
Recurring | Level 2 | Corporate debt securities |  |  |
Assets: |  |  |
Settlement assets | 147.7 | 146.9 |
Recurring | Level 2 | State and municipal variable-rate demand notes |  |  |
Assets: |  |  |
Settlement assets | 64.1 | 48.9 |
Recurring | Level 2 | United States government agency mortgage-backed securities |  |  |
Assets: |  |  |
Settlement assets | $ 18.8 | $ 20.5 |

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3044-108585 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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