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v3.23.2

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 | Jun. 30, 2022
--- | --- | --- | ---
Assets: |  |  |
Settlement assets | $ 3,328.1 | $ 3,486.8 |
Cash and cash equivalents | 1,585.9 | 1,285.9 | $ 1,201.9
Derivatives | 80.8 | 126.1 |
Liabilities: |  |  |
Derivatives | 70.3 | 98.9 |
Recurring |  |  |
Assets: |  |  |
Derivatives | 80.8 | 126.1 |
Total assets | 1,508.4 | 1,471.5 |
Liabilities: |  |  |
Derivatives | 70.3 | 98.9 |
Total liabilities | 70.3 | 98.9 |
Recurring | Money market funds |  |  |
Assets: |  |  |
Settlement assets | 7.6 | 11.7 |
Recurring | State and municipal debt securities |  |  |
Assets: |  |  |
Settlement assets | 1,019.3 | 933.3 |
Recurring | United States government agency mortgage-backed securities |  |  |
Assets: |  |  |
Settlement assets | 16.0 | 20.5 |
Recurring | Corporate and other debt securities |  |  |
Assets: |  |  |
Settlement assets | 147.5 | 146.9 |
Recurring | State and municipal variable-rate demand notes |  |  |
Assets: |  |  |
Settlement assets | 46.3 | 48.9 |
Recurring | Asset-backed securities |  |  |
Assets: |  |  |
Settlement assets | 190.9 | 184.1 |
Recurring | Level 1 |  |  |
Assets: |  |  |
Total assets | 7.6 | 11.7 |
Recurring | Level 1 | Money market funds |  |  |
Assets: |  |  |
Settlement assets | 7.6 | 11.7 |
Recurring | Level 2 |  |  |
Assets: |  |  |
Derivatives | 80.8 | 126.1 |
Total assets | 1,500.8 | 1,459.8 |
Liabilities: |  |  |
Derivatives | 70.3 | 98.9 |
Total liabilities | 70.3 | 98.9 |
Recurring | Level 2 | State and municipal debt securities |  |  |
Assets: |  |  |
Settlement assets | 1,019.3 | 933.3 |
Recurring | Level 2 | United States government agency mortgage-backed securities |  |  |
Assets: |  |  |
Settlement assets | 16.0 | 20.5 |
Recurring | Level 2 | Corporate and other debt securities |  |  |
Assets: |  |  |
Settlement assets | 147.5 | 146.9 |
Recurring | Level 2 | State and municipal variable-rate demand notes |  |  |
Assets: |  |  |
Settlement assets | 46.3 | 48.9 |
Recurring | Level 2 | Asset-backed securities |  |  |
Assets: |  |  |
Settlement assets | $ 190.9 | $ 184.1 |

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