XML 58 R46.htm IDEA: XBRL DOCUMENT v3.23.2
Settlement Assets and Obligations - Schedule of Settlement Assets and Obligations (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Settlement assets:      
Cash and cash equivalents $ 11.1 $ 708.1 $ 602.7
Receivables from agents, Business Solutions customers, and others 2,000.6 1,533.2  
Less: Allowance for credit losses (11.7) (13.0)  
Receivables from agents, Business Solutions customers, and others, net 1,988.9 1,520.2  
Investment securities 1,420.0 1,333.7  
Less: Allowance for credit losses (0.3) (0.3)  
Investment securities, net 1,419.7 1,333.4  
Total settlement assets [1] 3,419.7 3,561.7  
Settlement obligations:      
Money transfer, money order, and payment service payables 2,759.5 2,843.3  
Payables to agents 660.2 718.4  
Total settlement obligations [1] $ 3,419.7 $ 3,561.7  
[1] Settlement assets and Settlement obligations include Assets held for sale and Liabilities associated with assets held for sale of $91.6 million and $74.9 million as of June 30, 2023 and December 31, 2022, respectively (see Note 4).