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Settlement Assets and Obligations - Schedule of Settlement Assets and Obligations (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Dec. 31, 2022 | Sep. 30, 2022
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Settlement assets: |  |  |  |
Cash and cash equivalents | $ 484.4 | $ 708.1 |  | $ 817.2
Receivables from agents, Business Solutions customers, and others | 1,633.8 | 1,533.2 |  |
Less: Allowance for credit losses | (20.5) | (13.0) |  |
Receivables from agents, Business Solutions customers, and others, net | 1,613.3 | 1,520.2 |  |
Investment securities | 1,383.3 | 1,333.7 |  |
Less: Allowance for credit losses | (0.2) | (0.3) |  |
Investment securities, net | 1,383.1 | 1,333.4 |  |
Total settlement assets | 3,480.8 | 3,561.7 | [1] |
Settlement obligations: |  |  |  |
Money transfer, money order, and payment service payables | 2,732.6 | 2,843.3 |  |
Payables to agents | 748.2 | 718.4 |  |
Total settlement obligations | $ 3,480.8 | $ 3,561.7 | [1] |
[1] | Settlement assets and Settlement obligations include Assets held for sale and Liabilities associated with assets held for sale of $74.9 million as of December 31, 2022 (see Note 4).

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