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Revenue (Tables) | 9 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue Earned from Contracts with Customers | The following tables represent the disaggregation of revenue earned from contracts with customers by product type and region for the three and nine months ended September 30, 2023 and 2022 (in millions). The regional split of revenue shown in the tables below is based upon where transactions are initiated.
|  | Three Months Ended September 30, 2023 |
|  |  |  |  | Foreign |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 369.5 |  |  | $ | — |  |  | $ | 33.8 |  |  | $ | 403.3 |
Europe and CIS |  |  | 238.4 |  |  |  | — |  |  |  | 2.7 |  |  |  | 241.1 |
Middle East, Africa, and South Asia |  |  | 224.4 |  |  |  | — |  |  |  | 0.1 |  |  |  | 224.5 |
Latin America and the Caribbean |  |  | 106.7 |  |  |  | — |  |  |  | 25.5 |  |  |  | 132.2 |
East Asia and Oceania |  |  | 51.8 |  |  |  | — |  |  |  | — |  |  |  | 51.8 |
Revenues from contracts with customers |  | $ | 990.8 |  |  | $ | — |  |  | $ | 62.1 |  |  | $ | 1,052.9 |
Other revenues (a) |  |  | 28.2 |  |  |  | — |  |  |  | 16.7 |  |  |  | 44.9 |
Total revenues |  | $ | 1,019.0 |  |  | $ | — |  |  | $ | 78.8 |  |  | $ | 1,097.8 |
|  | Three Months Ended September 30, 2022 |
|  |  |  |  | Foreign |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 383.6 |  |  | $ | — |  |  | $ | 32.4 |  |  | $ | 416.0 |
Europe and CIS |  |  | 251.3 |  |  |  | 26.0 |  |  |  | 6.0 |  |  |  | 283.3 |
Middle East, Africa, and South Asia |  |  | 156.6 |  |  |  | — |  |  |  | 0.1 |  |  |  | 156.7 |
Latin America and the Caribbean |  |  | 97.0 |  |  |  | — |  |  |  | 25.5 |  |  |  | 122.5 |
East Asia and Oceania |  |  | 56.5 |  |  |  | — |  |  |  | — |  |  |  | 56.5 |
Revenues from contracts with customers |  | $ | 945.0 |  |  | $ | 26.0 |  |  | $ | 64.0 |  |  | $ | 1,035.0 |
Other revenues (a) |  |  | 37.4 |  |  |  | 16.6 |  |  |  | 0.6 |  |  |  | 54.6 |
Total revenues |  | $ | 982.4 |  |  | $ | 42.6 |  |  | $ | 64.6 |  |  | $ | 1,089.6 |
|  | Nine Months Ended September 30, 2023 |
|  |  |  |  | Foreign |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,089.1 |  |  | $ | — |  |  | $ | 101.0 |  |  | $ | 1,190.1 |
Europe and CIS |  |  | 718.1 |  |  |  | 13.0 |  |  |  | 12.9 |  |  |  | 744.0 |
Middle East, Africa, and South Asia |  |  | 658.5 |  |  |  | — |  |  |  | 0.3 |  |  |  | 658.8 |
Latin America and the Caribbean |  |  | 306.2 |  |  |  | — |  |  |  | 81.0 |  |  |  | 387.2 |
East Asia and Oceania |  |  | 161.9 |  |  |  | — |  |  |  | — |  |  |  | 161.9 |
Revenues from contracts with customers |  | $ | 2,933.8 |  |  | $ | 13.0 |  |  | $ | 195.2 |  |  | $ | 3,142.0 |
Other revenues (a) |  |  | 95.7 |  |  |  | 16.7 |  |  |  | 50.3 |  |  |  | 162.7 |
Total revenues |  | $ | 3,029.5 |  |  | $ | 29.7 |  |  | $ | 245.5 |  |  | $ | 3,304.7 |
|  | Nine Months Ended September 30, 2022 |
|  |  |  |  | Foreign |  |  |  |  |  |  |
|  | Consumer |  |  | Exchange |  |  |  |  |  |  |
|  | Money |  |  | and Payment |  |  | Other |  |  |  |
|  | Transfers |  |  | Services(b) |  |  | Services |  |  | Total |
Regions: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,171.3 |  |  | $ | 17.9 |  |  | $ | 96.5 |  |  | $ | 1,285.7 |
Europe and CIS |  |  | 808.2 |  |  |  | 80.4 |  |  |  | 15.2 |  |  |  | 903.8 |
Middle East, Africa, and South Asia |  |  | 477.8 |  |  |  | 0.4 |  |  |  | 0.3 |  |  |  | 478.5 |
Latin America and the Caribbean |  |  | 279.2 |  |  |  | 0.5 |  |  |  | 81.3 |  |  |  | 361.0 |
East Asia and Oceania |  |  | 177.1 |  |  |  | 12.5 |  |  |  | 0.5 |  |  |  | 190.1 |
Revenues from contracts with customers |  | $ | 2,913.6 |  |  | $ | 111.7 |  |  | $ | 193.8 |  |  | $ | 3,219.1 |
Other revenues (a) |  |  | 94.7 |  |  |  | 55.7 |  |  |  | 14.1 |  |  |  | 164.5 |
Total revenues |  | $ | 3,008.3 |  |  | $ | 167.4 |  |  | $ | 207.9 |  |  | $ | 3,383.6 |
(a) Includes revenue from the sale of derivative financial instruments, investment income generated on settlement assets primarily related to money transfer and money order services, and other sources. (b) On August 4, 2021, the Company entered into an agreement to sell its Business Solutions business to Goldfinch Partners LLC and The Baupost Group LLC. The first closing occurred on March 1, 2022, the second occurred on December 31, 2022, and the final closing occurred on July 1, 2023. See Note 4 for further information regarding this transaction.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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