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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 1,138.2 $ 1,285.9
Settlement assets 3,480.8 3,486.8
Property and equipment, net of accumulated depreciation of $448.8 and $512.8, respectively 90.8 109.6
Goodwill 2,034.6 2,034.6
Other intangible assets, net of accumulated amortization of $666.8 and $616.3, respectively 406.9 457.9
Other assets 762.4 859.9
Assets held for sale (Note 4)   261.6
Total assets 7,913.7 8,496.3
Liabilities:    
Accounts payable and accrued liabilities 433.1 464.0
Settlement obligations 3,480.8 3,486.8
Income taxes payable 661.7 725.3
Deferred tax liability, net 141.3 158.5
Borrowings [1] 2,309.1 2,616.8
Other liabilities 274.1 384.6
Liabilities associated with assets held for sale (Note 4)   182.5
Total liabilities 7,300.1 8,018.5
Commitments and contingencies (Note 6)
Stockholders' equity    
Preferred stock, $1.00 par value; 10 shares authorized; no shares issued
Common stock, $0.01 par value; 2,000 shares authorized; 366.8 shares and 373.5 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 3.7 3.7
Capital surplus 1,023.3 995.9
Accumulated deficit (229.3) (353.9)
Accumulated other comprehensive loss (184.1) (167.9)
Total stockholders' equity 613.6 477.8
Total liabilities and stockholders' equity $ 7,913.7 $ 8,496.3
[1] As of September 30, 2023, the Company’s weighted-average effective rate on total borrowings was approximately 3.9%.