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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 1,019.6 $ 1,474.0
Settlement assets 3,388.1 3,360.8
Property and equipment, net of accumulated depreciation of $459.9 and $454.9, respectively 80.8 84.2
Goodwill 2,085.2 2,059.6
Other intangible assets, net of accumulated amortization of $603.9 and $599.0, respectively 332.1 315.4
Deferred tax asset, net 249.2 265.0
Other assets 829.3 811.5
Total assets 7,984.3 8,370.5
Liabilities:    
Accounts payable and accrued liabilities 387.5 407.9
Settlement obligations 3,388.1 3,360.8
Income taxes payable 51.7 272.2
Deferred tax liability, net 155.3 155.6
Borrowings [1] 2,749.2 2,940.8
Other liabilities 368.9 264.3
Total liabilities 7,100.7 7,401.6
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; 324.3 shares and 337.9 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 3.2 3.4
Capital surplus 1,092.9 1,070.8
Retained earnings/(accumulated deficit) (35.2) 35.2
Accumulated other comprehensive loss (177.3) (140.5)
Total stockholders' equity 883.6 968.9
Total liabilities and stockholders' equity $ 7,984.3 $ 8,370.5
[1] As of June 30, 2025, the Company’s weighted-average effective rate on total borrowings was approximately 4.5%.