v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and equivalents $ 557.3 $ 579.7
Trade and other receivables, net 294.4 264.8
Prepaid expenses and other current assets 143.6 137.5
Total current assets before customer funds 995.3 982.0
Customer funds 5,362.7 5,001.5
Total current assets 6,358.0 5,983.5
Right of use lease assets, net 13.1 12.3
Property, plant, and equipment, net 228.5 223.7
Goodwill 2,343.4 2,336.7
Other intangible assets, net 162.4 189.2
Deferred sales commissions 242.2 231.8
Other assets 151.9 139.8
Total assets 9,499.5 9,117.0
Current liabilities:    
Current portion of long-term debt 582.3 7.3
Current portion of long-term lease liabilities 6.0 5.7
Accounts payable 86.0 77.0
Deferred revenue 40.1 42.3
Employee compensation and benefits 114.4 126.8
Other accrued expenses 35.8 31.5
Total current liabilities before customer funds obligations 864.6 290.6
Customer funds obligations 5,361.8 5,024.2
Total current liabilities 6,226.4 5,314.8
Long-term debt, less current portion 632.4 1,209.1
Employee benefit plans 5.6 5.9
Long-term lease liabilities, less current portion 10.5 10.8
Other liabilities 32.5 30.1
Total liabilities 6,907.4 6,570.7
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par, 500.0 shares authorized, 160.0 and 159.0 shares issued and outstanding, respectively 1.6 1.6
Additional paid in capital 3,391.4 3,363.2
Accumulated deficit (351.3) (335.8)
Accumulated other comprehensive loss (449.6) (482.7)
Total stockholders’ equity 2,592.1 2,546.3
Total liabilities and stockholders' equity $ 9,499.5 $ 9,117.0