v3.26.1
Borrowings - Schedule of Outstanding Borrowings (Parenthetical) (Details)
£ in Millions, $ in Millions
 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2026
GBP (£)
May 05, 2026
USD ($)
Mar. 31, 2026
Mar. 09, 2026
USD ($)
Dec. 31, 2025
USD ($)
Outstanding Borrowings            
Weighted-average effective interest rate (as a percent) 5.10% 5.10%        
Total borrowings at par value $ 2,710.1         $ 2,884.9
Commercial Paper            
Outstanding Borrowings            
Threshold over which Commercial Paper Program limit will be reduced for borrowings on revolving credit facility $ 1,620.0          
Maximum days to maturity 397 days          
Weighted-average effective interest rate (as a percent) 4.10% 4.10%        
Total borrowings at par value [1] $ 199.8         392.0
Weighted-average term 4 days          
Revolving Credit Facility            
Outstanding Borrowings            
Maximum borrowing capacity $ 1,620.0          
Revolving Credit Facility | Eurochange Limited            
Outstanding Borrowings            
Maximum borrowing capacity $ 79.0 £ 60        
Revolving credit facility expiration 2030-02          
Weighted-average effective interest rate (as a percent) 5.30% 5.30%        
Total borrowings at par value [2] $ 45.3         $ 42.9
1.350% Notes Due 2026            
Outstanding Borrowings            
Stated interest rate (as a percent) 1.35% 1.35%   1.35%   1.35%
Total borrowings at par value [3]           $ 600.0
4.750% notes due 2029            
Outstanding Borrowings            
Stated interest rate (as a percent) 4.75% 4.75%     4.75% 4.75%
Effective interest rate (as a percent) 5.10% 5.10%       5.10%
Total borrowings at par value $ 615.0 [4]       $ 450.0  
Additional principal amount     $ 165.0      
2.750% Notes Due 2031            
Outstanding Borrowings            
Stated interest rate (as a percent) 2.75% 2.75%       2.75%
Total borrowings at par value [5] $ 300.0         $ 300.0
6.200% Notes Due 2036            
Outstanding Borrowings            
Stated interest rate (as a percent) 6.20% 6.20%       6.20%
Total borrowings at par value [5] $ 500.0         $ 500.0
6.200% Notes Due 2040            
Outstanding Borrowings            
Stated interest rate (as a percent) 6.20% 6.20%       6.20%
Total borrowings at par value [5] $ 250.0         $ 250.0
Term Loan Facility Borrowing            
Outstanding Borrowings            
Effective interest rate (as a percent) 5.00% 5.00%       5.00%
Total borrowings at par value $ 800.0         $ 800.0
[1] Pursuant to the Company’s commercial paper program, the Company may issue unsecured commercial paper notes in an amount not to exceed $1.62 billion outstanding at any time, reduced to the extent of borrowings outstanding on the Company’s revolving credit facility (“Revolving Credit Facility”). The commercial paper notes may have maturities of up to 397 days from date of issuance. The Company’s commercial paper borrowings as of June 30, 2026 had a weighted-average annual interest rate of approximately 4.1% and a weighted-average term of approximately 4 days.
[2] One of the Company’s subsidiaries utilizes a short-term revolving credit facility agreement to fund certain operating activities in the UK. The subsidiary may borrow up to £60 million ($79 million as of June 30, 2026), and the facility expires in February 2030. Drawdowns of the credit facility borrowings are restricted for use in this subsidiary to purchase physical currency or repay existing borrowings on the facility. These credit facility borrowings as of June 30, 2026 had a weighted-average annual interest rate of approximately 5.3%
[3] Proceeds from the issuance of unsecured notes due in 2029 ("2029 Notes") and commercial paper were used to repay the aggregate principal amount of 1.350% unsecured notes due in March 2026.
[4] On March 9, 2026, the Company issued $450.0 million of aggregate principal amount of 4.750% unsecured notes due in 2029. On May 5, 2026, the Company issued an additional $165.0 million of aggregate principal amount of the 2029 Notes.
[5] The difference between the stated interest rate and the effective interest rate is not significant.