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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and equivalents $ 188.0 $ 94.2
Trade and other receivables, net 62.6 66.6
Prepaid expenses 38.7 36.4
Assets of discontinued operations   156.2
Other current assets 2.4 5.3
Total current assets before customer trust funds 291.7 358.7
Customer trust funds 3,426.6 4,099.7
Total current assets 3,718.3 4,458.4
Property, plant, and equipment, net 100.6 102.0
Goodwill 1,949.8 1,961.0
Other intangible assets, net 192.3 206.5
Other assets 1.8 2.0
Total assets 5,962.8 6,729.9
Current liabilities:    
Current portion of long-term debt 6.8  
Accounts payable 34.8 44.4
Accrued interest 0.3 15.9
Deferred revenue 16.8 14.0
Employee compensation and benefits 61.2 68.8
Liabilities of discontinued operations 0.2 19.6
Other accrued expenses 19.2 15.0
Total current liabilities before customer trust funds obligations 139.3 177.7
Customer trust funds obligations 3,457.0 4,105.5
Total current liabilities 3,596.3 4,283.2
Long-term debt, less current portion 665.0 1,119.8
Employee benefit plans 124.6 152.4
Other liabilities 38.4 45.5
Total liabilities 4,424.3 5,600.9
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.01 par, 500,000,000 shares authorized, 138,049,718 shares issued and outstanding as of September 30, 2018 and 150,000,000 shares authorized, 65,285,962 shares issued and outstanding as of December 31, 2017 1.4 0.7
Additional paid in capital 2,297.3 1,565.4
Accumulated deficit (419.1) (348.2)
Accumulated other comprehensive loss (341.1) (312.1)
Total stockholders’ equity 1,538.5 1,091.2
Noncontrolling interest   37.8
Total equity 1,538.5 1,129.0
Total liabilities and equity $ 5,962.8 6,729.9
Senior Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock   184.8
Junior Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock   $ 0.6