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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of supplemental disclosures The supplemental disclosures for cash and non-cash flows for the years ended December 31, 2022, 2021 and 2020 are as follows:
202220212020
(in millions)
Supplemental disclosures:
Interest paid$24.5 $23.9 $4.5 
Federal income taxes paid— — — 
Leasehold improvements - non-cash0.9 1.5 — 
Conversion of preferred stock to common stock - non-cash— — 560.4 
Conversion of warrants to common stock - non-cash— — 75.0 
Lease liabilities arising from obtaining right-of-use asset
— 9.9 — 
Investment Agreement issuance costs - non-cash— 9.1 — 
Purchases of treasury stock - non-cash— — 0.5 
Schedule of cash and cash equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amount in the consolidated statements of cash flows:
20222021
(in millions)
Cash and cash equivalents$762.1 $706.0 
Restricted cash1.0 1.0 
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows
$763.1 $707.0 
Schedule of capitalized computer software The capitalized cost and accumulated amortization of internally developed software in other assets in our consolidated balance sheets at December 31, 2022 and 2021 are as follows:
20222021
(dollars in millions)
Internally developed software$29.3 $20.5 
Accumulated amortization(13.0)(8.0)
Internally developed software, net$16.3 $12.5 
Schedule of fixed assets The capitalized cost and accumulated depreciation of fixed assets in other assets in our consolidated balance sheets at December 31, 2022 and 2021 are as follows:
20222021
(dollars in millions)
Computers$6.8 $7.0 
Furniture2.6 3.4 
Leasehold improvements8.9 9.8 
Total fixed assets, at cost$18.3 $20.2 
Accumulated depreciation(12.8)(9.9)
Fixed assets, net$5.5 $10.3