Moneygram International (MGI) 10-K 24 Feb 23 2022 FY Annual report Financial data

Cover

Cover - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Feb. 22, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-31950
Entity Registrant Name	MONEYGRAM INTERNATIONAL, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	16-1690064
Entity Address, Address Line One	2828 N. Harwood St., 15th Floor
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75201
City Area Code	214
Local Phone Number	999-7552
Title of 12(b) Security	Common stock, $0.01 par value
Trading Symbol	MGI
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 924,100
Entity Common Stock, Shares Outstanding		96,626,432
Documents Incorporated by Reference	Certain information required by Part III of this report is incorporated by reference to an amendment to the registrant's Annual Report on Form 10-K for the year ended December 31, 2022 , to be filed with the Securities and Exchange Commission.
Amendment Flag	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001273931
Current Fiscal Year End Date	--12-31

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Dallas, Texas
Auditor Firm ID	185

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 172.1	$ 155.2
Settlement assets	3,607.2	3,591.4
Property and equipment, net	134.5	133.9
Goodwill	442.2	442.2
Right-of-use asset, operating lease	42.5	52.6
Other assets	106.7	101.2
Total assets	4,505.2	4,476.5
LIABILITIES
Payment service obligations	3,607.2	3,591.4
Debt, net	785.4	786.7
Pension and other postretirement benefits	53.3	67.1
Lease liability - operating	45.4	56.3
Accounts payable and other liabilities	159.7	160
Total liabilities	4,651	4,661.5
Commitments and Contingencies
STOCKHOLDERS' DEFICIT
Common Stock, Value, Issued	1	0.9
Additional Paid in Capital	1,415.3	1,400.3
Retained Earnings (Accumulated Deficit)	(1,479.2)	(1,513.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(64.9)	(62.8)
Treasury Stock, Value	(18)	(10)
Total stockholders' deficit	(145.8)	(185)
Total liabilities and stockholders' deficit	$ 4,505.2	$ 4,476.5
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	7,000,000
Common Stock, Shares, Outstanding	96,626,432	90,725,982
Common stock, shares authorized	162,500,000	162,500,000
Common Stock, Shares, Issued	98,964,065	92,305,011
Treasury stock (shares)	2,337,633	1,579,029

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2019
Preferred Stock, Shares Authorized	7,000,000
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	162,500,000	162,500,000
Common Stock, Shares, Issued	98,964,065	92,305,011
Treasury stock (shares)	2,337,633	1,579,029
D Stock
Participating convertible preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized			200,000
Participating convertible preferred stock, shares issued (shares)			71,282

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
REVENUE
Fee and other revenue	$ 1,272.2	$ 1,275.8	$ 1,197.2
Investment revenue	37.9	7.8	20
Total revenue	1,310.1	1,283.6	1,217.2
COST OF REVENUE
Commissions and other fee expense	610.7	622.7	603.6
Investment commissions expense	21.9	0.9	3.6
Direct transaction expense	57.6	60.5	45.8
Total cost of revenue	690.2	684.1	653
Gross Profit	619.9	599.5	564.2
Compensation and benefits	228	227.8	223.8
Transaction and operations support (1)	187.2	179.1	111.6
Occupancy, equipment and supplies	59.8	61.9	61.4
Depreciation and amortization	51.7	57	64.4
Total operating expenses	526.7	525.8	461.2
OPERATING INCOME	93.2	73.7	103
Other expenses
Interest expense	49.4	69.5	92.4
Loss on early extinguishment of debt	0	44.1	0
Other non-operating expense	4	3.7	4.5
Total other expenses	53.4	117.3	96.9
Income (loss) before income taxes	39.8	(43.6)	6.1
Income tax expense (benefit)	5.6	(5.7)	14
NET INCOME (LOSS)	$ 34.2	$ (37.9)	$ (7.9)
EARNINGS (LOSS) PER COMMON SHARE
Basic (usd per share)	$ 0.35	$ (0.42)	$ (0.10)
Diluted (usd per share)	$ 0.34	$ (0.42)	$ (0.10)
Weighted-average outstanding common shares and equivalents used in computing loss per share
Basic	96.4	89.7	77.8
Diluted	100.1	89.7	77.8

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($)
Affiliated Entity
Market development fees	$ 50.2

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
NET INCOME (LOSS)	$ 34.2	$ (37.9)	$ (7.9)
OTHER COMPREHENSIVE (LOSS) INCOME
Net change in unrealized holding gain (loss) on available-for-sale securities arising during the period net of tax (expense) benefits of $(0.2), $(0.1) and $0.1 for the years ended December 31, 2022, 2021 and 2020, respectively	0.7	0.3	(0.4)
Net change in pension liability due to amortization of prior service cost and net actuarial loss, net of tax benefit of $0.5, $0.6 and $0.5 for the years ended December 31, 2022, 2021 and 2020, respectively	1.8	1.9	1.7
Pension settlement gain, net of tax benefit of $0.1 for the year ended December 31, 2022	(0.4)	0	0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	5.6	1.4	(3.4)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(9.8)	(8)	7.2
Other comprehensive (loss) income	(2.1)	(4.4)	5.1
COMPREHENSIVE INCOME (LOSS)	$ 32.1	$ (42.3)	$ (2.8)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, Tax	$ (0.2)	$ (0.1)	$ 0.1
Net change in pension liability, tax	0.5	0.6	0.5
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	(0.1)
Tax benefit, net	1.7	0.4	(1)
Unrealized foreign currency translation gains (losses), tax	$ 0	$ 0	$ 0.2

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 34.2	$ (37.9)	$ (7.9)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	51.7	57	64.4
Signing bonus amortization	50.1	56.4	54.5
Proceeds from Lease Payment, Operating Activity	10.1	12.6	9.9
Deferred income tax expense (benefit)	1.2	(8.8)	9.1
Amortization of debt discount and debt issuance costs	2.7	7.5	11.7
Loss on early extinguishment of debt	0	44.1	0
Non-cash compensation and pension expense	18	11.1	11.1
Signing bonus payments	(36.9)	(36)	(58.7)
Change in other assets	(27.4)	(11.5)	(10.9)
Change in lease liabilities	(10.9)	(13.7)	(15.3)
Change in accounts payable and other liabilities	(7.1)	(43.9)	29.3
Other non-cash items, net	0	0.2	(0.4)
Net Cash Provided by (Used in) Operating Activities	85.7	37.1	96.8
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for capital expenditures	(53.8)	(41.4)	(40.8)
Proceeds from available-for-sale investments	0.6	0.8	0.7
Purchases of interest-bearing investments	(956.4)	(768)	(541.6)
Proceeds from interest-bearing investments	951	766.6	537.1
Purchase of equity investments	(4)	(5)	0
Proceeds from Sale of Other Investments	0	2.5	0
Net cash used in investing activities	(62.6)	(44.5)	(44.6)
CASH FLOWS FROM FINANCING ACTIVITIES:
Transaction costs for issuance and amendment of debt	0	(6.6)	0
Proceeds from Issuance of Debt	0	807.8	0
Principal payments on debt	(4)	(905.9)	(6.5)
Prepayment Call Premium	0	(16.5)	0
Proceeds from revolving credit facility	0	0	23
Payments on revolving credit facility	0	0	(23)
Change in receivables, net	(406.6)	124.6	(109.5)
Change in payment service obligations	15.8	(111.5)	465.9
Net proceeds from stock issuance	0	97.1	0
Payments for Repurchase of Common Stock	0	(6.2)	0
Payments to tax authorities for stock-based compensation	(8)	(3.8)	(0.7)
Net cash (used in) provided by financing activities	(402.8)	(21)	349.2
NET CHANGE IN CASH AND CASH EQUIVALENTS AND SETTLEMENT CASH AND CASH EQUIVALENTS	(379.7)	(28.4)	401.4
CASH AND CASH EQUIVALENTS AND SETTLEMENT CASH AND CASH EQUIVALENTS—Beginning of year	2,050.9	2,079.3	1,677.9
CASH AND CASH EQUIVALENTS AND SETTLEMENT CASH AND CASH EQUIVALENTS—End of year	1,671.2	2,050.9	2,079.3
Supplemental Cash Flow Information [Abstract]
Cash payments for interest	47.5	51.8	77.5
Cash payments (refunds) for taxes, net	13.7	5.7	(1.8)
Cash and cash equivalents	172.1	155.2
Settlement Cash and Cash Equivalents	1,499.1	1,895.7
Cash and Cash Equivalents and Settlement Cash and Cash Equivalents	$ 1,671.2	$ 2,050.9	$ 2,079.3

Consdensed Consolidated Stateme

Consdensed Consolidated Statements of Stockholders' Deficit - USD ($) shares in Millions, $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Loss	Accumulated Other Comprehensive Loss	Treasury Stock
Beginning Balance at Dec. 31, 2019	$ (240.4)	$ 183.9	$ 0.7	$ 1,116.9	$ (1,460.1)	$ (63.5)	$ (18.3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(7.9)				(7.9)
Stock-based compensation activity	$ 6.2			$ 6.6	(7.3)		$ 6.9
Stock Issued During Period, Shares, Conversion of Convertible Securities	0	(183.9)		172.5			11.4
Other comprehensive loss	$ 5.1					5.1
Ending Balance at Dec. 31, 2020	(237)	$ 0	0.7	$ 1,296	(1,475.3)	(58.4)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(37.9)				(37.9)
Stock-based compensation activity	3.3			7.3	(0.2)		(3.8)
Exercise of Ripple Warrants	0		0.1	(0.1)
ATM Equity Offering	97.2		0.1	97.1
Stock repurchases	(6.2)						(6.2)
Other comprehensive loss	(4.4)					(4.4)
Ending Balance at Dec. 31, 2021	(185)	0	0.9	1,400.3	(1,513.4)	(62.8)	(10)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	34.2				34.2
Stock-based compensation activity	6.9			15			(8.1)
Exercise of Lender Warrants	0.2		0.1				0.1
Other comprehensive loss	(2.1)					(2.1)
Ending Balance at Dec. 31, 2022	$ (145.8)	$ 0	$ 1	$ 1,415.3	$ (1,479.2)	$ (64.9)	$ (18)

Description of the Business and

Description of the Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Description of the Business and Basis of Presentation [Abstract]
Description of the Business and Basis of Presentation	References to "MoneyGram," the "Company," "we," "us" and "our" are to MoneyGram International, Inc. and its subsidiaries. Nature of Operations — MoneyGram offers products and services under its two reporting segments: GFT and FPP. The GFT segment provides global money transfer services and bill payment services to consumers through two primary distribution channels: retail and digital. Through our Retail Channel, we offer services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. Additionally, we have limited Company-operated retail locations. We offer services through MGO, digital partnerships, direct transfers to bank accounts, mobile wallets and card solutions, such as Visa Direct, as part of our Digital Channel. The FPP segment provides official check outsourcing services and money orders through financial institutions and agent locations. Basis of Presentation — The accompanying consolidated financial statements of MoneyGram are prepared in conformity with generally accepted accounting principles in the United States of America ("U.S. GAAP"). The Consolidated Balance Sheets are unclassified due to the timing uncertainty surrounding the payment of settlement obligations. Impact of COVID-19 Pandemic On Our Financial Statements — The global spread of COVID-19 and the unprecedented impact of the COVID-19 pandemic is complex and ever-evolving. In March 2020, the World Health Organization declared COVID-19 a global pandemic and recommended extensive containment and mitigation measures worldwide. The outbreak reached all regions in which we do business, and governmental authorities around the world implemented numerous measures attempting to contain and mitigate the effects of the virus, including travel bans and restrictions, border closings, quarantines, shelter-in-place orders, shutdowns, limitations or closures of non-essential businesses, school closures and social distancing requirements. The global spread of COVID-19 and its subsequent variants, in combination with the government actions taken in response to the virus have caused and may continue to cause significant economic and business disruption, volatility, financial uncertainty and a continued significant global economic downturn. This has had and may continue to have, a negative impact on the mobility of the global workforce, our agents, customers, consumer spending and global financial markets. Even after the initial impact of the COVID-19 pandemic has subsided, we may continue to experience adverse impacts to our business as a result of inflation, economic weakness and lower disposable income. Therefore, the Company cannot reasonably estimate the future impact at this time. There were no other material impacts to our Consolidated Financial Statements as of and for the year ended December 31, 2022, based on the Company's assessment of its estimates. As additional information becomes available to us, our future assessment of these estimates, including our expectations at the time regarding the duration, scope and severity of the pandemic, as well as other factors, could materially and adversely impact our Consolidated Financial Statements in the future. Use of Estimates — The preparation of these financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions are based on historical experience, future expectations, impact of the COVID-19 pandemic and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and assumptions are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates. Principles of Consolidation — The Consolidated Financial Statements include the accounts of MoneyGram International, Inc. and its subsidiaries. Intercompany profits, transactions and account balances have been eliminated in consolidation. The Company participates in various trust arrangements (special purpose entities or "SPEs") related to official check processing agreements with financial institutions and structured investments within the investment portfolio. As the Company is the primary beneficiary and bears the primary burden of any losses, the SPEs are consolidated in the Consolidated Financial Statements. The assets and obligations of the SPEs are recorded on the Consolidated Balance Sheets in a manner consistent with the assets and obligations of the Company. Presentation — In 2021, the Company changed its presentation to disclose "Gross profit" in the Consolidated Statements of Operations. The presentation of gross profit is intended to supplement investors with an understanding of our operating performance. Gross profit is calculated as total revenue less commissions and direct transaction expenses. These expenses were previously included within "Operating expenses" and are now presented within "Cost of revenue" in the Consolidated Statements of Operations. The change in presentation was applied retrospectively to all years presented in the Consolidated Statements of Operations and it had no effect on Operating income, Net loss or Loss per share. The Consolidated Balance Sheets, Consolidated Statements of Comprehensive Loss, Consolidated Statements of Stockholders' Deficit and Consolidated Statements of Cash Flows are not affected by this change in presentation. Merger Update — On February 14, 2022, we entered into a Merger Agreement by and among the Company, Parent and an affiliate of MDP, and Merger Sub. The Merger Agreement provides that, subject to the terms and conditions set forth in the Merger Agreement, Merger Sub will merge with and into the Company. Following the Merger, the Company will become a subsidiary of Parent. At the effective time of the Merger, each outstanding share of common stock will be automatically canceled and converted into the right to receive $11.00 in cash. On May 23, 2022, the Company held a virtual-only special meeting of stockholders related to the Merger Agreement and stockholders approved and adopted the Merger Agreement. To date, money transmission regulators in all applicable U.S. states and territories have provided their approval or non-objection of the transaction. In addition, the parties have obtained all but one approval from international money transmission regulators and have received approval from the Financial Conduct Authority ("FCA") in the United Kingdom and the National Bank of Belgium where MoneyGram holds its European license. While, the waiting period under the Hart-Scott-Rodino ("HSR") Antitrust Improvements Act of 1976 had previously expired, the parties recently refiled the application as the existing approval was set to expire. The new HSR waiting period is set to expire on March 13, 2023. The final regulatory approval is to be issued by the Reserve Bank of India (“RBI”). The RBI is the issuer of MoneyGram’s Money Transfer Service Scheme ("MTSS") license in India. Since the Company and MDP signed the Merger Agreement, the RBI issued a new Circular covering approval requirements related to Payment System Operators ("PSO") such as the Company. The Merger will be one of the first PSOs undergoing a sale since the Circular was issued. As a result, the process has been taking longer than originally anticipated. MoneyGram has been in active dialogue with the RBI and the Central Government of India regarding its review of the Merger. Prior to closing, the parties will engage in a financing marketing period which, pursuant to the merger agreement, may last for as long as fifteen consecutive business days. Closing would occur within a matter of days after completing the marketing period. The parties have agreed to extend the end date beyond February 14, 2023, in accordance with the Merger Agreement, to May 14, 2023. In light of the timing and factors discussed above, the parties now expect to close the Merger either late in the first quarter or early in the second quarter of 2023.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Cash and cash equivalents — The Company defines cash and cash equivalents and settlement cash and cash equivalents as cash on hand and all highly liquid debt instruments with original maturities of three months or less at the purchase date. Settlement assets and payment service obligations — The Company records payment service obligations relating to amounts payable under money transfers, money orders and consumer payment service arrangements. These obligations are recognized by the Company at the time the underlying transaction occurs. The Company records corresponding settlement assets, which represent funds received or to be received for unsettled money transfers, money orders and consumer payments. Settlement assets consist of settlement cash and cash equivalents, receivables and investments. Payment service obligations primarily consist of outstanding payment instruments; amounts owed to financial institutions for funds paid to the Company to cover clearings of official check payment instruments, remittances and clearing adjustments; amounts owed to agents for funds paid to consumers on behalf of the Company; commissions owed to financial institution customers and agents for instruments sold; amounts owed to investment brokers for purchased securities and unclaimed instruments owed to various states. Receivables, net (included in settlement assets) — The Company has receivables due from financial institutions and agents for payment instruments sold and amounts advanced by the Company to certain agents for operational and local regulatory purposes. These receivables are outstanding from the day of the sale of the payment instrument until the financial institution or agent remits the funds to the Company. The Company provides an allowance for the portion of the receivable estimated to become uncollectible based on its history of collection experience, known collection issues, such as agent suspensions and bankruptcies, consumer credit card chargebacks and insufficient funds and other matters the Company identifies in its routine collection monitoring. Receivables are generally considered past due one day after the contractual remittance schedule, which is typically one day to three days after the sale of the underlying payment instrument. Receivables are generally written off against the allowance one year after becoming past due. The following summary details the activity within the allowance for credit losses for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 6.7 $ 9.5 $ 4.6 Provision 13.3 11.1 14.3 Write-offs, net of recoveries (13.9) (13.9) (9.4) Ending balance $ 6.1 $ 6.7 $ 9.5 Investments (included in settlement assets) — The Company classifies securities as available-for-sale. The Company has no securities classified as trading or held-to-maturity. Time deposits and certificates of deposits with original maturities of up to 24 months are classified as interest-bearing investments and recorded at amortized cost. Securities held for indefinite periods of time, including any securities that may be sold to assist in the clearing of payment service obligations or in the management of the investment portfolio, are classified as available-for-sale securities. These securities are recorded at fair value, with the net after-tax unrealized gain or loss recorded within "Accumulated other comprehensive loss" in the stockholders' deficit section of the Consolidated Balance Sheets. Realized gains and losses and other-than-temporary impairments are recorded in the Consolidated Statements of Operations under "Total other expenses." Interest income on residential mortgage-backed securities for which risk of credit loss is deemed remote is recorded utilizing the level yield method. Changes in estimated cash flows, both positive and negative, are accounted for with retrospective changes to the carrying value of investments in order to maintain a level yield over the life of the investment. Interest income on residential mortgage-backed securities for which risk of credit loss is not deemed remote is recorded under the prospective method as adjustments of yield. Additionally, the Company applies the cost recovery method of accounting for interest to some of the investments within the available-for-sale portfolio as it believes it is probable that it will not recover all, or substantially all, of its principal investment and interest for its asset-backed and other securities given the sustained deterioration in the investment and securities market, the collapse of many asset-backed securities and the low levels to which the securities have been written down. The Company evaluates all residential mortgage-backed and other asset-backed investments for impairment based on management's evaluation of the underlying reasons for the decline in fair value on an individual security basis. When an adverse change in expected cash flows occurs, and if the fair value of a security is less than its carrying value, the investment is written down to fair value through a permanent reduction to its amortized cost in the period the impairment occurs. Securities gains and losses are recognized upon the sale, call or maturity of securities using the specific identification method to determine the cost basis of securities sold. Fair Value of Financial Instruments — Financial instruments consist of cash and cash equivalents, settlement cash and cash equivalents, investments, derivatives, payment service obligations and debt. The carrying values of cash and cash equivalents, settlement cash and cash equivalents, interest-bearing investments and payment service obligations approximate fair value. The carrying value of debt is stated at amortized cost; however, for disclosure purposes the fair value is estimated. See No te 4 — Fair Value Measurement for information regarding the principles and processes used to estimate the fair value of financial instruments. Derivative Financial Instruments — The Company recognizes derivative financial instruments on the Consolidated Balance Sheets at fair value. The accounting for changes in the fair value is recognized through "Transaction and operations support" in the Consolidated Statements of Operations in the period of change. See Not e 6 — Derivative Financial Instruments for additional disclosure. Property and Equipment — Property and equipment includes computer hardware, computer software, signage, equipment at agent locations, office furniture and equipment and leasehold improvements and is stated at cost net of accumulated depreciation and amortization. Property and equipment is depreciated and amortized using a straight-line method over the useful life or term of the lease or license. The cost and related accumulated depreciation and amortization of assets sold or disposed of are removed from the financial statements, with the resulting gain or loss, if any, recognized within "Occupancy, equipment and supplies" in the Consolidated Statements of Operations. See Note 7 — Property and Equipment for additional disclosure. The following table summarizes the e stimated useful lives by major asset category: Type of Asset Useful Life Computer hardware 3 years Computer software 5 - 7 years Signage 3 years Equipment at agent locations 3 - 7 years Office furniture and equipment 7 years Leasehold improvements 10 years Tenant allowances for leasehold improvements are capitalized as leasehold improvements upon completion of the improvement and amortized over the shorter of the remaining term of the lease or 10 years. Computer software includes acquired and internally developed software. Property and equipment are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable by comparing the carrying value of the assets to the estimated future undiscounted cash flows to be generated by the asset. If an impairment is determined to exist for property and equipment, the carrying value of the asset is reduced to the estimated fair value. Goodwill and Intangible Assets — Goodwill represents the excess of the purchase price over the fair value of net assets acquired in business combinations and is assigned to the reporting unit in which the acquired business will operate. Intangible assets are recorded at their estimated fair value at the date of acquisition. In the year following the period in which identified intangible assets become fully amortized, the fully amortized balances are removed from the gross asset and accumulated amortization amounts. Intangible assets with indefinite lives are not amortized. Intangible assets that are not amortized are evaluated for impairment on a quarterly basis. As of December 31, 2022 and 2021, the Company had no indefinite-lived intangible assets. Intangible assets with finite lives are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable by comparing the carrying value of the assets to the estimated future undiscounted cash flows to be generated by the asset. If an impairment is determined to exist for intangible assets, the carrying value of the asset is reduced to the estimated fair value. Intangible assets with finite lives are amortized using a straight-line method over their respective useful lives as follows: Type of Intangible Asset Useful Life Contractual and customer relationships 3 - 15 years Non-compete agreements 3 - 5 years Developed technology 5 - 7 years Goodwill is not amortized but is instead subject to impairment testing. The Company evaluates its goodwill for impairment annually as of October 1 of each year or more frequently if impairment indicators arise in accordance with Accounting Standards Codification ("ASC") Topic 350, Intangibles - Goodwill and Other. When testing goodwill for impairment, the Company may elect to perform either a qualitative test or a quantitative test to determine if it is more likely than not that the carrying value of a reporting unit exceeds its estimated fair value. During a qualitative analysis, the Company considers the impact of any changes to the following factors: macroeconomic, industry and market factors, cost factors and changes in overall financial performance, as well as any other relevant events and uncertainties impacting a reporting unit. If the qualitative assessment does not conclude that it is more likely than not that the estimated fair value of the reporting unit is greater than the carrying value, the Company performs a quantitative analysis. In a quantitative test, the carrying value of the reporting unit is compared to its estimated fair value. If the fair value of a reporting unit exceeds its carrying amount, there is no impairment. If not, to the extent the carrying amount of the reporting unit exceeds its fair value, an impairment charge of the reporting unit's goodwill would be recognized; however, the loss recognized would not exceed the total amount of goodwill allocated to that reporting unit. Payments on Long-Term Contracts — The Company makes payments to certain agents and financial institution customers as an incentive to enter into long-term contracts. The payments, or signing bonuses, are generally required to be refunded pro rata in the event of nonperformance under, or cancellation of, the contract by the customer. Signing bonuses are viewed as prepaid commissions expense and are, therefore, capitalized and amortized over the life of the related contract. Amortization of signing bonuses on long-term contracts is recorded within "Fee and other commissions expense" in the Consolidated Statements of Operations. The carrying values of the signing bonuses are reviewed whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. Income Taxes — The provision for income taxes is computed based on the pre-tax income (loss) included in the Consolidated Statements of Operations. Deferred tax assets and liabilities are recorded based on the future tax consequences attributable to temporary differences that exist between the financial statement carrying value of assets and liabilities and their respective tax basis and operating loss and tax credit carry-forwards on a taxing jurisdiction basis. The Company measures deferred tax assets and liabilities using enacted statutory tax rates that will apply in the years in which the Company expects the temporary differences to be recovered or paid. The Company's ability to realize deferred tax assets depends on the ability to generate sufficient taxable income within the carry-back or carry-forward periods provided for in the tax law. The Company establishes valuation allowances for its deferred tax assets based on a more-likely-than-not threshold. To the extent management believes that recovery is not likely, a valuation allowance is established in the period in which the determination is made. The liability for unrecognized tax benefits is recorded as a non-cash item within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. The Company records interest and penalties for unrecognized tax benefits within "Income tax (benefit) expense" in the Consolidated Statements of Operations. See Note 1 3 — Income Taxes for additional disclosure. Treasury Stock — Repurchased common stock is stated at cost and is presented as a separate component of stockholders' deficit. See Note 1 1 — Stockholders' Deficit for additional disclosure. Non-U.S. Dollar Translation — The Company converts assets and liabilities of foreign operations to their U.S. dollar equivalents at rates in effect at the balance sheet dates and records the translation adjustments within "Accumulated other comprehensive loss" on the Consolidated Balance Sheets. Income statements of foreign operations are translated from the operation's functional currency to U.S. dollar equivalents at the average exchange rate for the month. Non-U.S. dollar exchange transaction gains and losses are reported within "Transaction and operations support" in the Consolidated Statements of Operations. Revenue Recognition — The Company earns revenues from consideration specified in contracts with customers and recognizes revenue when it satisfies its performance obligations by transferring control over its services and products to customers. Revenue is recognized net of any taxes collected from customers that are subsequently remitted to governmental authorities. The following is a description of the principal activities, separated by reporting segments, from which the Company generates revenues. For more information about the Company's reporting segments, see Note 1 6 — Segment Information For tabular revenue disclosures see No t e 1 7 — Revenue Recognition GFT Segment: Money transfer fee revenue — The Company earns money transfer revenues primarily from consumer transaction fees and the management of currency exchange spreads on money transfer transactions involving different "send" and "receive" currencies. Fees are collected from consumers at the time of transaction. In a cash-to-cash money transfer transaction, both the agent initiating the transaction and the receiving agent earn a commission that is generally a fixed fee or is based on a percentage of the fee charged to the consumer. When a money transfer transaction is initiated at a MoneyGram-owned store or via our online platform, typically only the receiving agent earns a commission. Each money transfer is considered a separate agreement between the Company and the consumer and includes only one performance obligation that is satisfied at a point in time, which is when the funds are made available for pick up. Money transfer funds are typically available for pick up within 24 hours of being sent. The consumer is in control of the service, as the consumer picks the "send" and "receive" locations as well as the transaction currency. Normally, the Company provides fee refunds to consumers only if the transaction is canceled within 30 minutes of initiating the transfer and the transfer amount has not been picked up by the Receiver. As such, fee refunds are accounted for within the same period as the origination of the transaction and no liability for the amount of expected returns is recorded on the Consolidated Balance Sheets. The Company recognizes revenues on a gross basis for money transfer services as the Company is considered the principal in these transactions. Under our loyalty programs for money transfer services, consumers earn rewards based on transaction frequency. In 2018, the Company introduced the MoneyGram Plus Rewards program, which allows members to earn discounts on future transactions. The MoneyGram Plus Rewards program activity for the years ended December 31, 2022 and 2021 was insignificant to the Company's results of operations. Bill payment services fee revenue — Bill payment revenues are earned primarily from fees charged to consumers for each transaction completed. Our primary bill payment service offering is our ExpressPayment service, which we offer at substantially all of our money transfer agent locations, at certain agent locations in select Caribbean and European countries and through our digital solutions. Through our bill payment services, consumers can complete urgent bill payments, pay routine bills, or load and reload prepaid debit cards with cash at an agent location or with a credit or debit card. We offer consumers same-day and two or three-day payment service options; the service option is dependent upon our agreement with the biller. Each bill payment service is considered a separate agreement with the consumer and includes only one performance obligation that is satisfied at a point in time, when the funds are transferred to the designated institution, which is generally within the same day. The consumer is in control of the service, as the consumer picks out the "send" location and time. MoneyGram does not offer refunds for bill payment services and revenue is recognized on a gross basis as the Company is considered the principal in these transactions. Other revenue — Includes breakage income, fees from royalties, contract terminations, insufficient funds and other one-time charges. The Company recognizes breakage revenue for unclaimed money transfers when the likelihood of consumer pick-up becomes remote based on historical experience and there is no requirement for remitting balances to government agencies. FPP Segment: Money order fee revenue — Consumers use our money orders to make payments in lieu of cash or personal checks. We generate revenue from money orders by charging per item and other fees, as well as from the investment of funds underlying outstanding money orders. The Company contracts with agents and/or financial institutions for this product and associated services. We sell money orders under the MoneyGram brand and on a private label or on a co-branded basis with certain agents and financial institutions in the U.S. The Company recognizes revenue when an agent sells a money order because the funds are immediately made available to the consumer. As such, each sale of a money order and related service is considered a separate performance obligation that is satisfied at a point in time. Official check outsourcing services fee revenue — Official checks are used by consumers where a payee requires a check drawn on a bank. Financial institutions also use official checks to pay their own obligations. Like money orders, the Company generates revenue from official check outsourcing services through U.S. banks and credit unions by charging per item and other fees, as well as from the investment of funds underlying outstanding official checks. The Company's consumer for official checks is considered the financial institution. The official checks services and products are considered a bundle of services and products that are provided to the financial institution on an ongoing basis. As such, revenue from these services is recognized on a monthly basis. Revenue corresponds directly with the value of MoneyGram's services and/or products completed to date and for which the Company has a right to invoice. Monthly revenue may vary based on the number of official checks issued and other ancillary services provided to the financial institution. Other revenue — Includes fees from money order service revenue, proof adjustments, early contract terminations, money order photo and replacement fees and other one-time charges. The Company recognizes service revenue from money orders that have not been redeemed within a one-year period from issuance. Proof adjustment fees are generally unresolved and not recouped as they pertain to immaterial bank variances. The Company recognizes as revenue the net proof adjustments amount on a monthly basis. Investment Revenue — Investment revenue, which is not within the scope of ASC Topic 606 per ASC 606-10-15-2, is earned from the investment of funds generated from the sale of payment instruments, primarily official checks and money orders and consists of interest income, dividend income, income received on our cost recovery securities and amortization of premiums and discounts. Investment revenue varies depending on the level of investment balances and the yield on our investments. Commissions and Other Fee Expense — The Company incurs fee commissions primarily related to our GFT services. In a money transfer transaction, both the agent initiating the transaction and the receiving agent earn a commission that is generally either a fixed fee or is based on a percentage of the fee charged to the consumer. The agent initiating the transaction and the receiving agent also earn non-U.S. dollar exchange commissions, which are generally based on a percentage of the non-U.S. dollar exchange spread. In a bill payment transaction, the agent initiating the transaction receives a commission that is generally based on a percentage of the fee charged to the consumer and, in limited circumstances, the biller receives a commission that is based on a percentage of the fee charged to the consumer. The Company generally does not pay commissions to agents on the sale of money orders, except, in certain limited circumstances, for large agents where we may pay a fixed commission based on total money order transactions. Investment Commissions Expense — Investment commissions expense consists of amounts paid to financial institution customers based on short-term interest rate indices times the average outstanding cash balances of official checks sold by the financial institution. Investment commissions are recognized each month based on the average outstanding balances of each financial institution customer and their contractual variable rate for that month. Direct Transaction Expense — Direct transaction expense includes expenses related to the processing of money transfers, such as customer authentication and funding costs. Marketing and Advertising Expense — Marketing and advertising costs are expensed as incurred or at the time the advertising first takes place and are recorded in the "Transaction and operations support" line in the Consolidated Statements of Operations. Marketing and advertising expense was $39.4 million, $27.7 million and $16.2 million for 2022, 2021 and 2020, respectively. Stock-Based Compensation — Stock-based compensation awards are measured at fair value at the date of grant and expensed using the straight-line method over their vesting or service periods. For grants to employees, expense, net of estimated forfeitures, is recognized in the "Compensation and benefits" line and expense for grants to non-employee directors is recorded in the "Transaction and operations support" line in the Consolidated Statements of Operations. The Company accounts for modifications to its share-based payment awards in accordance with the provisions of ASC Topic 718, Compensation - Stock Compensation. Incremental compensation cost is measured as the excess, if any, of the fair value of the modified award over the fair value of the original award immediately before its terms are modified, measured based on the share price and other pertinent factors at that date and is recognized as compensation cost on the date of modification (for vested awards) or over the remaining vesting or service period (for unvested awards). Any unrecognized compensation cost remaining from the original award is recognized over the vesting period of the modified award. See Note 1 2 — Stock-Based Compensation for additional disclosure of the Company's stock-based compensation. Earnings Per Share — For all periods in which they are outstanding, the Series D Participating Convertible Preferred Stock (the "D Stock") and the warrants issued by the Company in connection with the entry into the Second Lien Credit Agreement ("Second Lien Warrants") are included in the weighted-average number of common shares outstanding utilized to calculate basic earnings per common share because the D Stock is deemed a common stock equivalent and the Second Lien Warrants are considered outstanding common shares. Recently Adopted Accounting Standards — In May 2021, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2021-04, Earnings Per Share (Topic 260), Debt—Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (a consensus of the FASB Emerging Issues Task Force) . The ASU clarifies and reduces diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options, warrants for instance, that remain equity classified after modification or exchange. The ASU provides guidance that will clarify whether an issuer should account for a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange as (1) an adjustment to equity and, if so, the related earnings per share effects, if any, or (2) an expense and, if so, the manner and pattern of recognition. The new guidance is effective for annual and interim periods beginning after December 15, 2021, and early adoption is permitted, including adoption in an interim period. The adoption of ASU 2021-04 did not have a material impact on our Consolidated Financial Statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments in this ASU provide, if certain criteria are met, optional expedients and exceptions for applying the U.S. GAAP requirements for contract modifications, hedging relationships and sales or transfers of debt securities that reference the London Interbank Offered Rate ("LIBOR") or another reference rate expected to be discontinued because of reference rate reform through December 31, 2022. The adoption of this ASU is optional and the election can be made anytime during the effective period. The amendments in this ASU are effective as of March 12, 2020 through December 31, 2022. The adoption of ASU 2020-04 did not have a material impact on our Consolidated Financial Statements. Recently Issued Accounting Standards and Related Developments Not Yet Adopted — In August 2020, the FASB issued ASU 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity . This ASU changes how entities account for convertible instruments and contracts in an entity's own equity and simplifies the accounting for convertible instruments by removing certain separation models for convertible instruments. This ASU also modifies the guidance on diluted earnings per share calculations. The amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. We do not believe the adoption of ASU 2020-06 will have a material impact on our Consolidated Financial Statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The new credit impairment standard changes the impairment model for most financial assets and certain other instruments. For trade and other receivables, held-to-maturity debt securities, loans and other instruments, entities will be required to use a new forward-looking expected loss model that generally will result in the earlier recognition of allowances for credit losses. For available-for-sale debt securities with unrealized losses, entities will measure credit losses in a manner similar to what they do today, except that the losses will be recognized as allowances rather than as reductions in the amortized cost of the securities. To further assist with adoption and implementation of ASU 2016-13, the FASB issued the following ASUs: • ASU 2018-19 (Issued November 2018) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses • ASU 2019-04 (Issued April 2019) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments • ASU 2019-05 (Issued May 2019) — Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief • ASU 2019-10 (Issued November 2019) — Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates • ASU 2019-11 (Issued November 2019) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses • ASU 2020-02 (Issued February 2020) — Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842) (SEC Update) • ASU 2020-03 (Issued March 2020) — Codification Improvements to Financial Instruments • ASU 2022-02 (Issued March 2022) — Financial Instruments - Credit Losses (Topic 326): Trouble Debt Restructurings and Vintage Disclosures

Settlement Assets and Payment S

Settlement Assets and Payment Service Obligations	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure	The Company's primary licensed entities are MoneyGram Payment Systems, Inc. ("MPSI"), MoneyGram International SA and MoneyGram International Limited, which enable us to offer our money transfer service in the European Economic Area as well as around the globe. MPSI is regulated by various U.S. state agencies that generally require the Company to maintain a pool of assets with an investment rating bearing one of the three highest grades as defined by a nationally recognized rating agency ("permissible investments") in an amount equal to the payment service obligations, as defined by each state, for those regulated payment instruments, namely teller checks, agent checks, money orders and money transfers. The regulatory payment service assets measure varies by state but in all cases excludes investments rated below A-. The most restrictive states may also exclude assets held at banks that do not belong to a national insurance program, varying amounts of accounts receivable balances and/or assets held in the SPE. The regulatory payment service obligations measure varies by state but in all cases is substantially lower than the Company's payment service obligations as disclosed on the Consolidated Balance Sheets as the Company is not regulated by state agencies for payment service obligations primarily resulting from outstanding cashier's checks. We are also subject to licensing or other regulatory requirements in various other jurisdictions. Licensing requirements may include minimum net worth, provision of surety bonds or letters of credit, compliance with operational procedures, agent oversight and the maintenance of settlement assets in an amount equivalent to outstanding payment service obligations, as defined by our various regulators. The regulatory and contractual requirements do not require the Company to specify individual assets held to meet its payment service obligations, nor is the Company required to deposit specific assets into a trust, escrow or other special account. Rather, the Company must maintain a pool of liquid assets sufficient to comply with the requirements. No third-party places limitations, legal or otherwise, on the Company regarding the use of its individual liquid assets. The Company is able to withdraw, deposit or sell its individual liquid assets at will, with no prior notice or penalty, provided the Company maintains a total pool of liquid assets sufficient to meet the regulatory and contractual requirements. Regulatory requirements also require MPSI to maintain positive net worth, with certain states requiring that MPSI maintain positive tangible net worth. The Company was in compliance with its contractual and financial regulatory requirements as of December 31, 2022. The following table summarizes the amount of settlement assets and payment service obligations as of December 31: (Amounts in millions) 2022 2021 Settlement assets: Settlement cash and cash equivalents $ 1,499.1 $ 1,895.7 Receivables, net 1,107.0 700.4 Interest-bearing investments 998.1 992.3 Available-for-sale investments 3.0 3.0 $ 3,607.2 $ 3,591.4 Payment service obligations $ (3,607.2) $ (3,591.4)

Fair Value Measurement

Fair Value Measurement	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring	Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability, or the exit price, in an orderly transaction between market participants on the measurement date. A three-level hierarchy is used for fair value measurements based upon the observability of the inputs to the valuation of an asset or liability as of the measurement date. Under the hierarchy, the highest priority is given to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1), followed by observable inputs (Level 2) and unobservable inputs (Level 3). A financial instrument's level within the hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following is a description of the Company's valuation methodologies used to estimate the fair value for assets and liabilities: Assets and liabilities that are measured at fair value on a recurring basis: • Available-for-sale investments — For residential mortgage-backed securities issued by U.S. government agencies, fair value measures are obtained from an independent pricing service. As market quotes are generally not readily available or accessible for these specific securities, the pricing service measures fair value through the use of pricing models utilizing reported market quotes adjusted for observable inputs, such as market prices for comparable securities, spreads, prepayment speeds, yield curves and delinquency rates. Accordingly, these securities are classified as Level 2 financial instruments. For asset-backed and other securities, which include investments in limited partnerships, market quotes are generally not available. The Company utilizes broker quotes to measure market value, if available. Because the inputs and assumptions that brokers use to develop prices are unobservable, valuations that are based on brokers' quotes are classified as Level 3. Also, the Company uses pricing services that utilize pricing models based on market observable and unobservable data. The observable inputs include quotes for comparable securities, yield curves, default indices, interest rates, historical prepayment speeds and delinquency rates. These pricing models also apply an inactive market adjustment as a significant unobservable input. Accordingly, asset-backed and other securities valued using third-party pricing models are classified as Level 3. • Derivative financial instruments — Derivatives consist of forward contracts to manage income statement exposure to non-U.S. dollar exchange risk arising from the Company's assets and liabilities denominated in non-U.S. dollar currencies. The Company's forward contracts are well-established products, allowing the use of standardized models with market-based inputs. These models do not contain a high level of subjectivity, and the inputs are readily observable. Accordingly, the Company has classified its forward contracts as Level 2 financial instruments. See Note 6 — Derivative Financial Instruments for additional disclosure on the Company's forward contracts. There were no transfers between Level 1 and Level 2, or transfers into or out of level 3 of the fair value hierarchy. The following table summarizes the Company's financial assets and liabilities measured at fair value by hierarchy level on a recurring basis: (Amounts in millions) Level 2 Level 3 Total December 31, 2022 Financial assets: Available-for-sale investments: Residential mortgage-backed securities $ 1.5 $ — $ 1.5 Asset-backed and other securities — 1.5 1.5 Forward contracts 5.2 — 5.2 Total financial assets $ 6.7 $ 1.5 $ 8.2 Financial liabilities: Forward contracts $ 3.3 $ — $ 3.3 December 31, 2021 Financial assets: Available-for-sale investments: Residential mortgage-backed securities $ 2.3 $ — $ 2.3 Asset-backed and other securities — 0.7 0.7 Forward contracts 0.1 — 0.1 Total financial assets $ 2.4 $ 0.7 $ 3.1 Financial liabilities: Forward contracts $ 0.2 $ — $ 0.2 The following table provides a roll-forward of the asset-backed and other securities classified as Level 3, which are measured at fair value on a recurring basis for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 0.7 $ 0.5 $ 0.9 Change in unrealized gains (losses) 0.8 0.2 (0.4) Ending balance $ 1.5 $ 0.7 $ 0.5 Assets and liabilities that are disclosed at fair value — Debt and interest-bearing investments are carried at amortized cost; however, the Company estimates the fair value of debt for disclosure purposes. The fair values of the Term Loan, Senior Secured Notes and First Lien Credit Facility are estimated using an observable market quotation (Level 2). The fair value of the second lien credit facility is estimated using unobservable market inputs (Level 3), including broker quotes for comparable traded securities and yield curves. The following table provides the carrying value and fair value for the credit facilities and the senior secured notes as of December 31: (Amounts in millions) 2022 2021 Carrying value Fair value Carrying value Fair value Term Loan $ 380.0 $ 378.6 $ 384.0 $ 383.5 Senior Secured Notes $ 415.0 $ 420.2 $ 415.0 $ 421.2 The carrying amounts for the Company's cash and cash equivalents, settlement cash and cash equivalents, receivables, interest-bearing investments and payment service obligations approximate fair value as of December 31, 2022 and 2021. The Company records the investments in its Pension Plan trust at fair value. The majority of the Pension Plan's investments is common/collective trusts held by the Pension Plan's trustee. The fair values of the Pension Plan's investments are determined based on the current market values of the underlying assets. See Note 1 0 — Pension and Other Benefits for additional disclosure of investments held by the Pension Plan. Assets and liabilities measured at fair value on a non-recurring basis — Assets and liabilities that are measured at fair value on a non-recurring basis relate primarily to the Company's property and equipment, goodwill and other intangible assets, which are remeasured only in the event of an impairm ent. Fair value remeasurements are normally based on significant unobservable inputs (Level 3). Tangible and intangible asset fair values are derived using accepted valuation methodologies. If it is determined an impairment has occurred, the carrying value of the asset is reduced to fair value with a corresponding charge to "Other expenses" in the Consolidated Statements of Operations.

Investment Portfolio

Investment Portfolio	12 Months Ended
	Dec. 31, 2022
Investments [Abstract]
Investment Portfolio	The Company's portfolio is invested in cash and cash equivalents, interest-bearing investments and available-for-sale investments as described in Note 2 — Summary of Significant Accounting Policies . The following table shows the components of the investment portfolio as of December 31: (Amounts in millions) 2022 2021 Cash and cash equivalents and settlement cash and cash equivalents $ 1,671.2 $ 2,050.9 Interest-bearing investments 998.1 992.3 Available-for-sale investments 3.0 3.0 Total investment portfolio $ 2,672.3 $ 3,046.2 Cash and Cash Equivalents and settlement cash and cash equivalents — Cash and cash equivalents and settlement cash and cash equivalents consist of interest-bearing deposit accounts, non-interest-bearing transaction accounts and money market securities. The Company's money market securities are invested in one fund, which is AAA rated and consists of U.S. Treasury bills, notes or other obligations issued or guaranteed by the U.S. government and its agencies, as well as repurchase agreements secured by such instruments. Interest-bearing Investments — Interest-bearing investments consist of time deposits and certificates of deposit with maturities of up to 24 months and are issued from financial institutions rated A- or better as of December 31, 2022. Available-for-sale Investments — Available-for-sale investments consist of residential mortgage-backed securities and asset-backed and other securities. The following table is a summary of the amortized cost and fair value of available-for-sale investments: (Amounts in millions) Amortized Gross Gross Fair December 31, 2022 Residential mortgage-backed securities $ 1.5 $ — $ — $ 1.5 Asset-backed and other securities — 1.5 — 1.5 Total $ 1.5 $ 1.5 $ — $ 3.0 December 31, 2021 Residential mortgage-backed securities $ 2.1 $ 0.2 $ — $ 2.3 Asset-backed and other securities — 0.7 — 0.7 Total $ 2.1 $ 0.9 $ — $ 3.0 As of December 31, 2022 and 2021, 50% and 77%, respectively, of the fair value of the available-for-sale portfolio were invested in residential mortgage-backed securities issued by U.S. government agencies. These securities have the implicit backing of the U.S. government and the Company expects to receive full par value upon maturity or pay-down, as well as all interest payments. Gains and Losses — For the years ended December 31, 2022, 2021 and 2020, the Company had no realized gains and losses. Investment Ratings — In rating the securities in its investment portfolio, the Company uses ratings from Moody's Investor Service ("Moody's"), Standard & Poor's ("S&P") and Fitch Ratings ("Fitch"). If the rating agencies have split ratings, the Company uses the lower of the highest two out of three ratings across the rating agencies for disclosure purposes. If the institution has only two ratings, the Company uses the lower of the two ratings for disclosure purposes. Securities issued or backed by U.S. government agencies are included in the AAA rating category. Investment grade is defined as a security having a Moody's equivalent rating of Aaa, Aa, A or Baa or an S&P or Fitch equivalent rating of AAA, AA, A or BBB. The Company's investments consisted of the following ratings as of December 31: 2022 2021 (Dollar amounts in millions) Number of Fair Percent of Number of Fair Percent of Investment grade 9 $ 1.5 50 % 9 $ 2.3 78 % Below investment grade 33 1.5 50 % 33 0.7 22 % Total 42 $ 3.0 100 % 42 $ 3.0 100 % Had the Company used the lowest rating from the rating agencies in the information presented above, there would be no change to the classifications as of December 31, 2022 and 2021. Contractual Maturities — Actual maturities may differ from contractual maturities as borrowers may have the right to call or prepay obligations, sometimes without call or prepayment penalties. Maturities of residential mortgage-backed and asset-backed and other securities depend on the repayment characteristics and experience of the underlying obligations.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Derivative Financial Instruments	The Company uses forward contracts to manage its non-U.S. dollar needs and non-U.S. dollar exchange risk arising from its assets and liabilities denominated in non-U.S. dollars. While these contracts may mitigate certain non-U.S. dollar risk, they are not designated as hedges for accounting purposes and will result in gains and losses in the Consolidated Statements of Operations. The Company also reports gains and losses from the spread differential between the rate set for its transactions and the actual cost of currency at the time the Company buys or sells in the open market. The following net gains (losses) related to assets and liabilities denominated in non-U.S. dollar are included in "Transaction and operations support" in the Consolidated Statements of Operations and in the "Net cash provided by operating activities" line in the Consolidated Statements of Cash Flows: (Amounts in millions) 2022 2021 2020 Net realized non-U.S. dollar (loss) gain $ (38.2) $ (20.4) $ 26.6 Net gain (loss) from the related forward contracts 39.8 18.4 (11.9) Net gain (loss) from the related forward contracts $ 1.6 $ (2.0) $ 14.7 As of December 31, 2022 and 2021, the Company had $816.0 million and $698.7 million, respectively, of outstanding notional amounts relating to its non-U.S. dollar forward contracts. As of December 31, 2022 and 2021, the Company reflects the following fair values of derivative forward contract instruments in its Consolidated Balance Sheets on a net basis, allowing for the right of offset by counterparty and cash collateral: (Amounts in millions) Gross Amount of Recognized Assets Gross Amount of Offset Cash Collateral Posted Net Amount of Assets Presented on the Consolidated Balance Sheets Balance Sheet Location 2022 2021 2022 2021 2022 2021 2022 2021 "Other assets" $ 1.8 $ 0.4 $ (1.6) $ (0.3) $ 5.0 $ — $ 5.2 $ 0.1 (Amounts in millions) Gross Amount of Recognized Liabilities Gross Amount of Offset Cash Collateral Received Net Amount of Liabilities Presented on the Consolidated Balance Sheets Balance Sheet Location 2022 2021 2022 2021 2022 2021 2022 2021 "Accounts payable and other liabilities" $ 4.9 $ 0.6 $ (1.6) $ (0.4) $ — $ — $ 3.3 $ 0.2 The Company's forward contracts are primarily executed with counterparties governed by International Swaps and Derivatives Association agreements that generally include standard netting arrangements. Asset and liability positions from forward contracts and all other non-U.S. dollar exchange transactions with the same counterparty are net settled upon maturity. In addition, the Company nets derivative liabilities against any receivables for cash collateral placed with the same counterparties. The Company is exposed to credit loss in the event of non-performance by counterparties to its derivative contracts. The Company actively monitors its exposure to credit risk through the use of credit approvals and credit limits and by selecting major international banks and financial institutions as counterparties. Collateral generally is not required of the counterparties, however, it is required of the Company in some contracts. In the unlikely event the counterparty fails to meet the contractual terms of the derivative contract, the Company's risk is limited to the fair value of the instrument. The Company has not had any historical instances of non-performance by any counterparties, nor does it anticipate any future instances of non-performance.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	The following table is a summary of "Property and equipment, net" as of December 31: (Amounts in millions) 2022 2021 Computer hardware and software $ 476.2 $ 529.9 Signage 41.6 50.6 Equipment at agent locations 47.9 50.2 Office furniture and equipment 11.6 19.5 Leasehold improvements 21.1 22.1 Total property and equipment 598.4 672.3 Accumulated depreciation and amortization (463.9) (538.4) Total property and equipment, net $ 134.5 $ 133.9 Depreciation and amortization expense for property and equipment for 2022, 2021 and 2020 was $51.3 million, $56.4 million and $63.9 million, respectively. No impairments of property and equipment were recorded during 2022, 2021 and 2020. At December 31, 2022 and 2021, the Company had $0.3 million and $1.7 million, respectively, in accrued purchases of property and equipment included within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. During 2022, 2021 and 2020 the Company had nominal losses related to disposals of its property and equipment. The loss was recorded within "Occupancy, equipment and supplies" in the Consolidated Statements of Operations. For the years ended December 31, 2022 and 2021, software development costs of $45.2 million and $35.0 million, respectively, were capitalized. At December 31, 2022 and 2021, there were $113.6 million an d $104.3 million, respectively, of unamortized software development costs included in property and equipment. For the years ended December 31, 2022 and 2021, the Company had $5.8 million and $1.0 million, respectively, in net capitalized implementation costs related to hosting arrangements that are service contracts. These costs are recorded within "Other assets" on the Consolidated Balance Sheets and the related amortization is recorded in the same line item in the Consolidated Statements of Operations as other fees associated with the service arrangements.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	Goodwill — The Company's goodwill balance was $442.2 million as of December 31, 2022 and 2021, and all relates to the GFT segment. During the fourth quarter of 2022 and 2021, the Company performed a qualitative assessment of goodwill and a quantitative impairment test during the fourth quarter of 2020. No impairments of goodwill were recorded in 2022, 2021 and 2020. Intangibles — All of the Company's intangible assets are included within "Other assets" on the Consolidated Balance Sheets. The following table is a summary of finite-lived intangible assets as of December 31: 2022 2021 (Amounts in millions) Gross Accumulated Net Gross Accumulated Net Contractual and customer relationships $ 3.5 $ (3.5) $ — $ 4.1 $ (3.7) $ 0.4 Developed technology — — — 0.6 (0.6) — Total finite-intangible assets $ 3.5 $ (3.5) $ — $ 4.7 $ (4.3) $ 0.4

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt	The following is a summary of the Company's outstanding debt as of December 31: (Amounts in millions, except percentages) 2022 2021 8.57% Term Loan due 2026 $ 380.0 $ 384.0 5.375% Senior Secured Notes due 2026 415.0 415.0 Total debt at face value 795.0 799.0 Unamortized debt issuance costs and debt discounts (9.6) (12.3) Total debt, net $ 785.4 $ 786.7 Indenture and New Credit Agreement — On July 21, 2021, the Company entered into a new credit agreement (the "New Credit Agreement") with the lenders from time to time party thereto and Bank of America, N.A., as administrative agent and completed its previously announced private offering of $415.0 million aggregate principal amount of 5.375% senior secured notes due 2026 (the "Senior Secured Notes" or "Notes" and such offering, the "Notes Offering") and related guarantees. The New Credit Agreement provides for (i) a senior secured five-year term loan in an aggregate principal amount of $400.0 million (the "Term Loan") and (ii) a senior secured four-year revolving credit facility that may be used for revolving credit loans, swingline loans and letters of credit (the "Revolving Credit Facility") and together with the Term Loan, the "New Credit Facilities") up to an initial aggregate principal amount of $32.5 million which was increased to $40.0 million in December 2021. The interest rate spread applicable to loans under the Term Loan is 3.50% per annum for base rate loans and 4.50% for LIBOR rate loans. For purposes of the Term Loan, the LIBOR rate is subject to a 0.50% per annum floor and for purposes of the Revolving Credit Facility the LIBOR rate is subject to a 0.0% floor. As of December 31, 2022 and 2021, LIBOR rate was 4.07% and 0.50%, and interest rate was 8.57% and 5.00%, respectively, for the Term Loan. As of December 31, 2022, the Company had no borrowings and no outstanding letters of credit under its Revolving Credit Facility. The New Credit Facilities were secured by substantially all of the Company's assets and its material domestic subsidiaries that guarantee the payment and performance of the Company's obligations under the Credit Facilities. Prepayment — On June 28, 2021, the Company prepaid $100.0 million of principal balance under its Second Lien Credit Agreement utilizing the proceeds under the ATM Program plus cash on hand as defined and further discussed in Note 1 1 — Stockholders' Deficit . On July 21, 2021, the proceeds from the notes offering, together with borrowings under the Term Loan, were used to prepay the full amount of outstanding indebtedness under the Prior Credit Facilities, as defined below and to pay related accrued interest, fees and expenses. Simultaneous with the prepayment, the Prior Credit Facilities were terminated. In the fourth quarter of 2021, the Company prepaid a total of $16.0 million of principal balance under its New Credit Agreement. During the year ended December 31, 2021, the Company recorded a loss on early extinguishment of debt of $44.1 million which included $16.5 million of prepayment call premium and $27.6 million associated with the write-off of debt issuance costs and debt discounts. The Company also paid accrued interest of $7.0 million. Debt Covenants and Other Restrictions — The New Credit Agreement requires the Company and its consolidated subsidiaries to maintain a minimum interest coverage ratio of 2.150:1.000 and to not exceed a total net leverage ratio of 4.750:1.000. The asset coverage covenant contained in the New Credit Agreement requires the aggregate amount of the Company's cash and cash equivalents and other settlement assets to exceed its aggregate payment service obligations. As of December 31, 2022, the Company was in compliance with its financial covenants: our interest coverage ratio was 4.742 to 1.000, our total net leverage ratio was 3.137 to 1.000 and our assets in excess of payment service obligations used for the asset coverage calculation were $172.1 million. We continuously monitor our compliance with our debt covenants. Debt Issuance Costs —For the Term Loan and the Notes, the Company presents debt issuance costs as a direct deduction from the carrying amount of the related indebtedness and amortizes these costs over the term of the related debt liability using the effective interest method. For the Revolving Credit Facility, the Company presents debt issuance costs within "Other assets" on its Consolidated Balance Sheets and amortizes these costs ratably over the term of the Revolving Credit Facility. Amortization of debt issuance costs is recorded within "Interest expense" on the Consolidated Statements of Operations. There were no unamortized costs associated with the Revolving Credit Facility as of December 31, 2022 and 2021. Debt Discount — The Company records debt discount as a deduction from the carrying amount of the related indebtedness on its Consolidated Balance Sheets with the respective debt discount amortization recorded within "Interest expense." Maturities — At December 31, 2022, debt totaling $781.0 million will mature in July 2026, with debt principal totaling $14.0 million will be paid quarterly in increments of $1.0 million through the maturity date. Any borrowings under the Revolving Credit Facility will mature in July 2025.

Pension and Other Benefits

Pension and Other Benefits	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Pension and Other Benefits	Pension Benefits — The Company's Pension Plan is a frozen, non-contributory funded plan under which no new service or compensation credits are accrued by the plan participants. Cash accumulation accounts continue to be credited with interest credits until participants withdraw their money from the Pension Plan. It is the Company's policy to fund at least the minimum required contribution each year plus additional discretionary amounts as available and necessary to minimize expenses of the plan. Supplemental Executive Retirement Plans — The Company has obligations under various legacy SERPs, which are unfunded non-qualified defined benefit pension plans providing postretirement income to their participants. As of December 31, 2022, all benefit accruals under the SERPs are frozen with the exception of one plan for which service is frozen but future pay increases are reflected for active participants. It is the Company's policy to fund the SERPs as benefits are paid. The Company's Pension Plan and SERPs are collectively referred to as our "Pension." Postretirement Benefits Other Than Pensions — The Company has an unfunded defined benefit postretirement plan ("Postretirement Benefits") that provides medical and life insurance for its participants. The Company amended the Postretirement Benefits to close it to new participants as of December 31, 2009. Effective July 1, 2011, the Postretirement Benefits was amended to eliminate eligibility for participants eligible for Medicare coverage. As a result of this plan amendment, the Company no longer receives the Medicare retiree drug subsidy. The Company's funding policy is to make contributions to the Postretirement Benefits as benefits are paid. Actuarial Valuation Assumptions — The measurement date for the Company's Pension and Postretirement Benefits is December 31. The following table is a summary of the weighted-average actuarial assumptions used in calculating net periodic benefit expense (income) and the benefit obligation for the years ended and as of December 31: Pension Plan SERPs Postretirement Benefits 2022 2021 2020 2022 2021 2020 2022 2021 2020 Net periodic benefit expense (income): Discount rate for benefit obligation 2.86 % 2.51 % 3.23 % 2.81 % 2.41 % 3.18 % 2.95 % 2.64 % 3.33 % Discount rate for interest cost 2.33 % 1.86 % 2.83 % 2.16 % 1.62 % 2.70 % 2.22 % 1.74 % 2.77 % Expected return on plan assets 2.76 % 1.80 % 2.07 % — — — — — — Cash balance interest crediting rate 1.92 % 1.36 % 1.73 % — — — — — — Rate of compensation increase — — — 5.75 % 5.75 % 5.75 % — — — Medical trend rate: Pre-65 initial healthcare cost trend rate — — — — — — 6.38 % 6.46 % 6.79 % Post-65 initial healthcare cost trend rate — — — — — — 6.64 % 7.08 % 7.51 % Pre and post-65 ultimate healthcare cost trend rate — — — — — — 4.50 % 4.50 % 4.50 % Year ultimate healthcare cost trend rate is reached for pre/post-65, respectively — — — — — — 2030 2028 2025 Benefit obligation: Discount rate 5.17 % 2.86 % 2.51 % 5.15 % 2.81 % 2.41 % 5.22 % 2.95 % 2.64 % Cash balance interest crediting rate 3.13 % 1.92 % 1.36 % — — — — — — Rate of compensation increase — — — 5.75 % 5.75 % 5.75 % — — — Medical trend rate: Pre-65 initial healthcare cost trend rate — — — — — — 6.87 % 6.38 % 6.46 % Post-65 initial healthcare cost trend rate — — — — — — 7.26 % 6.64 % 7.08 % Pre and post-65 ultimate healthcare cost trend rate — — — — — — 4.50 % 4.50 % 4.50 % Year ultimate healthcare cost trend rate is reached for pre/post-65 — — — — — — 2031 2030 2028 The Company utilizes a building-block approach in determining the long-term expected rate of return on plan assets. The expected return on plan assets is calculated using a calculated value of plan assets that is determined each year by adjusting the previous year's value by expected returns, benefit payments and contributions. Asset gains and losses are reflected as equal adjustments over a three-year period. Historical markets are studied and long-term historical relationships between equity securities and fixed income securities are preserved consistent with the widely accepted capital market principle that assets with higher volatility generate a greater return over the long run. Current market factors, such as inflation and interest rates, are evaluated before long-term capital market assumptions are determined. The long-term portfolio return also takes proper consideration of diversification and rebalancing. Peer data and historical returns are reviewed for reasonableness and appropriateness. Actuarial gains and losses are amortized using the Corridor approach, by amortizing the balance exceeding 10% of the greater of the benefit obligation or the fair value of plan assets. The amortization period is primarily based on the average remaining expected life of plan participants for the Pension and the average remaining expected life of plan participants for the Postretirement Benefits. The Company estimated the interest cost components utilizing a full yield curve approach in the estimation of these components by applying the specific spot rates along the yield curve used in the determination of the benefit obligation to their underlying projected cash flows. Pension Assets — The Company employs a liability-driven investment approach whereby a mix of equity and fixed income securities are used to maximize the long-term return of plan assets for a prudent level of risk. Risk tolerance is established through careful consideration of plan liabilities, plan funded status and corporate financial condition. The investment portfolio contains a diversified blend of equity and fixed income securities. Furthermore, equity securities are diversified across large and small capitalized securities and international securities. Other assets, such as real estate and high yield bonds, are used to further diversify equity allocations. Fixed income securities are primarily invested in a mix of investment grade corporate bonds, government bonds and a smaller allocation to non-investment grade debt. The Company uses a dynamic strategy to determine the allocation of return-seeking assets driven by the Pension Plan's funded ratio so that when the funded status increases above prescribed levels, the allocation to equities will decrease and fixed income increase proportionally. Investment risk is measured and monitored on an ongoing basis, including quarterly investment portfolio reviews and periodic liability measurements. As of December 31, 2022, the Pension assets consisted of approximately 6% in equity securities, 81% in fixed income and 13% in real estate. The Company records its Pension Plan's assets at fair value as described in Note 4 — Fair Value Measurement The following is a description of the Pension Plan's investments at fair value and valuation methodologies: • Common/collective trusts — The fair values of the underlying funds in the common/collective trusts are valued based on the unit value established for each fund at each valuation date. The unit value of a collective investment fund is calculated by dividing the fund's net asset value on the calculation date by the number of units of the fund that are outstanding on the calculation date, which is derived from observable purchase and redemption activity in the collective investment fund. • Money market fund — This investment is valued at the published per share net asset value of shares held by the Plan. There are no significant restrictions on redeeming these investments at net asset value. • Real estate — The Pension Plan trust holds an investment in a real estate development project that the Company considers to be a Level 3 asset for valuation purposes because it requires the use of unobservable inputs in its fair value measurement. The fair value of this investment represents the estimated fair value of the plan's related ownership percentage in the project based upon an appraisal of the underlying real property as of each balance sheet date. The fund investment strategy for this asset is long-term capital appreciation. The following table is a summary of the Pension Plan's financial assets recorded at fair value, by hierarchy level: (Amounts in millions) Level 3 Total December 31, 2022 Real estate $ 4.5 $ 4.5 Total investments in the fair value hierarchy 4.5 4.5 Investments measured at net asset value (1) 30.9 Total financial assets $ 35.4 December 31, 2021 Real estate $ 4.2 $ 4.2 Total investments in the fair value hierarchy 4.2 4.2 Investments measured at net asset value (1) 41.1 Total financial assets $ 45.3 (1) Common/collective trusts investments and money market funds that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total fair value of plan assets presented in the summary of plan assets further below. The Company does not have participant redemption restrictions for its common/collective trust investments. The following table sets forth additional disclosures for the Pension Plan assets fair value estimated using net asset value per share: (Amounts in millions) Fair Value Redemptions Frequency (if currently eligible) Redemption Notice Period December 31, 2022 Money market fund $ 0.9 Daily Same day Multi-asset credit fund 0.4 Monthly 10 Days Equity and fixed income securities 29.6 Daily 15 Days Investments measured at net asset value $ 30.9 December 31, 2021 Money market fund $ 0.9 N/A N/A Multi-asset credit fund 0.8 Monthly 10 Days Equity and fixed income securities 39.4 Daily 15 Days Investments measured at net asset value $ 41.1 Plan Financial Information — Net periodic benefit expense for the Pension includes the following components for the years ended December 31: Pension Postretirement Benefits (Amounts in millions) 2022 2021 2020 2022 2021 2020 Interest cost $ 2.4 $ 2.0 $ 3.1 $ — $ — $ — Expected return on plan assets (1.2) (0.7) (0.8) 0.1 — — Amortization of net actuarial loss 2.3 2.4 2.0 — 0.1 0.1 Settlement gain (0.5) — — — — — Amortization of prior service cost — — 0.1 — — — Net periodic benefit expense $ 3.0 $ 3.7 $ 4.4 $ 0.1 $ 0.1 $ 0.1 Net periodic benefit expense for the Pension and Postretirement Benefits is recorded within "Other non-operating expense" in the Consolidated Statements of Operations. Settlement charge, amortization of net actuarial loss and prior service cost were reclassified out of the components of "Accumulated other comprehensive loss". The following tables are a summary of the amounts recognized in other comprehensive income (loss) and net periodic benefit expense for the years ended December 31: (Amounts in millions) Pension Postretirement 2022 Net actuarial gain $ (7.3) $ — Amortization of net actuarial loss (2.3) — Settlement gain 0.5 — Total recognized in other comprehensive loss (9.1) — Total recognized in net periodic benefit expense 3.0 0.1 Total recognized in other comprehensive loss and net periodic benefit expense $ (6.1) $ 0.1 2021 Net actuarial gain $ (1.8) $ — Amortization of net actuarial loss (2.4) (0.1) Total recognized in other comprehensive loss (4.2) (0.1) Total recognized in net periodic benefit expense 3.7 0.1 Total recognized in other comprehensive loss and net periodic benefit expense $ (0.5) $ — 2020 Net actuarial loss (gain) 4.5 (0.1) Amortization of net actuarial loss (2.0) (0.1) Amortization of prior service cost (0.1) — Total recognized in other comprehensive income 2.4 (0.2) Total recognized in net periodic benefit expense 4.4 0.1 Total recognized in other comprehensive income and net periodic benefit expense $ 6.8 $ (0.1) The following table is a summary of the unfunded status of the Pension and Postretirement Benefits, which is recorded within "Pension and other postretirement benefits" on the Consolidated Balance Sheets and changes to the benefit obligation and plan assets as of and for the years ended December 31: Pension Postretirement Benefits Total (Amounts in millions) 2022 2021 2022 2021 2022 2021 Change in benefit obligation: Benefit obligation at the beginning of the year $ 111.9 $ 120.1 $ 0.6 $ 0.6 $ 112.5 $ 120.7 Interest cost 2.4 2.0 — — 2.4 2.0 Actuarial (gain) loss (18.6) (2.6) 0.1 — (18.5) (2.6) Benefits paid (7.3) (7.6) (0.2) — (7.5) (7.6) Benefit obligation at the end of the year 88.4 111.9 0.5 0.6 88.9 112.5 Change in plan assets: Fair value of plan assets at the beginning of the year 45.4 46.2 — — 45.4 46.2 Actual return on plan assets (10.0) (0.1) — — (10.0) (0.1) Employer contributions 7.5 6.9 0.2 — 7.7 6.9 Benefits paid (7.3) (7.6) (0.2) — (7.5) (7.6) Fair value of plan assets at the end of the year 35.6 45.4 — — 35.6 45.4 Unfunded status at the end of the year $ 52.8 $ 66.5 $ 0.5 $ 0.6 $ 53.3 $ 67.1 In 2022, the net actuarial gain of $18.6 million affecting the benefit obligation of the Pension was due to the increase in discount rate. Net actuarial loss affecting the benefit obligation of the Postretirement Benefits was $0.1 million. In 2021, the net actuarial gain of $2.6 million affecting the benefit obligation of the Pension was due to the increase in discount rate and no material net actuarial gain or loss affecting the benefit obligation of the Postretirement Benefits. In October 2022, the Retirement Plans Experience Committee ("RPEC") of the Society of Actuaries ("SOA") issued a mortality improvement update. The Company adopted the mortality projection scales on its measurement date, which decreased the Pension Plan benefit obligation. The unfunded status of the Pension Plan was $3.1 million and $3.3 million at December 31, 2022 and 2021, respectively, and the unfunded status of the SERPs was $49.7 million and $63.2 million at December 31, 2022 and 2021, respectively. The following table summarizes the components recognized in "Accumulated other comprehensive loss" in the stockholders' deficit section of the Consolidated Balance Sheets relating to the Pension and Postretirement Benefits as of December 31: Pension Postretirement Benefits Total (Amounts in millions) 2022 2021 2022 2021 2022 2021 Accumulated other comprehensive loss: Net actuarial loss, net of tax $ 28.1 $ 35.2 $ 0.3 $ 0.2 $ 28.4 $ 35.4 The following table summarizes the accumulated benefit obligation for the Pension and Postretirement Benefits fair value of plan assets as of December 31: Pension Postretirement Benefits (Amounts in millions) 2022 2021 2022 2021 Accumulated benefit obligation $ 88.4 $ 111.9 $ 0.5 $ — Fair value of plan assets $ 35.6 $ 45.4 $ — $ — The following table summarizes the estimated future benefit payments for the Pension and Postretirement Benefits for the years ended December 31: (Amounts in millions) 2023 2024 2025 2026 2027 2028-2032 Pension $ 8.4 $ 7.2 $ 7.2 $ 7.2 $ 7.1 $ 32.1 Postretirement benefits — — — — — 0.1 The Company has no minimum required contribution for the Pension Plan in 2023. The Company will continue to make contributions to the SERPs and the Postretirement Benefits to the extent benefits are paid. Aggregate benefits paid for the unfunded plans are expected to be $5.5 million in 2023. Employee Savings Plan — The Company has an employee savings plan that qualifies under Section 401(k) of the Internal Revenue Code of 1986, as amended. Contributions to, and costs of, the 401(k) defined contribution plan totaled $4.8 million, $4.4 million and $3.7 million in 2022, 2021 and 2020, respectively. International Benefit Plans — The Company's international subsidiaries have certain defined contribution plans. Contributions to, and costs related to, international plans were $1.5 million, $1.9 million and $2.0 million for 2022, 2021 and 2020, respectively.

Stockholders' Deficit

Stockholders' Deficit	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Deficit	Common Stock — The Company's Amended and Restated Certificate of Incorporation, as amended, provides for the issuance of up to 162,500,000 shares of common stock with a par value of $0.01. The holders of MoneyGram common stock are entitled to one vote per share on all matters to be voted upon by its stockholders. The holders of common stock have no preemptive, conversion or other subscription rights. There are no redemption or sinking fund provisions applicable to the common stock. The determination to pay dividends on common stock will be at the discretion of the Board of Directors and will depend on applicable laws and the Company's financial condition, results of operations, cash requirements, prospects and such other factors as the Board of Directors may deem relevant. The Company's ability to declare or pay dividends or distributions to the holders of the Company's common stock is restricted under the Company's New Credit Agreement. No dividends were paid in 2022, 2021 or 2020. On June 7, 2021, MoneyGram announced its ATM Program which provided for the offer and sale, from time to time, of shares of its common stock having an aggregate sales price of up to $100.0 million. On June 18, 2021, MoneyGram completed the ATM Program by selling $99.8 million, or 10.4 million shares, at an average price per share of $9.56, resulting in total net proceeds to the Company of 97.2 million. Preferred Stock — The Company's Amended and Restated Certificate of Incorporation provides for the issuance of up to 7,000,000 shares of preferred stock that may be issued in one or more series, with each series to have certain rights and preferences as shall be determined in the unlimited discretion of the Company's Board of Directors, including, without limitation, voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences. Treasury Stock — The Board of Directors has authorized the repurchase of shares up to $50.0 million in the aggregate. As of December 31, 2022, the Company repurchased 1,023,209 shares or $6.1 million in common stock. Series D Participating Convertible Preferred Stock (the "D Stock") — In 2011, the Company issued 71,282 shares out of 200,000 authorized shares of D Stock to Goldman Sachs. Each share of D Stock has a liquidation preference of $0.01 and is convertible into 125 shares of common stock. In 2020, Goldman Sachs converted all of its 71,282 shares of D Stock into 8,910,234 shares of common stock with a par value of $0.01 per share. The following table is a summary of the Company's authorized, issued and outstanding stock as of December 31, 2022: Common Stock Authorized Issued Outstanding Treasury January 1, 2020 162,500,000 65,061,090 62,731,184 2,329,906 Release for restricted stock units — 56,358 876,121 819,763 Preferred stock - series D conversion — 7,413,322 8,910,234 1,496,912 December 31, 2020 162,500,000 72,530,770 72,517,539 13,231 ATM equity offering — 10,441,111 10,441,111 — Exercise of Ripple Warrants — 5,948,895 5,948,895 — Release for restricted stock units — 2,419,079 1,877,434 541,645 Exercise of Second Lien Warrants — 965,156 964,212 944 Stock repurchases — — (1,023,209) 1,023,209 December 31, 2021 162,500,000 92,305,011 90,725,982 1,579,029 Exercise of lender warrants — 4,458,314 4,454,159 4,155 Release for restricted stock units — 2,200,740 1,446,291 754,449 December 31, 2022 162,500,000 98,964,065 96,626,432 2,337,633 Accumulated Other Comprehensive Loss — The following table details the components and changes of "Accumulated other comprehensive loss" as of and for the years ended: (Amounts in millions) Net Unrealized Gains on Securities Classified as Available-for-sale, Net of Tax Cumulative non-U.S. dollar Translation Adjustments, Net of Tax Pension and Postretirement Benefits Adjustment, Net of Tax Total January 1, 2020 $ 1.6 $ (28.1) $ (37.0) $ (63.5) Other comprehensive loss before reclassification (0.4) 7.2 (3.4) 3.4 Amounts reclassified from accumulated other comprehensive loss — — 1.7 1.7 Net current year other comprehensive income (0.4) 7.2 (1.7) 5.1 December 31, 2020 1.2 (20.9) (38.7) (58.4) Other comprehensive income before reclassification 0.3 (8.0) 1.4 (6.3) Amounts reclassified from accumulated other comprehensive loss — — 1.9 1.9 Net current year other comprehensive income 0.3 (8.0) 3.3 (4.4) December 31, 2021 1.5 (28.9) (35.4) (62.8) Other comprehensive loss before reclassification 0.7 (9.8) 5.6 (3.5) Amounts reclassified from accumulated other comprehensive loss — — 1.4 1.4 Net current year other comprehensive loss 0.7 (9.8) 7.0 (2.1) December 31, 2022 $ 2.2 $ (38.7) $ (28.4) $ (64.9)

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	The MoneyGram International, Inc. 2005 Omnibus Incentive Plan ("2005 Plan") provides for the granting of equity-based compensation awards, including stock options, stock appreciation rights, restricted stock units and restricted stock awards (collectively, "share-based awards") to officers, employees and directors. In May 2015, the Company's stockholders approved an amendment and restatement of the 2005 Plan increasing the aggregate number of shares that may be issued from 12,925,000 to 15,425,000 shares. As of December 31, 2022, the Company has remaining authorization to issue future grants of up to 2,383,388 shares. The calculated fair value of share-based awards is recognized as compensation cost using the straight-line method over the vesting or service period in the Company's financial statements. Stock-based compensation is recognized only for those share-based awards expected to vest, with forfeitures estimated at the date of grant and evaluated and adjusted periodically to reflect the Company's historical experience and future expectations. Any change in the forfeiture assumption will be accounted for as a change in estimate, with the cumulative effect of the change on periods previously reported being reflected in the financial statements of the period in which the change is made. The Company recognized stock-based compensation expense of $15.0 million, $7.3 million and $6.6 million for the years ended December 31 2022, 2021 and 2020, respectively, all of which related to restricted stock units. Stock Options — All outstanding option awards were granted with an exercise price equal to the closing market price of the Company's common stock on the date of grant. All outstanding stock option award agreements contain certain forfeiture and non-compete provisions. There were no options granted in 2022, 2021 or 2020. All options granted in 2014, 2013 and 2012 have a term of 10 years. Prior to the fourth quarter of 2011, options granted were either time-based, vesting over a four-year period, or performance-based, vesting over a five-year period. All options issued after the fourth quarter of 2011 are time-based, with options granted in the fourth quarter of 2011 through the first part of 2014 vesting over a four-year period, and the remaining options granted in 2014 vesting over a three-year period, in an equal number of shares each year. The following table is a summary of the Company's stock option activity for the year ended December 31, 2022: Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Options outstanding at December 31, 2021 131,153 $ 17.54 1.4 years $ — Forfeited/Expired (20,378) $ 17.74 Options outstanding, vested or expected to vest, 110,775 $ 17.51 0.6 years $ — There were no options exercised in 2022, 2021 or 2020. For the year ended December 31, 2022, the Company had no unrecognized stock option expense related to outstanding options. Restricted Stock Units — In 2022 and 2021, the Company granted time-based and performance-based restricted stock units. In 2020 and in 2019, the Company granted only time-based restricted stock units. The time-based restricted stock units vest in three equal installments on each anniversary of the grant date. The performance-based restricted stock units are subject to performance conditions and a one-year performance period. When and if the conditions are satisfied at the end of the one-year performance period, vesting of the performance-based restricted stock units are subject only to the passage of time and vest in three equal installments on each anniversary of the grant date. For purposes of determining the fair value of restricted stock units and performance-based restricted stock units, the fair value is calculated based on the stock price at the time of grant. For performance-based restricted stock units, expense is recognized if achievement of the performance goal is deemed probable, with the amount of expense recognized based on the Company's best estimate of the ultimate achievement level. For grants to employees, expense is recognized in the "Compensation and benefits" line and expense for grants to Non-Employee Directors is recorded in the "Transaction and operations support" line in the Consolidated Statements of Operations using the straight-line method over the vesting period. The following table is a summary of the Company's restricted stock unit activity as of December 31, 2022: Total Weighted-Average Grant-Date Fair Value Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Restricted stock units outstanding at December 31, 2021 4,104,547 $ 3.82 0.86 years $ 32.4 Granted 1,777,010 10.67 Vested (2,200,740) 4.63 Forfeited (7,302) 7.07 Restricted stock units outstanding at December 31, 2022 3,673,515 $ 7.45 0.78 years $ 40.0 Restricted stock units vested and deferred at December 31, 2022 174,827 $ 4.15 $ 1.9 The following table is a summary of the Company's restricted stock unit compensation information for the years ended December 31: (Amounts in millions) 2022 2021 2020 Weighted-average grant-date fair value of restricted stock units vested during the year $ 10.2 $ 7.0 $ 7.5 Total intrinsic value of vested and converted shares $ 23.3 $ 16.1 $ 2.9 As of December 31, 2022, the Company's outstanding restricted stock units had unrecognized compensation expense of $15.3 million with a remaining weighted-average vesting period of 1.2 years. Unrecognized restricted stock unit expense and the remaining weighted-average vesting period are presented using the Company's current estimate of achievement of performance goals.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	The following table is a summary of the components of income (loss) before income taxes for the years ended December 31: (Amounts in millions) 2022 2021 2020 U.S. $ 33.4 $ (49.8) $ (0.3) Foreign 6.4 6.2 6.4 Income (loss) before income taxes $ 39.8 $ (43.6) $ 6.1 Foreign income consists of income from the Company's international subsidiaries. Most of the Company's wholly-owned subsidiaries recognize revenue based solely on services agreements with the primary U.S. operating subsidiary. The following table is a summary of the income tax expense (benefit) for the years ended December 31: (Amounts in millions) 2022 2021 2020 Current: Federal $ 2.2 $ 0.1 $ (1.4) State (2.4) (2.7) 2.1 Foreign 4.6 5.7 4.2 Current income tax expense 4.4 3.1 4.9 Deferred: Federal 2.3 (6.6) 7.1 State (0.9) (0.3) 1.9 Foreign (0.2) (1.9) 0.1 Deferred income tax expense (benefit) 1.2 (8.8) 9.1 Income tax expense (benefit) $ 5.6 $ (5.7) $ 14.0 As of December 31, 2022 and 2021, the Company had tax payable of $7.2 million and $16.2 million, respectively and tax receivable of $2.9 million and $2.5 million, respectively. Tax payable and tax receivable are recorded within "Accounts payable and other liabilities" and "Other assets", respectively, on the Consolidated Balance Sheets. The following table is a reconciliation of the expected federal income tax (benefit) expense at statutory rates to the actual income tax (benefit) expense for the years ended in December 31: (Amounts in millions) 2022 2021 2020 Income tax expense (benefit) at statutory federal income tax rate $ 8.4 $ (9.2) $ 1.3 Tax effect of: State income tax, net of federal income tax effect (0.4) (0.6) (0.4) Valuation allowances (2.9) 1.7 12.0 International taxes 2.0 1.0 1.5 Other net permanent differences 3.1 5.3 1.8 U.S. general business credits (3.1) (2.6) (3.6) Change in unrecognized tax benefits (1.5) (1.7) 2.4 Stock-based compensation (0.7) (0.3) 0.7 BEAT — — (0.6) U.S. taxation of foreign earnings 0.3 0.5 (1.1) Other 0.4 0.2 — Income tax expense (benefit) $ 5.6 $ (5.7) $ 14.0 The following table is a summary of the Company's deferred tax assets and liabilities as of December 31: (Amounts in millions) 2022 2021 Deferred tax assets: Basis difference in revalued investments $ 50.2 $ 50.4 Tax loss carryovers 16.6 22.5 Tax credit carryovers 13.6 17.7 Postretirement benefits and other employee benefits 1.7 5.4 Bad debt and other reserves 1.4 1.6 Lease liabilities 8.8 10.9 Depreciation & amortization 20.6 12.3 Interest expense carryovers 14.2 16.3 Other 4.2 5.4 Valuation allowances (76.8) (82.0) Total deferred tax assets 54.5 60.5 Deferred tax liability: Depreciation and amortization and other (63.8) (64.0) Lease right-of-use assets (8.1) (10.2) Total deferred tax liability (71.9) (74.2) Net deferred tax liability $ (17.4) $ (13.7) The Company offsets deferred tax asset positions with deferred tax liability positions based on right to offset in each respective tax jurisdiction. As of December 31, 2022, net deferred tax asset positions of $5.6 million were included within "Other assets" and net deferred tax liability positions of $23.0 million were included within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. As of December 31, 2021, net deferred tax asset positions of $6.0 million were reflected within "Other assets" and net deferred tax liability positions of $19.7 million were included within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. The valuation allowances as of December 31, 2022 and 2021, primarily relate to basis differences in revalued investments, capital loss carryovers, U.S. tax credit carryovers U.S. interest expense carryovers and certain state and foreign tax loss carryovers. The net $5.2 million decrease in our valuation allowances reflects a net release of $2.9 million through earnings, a decrease of $1.4 million through other comprehensive loss and a $0.9 million decrease with corresponding adjustments to the respective deferred tax asset. As of December 31, 2022, the Company is no longer in a three-year cumulative pre-tax loss position. However, the Company will maintain a valuation allowance on applicable deferred tax assets until there is sufficient evidence to support the reversal of any or all of these valuation allowances. The Company continues to analyze the positive and negative evidence in determining the need for a valuation allowance with respect to its deferred tax assets. It is reasonably possible that, within the next 12 months, the valuation allowance could be reduced if there is sufficient evidence indicating it is more than likely than not that all or a portion of the Company's deferred tax assets will be realized. Release of the valuation allowance would result in the recognition of certain deferred tax assets and a decrease to income tax expense for the period in which the release is recorded. However, the exact timing and amount of the valuation allowance release are subject to change based on the level of profitability achieved and other applicable evidence. The following table is a summary of the amounts and expiration dates of tax loss carry-forwards (not tax effected), credit carry-forwards and other expense carry-forwards (not tax effected) as of December 31, 2022: (Amounts in millions) Expiration Amount U.S. capital loss carry-forwards 2023 - 2026 $ 43.1 U.S. net operating loss carry-forwards 2025 - Indefinite $ 1.8 U.S. tax credit carry-forwards 2024- 2042 $ 13.6 U.S. interest expense carry-forwards Indefinite $ 64.4 Unrecognized tax benefits are recorded within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. The following table is a reconciliation of unrecognized tax benefits for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 14.7 $ 19.7 $ 18.2 Additions based on tax positions related to prior years 0.3 1.5 0.9 Additions based on tax positions related to current year 0.8 0.6 0.6 Settlements with cash or attributes (4.8) (2.3) — Reductions for tax positions of prior years and other (1.9) (4.8) — Ending balance $ 9.1 $ 14.7 $ 19.7 As of December 31, 2022, 2021 and 2020, the liability for unrecognized tax benefits was $9.1 million, $14.7 million and $19.7 million, respectively, exclusive of interest and penalties. For 2022, 2021 and 2020, the net amount of unrecognized tax benefits that if recognized would impact the effective tax rate was $9.1 million , $14.7 million and $19.7 million, respectively. The Company accrues interest and penalties for unrecognized tax benefits through "Income tax (benefit) expense" in the Consolidated Statements of Operations. For 2022, the Company's liability for interest and penalties decreased by $4.6 million, which was comprised of a net decrease in the accrual of $1.4 million and cash payments of $3.2 million. For 2021 and 2020, the Company’s accrual for interest and penalties decreased by $2.0 million and increased by $1.1 million, respectively. As of December 31, 2022 and 2021, the Company had a liability of $2.8 million and $7.4 million, respectively, accrued for interest and penalties within "Accounts payable and other liabilities." As a result of the Company's completion of its litigation related to its securities losses discussed in more detail in No te 1 4 — Commitments and Contingencies

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Letters of Credit — At December 31, 2022, the Compan y had no borrowings and no outstanding letters of credit under the Revolving Credit Facility. Legal Proceedings — The matters set forth below are subject to uncertainties and outcomes that are not predictable. The Company accrues for these matters as any resulting losses become probable and can be reasonably estimated. Further, the Company maintains insurance coverage for many claims and litigation matters. In relation to various legal matters, including those described below, the Compan y ha d $7.5 million and $15.8 million of li ability recorded in "Accounts payable and other liabilities" in the Consolidated Balance Sheets as of December 31, 2022 and December 31, 2021, respectively . No ch arges were recorded in 2022 . $13.8 million and a nominal charge were recorded for the year 2021 and 2020, respectively, with in "Transaction and operations support" in the Consolidated Statements of Operations. Litigation Commenced Against the Company: Class Action Securities Litigation — On November 14, 2018, a putative securities class action lawsuit was filed in the United States District Court for the Northern District of Illinois against MoneyGram and certain of its executive officers. The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and alleges that MoneyGram made material misrepresentations regarding its compliance with the stipulated order for permanent injunction and final judgment that MoneyGram entered into with the FTC in October 2009 and with the DPA that Money Gram entered into with the U.S. Attorney’s Office for the Middle District of Pennsylvania and the U.S. Department of Justice in November 2012. The lawsuit seeks unspecified damages, equitable relief, interest and costs and attorneys' fees. The Company believes the case is without merit and is vigorously defending this matter. On May 16, 2019, MoneyGram filed a motion to dismiss which the court has yet to rule upon. We are unable to predict the outcome, or the possible loss or range of loss, if any, related to this matter. Books and Records Requests — The Company has received multiple requests from various putative shareholders for inspection of books and records pursuant to Section 220 of the Delaware General Corporation Law relating to the subject matter of the putative class lawsuit described in the preceding paragraphs. On February 26, 2019, two of these shareholders filed a petition in the Delaware Court of Chancery to compel MoneyGram to produce books and records in accordance with their request but have since dismissed their action. We are unable to predict the outcome, or the possible loss or range of loss, if any, related to these matters. It is possible that additional shareholder lawsuits could be filed relating to the subject matter of the above putative class action, the Section 220 books and records requests or pertaining to the MDP transaction. Other Matters — The Company is involved in various other claims and litigation that arise from time to time in the ordinary course of the Company's business. Management does not believe that after final disposition any of these matters is likely to have a material adverse impact on the Company's financial condition, results of operations or cash flows. Government Investigations: On June 9, 2021, the Government filed an Amended Unopposed Motion to Dismiss that provided additional details about the Company’s satisfaction of its obligations under the DPA and enhancements to the Company’s compliance program. On June 10, 2021, the United States Judge for the Middle District of Pennsylvania signed an Order dismissing the criminal information with prejudice, which effectively discharged the Government’s criminal case against the Company and officially ended the matter. NYDFS — As previously reported, on June 22, 2018, the Company received a request for production of documents from the NYDFS related to the Company’s failure to maintain an effective anti-money laundering program and to adequately supervise certain of the Company’s New York-based agents that conducted suspicious transactions on behalf of customers. This request followed previous inquiries by the NYDFS regarding certain of the Company's New York based agents. Following the June 22, 2018 request for production, the Company received and responded to several inquiries from the NYDFS related to this matter. On March 16, 2022, the Company and the NYDFS entered into a consent order (the “Consent Order”) to resolve this matter. In entering into the Consent Order, the NYDFS acknowledged that there were several mitigating factors with respect to the Consent Order, including that the Company fully cooperated with the NYDFS’s investigation, including by reporting on the results of its internal investigation on the matter, had voluntarily undertaken significant enhancements to its compliance program and had undertaken remediation to prevent similar violations from occurring. Such measures and enhancements include termination of certain agents, the creation of new compliance procedures to increase the authority of compliance personnel within the Company, the implementation of new limits on and supervision of high-risk agents and a substantial increase in the resources allocated to compliance. Pursuant to the Consent Order, the Company agreed to, among other things, pay a civil monetary penalty in the amount of $8.3 million and undertake various reporting obligations. These include the obligation to (i) submit to the NYDFS a written description of the Company’s current compliance program with respect to the supervision of its New York-based agents and update such description with the NYDFS at 12 and 24 months after the date of the Consent Order, (ii) deliver to the NYDFS detailed data of all transactions in the State of New York for the one-year period prior to the date of the Consent Order, and (iii) fully cooperate with the NYDFS regarding all terms of the Consent Order. Pursuant to the Consent Order, the NYDFS agreed that it will take no further action against the Company for the conduct subject to the previous request for production of documents, provided that the Company fully complies with the terms of the Consent Order. The $8.3 million payment, which was made in the first quarter of 2022, is consistent with the estimated amount that the Company previously accrued in the fourth quarter of 2021. CFPB — As previously reported, on February 12, 2020, the Company received a Report of Examination ("ROE") from the CFPB stating that previous findings from a 2019 exam were not remediated, and the matter would be referred to its Enforcement Unit. On March 18, 2020, the Company received a Civil Investigative Demand ("CID") from the CFPB's Enforcement Unit. On June 11, 2020, the Company provided a timely response to the ROE describing the remedial actions taken and that the findings have been substantially remediated. On August 21, 2020, the Company completed its production in response to the CID. On February 25, 2021, the CFPB provided the Company with a Notice and Opportunity to Respond and Advise ("NORA") letter, documenting the CFPB's intent to take legal action against the Company based on four alleged violations under the Remittance Rule, the Electronic Fund Transfer Act (the "EFTA") and the Consumer Financial Protection Act (the "CFPA"). MoneyGram provided the CFPB with its written response to the NORA letter on March 17, 2021. Over the next several months, the Company and the CFPB engaged in negotiations regarding a potential settlement agreement but were ultimately unable to reach an agreed resolution on this matter. On April 21, 2022, the CFPB and the NYAG filed a complaint (the “Complaint”) in the United States District Court for the Southern District of New York against the Company and MoneyGram Payment Systems, Inc., a wholly owned subsidiary of the Company. The Complaint alleges seven counts of violations under the Remittance Rule, the CFPA, the EFTA and New York Executive Law § 63(12) and seeks injunctive relief, restitution, unspecified damages, civil money penalties and costs. On July 5, 2022, the CFPB and the NYAG filed a First Amended Complaint. In response to the First Amended Complaint, on August 4, 2022, The Company filed a consolidated motion to dismiss and to transfer venue to the United States District Court for the Northern District Texas. The CFPB and NYAG responded to the Company's motions on September 19, 2022, and MoneyGram filed its reply brief on October 3, 2022. In a separate matter, on October 19, 2022, the United States Court of Appeals for the Fifth Circuit held the funding structure of the CFPB to be unconstitutional. On November 14, 2022, the Department of Justice ("DOJ"), on behalf of the CFPB, petitioned the Supreme Court for a writ of certiorari to review and reverse the Fifth Circuit's decision. The company had previously challenged the constitutionality of the CFPB's funding structure as part of the Company's motion to dismiss the CFPB's and NYAG's case, which was pending in the Southerm District of New York. In light of the developments, in the Fifth Circuit and the potential for the U.S. Supreme Court to grant cert, MoneyGram filed a letter motion to stay the case which was granted, over the CFPB's and NYAG's objection, by the United States District Court for the Southern District of New York on December 9, 2022. As a result, the current lawsuit will be on hold pending the Supreme Court's ultimate decision. The parties were ordered to promptly file a joint letter apprising the District Court of the Supreme Court's decision to grant or deny the Petition once the Supreme Court issues any decision, which could impact the length of the District Court's stay. MoneyGram continues to believe the case is without merit and intends to vigorously defend this matter. Based on the prior settlement negotiations which have since terminated, the Company had accrued $7.5 million as of December 31, 2021 , as our best estimate to settle this matter. Notwithstanding the termination of the settlement discussion and the filing of the lawsuit by the CFPB, we continue to maintain the $7.5 million accrual in accordance with U.S. GAAP as our best loss estimate related to this matter. Other Matters — The Company is involved in various other government inquiries and other matters that arise from time to time. Management does not believe that after final disposition any of these other matters is likely to have a material adverse impact on the Company’s financial condition, results of operations or cash flows.

Earnings per Common Share

Earnings per Common Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings per Common Share	The following table is a reconciliation of the weighted-average share amounts used in calculating earnings (loss) per common share for the years ended December 31: (Amounts in millions) 2022 2021 2020 Basic and diluted common shares outstanding 96.4 89.7 77.8 Shares related to restricted stock units 3.7 — — Diluted common shares outstanding 100.1 89.7 77.8 Potential common shares issuable to employees upon exercise or conversion of shares under the Company's stock-based compensation plans, and upon exercise of the Ripple Warrants are excluded from the computation of diluted earnings per common share in periods when the effect would be anti-dilutive. All potential common shares are anti-dilutive in periods of net loss available to common stockholders. Stock options are anti-dilutive when the exercise price of these instruments is greater than the average market price of the Company's common stock for the period, regardless of whether the Company is in a period of net loss available to common shareholders. The following table summarizes the weighted-average potential common shares excluded from diluted earnings (loss) per common share as their effect would be anti-dilutive: (Amounts in millions) 2022 2021 2020 Shares related to stock options 0.1 0.2 0.3 Shares related to restricted stock units — 4.2 4.5 Shares related to Ripple Warrants — 1.1 6.0 Shares excluded from the computation 0.1 5.5 10.8

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Information	The Company's reporting segments are primarily organized based on the nature of products and services offered and the type of consumer served. The Company has two reporting segments: GFT and FPP. See Note 1 — Description of the Business and Basis of Presentation for further discussion on our segments. Walmart Inc. ("Walmart") is our only agent that is considered major. The following table is a summary of revenue from Walmart as a percentage of each segment and total revenue: 2022 2021 2020 Revenue from Walmart as a percentage of GFT revenue <10% 10 % 13 % Revenue from Walmart as a percentage of FPP revenue 34 % 35 % 29 % Revenue from Walmart as a percentage of total revenue <10% 11 % 13 % The Company's Chief Operating Decision Maker reviews segment gross profit to assess segment performance and allocate resources. Segment accounting policies are the same as those described in Note 2 — Summary of Significant Accounting Policies . Investment revenue is allocated to each segment based on the average investable balances generated by that segment's sale of payment instruments during the period. The following table is a summary of the total revenue by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT revenue Money transfer revenue $ 1,190.3 $ 1,189.2 $ 1,104.7 Bill payment revenue 35.6 39.6 46.2 Total GFT revenue 1,225.9 1,228.8 1,150.9 FPP revenue Money order revenue 44.1 40.9 43.4 Official check revenue 40.1 13.9 22.9 Total FPP revenue 84.2 54.8 66.3 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2 The following table is a summary of the gross profit by segment and detail of the income (loss) before income taxes for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT gross profit $ 557.7 $ 545.6 $ 501.6 FPP gross profit (1) 62.2 53.9 62.6 Total gross profit 619.9 599.5 564.2 Total operating expenses 526.7 525.8 461.2 Total operating income 93.2 73.7 103.0 Interest expense 49.4 69.5 92.4 Loss on early extinguishment of debt — 44.1 — Other non-operating expense 4.0 3.7 4.5 Income (loss) before income taxes $ 39.8 $ (43.6) $ 6.1 (1) In periods of extremely low interest rates, it is possible for commissions to be close to zero, resulting in abnormally high gross margin. The following table is a summary of depreciation and amortization expense by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT $ 46.6 $ 51.3 $ 57.3 FPP 5.1 5.7 7.1 Total depreciation and amortization $ 51.7 $ 57.0 $ 64.4 The following table is a summary of capital expenditures by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT $ 47.1 $ 38.3 $ 31.5 FPP 5.2 4.3 3.9 Total capital expenditures $ 52.3 $ 42.6 $ 35.4 The following table sets forth assets by segment as of December 31: (Amounts in millions) 2022 2021 GFT $ 1,412.6 $ 1,269.5 FPP 3,066.0 3,169.8 Other 26.6 37.2 Total assets $ 4,505.2 $ 4,476.5 Revenue by geographic area — International revenues are defined as revenues generated from money transfer and bill payment transactions originating in a country other than the U.S. There are no individual countries from which the Company generates revenues, other than the U.S., that exceed 10% of total revenues for the years ended December 31, 2022, 2021 and 2020. The following table details total revenue by major geographic area for the years ended December 31: (Amounts in millions) 2022 2021 2020 U.S. $ 544.7 $ 543.9 $ 543.8 International 765.4 739.7 673.4 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2

Revenue Recognition

Revenue Recognition	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	The following table is a summary of the Company's revenue streams disaggregated by services and products for each segment and timing of revenue recognition for such services and products excluding other revenue for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT revenue Money transfer fee revenue $ 1,151.0 $ 1,160.0 $ 1,083.4 Bill payment services fee revenue 35.6 40.5 46.2 Other revenue 39.3 28.3 21.3 Total GFT fee and other revenue $ 1,225.9 $ 1,228.8 $ 1,150.9 FPP revenue Money order fee revenue 5.4 6.3 7.3 Official check outsourcing services fee revenue 6.7 7.1 7.4 Other revenue 34.2 33.6 31.6 Total FPP fee and other revenue 46.3 47.0 46.3 Investment revenue 37.9 7.8 20.0 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2 Timing of revenue recognition: Services and products transferred at a point in time $ 1,192.0 $ 1,206.8 $ 1,137.0 Products transferred over time 6.7 7.1 7.4 Total revenue from services and products 1,198.7 1,213.9 1,144.4 Investment revenue 37.9 7.8 20.0 Other revenue 73.5 61.9 52.8 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2 See Note 2 — Summary of Significant Accounting Policies for the Company's accounting policies on revenue recognition. Due to the short-term nature of the Company's services and products, the amount of contract assets and liabilities on the Consolidated Balance Sheets as of December 31, 2022 and 2021, is negligible. Assets for unsettled money transfers, money orders and consumer payments are included within "Settlement assets" with a corresponding liability recorded within "Payment service obligations" on the Consolidated Balance Sheets. For more information on these assets and liabilities see Note 2 — Summary of Significant Accounting Policies .

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	The Company's leases consist primarily of operating leases for buildings, equipment and vehicles. Finance leases are immaterial. The ROU asset and the lease liability are calculated based on the remaining minimum rental payments under current leasing standards for existing operating leases. The reduction in the carrying amount of the ROU asset and changes in the lease liability are presented within "Operating activities" on the Consolidated Statements of Cash Flows. We elected the package of practical expedients, which permitted us to not reassess our prior conclusions about lease identification, lease classification and initial direct costs under the new standard. We did not elect the use of the hindsight practical expedient or the practical expedient pertaining to land easements, as the latter was not applicable to us. We also elected the short-term lease recognition exemption for all leases that qualify. This means, for those leases that qualify, we did not recognize ROU assets or lease liabilities. The Company elected the practical expedient to not separate lease and non-lease components for our real estate and vehicle leases. The Company's various noncancellable operating leases for buildings, equipment and vehicles terminate through 2030. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. As of December 31, 2022 and 2021, the leases had a weighted-average remaining lease term of 6.5 years and 7.1 years, respectively. As most of our leases do not provide an implicit rate, the Company utilized the portfolio approach in determining the discount rate. The portfolios were grouped based on lease type and geographical location. The Company considered the most relevant major interest rate in the specific geographical location such as the Prime Rate in the U.S. and U.K. or the collateralized interest rate for non-financial institutions of the European Central Bank. These rates were then adjusted for the Company's specific credit ratings or economic conditions and lease terms of the specific portfolio. As of December 31, 2022 and 2021, the weighted-average discount rate was 5.8% and 5.3%, respectively. The Company recognizes rent expense for operating leases under the straight-line method over the term of the lease where differences between the monthly cash payments and the lease expense are offset to the ROU asset on the Consolidated Balance Sheets. Lease expense for buildings and equipment is included within "Occupancy, equipment and supplies" on the Consolidated Statements of Operations, while lease expense for our vehicles is included within "Compensation and benefits." Some of the Company's building leases include rent expense that is associated with an index or a rate. Subsequent changes from the original index or rate would be treated as variable lease expense. Furthermore, future changes to the non-lease components of our real estate and vehicle leases will be treated as variable lease expenses. The following table is a summary of the Company's lease expense for its operating leases for the years ended December 31: (Amounts in millions) 2022 2021 2020 Buildings, equipment and vehicle leases $ 10.8 $ 13.3 $ 15.0 Short-term and variable lease cost 0.3 1.1 1.2 Total lease cost $ 11.1 $ 14.4 $ 16.2 Supplemental cash flow information related to leases was as follows for the years ended December 31: (Amounts in millions) 2022 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 10.9 $ 13.7 $ 15.3 ROU assets obtained in exchange for lease obligations $ — $ 10.1 $ 15.0 Maturities of operating lease liabilities as of December 31, 2022 were as follows: (Amounts in millions) Future Minimum Lease Payments 2023 $ 9.1 2024 8.9 2025 8.5 2026 7.6 2027 6.2 Thereafter 15.0 Total 55.3 Less: present value discount (9.9) Lease liability - operating $ 45.4

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation — The accompanying consolidated financial statements of MoneyGram are prepared in conformity with generally accepted accounting principles in the United States of America ("U.S. GAAP"). The Consolidated Balance Sheets are unclassified due to the timing uncertainty surrounding the payment of settlement obligations.
Use of Estimates	Use of Estimates — The preparation of these financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions are based on historical experience, future expectations, impact of the COVID-19 pandemic and other factors and assumptions the Company believes to be reasonable under the circumstances. These estimates and assumptions are reviewed on an ongoing basis and are revised when necessary. Changes in estimates are recorded in the period of change. Actual amounts may differ from these estimates.
Principles of Consolidation	Principles of Consolidation — The Consolidated Financial Statements include the accounts of MoneyGram International, Inc. and its subsidiaries. Intercompany profits, transactions and account balances have been eliminated in consolidation.
Cash and Cash Equivalents, Policy	Cash and cash equivalents — The Company defines cash and cash equivalents and settlement cash and cash equivalents as cash on hand and all highly liquid debt instruments with original maturities of three months or less at the purchase date.
Restricted Assets Policy	Settlement assets and payment service obligations — The Company records payment service obligations relating to amounts payable under money transfers, money orders and consumer payment service arrangements. These obligations are recognized by the Company at the time the underlying transaction occurs. The Company records corresponding settlement assets, which represent funds received or to be received for unsettled money transfers, money orders and consumer payments. Settlement assets consist of settlement cash and cash equivalents, receivables and investments. Payment service obligations primarily consist of outstanding payment instruments; amounts owed to financial institutions for funds paid to the Company to cover clearings of official check payment instruments, remittances and clearing adjustments; amounts owed to agents for funds paid to consumers on behalf of the Company; commissions owed to financial institution customers and agents for instruments sold; amounts owed to investment brokers for purchased securities and unclaimed instruments owed to various states.
Receivables, Policy	Receivables, net (included in settlement assets) — The Company has receivables due from financial institutions and agents for payment instruments sold and amounts advanced by the Company to certain agents for operational and local regulatory purposes. These receivables are outstanding from the day of the sale of the payment instrument until the financial institution or agent remits the funds to the Company. The Company provides an allowance for the portion of the receivable estimated to become uncollectible based on its history of collection experience, known collection issues, such as agent suspensions and bankruptcies, consumer credit card chargebacks and insufficient funds and other matters the Company identifies in its routine collection monitoring. Receivables are generally considered past due one day after the contractual remittance schedule, which is typically one day to three days after the sale of the underlying payment instrument. Receivables are generally written off against the allowance one year after becoming past due.
Investment, Policy	Investments (included in settlement assets) — The Company classifies securities as available-for-sale. The Company has no securities classified as trading or held-to-maturity. Time deposits and certificates of deposits with original maturities of up to 24 months are classified as interest-bearing investments and recorded at amortized cost. Securities held for indefinite periods of time, including any securities that may be sold to assist in the clearing of payment service obligations or in the management of the investment portfolio, are classified as available-for-sale securities. These securities are recorded at fair value, with the net after-tax unrealized gain or loss recorded within "Accumulated other comprehensive loss" in the stockholders' deficit section of the Consolidated Balance Sheets. Realized gains and losses and other-than-temporary impairments are recorded in the Consolidated Statements of Operations under "Total other expenses." Interest income on residential mortgage-backed securities for which risk of credit loss is deemed remote is recorded utilizing the level yield method. Changes in estimated cash flows, both positive and negative, are accounted for with retrospective changes to the carrying value of investments in order to maintain a level yield over the life of the investment. Interest income on residential mortgage-backed securities for which risk of credit loss is not deemed remote is recorded under the prospective method as adjustments of yield. Additionally, the Company applies the cost recovery method of accounting for interest to some of the investments within the available-for-sale portfolio as it believes it is probable that it will not recover all, or substantially all, of its principal investment and interest for its asset-backed and other securities given the sustained deterioration in the investment and securities market, the collapse of many asset-backed securities and the low levels to which the securities have been written down. The Company evaluates all residential mortgage-backed and other asset-backed investments for impairment based on management's evaluation of the underlying reasons for the decline in fair value on an individual security basis. When an adverse change in expected cash flows occurs, and if the fair value of a security is less than its carrying value, the investment is written down to fair value through a permanent reduction to its amortized cost in the period the impairment occurs. Securities gains and losses are recognized upon the sale, call or maturity of securities using the specific identification method to determine the cost basis of securities sold.
Fair Value of Financial Instruments, Policy	Fair Value of Financial Instruments — Financial instruments consist of cash and cash equivalents, settlement cash and cash equivalents, investments, derivatives, payment service obligations and debt. The carrying values of cash and cash equivalents, settlement cash and cash equivalents, interest-bearing investments and payment service obligations approximate fair value. The carrying value of debt is stated at amortized cost; however, for disclosure purposes the fair value is estimated. See No te 4 — Fair Value Measurement for information regarding the principles and processes used to estimate the fair value of financial instruments. Assets and liabilities that are disclosed at fair value — Debt and interest-bearing investments are carried at amortized cost; however, the Company estimates the fair value of debt for disclosure purposes.
Derivatives, Policy	Derivative Financial Instruments — The Company recognizes derivative financial instruments on the Consolidated Balance Sheets at fair value. The accounting for changes in the fair value is recognized through "Transaction and operations support" in the Consolidated Statements of Operations in the period of change. See Not e 6 — Derivative Financial Instruments for additional disclosure.
Property, Plant and Equipment, Policy	Property and Equipment — Property and equipment includes computer hardware, computer software, signage, equipment at agent locations, office furniture and equipment and leasehold improvements and is stated at cost net of accumulated depreciation and amortization. Property and equipment is depreciated and amortized using a straight-line method over the useful life or term of the lease or license. The cost and related accumulated depreciation and amortization of assets sold or disposed of are removed from the financial statements, with the resulting gain or loss, if any, recognized within "Occupancy, equipment and supplies" in the Consolidated Statements of Operations. See Note 7 — Property and Equipment for additional disclosure. The following table summarizes the e stimated useful lives by major asset category: Type of Asset Useful Life Computer hardware 3 years Computer software 5 - 7 years Signage 3 years Equipment at agent locations 3 - 7 years Office furniture and equipment 7 years Leasehold improvements 10 years Tenant allowances for leasehold improvements are capitalized as leasehold improvements upon completion of the improvement and amortized over the shorter of the remaining term of the lease or 10 years. Computer software includes acquired and internally developed software. Property and equipment are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable by comparing the carrying value of the assets to the estimated future undiscounted cash flows to be generated by the asset. If an impairment is determined to exist for property and equipment, the carrying value of the asset is reduced to the estimated fair value.
Goodwill and Intangible Assets, Policy	Goodwill and Intangible Assets — Goodwill represents the excess of the purchase price over the fair value of net assets acquired in business combinations and is assigned to the reporting unit in which the acquired business will operate. Intangible assets are recorded at their estimated fair value at the date of acquisition. In the year following the period in which identified intangible assets become fully amortized, the fully amortized balances are removed from the gross asset and accumulated amortization amounts. Intangible assets with indefinite lives are not amortized. Intangible assets that are not amortized are evaluated for impairment on a quarterly basis. As of December 31, 2022 and 2021, the Company had no indefinite-lived intangible assets. Intangible assets with finite lives are tested for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable by comparing the carrying value of the assets to the estimated future undiscounted cash flows to be generated by the asset. If an impairment is determined to exist for intangible assets, the carrying value of the asset is reduced to the estimated fair value. Intangible assets with finite lives are amortized using a straight-line method over their respective useful lives as follows: Type of Intangible Asset Useful Life Contractual and customer relationships 3 - 15 years Non-compete agreements 3 - 5 years Developed technology 5 - 7 years Goodwill is not amortized but is instead subject to impairment testing. The Company evaluates its goodwill for impairment annually as of October 1 of each year or more frequently if impairment indicators arise in accordance with Accounting Standards Codification ("ASC") Topic 350, Intangibles - Goodwill and Other. When testing goodwill for impairment, the Company may elect to perform either a qualitative test or a quantitative test to determine if it is more likely than not that the carrying value of a reporting unit exceeds its estimated fair value. During a qualitative analysis, the Company considers the impact of any changes to the following factors: macroeconomic, industry and market factors, cost factors and changes in overall financial performance, as well as any other relevant events and uncertainties impacting a reporting unit. If the qualitative assessment does not conclude that it is more likely than not that the estimated fair value of the reporting unit is greater than the carrying value, the Company performs a quantitative analysis. In a quantitative test, the carrying value of the reporting unit is compared to its estimated fair value. If the fair value of a reporting unit exceeds its carrying amount, there is no impairment. If not, to the extent the carrying amount of the reporting unit exceeds its fair value, an impairment charge of the reporting unit's goodwill would be recognized; however, the loss recognized would not exceed the total amount of goodwill allocated to that reporting unit.
Long-Duration Contracts, Policy	Payments on Long-Term Contracts — The Company makes payments to certain agents and financial institution customers as an incentive to enter into long-term contracts. The payments, or signing bonuses, are generally required to be refunded pro rata in the event of nonperformance under, or cancellation of, the contract by the customer. Signing bonuses are viewed as prepaid commissions expense and are, therefore, capitalized and amortized over the life of the related contract. Amortization of signing bonuses on long-term contracts is recorded within "Fee and other commissions expense" in the Consolidated Statements of Operations. The carrying values of the signing bonuses are reviewed whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable.
Income Tax, Policy	Income Taxes — The provision for income taxes is computed based on the pre-tax income (loss) included in the Consolidated Statements of Operations. Deferred tax assets and liabilities are recorded based on the future tax consequences attributable to temporary differences that exist between the financial statement carrying value of assets and liabilities and their respective tax basis and operating loss and tax credit carry-forwards on a taxing jurisdiction basis. The Company measures deferred tax assets and liabilities using enacted statutory tax rates that will apply in the years in which the Company expects the temporary differences to be recovered or paid. The Company's ability to realize deferred tax assets depends on the ability to generate sufficient taxable income within the carry-back or carry-forward periods provided for in the tax law. The Company establishes valuation allowances for its deferred tax assets based on a more-likely-than-not threshold. To the extent management believes that recovery is not likely, a valuation allowance is established in the period in which the determination is made. The liability for unrecognized tax benefits is recorded as a non-cash item within "Accounts payable and other liabilities" on the Consolidated Balance Sheets. The Company records interest and penalties for unrecognized tax benefits within "Income tax (benefit) expense" in the Consolidated Statements of Operations. See Note 1 3 — Income Taxes for additional disclosure.
Stockholders' Equity, Policy	Treasury Stock — Repurchased common stock is stated at cost and is presented as a separate component of stockholders' deficit. See Note 1 1 — Stockholders' Deficit for additional disclosure.
Foreign Currency Transactions and Translations Policy	Non-U.S. Dollar Translation — The Company converts assets and liabilities of foreign operations to their U.S. dollar equivalents at rates in effect at the balance sheet dates and records the translation adjustments within "Accumulated other comprehensive loss" on the Consolidated Balance Sheets. Income statements of foreign operations are translated from the operation's functional currency to U.S. dollar equivalents at the average exchange rate for the month. Non-U.S. dollar exchange transaction gains and losses are reported within "Transaction and operations support" in the Consolidated Statements of Operations.
Revenue Recognition, Policy	Revenue Recognition — The Company earns revenues from consideration specified in contracts with customers and recognizes revenue when it satisfies its performance obligations by transferring control over its services and products to customers. Revenue is recognized net of any taxes collected from customers that are subsequently remitted to governmental authorities. The following is a description of the principal activities, separated by reporting segments, from which the Company generates revenues. For more information about the Company's reporting segments, see Note 1 6 — Segment Information For tabular revenue disclosures see No t e 1 7 — Revenue Recognition GFT Segment: Money transfer fee revenue — The Company earns money transfer revenues primarily from consumer transaction fees and the management of currency exchange spreads on money transfer transactions involving different "send" and "receive" currencies. Fees are collected from consumers at the time of transaction. In a cash-to-cash money transfer transaction, both the agent initiating the transaction and the receiving agent earn a commission that is generally a fixed fee or is based on a percentage of the fee charged to the consumer. When a money transfer transaction is initiated at a MoneyGram-owned store or via our online platform, typically only the receiving agent earns a commission. Each money transfer is considered a separate agreement between the Company and the consumer and includes only one performance obligation that is satisfied at a point in time, which is when the funds are made available for pick up. Money transfer funds are typically available for pick up within 24 hours of being sent. The consumer is in control of the service, as the consumer picks the "send" and "receive" locations as well as the transaction currency. Normally, the Company provides fee refunds to consumers only if the transaction is canceled within 30 minutes of initiating the transfer and the transfer amount has not been picked up by the Receiver. As such, fee refunds are accounted for within the same period as the origination of the transaction and no liability for the amount of expected returns is recorded on the Consolidated Balance Sheets. The Company recognizes revenues on a gross basis for money transfer services as the Company is considered the principal in these transactions. Under our loyalty programs for money transfer services, consumers earn rewards based on transaction frequency. In 2018, the Company introduced the MoneyGram Plus Rewards program, which allows members to earn discounts on future transactions. The MoneyGram Plus Rewards program activity for the years ended December 31, 2022 and 2021 was insignificant to the Company's results of operations. Bill payment services fee revenue — Bill payment revenues are earned primarily from fees charged to consumers for each transaction completed. Our primary bill payment service offering is our ExpressPayment service, which we offer at substantially all of our money transfer agent locations, at certain agent locations in select Caribbean and European countries and through our digital solutions. Through our bill payment services, consumers can complete urgent bill payments, pay routine bills, or load and reload prepaid debit cards with cash at an agent location or with a credit or debit card. We offer consumers same-day and two or three-day payment service options; the service option is dependent upon our agreement with the biller. Each bill payment service is considered a separate agreement with the consumer and includes only one performance obligation that is satisfied at a point in time, when the funds are transferred to the designated institution, which is generally within the same day. The consumer is in control of the service, as the consumer picks out the "send" location and time. MoneyGram does not offer refunds for bill payment services and revenue is recognized on a gross basis as the Company is considered the principal in these transactions. Other revenue — Includes breakage income, fees from royalties, contract terminations, insufficient funds and other one-time charges. The Company recognizes breakage revenue for unclaimed money transfers when the likelihood of consumer pick-up becomes remote based on historical experience and there is no requirement for remitting balances to government agencies. FPP Segment: Money order fee revenue — Consumers use our money orders to make payments in lieu of cash or personal checks. We generate revenue from money orders by charging per item and other fees, as well as from the investment of funds underlying outstanding money orders. The Company contracts with agents and/or financial institutions for this product and associated services. We sell money orders under the MoneyGram brand and on a private label or on a co-branded basis with certain agents and financial institutions in the U.S. The Company recognizes revenue when an agent sells a money order because the funds are immediately made available to the consumer. As such, each sale of a money order and related service is considered a separate performance obligation that is satisfied at a point in time. Official check outsourcing services fee revenue — Official checks are used by consumers where a payee requires a check drawn on a bank. Financial institutions also use official checks to pay their own obligations. Like money orders, the Company generates revenue from official check outsourcing services through U.S. banks and credit unions by charging per item and other fees, as well as from the investment of funds underlying outstanding official checks. The Company's consumer for official checks is considered the financial institution. The official checks services and products are considered a bundle of services and products that are provided to the financial institution on an ongoing basis. As such, revenue from these services is recognized on a monthly basis. Revenue corresponds directly with the value of MoneyGram's services and/or products completed to date and for which the Company has a right to invoice. Monthly revenue may vary based on the number of official checks issued and other ancillary services provided to the financial institution. Other revenue — Includes fees from money order service revenue, proof adjustments, early contract terminations, money order photo and replacement fees and other one-time charges. The Company recognizes service revenue from money orders that have not been redeemed within a one-year period from issuance. Proof adjustment fees are generally unresolved and not recouped as they pertain to immaterial bank variances. The Company recognizes as revenue the net proof adjustments amount on a monthly basis. Investment Revenue — Investment revenue, which is not within the scope of ASC Topic 606 per ASC 606-10-15-2, is earned from the investment of funds generated from the sale of payment instruments, primarily official checks and money orders and consists of interest income, dividend income, income received on our cost recovery securities and amortization of premiums and discounts. Investment revenue varies depending on the level of investment balances and the yield on our investments.
Commissions Expense, Policy	Commissions and Other Fee Expense — The Company incurs fee commissions primarily related to our GFT services. In a money transfer transaction, both the agent initiating the transaction and the receiving agent earn a commission that is generally either a fixed fee or is based on a percentage of the fee charged to the consumer. The agent initiating the transaction and the receiving agent also earn non-U.S. dollar exchange commissions, which are generally based on a percentage of the non-U.S. dollar exchange spread. In a bill payment transaction, the agent initiating the transaction receives a commission that is generally based on a percentage of the fee charged to the consumer and, in limited circumstances, the biller receives a commission that is based on a percentage of the fee charged to the consumer. The Company generally does not pay commissions to agents on the sale of money orders, except, in certain limited circumstances, for large agents where we may pay a fixed commission based on total money order transactions.
Investment Commissions Expense Policy	Investment Commissions Expense — Investment commissions expense consists of amounts paid to financial institution customers based on short-term interest rate indices times the average outstanding cash balances of official checks sold by the financial institution. Investment commissions are recognized each month based on the average outstanding balances of each financial institution customer and their contractual variable rate for that month.
Selling, General and Administrative Expenses, Policy	Direct Transaction Expense — Direct transaction expense includes expenses related to the processing of money transfers, such as customer authentication and funding costs.
Advertising Cost, Policy		Marketing and Advertising Expense — Marketing and advertising costs are expensed as incurred or at the time the advertising first takes place and are recorded in the "Transaction and operations support" line in the Consolidated Statements of Operations. Marketing and advertising expense was $39.4 million, $27.7 million and $16.2 million for 2022, 2021 and 2020, respectively.
Share-based Compensation, Option and Incentive Plans Policy	Stock-Based Compensation — Stock-based compensation awards are measured at fair value at the date of grant and expensed using the straight-line method over their vesting or service periods. For grants to employees, expense, net of estimated forfeitures, is recognized in the "Compensation and benefits" line and expense for grants to non-employee directors is recorded in the "Transaction and operations support" line in the Consolidated Statements of Operations. The Company accounts for modifications to its share-based payment awards in accordance with the provisions of ASC Topic 718, Compensation - Stock Compensation. Incremental compensation cost is measured as the excess, if any, of the fair value of the modified award over the fair value of the original award immediately before its terms are modified, measured based on the share price and other pertinent factors at that date and is recognized as compensation cost on the date of modification (for vested awards) or over the remaining vesting or service period (for unvested awards). Any unrecognized compensation cost remaining from the original award is recognized over the vesting period of the modified award. See Note 1 2 — Stock-Based Compensation for additional disclosure of the Company's stock-based compensation.
Earnings Per Share, Policy	Earnings Per Share — For all periods in which they are outstanding, the Series D Participating Convertible Preferred Stock (the "D Stock") and the warrants issued by the Company in connection with the entry into the Second Lien Credit Agreement ("Second Lien Warrants") are included in the weighted-average number of common shares outstanding utilized to calculate basic earnings per common share because the D Stock is deemed a common stock equivalent and the Second Lien Warrants are considered outstanding common shares.
New Accounting Pronouncements, Policy	Recently Adopted Accounting Standards — In May 2021, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2021-04, Earnings Per Share (Topic 260), Debt—Modifications and Extinguishments (Subtopic 470-50), Compensation—Stock Compensation (Topic 718), and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (a consensus of the FASB Emerging Issues Task Force) . The ASU clarifies and reduces diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options, warrants for instance, that remain equity classified after modification or exchange. The ASU provides guidance that will clarify whether an issuer should account for a modification or an exchange of a freestanding equity-classified written call option that remains equity classified after modification or exchange as (1) an adjustment to equity and, if so, the related earnings per share effects, if any, or (2) an expense and, if so, the manner and pattern of recognition. The new guidance is effective for annual and interim periods beginning after December 15, 2021, and early adoption is permitted, including adoption in an interim period. The adoption of ASU 2021-04 did not have a material impact on our Consolidated Financial Statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments in this ASU provide, if certain criteria are met, optional expedients and exceptions for applying the U.S. GAAP requirements for contract modifications, hedging relationships and sales or transfers of debt securities that reference the London Interbank Offered Rate ("LIBOR") or another reference rate expected to be discontinued because of reference rate reform through December 31, 2022. The adoption of this ASU is optional and the election can be made anytime during the effective period. The amendments in this ASU are effective as of March 12, 2020 through December 31, 2022. The adoption of ASU 2020-04 did not have a material impact on our Consolidated Financial Statements. Recently Issued Accounting Standards and Related Developments Not Yet Adopted — In August 2020, the FASB issued ASU 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity . This ASU changes how entities account for convertible instruments and contracts in an entity's own equity and simplifies the accounting for convertible instruments by removing certain separation models for convertible instruments. This ASU also modifies the guidance on diluted earnings per share calculations. The amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. We do not believe the adoption of ASU 2020-06 will have a material impact on our Consolidated Financial Statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The new credit impairment standard changes the impairment model for most financial assets and certain other instruments. For trade and other receivables, held-to-maturity debt securities, loans and other instruments, entities will be required to use a new forward-looking expected loss model that generally will result in the earlier recognition of allowances for credit losses. For available-for-sale debt securities with unrealized losses, entities will measure credit losses in a manner similar to what they do today, except that the losses will be recognized as allowances rather than as reductions in the amortized cost of the securities. To further assist with adoption and implementation of ASU 2016-13, the FASB issued the following ASUs: • ASU 2018-19 (Issued November 2018) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses • ASU 2019-04 (Issued April 2019) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments • ASU 2019-05 (Issued May 2019) — Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief • ASU 2019-10 (Issued November 2019) — Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates • ASU 2019-11 (Issued November 2019) — Codification Improvements to Topic 326, Financial Instruments - Credit Losses • ASU 2020-02 (Issued February 2020) — Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842) (SEC Update) • ASU 2020-03 (Issued March 2020) — Codification Improvements to Financial Instruments • ASU 2022-02 (Issued March 2022) — Financial Instruments - Credit Losses (Topic 326): Trouble Debt Restructurings and Vintage Disclosures

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Allowance for Credit Losses on Financing Receivables	The following summary details the activity within the allowance for credit losses for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 6.7 $ 9.5 $ 4.6 Provision 13.3 11.1 14.3 Write-offs, net of recoveries (13.9) (13.9) (9.4) Ending balance $ 6.1 $ 6.7 $ 9.5
Property, Plant and Equipment	The following table summarizes the e stimated useful lives by major asset category: Type of Asset Useful Life Computer hardware 3 years Computer software 5 - 7 years Signage 3 years Equipment at agent locations 3 - 7 years Office furniture and equipment 7 years Leasehold improvements 10 years The following table is a summary of "Property and equipment, net" as of December 31: (Amounts in millions) 2022 2021 Computer hardware and software $ 476.2 $ 529.9 Signage 41.6 50.6 Equipment at agent locations 47.9 50.2 Office furniture and equipment 11.6 19.5 Leasehold improvements 21.1 22.1 Total property and equipment 598.4 672.3 Accumulated depreciation and amortization (463.9) (538.4) Total property and equipment, net $ 134.5 $ 133.9
Schedule of Finite-Lived Intangible Assets	Intangible assets with finite lives are amortized using a straight-line method over their respective useful lives as follows: Type of Intangible Asset Useful Life Contractual and customer relationships 3 - 15 years Non-compete agreements 3 - 5 years Developed technology 5 - 7 years 2022 2021 (Amounts in millions) Gross Accumulated Net Gross Accumulated Net Contractual and customer relationships $ 3.5 $ (3.5) $ — $ 4.1 $ (3.7) $ 0.4 Developed technology — — — 0.6 (0.6) — Total finite-intangible assets $ 3.5 $ (3.5) $ — $ 4.7 $ (4.3) $ 0.4
Schedule of Earnings Per Share, Basic and Diluted	The following table is a reconciliation of the weighted-average share amounts used in calculating earnings (loss) per common share for the years ended December 31: (Amounts in millions) 2022 2021 2020 Basic and diluted common shares outstanding 96.4 89.7 77.8 Shares related to restricted stock units 3.7 — — Diluted common shares outstanding 100.1 89.7 77.8
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table summarizes the weighted-average potential common shares excluded from diluted earnings (loss) per common share as their effect would be anti-dilutive: (Amounts in millions) 2022 2021 2020 Shares related to stock options 0.1 0.2 0.3 Shares related to restricted stock units — 4.2 4.5 Shares related to Ripple Warrants — 1.1 6.0 Shares excluded from the computation 0.1 5.5 10.8

Settlement Assets and Payment_2

Settlement Assets and Payment Service Obligations (Tables)	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets and Other Liabilities	The following table summarizes the amount of settlement assets and payment service obligations as of December 31: (Amounts in millions) 2022 2021 Settlement assets: Settlement cash and cash equivalents $ 1,499.1 $ 1,895.7 Receivables, net 1,107.0 700.4 Interest-bearing investments 998.1 992.3 Available-for-sale investments 3.0 3.0 $ 3,607.2 $ 3,591.4 Payment service obligations $ (3,607.2) $ (3,591.4)

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Financial Assets Measured at Fair Value by Hierarchy Level	The following table summarizes the Company's financial assets and liabilities measured at fair value by hierarchy level on a recurring basis: (Amounts in millions) Level 2 Level 3 Total December 31, 2022 Financial assets: Available-for-sale investments: Residential mortgage-backed securities $ 1.5 $ — $ 1.5 Asset-backed and other securities — 1.5 1.5 Forward contracts 5.2 — 5.2 Total financial assets $ 6.7 $ 1.5 $ 8.2 Financial liabilities: Forward contracts $ 3.3 $ — $ 3.3 December 31, 2021 Financial assets: Available-for-sale investments: Residential mortgage-backed securities $ 2.3 $ — $ 2.3 Asset-backed and other securities — 0.7 0.7 Forward contracts 0.1 — 0.1 Total financial assets $ 2.4 $ 0.7 $ 3.1 Financial liabilities: Forward contracts $ 0.2 $ — $ 0.2
Roll-Forward of Other Asset-Backed Securities	The following table provides a roll-forward of the asset-backed and other securities classified as Level 3, which are measured at fair value on a recurring basis for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 0.7 $ 0.5 $ 0.9 Change in unrealized gains (losses) 0.8 0.2 (0.4) Ending balance $ 1.5 $ 0.7 $ 0.5
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The following table provides the carrying value and fair value for the credit facilities and the senior secured notes as of December 31: (Amounts in millions) 2022 2021 Carrying value Fair value Carrying value Fair value Term Loan $ 380.0 $ 378.6 $ 384.0 $ 383.5 Senior Secured Notes $ 415.0 $ 420.2 $ 415.0 $ 421.2

Investment Portfolio (Tables)

Investment Portfolio (Tables)	12 Months Ended
	Dec. 31, 2022
Investments [Abstract]
Components of Investment Portfolio	The following table shows the components of the investment portfolio as of December 31: (Amounts in millions) 2022 2021 Cash and cash equivalents and settlement cash and cash equivalents $ 1,671.2 $ 2,050.9 Interest-bearing investments 998.1 992.3 Available-for-sale investments 3.0 3.0 Total investment portfolio $ 2,672.3 $ 3,046.2
Debt Securities, Available-for-sale	The following table is a summary of the amortized cost and fair value of available-for-sale investments: (Amounts in millions) Amortized Gross Gross Fair December 31, 2022 Residential mortgage-backed securities $ 1.5 $ — $ — $ 1.5 Asset-backed and other securities — 1.5 — 1.5 Total $ 1.5 $ 1.5 $ — $ 3.0 December 31, 2021 Residential mortgage-backed securities $ 2.1 $ 0.2 $ — $ 2.3 Asset-backed and other securities — 0.7 — 0.7 Total $ 2.1 $ 0.9 $ — $ 3.0
Schedule of Investment Ratings	Investment grade is defined as a security having a Moody's equivalent rating of Aaa, Aa, A or Baa or an S&P or Fitch equivalent rating of AAA, AA, A or BBB. The Company's investments consisted of the following ratings as of December 31: 2022 2021 (Dollar amounts in millions) Number of Fair Percent of Number of Fair Percent of Investment grade 9 $ 1.5 50 % 9 $ 2.3 78 % Below investment grade 33 1.5 50 % 33 0.7 22 % Total 42 $ 3.0 100 % 42 $ 3.0 100 %

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instrument Detail [Abstract]
Summary of Gains (Losses) Related to Assets and Liabilities Denominated in Foreign Currencies	The following net gains (losses) related to assets and liabilities denominated in non-U.S. dollar are included in "Transaction and operations support" in the Consolidated Statements of Operations and in the "Net cash provided by operating activities" line in the Consolidated Statements of Cash Flows: (Amounts in millions) 2022 2021 2020 Net realized non-U.S. dollar (loss) gain $ (38.2) $ (20.4) $ 26.6 Net gain (loss) from the related forward contracts 39.8 18.4 (11.9) Net gain (loss) from the related forward contracts $ 1.6 $ (2.0) $ 14.7
Fair Values of Derivative Forward Contract Instruments	As of December 31, 2022 and 2021, the Company reflects the following fair values of derivative forward contract instruments in its Consolidated Balance Sheets on a net basis, allowing for the right of offset by counterparty and cash collateral: (Amounts in millions) Gross Amount of Recognized Assets Gross Amount of Offset Cash Collateral Posted Net Amount of Assets Presented on the Consolidated Balance Sheets Balance Sheet Location 2022 2021 2022 2021 2022 2021 2022 2021 "Other assets" $ 1.8 $ 0.4 $ (1.6) $ (0.3) $ 5.0 $ — $ 5.2 $ 0.1 (Amounts in millions) Gross Amount of Recognized Liabilities Gross Amount of Offset Cash Collateral Received Net Amount of Liabilities Presented on the Consolidated Balance Sheets Balance Sheet Location 2022 2021 2022 2021 2022 2021 2022 2021 "Accounts payable and other liabilities" $ 4.9 $ 0.6 $ (1.6) $ (0.4) $ — $ — $ 3.3 $ 0.2

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Components of Property and Equipment	The following table summarizes the e stimated useful lives by major asset category: Type of Asset Useful Life Computer hardware 3 years Computer software 5 - 7 years Signage 3 years Equipment at agent locations 3 - 7 years Office furniture and equipment 7 years Leasehold improvements 10 years The following table is a summary of "Property and equipment, net" as of December 31: (Amounts in millions) 2022 2021 Computer hardware and software $ 476.2 $ 529.9 Signage 41.6 50.6 Equipment at agent locations 47.9 50.2 Office furniture and equipment 11.6 19.5 Leasehold improvements 21.1 22.1 Total property and equipment 598.4 672.3 Accumulated depreciation and amortization (463.9) (538.4) Total property and equipment, net $ 134.5 $ 133.9

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Intangible assets with finite lives are amortized using a straight-line method over their respective useful lives as follows: Type of Intangible Asset Useful Life Contractual and customer relationships 3 - 15 years Non-compete agreements 3 - 5 years Developed technology 5 - 7 years 2022 2021 (Amounts in millions) Gross Accumulated Net Gross Accumulated Net Contractual and customer relationships $ 3.5 $ (3.5) $ — $ 4.1 $ (3.7) $ 0.4 Developed technology — — — 0.6 (0.6) — Total finite-intangible assets $ 3.5 $ (3.5) $ — $ 4.7 $ (4.3) $ 0.4

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The following is a summary of the Company's outstanding debt as of December 31: (Amounts in millions, except percentages) 2022 2021 8.57% Term Loan due 2026 $ 380.0 $ 384.0 5.375% Senior Secured Notes due 2026 415.0 415.0 Total debt at face value 795.0 799.0 Unamortized debt issuance costs and debt discounts (9.6) (12.3) Total debt, net $ 785.4 $ 786.7

Pension and Other Benefits (Tab

Pension and Other Benefits (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of Assumptions Used	The measurement date for the Company's Pension and Postretirement Benefits is December 31. The following table is a summary of the weighted-average actuarial assumptions used in calculating net periodic benefit expense (income) and the benefit obligation for the years ended and as of December 31: Pension Plan SERPs Postretirement Benefits 2022 2021 2020 2022 2021 2020 2022 2021 2020 Net periodic benefit expense (income): Discount rate for benefit obligation 2.86 % 2.51 % 3.23 % 2.81 % 2.41 % 3.18 % 2.95 % 2.64 % 3.33 % Discount rate for interest cost 2.33 % 1.86 % 2.83 % 2.16 % 1.62 % 2.70 % 2.22 % 1.74 % 2.77 % Expected return on plan assets 2.76 % 1.80 % 2.07 % — — — — — — Cash balance interest crediting rate 1.92 % 1.36 % 1.73 % — — — — — — Rate of compensation increase — — — 5.75 % 5.75 % 5.75 % — — — Medical trend rate: Pre-65 initial healthcare cost trend rate — — — — — — 6.38 % 6.46 % 6.79 % Post-65 initial healthcare cost trend rate — — — — — — 6.64 % 7.08 % 7.51 % Pre and post-65 ultimate healthcare cost trend rate — — — — — — 4.50 % 4.50 % 4.50 % Year ultimate healthcare cost trend rate is reached for pre/post-65, respectively — — — — — — 2030 2028 2025 Benefit obligation: Discount rate 5.17 % 2.86 % 2.51 % 5.15 % 2.81 % 2.41 % 5.22 % 2.95 % 2.64 % Cash balance interest crediting rate 3.13 % 1.92 % 1.36 % — — — — — — Rate of compensation increase — — — 5.75 % 5.75 % 5.75 % — — — Medical trend rate: Pre-65 initial healthcare cost trend rate — — — — — — 6.87 % 6.38 % 6.46 % Post-65 initial healthcare cost trend rate — — — — — — 7.26 % 6.64 % 7.08 % Pre and post-65 ultimate healthcare cost trend rate — — — — — — 4.50 % 4.50 % 4.50 % Year ultimate healthcare cost trend rate is reached for pre/post-65 — — — — — — 2031 2030 2028
Schedule of Allocation of Plan Assets	The following table is a summary of the Pension Plan's financial assets recorded at fair value, by hierarchy level: (Amounts in millions) Level 3 Total December 31, 2022 Real estate $ 4.5 $ 4.5 Total investments in the fair value hierarchy 4.5 4.5 Investments measured at net asset value (1) 30.9 Total financial assets $ 35.4 December 31, 2021 Real estate $ 4.2 $ 4.2 Total investments in the fair value hierarchy 4.2 4.2 Investments measured at net asset value (1) 41.1 Total financial assets $ 45.3 (1) Common/collective trusts investments and money market funds that are measured at fair value using the net asset value per share practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the total fair value of plan assets presented in the summary of plan assets further below.
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share	The following table sets forth additional disclosures for the Pension Plan assets fair value estimated using net asset value per share: (Amounts in millions) Fair Value Redemptions Frequency (if currently eligible) Redemption Notice Period December 31, 2022 Money market fund $ 0.9 Daily Same day Multi-asset credit fund 0.4 Monthly 10 Days Equity and fixed income securities 29.6 Daily 15 Days Investments measured at net asset value $ 30.9 December 31, 2021 Money market fund $ 0.9 N/A N/A Multi-asset credit fund 0.8 Monthly 10 Days Equity and fixed income securities 39.4 Daily 15 Days Investments measured at net asset value $ 41.1
Schedule of Net Periodic Benefit Expense (Income)	Pension Postretirement Benefits (Amounts in millions) 2022 2021 2020 2022 2021 2020 Interest cost $ 2.4 $ 2.0 $ 3.1 $ — $ — $ — Expected return on plan assets (1.2) (0.7) (0.8) 0.1 — — Amortization of net actuarial loss 2.3 2.4 2.0 — 0.1 0.1 Settlement gain (0.5) — — — — — Amortization of prior service cost — — 0.1 — — — Net periodic benefit expense $ 3.0 $ 3.7 $ 4.4 $ 0.1 $ 0.1 $ 0.1
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)	The following tables are a summary of the amounts recognized in other comprehensive income (loss) and net periodic benefit expense for the years ended December 31: (Amounts in millions) Pension Postretirement 2022 Net actuarial gain $ (7.3) $ — Amortization of net actuarial loss (2.3) — Settlement gain 0.5 — Total recognized in other comprehensive loss (9.1) — Total recognized in net periodic benefit expense 3.0 0.1 Total recognized in other comprehensive loss and net periodic benefit expense $ (6.1) $ 0.1 2021 Net actuarial gain $ (1.8) $ — Amortization of net actuarial loss (2.4) (0.1) Total recognized in other comprehensive loss (4.2) (0.1) Total recognized in net periodic benefit expense 3.7 0.1 Total recognized in other comprehensive loss and net periodic benefit expense $ (0.5) $ — 2020 Net actuarial loss (gain) 4.5 (0.1) Amortization of net actuarial loss (2.0) (0.1) Amortization of prior service cost (0.1) — Total recognized in other comprehensive income 2.4 (0.2) Total recognized in net periodic benefit expense 4.4 0.1 Total recognized in other comprehensive income and net periodic benefit expense $ 6.8 $ (0.1)
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets	The following table is a summary of the unfunded status of the Pension and Postretirement Benefits, which is recorded within "Pension and other postretirement benefits" on the Consolidated Balance Sheets and changes to the benefit obligation and plan assets as of and for the years ended December 31: Pension Postretirement Benefits Total (Amounts in millions) 2022 2021 2022 2021 2022 2021 Change in benefit obligation: Benefit obligation at the beginning of the year $ 111.9 $ 120.1 $ 0.6 $ 0.6 $ 112.5 $ 120.7 Interest cost 2.4 2.0 — — 2.4 2.0 Actuarial (gain) loss (18.6) (2.6) 0.1 — (18.5) (2.6) Benefits paid (7.3) (7.6) (0.2) — (7.5) (7.6) Benefit obligation at the end of the year 88.4 111.9 0.5 0.6 88.9 112.5 Change in plan assets: Fair value of plan assets at the beginning of the year 45.4 46.2 — — 45.4 46.2 Actual return on plan assets (10.0) (0.1) — — (10.0) (0.1) Employer contributions 7.5 6.9 0.2 — 7.7 6.9 Benefits paid (7.3) (7.6) (0.2) — (7.5) (7.6) Fair value of plan assets at the end of the year 35.6 45.4 — — 35.6 45.4 Unfunded status at the end of the year $ 52.8 $ 66.5 $ 0.5 $ 0.6 $ 53.3 $ 67.1
Schedule of Amounts Recognized in Balance Sheet	The following table summarizes the components recognized in "Accumulated other comprehensive loss" in the stockholders' deficit section of the Consolidated Balance Sheets relating to the Pension and Postretirement Benefits as of December 31: Pension Postretirement Benefits Total (Amounts in millions) 2022 2021 2022 2021 2022 2021 Accumulated other comprehensive loss: Net actuarial loss, net of tax $ 28.1 $ 35.2 $ 0.3 $ 0.2 $ 28.4 $ 35.4
Schedule of Accumulated and Projected Benefit Obligations	The following table summarizes the accumulated benefit obligation for the Pension and Postretirement Benefits fair value of plan assets as of December 31: Pension Postretirement Benefits (Amounts in millions) 2022 2021 2022 2021 Accumulated benefit obligation $ 88.4 $ 111.9 $ 0.5 $ — Fair value of plan assets $ 35.6 $ 45.4 $ — $ —
Schedule of Expected Benefit Payments	The following table summarizes the estimated future benefit payments for the Pension and Postretirement Benefits for the years ended December 31: (Amounts in millions) 2023 2024 2025 2026 2027 2028-2032 Pension $ 8.4 $ 7.2 $ 7.2 $ 7.2 $ 7.1 $ 32.1 Postretirement benefits — — — — — 0.1

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of Activity of Company's Authorized Issued and Outstanding	The following table is a summary of the Company's authorized, issued and outstanding stock as of December 31, 2022: Common Stock Authorized Issued Outstanding Treasury January 1, 2020 162,500,000 65,061,090 62,731,184 2,329,906 Release for restricted stock units — 56,358 876,121 819,763 Preferred stock - series D conversion — 7,413,322 8,910,234 1,496,912 December 31, 2020 162,500,000 72,530,770 72,517,539 13,231 ATM equity offering — 10,441,111 10,441,111 — Exercise of Ripple Warrants — 5,948,895 5,948,895 — Release for restricted stock units — 2,419,079 1,877,434 541,645 Exercise of Second Lien Warrants — 965,156 964,212 944 Stock repurchases — — (1,023,209) 1,023,209 December 31, 2021 162,500,000 92,305,011 90,725,982 1,579,029 Exercise of lender warrants — 4,458,314 4,454,159 4,155 Release for restricted stock units — 2,200,740 1,446,291 754,449 December 31, 2022 162,500,000 98,964,065 96,626,432 2,337,633
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table details the components and changes of "Accumulated other comprehensive loss" as of and for the years ended:
Summary of Changes to Accumulated Other Comprehensive Loss By Component	(Amounts in millions) Net Unrealized Gains on Securities Classified as Available-for-sale, Net of Tax Cumulative non-U.S. dollar Translation Adjustments, Net of Tax Pension and Postretirement Benefits Adjustment, Net of Tax Total January 1, 2020 $ 1.6 $ (28.1) $ (37.0) $ (63.5) Other comprehensive loss before reclassification (0.4) 7.2 (3.4) 3.4 Amounts reclassified from accumulated other comprehensive loss — — 1.7 1.7 Net current year other comprehensive income (0.4) 7.2 (1.7) 5.1 December 31, 2020 1.2 (20.9) (38.7) (58.4) Other comprehensive income before reclassification 0.3 (8.0) 1.4 (6.3) Amounts reclassified from accumulated other comprehensive loss — — 1.9 1.9 Net current year other comprehensive income 0.3 (8.0) 3.3 (4.4) December 31, 2021 1.5 (28.9) (35.4) (62.8) Other comprehensive loss before reclassification 0.7 (9.8) 5.6 (3.5) Amounts reclassified from accumulated other comprehensive loss — — 1.4 1.4 Net current year other comprehensive loss 0.7 (9.8) 7.0 (2.1) December 31, 2022 $ 2.2 $ (38.7) $ (28.4) $ (64.9)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock Option Activity	The following table is a summary of the Company's stock option activity for the year ended December 31, 2022: Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Options outstanding at December 31, 2021 131,153 $ 17.54 1.4 years $ — Forfeited/Expired (20,378) $ 17.74 Options outstanding, vested or expected to vest, 110,775 $ 17.51 0.6 years $ —
Summary of Restricted Stock Unit Activity	The following table is a summary of the Company's restricted stock unit activity as of December 31, 2022: Total Weighted-Average Grant-Date Fair Value Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Restricted stock units outstanding at December 31, 2021 4,104,547 $ 3.82 0.86 years $ 32.4 Granted 1,777,010 10.67 Vested (2,200,740) 4.63 Forfeited (7,302) 7.07 Restricted stock units outstanding at December 31, 2022 3,673,515 $ 7.45 0.78 years $ 40.0 Restricted stock units vested and deferred at December 31, 2022 174,827 $ 4.15 $ 1.9
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The following table is a summary of the Company's restricted stock unit compensation information for the years ended December 31: (Amounts in millions) 2022 2021 2020 Weighted-average grant-date fair value of restricted stock units vested during the year $ 10.2 $ 7.0 $ 7.5 Total intrinsic value of vested and converted shares $ 23.3 $ 16.1 $ 2.9

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The following table is a summary of the components of income (loss) before income taxes for the years ended December 31: (Amounts in millions) 2022 2021 2020 U.S. $ 33.4 $ (49.8) $ (0.3) Foreign 6.4 6.2 6.4 Income (loss) before income taxes $ 39.8 $ (43.6) $ 6.1
Schedule of Components of Income Tax Expense (Benefit)	Foreign income consists of income from the Company's international subsidiaries. Most of the Company's wholly-owned subsidiaries recognize revenue based solely on services agreements with the primary U.S. operating subsidiary. The following table is a summary of the income tax expense (benefit) for the years ended December 31: (Amounts in millions) 2022 2021 2020 Current: Federal $ 2.2 $ 0.1 $ (1.4) State (2.4) (2.7) 2.1 Foreign 4.6 5.7 4.2 Current income tax expense 4.4 3.1 4.9 Deferred: Federal 2.3 (6.6) 7.1 State (0.9) (0.3) 1.9 Foreign (0.2) (1.9) 0.1 Deferred income tax expense (benefit) 1.2 (8.8) 9.1 Income tax expense (benefit) $ 5.6 $ (5.7) $ 14.0
Schedule of Effective Income Tax Rate Reconciliation	The following table is a reconciliation of the expected federal income tax (benefit) expense at statutory rates to the actual income tax (benefit) expense for the years ended in December 31: (Amounts in millions) 2022 2021 2020 Income tax expense (benefit) at statutory federal income tax rate $ 8.4 $ (9.2) $ 1.3 Tax effect of: State income tax, net of federal income tax effect (0.4) (0.6) (0.4) Valuation allowances (2.9) 1.7 12.0 International taxes 2.0 1.0 1.5 Other net permanent differences 3.1 5.3 1.8 U.S. general business credits (3.1) (2.6) (3.6) Change in unrecognized tax benefits (1.5) (1.7) 2.4 Stock-based compensation (0.7) (0.3) 0.7 BEAT — — (0.6) U.S. taxation of foreign earnings 0.3 0.5 (1.1) Other 0.4 0.2 — Income tax expense (benefit) $ 5.6 $ (5.7) $ 14.0
Schedule of Deferred Tax Assets and Liabilities	The following table is a summary of the Company's deferred tax assets and liabilities as of December 31: (Amounts in millions) 2022 2021 Deferred tax assets: Basis difference in revalued investments $ 50.2 $ 50.4 Tax loss carryovers 16.6 22.5 Tax credit carryovers 13.6 17.7 Postretirement benefits and other employee benefits 1.7 5.4 Bad debt and other reserves 1.4 1.6 Lease liabilities 8.8 10.9 Depreciation & amortization 20.6 12.3 Interest expense carryovers 14.2 16.3 Other 4.2 5.4 Valuation allowances (76.8) (82.0) Total deferred tax assets 54.5 60.5 Deferred tax liability: Depreciation and amortization and other (63.8) (64.0) Lease right-of-use assets (8.1) (10.2) Total deferred tax liability (71.9) (74.2) Net deferred tax liability $ (17.4) $ (13.7)
Summary of Operating Loss Carryforwards and Tax Credit Carryforwards Expirations	The following table is a summary of the amounts and expiration dates of tax loss carry-forwards (not tax effected), credit carry-forwards and other expense carry-forwards (not tax effected) as of December 31, 2022: (Amounts in millions) Expiration Amount U.S. capital loss carry-forwards 2023 - 2026 $ 43.1 U.S. net operating loss carry-forwards 2025 - Indefinite $ 1.8 U.S. tax credit carry-forwards 2024- 2042 $ 13.6 U.S. interest expense carry-forwards Indefinite $ 64.4
Schedule of Unrecognized Tax Benefit Roll Forward	The following table is a reconciliation of unrecognized tax benefits for the years ended December 31: (Amounts in millions) 2022 2021 2020 Beginning balance $ 14.7 $ 19.7 $ 18.2 Additions based on tax positions related to prior years 0.3 1.5 0.9 Additions based on tax positions related to current year 0.8 0.6 0.6 Settlements with cash or attributes (4.8) (2.3) — Reductions for tax positions of prior years and other (1.9) (4.8) — Ending balance $ 9.1 $ 14.7 $ 19.7

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table is a reconciliation of the weighted-average share amounts used in calculating earnings (loss) per common share for the years ended December 31: (Amounts in millions) 2022 2021 2020 Basic and diluted common shares outstanding 96.4 89.7 77.8 Shares related to restricted stock units 3.7 — — Diluted common shares outstanding 100.1 89.7 77.8
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table summarizes the weighted-average potential common shares excluded from diluted earnings (loss) per common share as their effect would be anti-dilutive: (Amounts in millions) 2022 2021 2020 Shares related to stock options 0.1 0.2 0.3 Shares related to restricted stock units — 4.2 4.5 Shares related to Ripple Warrants — 1.1 6.0 Shares excluded from the computation 0.1 5.5 10.8

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Revenue by Segment	The following table is a summary of the total revenue by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT revenue Money transfer revenue $ 1,190.3 $ 1,189.2 $ 1,104.7 Bill payment revenue 35.6 39.6 46.2 Total GFT revenue 1,225.9 1,228.8 1,150.9 FPP revenue Money order revenue 44.1 40.9 43.4 Official check revenue 40.1 13.9 22.9 Total FPP revenue 84.2 54.8 66.3 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2 The following table is a summary of the gross profit by segment and detail of the income (loss) before income taxes for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT gross profit $ 557.7 $ 545.6 $ 501.6 FPP gross profit (1) 62.2 53.9 62.6 Total gross profit 619.9 599.5 564.2 Total operating expenses 526.7 525.8 461.2 Total operating income 93.2 73.7 103.0 Interest expense 49.4 69.5 92.4 Loss on early extinguishment of debt — 44.1 — Other non-operating expense 4.0 3.7 4.5 Income (loss) before income taxes $ 39.8 $ (43.6) $ 6.1
Reconciliation of Depreciation, Amortization and Capital Expenditures from Segments to Consolidated	The following table is a summary of depreciation and amortization expense by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT $ 46.6 $ 51.3 $ 57.3 FPP 5.1 5.7 7.1 Total depreciation and amortization $ 51.7 $ 57.0 $ 64.4
Schedule of Capital Expenditures from Segments to Consolidated	The following table is a summary of capital expenditures by segment for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT $ 47.1 $ 38.3 $ 31.5 FPP 5.2 4.3 3.9 Total capital expenditures $ 52.3 $ 42.6 $ 35.4
Assets by Segment	The following table sets forth assets by segment as of December 31: (Amounts in millions) 2022 2021 GFT $ 1,412.6 $ 1,269.5 FPP 3,066.0 3,169.8 Other 26.6 37.2 Total assets $ 4,505.2 $ 4,476.5
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area	The following table details total revenue by major geographic area for the years ended December 31: (Amounts in millions) 2022 2021 2020 U.S. $ 544.7 $ 543.9 $ 543.8 International 765.4 739.7 673.4 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Summary of Revenue Streams	The following table is a summary of the Company's revenue streams disaggregated by services and products for each segment and timing of revenue recognition for such services and products excluding other revenue for the years ended December 31: (Amounts in millions) 2022 2021 2020 GFT revenue Money transfer fee revenue $ 1,151.0 $ 1,160.0 $ 1,083.4 Bill payment services fee revenue 35.6 40.5 46.2 Other revenue 39.3 28.3 21.3 Total GFT fee and other revenue $ 1,225.9 $ 1,228.8 $ 1,150.9 FPP revenue Money order fee revenue 5.4 6.3 7.3 Official check outsourcing services fee revenue 6.7 7.1 7.4 Other revenue 34.2 33.6 31.6 Total FPP fee and other revenue 46.3 47.0 46.3 Investment revenue 37.9 7.8 20.0 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2 Timing of revenue recognition: Services and products transferred at a point in time $ 1,192.0 $ 1,206.8 $ 1,137.0 Products transferred over time 6.7 7.1 7.4 Total revenue from services and products 1,198.7 1,213.9 1,144.4 Investment revenue 37.9 7.8 20.0 Other revenue 73.5 61.9 52.8 Total revenue $ 1,310.1 $ 1,283.6 $ 1,217.2

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Summary of the Lease Expense and Supplemental Cash Flow Information	The following table is a summary of the Company's lease expense for its operating leases for the years ended December 31: (Amounts in millions) 2022 2021 2020 Buildings, equipment and vehicle leases $ 10.8 $ 13.3 $ 15.0 Short-term and variable lease cost 0.3 1.1 1.2 Total lease cost $ 11.1 $ 14.4 $ 16.2 Supplemental cash flow information related to leases was as follows for the years ended December 31: (Amounts in millions) 2022 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 10.9 $ 13.7 $ 15.3 ROU assets obtained in exchange for lease obligations $ — $ 10.1 $ 15.0
Schedule of Operating Lease Maturities	Maturities of operating lease liabilities as of December 31, 2022 were as follows: (Amounts in millions) Future Minimum Lease Payments 2023 $ 9.1 2024 8.9 2025 8.5 2026 7.6 2027 6.2 Thereafter 15.0 Total 55.3 Less: present value discount (9.9) Lease liability - operating $ 45.4

Description of the Business a_2

Description of the Business and Basis of Presentation - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 Segment
Description of the Business and Basis of Presentation [Abstract]
Number of reportable segments	2

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Allowance for doubtful accounts receivable	$ 6.1	$ 6.7	$ 9.5	$ 4.6
Provision for doubtful accounts	13.3	11.1	14.3
Allowance for doubtful accounts receivable, write-offs	$ (13.9)	$ (13.9)	$ (9.4)

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Estimated Useful Lives by Major Asset Category (Details)	12 Months Ended
	Dec. 31, 2022
Minimum | Contractual and Customer Relationships
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	3 years
Minimum | Non-compete Agreements
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	3 years
Minimum | Developed Technology
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	5 years
Maximum | Contractual and Customer Relationships
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	15 years
Maximum | Non-compete Agreements
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	5 years
Maximum | Developed Technology
Property, Plant and Equipment [Line Items]
Finite-lived intangible asset, useful life	7 years
Computer Hardware and Software
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Computer Software, Intangible Asset | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	5 years
Computer Software, Intangible Asset | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	7 years
Signage
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Agent Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Agent Equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	7 years
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Useful life (in years)	7 years
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Useful life (in years)	10 years

Summary of SIgnificant Accoun_6

Summary of SIgnificant Accounting Policies - Amortized Finite Lived Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2022
Contractual and Customer Relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	3 years
Contractual and Customer Relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	15 years
Non-compete Agreements | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	3 years
Non-compete Agreements | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	5 years
Developed Technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	5 years
Developed Technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	7 years

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Weighted-Average Common Shares Basic and Diluted (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Basic	96.4	89.7	77.8

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0.1	5.5	10.8
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0.1	0.2	0.3
Restricted Stock Units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0	4.2	4.5
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0	1.1	6

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Maturities of time deposits, description	24 months
Capitalized computer software, additions	$ 45.2	$ 35
Capitalized computer software, gross	113.6	104.3
Marketing and advertising expense	$ 39.4	$ 27.7	$ 16.2
Minimum
Contractual remittance schedule range of days	1 day
Maximum
Contractual remittance schedule range of days	3 days

Settlement Assets and Payment_3

Settlement Assets and Payment Service Obligations (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Receivables, net	$ 1,107	$ 700.4
Interest-bearing investments	998.1	992.3
Available-for-sale investments:	3	3
Settlement assets	3,607.2	3,591.4
Payment service obligations	(3,607.2)	(3,591.4)
Settlement cash and cash equivalents	$ 1,499.1	$ 1,895.7

Fair Value Measurement - Financ

Fair Value Measurement - Financial Assets and Liabilities Measured at Fair Value by Hierarchy Level (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Financial Assets:
Available-for-sale investments:	$ 3	$ 3
Total financial assets	35.4	45.3
Fair Value, Measurements, Recurring
Financial Assets:
Total financial assets	8.2	3.1
Residential Mortgage-Backed Securities — Agencies | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	1.5	2.3
Asset-Backed and Other Securities
Financial Assets:
Available-for-sale investments:	1.5	0.7
Asset-Backed and Other Securities | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	1.5	0.7
Forward Contracts | Fair Value, Measurements, Recurring
Financial Assets:
Forward contracts	5.2	0.1
Financial Liabilities:
Forward contracts	3.3	0.2
Level 2 | Fair Value, Measurements, Recurring
Financial Assets:
Total financial assets	6.7	2.4
Level 2 | Residential Mortgage-Backed Securities — Agencies | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	1.5	2.3
Level 2 | Asset-Backed and Other Securities | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	0	0
Level 2 | Forward Contracts | Fair Value, Measurements, Recurring
Financial Assets:
Forward contracts	5.2	0.1
Financial Liabilities:
Forward contracts	3.3	0.2
Level 3 | Fair Value, Measurements, Recurring
Financial Assets:
Total financial assets	1.5	0.7
Level 3 | Residential Mortgage-Backed Securities — Agencies | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	0	0
Level 3 | Asset-Backed and Other Securities | Fair Value, Measurements, Recurring
Financial Assets:
Available-for-sale investments:	1.5	0.7
Level 3 | Forward Contracts | Fair Value, Measurements, Recurring
Financial Assets:
Forward contracts	0	0
Financial Liabilities:
Forward contracts	$ 0	$ 0

Fair Value Measurement - Roll-f

Fair Value Measurement - Roll-forward of Other Asset-Backed Securities (Detail) - Level 3 - Fair Value, Measurements, Recurring - Asset-Backed and Other Securities - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 0.7	$ 0.5	$ 0.9
Change in unrealized gains (losses)	0.8	0.2	(0.4)
Ending balance	$ 1.5	$ 0.7	$ 0.5

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior secured credit facilities	$ 795	$ 799
Level 2 | Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	378.6	383.5
Term Loan due 2026 | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior secured credit facilities	380	384
Senior Notes | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior secured credit facilities	415	415
Senior Notes | Level 2 | Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 420.2	$ 421.2

Investment Portfolio - Componen

Investment Portfolio - Components of Investment Portfolio (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Investments [Abstract]
Cash and cash equivalents	$ 1,671.2	$ 2,050.9
Interest-bearing investments	998.1	992.3
Available-for-sale investments:	3	3
Total investment portfolio	$ 2,672.3	$ 3,046.2

Investment Portfolio - Availabl

Investment Portfolio - Available for Sale Investments (Substantially Restricted) (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Investment [Line Items]
Amortized cost	$ 1.5	$ 2.1
Gross unrealized gains	1.5	0.9
Fair value	3	3
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0	0
Residential Mortgage-Backed Securities
Investment [Line Items]
Amortized cost	1.5	2.1
Gross unrealized gains	0	0.2
Fair value	1.5	2.3
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0	0
Asset-Backed and Other Securities
Investment [Line Items]
Amortized cost	0	0
Gross unrealized gains	1.5	0.7
Fair value	1.5	0.7
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 0	$ 0

Investment Portfolio Investment

Investment Portfolio Investment Portfolio - Investment Ratings (Details) $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Investment [Line Items]
Number of securities	42	42
Available-for-sale investments:	$ 3	$ 3
Percent of Investment	100%	100%
External Credit Rating, Investment Grade [Member]
Investment [Line Items]
Number of securities	9	9
Available-for-sale investments:	$ 1.5	$ 2.3
Percent of Investment	50%	78%
External Credit Rating, Non Investment Grade [Member]
Investment [Line Items]
Number of securities	33	33
Available-for-sale investments:	$ 1.5	$ 0.7
Percent of Investment	50%	22%

Investment Portfolio - Addition

Investment Portfolio - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Investment [Line Items]
Number of investments in money market securities	1
Maturities of time deposits, description	24 months
Percentage of available-for-sale investments collateralized by US government agency debentures	50%	77%
Assets, fair value disclosure	$ 35.4	$ 45.3
Available for sale securities fair value estimates percentage of third party pricing	89%	93%
Available for sale securities fair value estimates percentage of broker pricing	11%	7%

Derivative Financial Instrume_3

Derivative Financial Instruments - Summary of (Gains) Losses Related to Assets and Liabilities Denominated in Foreign Currencies (Detail) - Transaction and operations support - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Net realized non-U.S. dollar (loss) gain	$ (38.2)	$ (20.4)	$ 26.6
Net gain (loss) from the related forward contracts	39.8	18.4	(11.9)
Net gain (loss) from the related forward contracts	$ 1.6	$ (2)	$ 14.7

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Values of Derivative Forward Contract Instruments (Detail) - Foreign Exchange Forward - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Other Assets
Derivatives, Fair Value [Line Items]
Gross amount of recognized assets	$ 1.8	$ 0.4
Gross amount of offset	(1.6)	(0.3)
Collateral Already Posted, Aggregate Fair Value	5	0
Net amount of assets presented in the consolidated balance sheets	5.2	0.1
Accounts Payable and Other Liabilities
Derivatives, Fair Value [Line Items]
Collateral Already Posted, Aggregate Fair Value	0	0
Gross amount of recognized liabilities	4.9	0.6
Gross amount of offset	(1.6)	(0.4)
Net amount of liabilities presented in the consolidated balance sheets	$ 3.3	$ 0.2

Derivative Financial Instrume_5

Derivative Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Not Designated as Hedging Instrument | Foreign Exchange Forward
Derivatives, Fair Value [Line Items]
Forward contracts outstanding notional amount	$ 816	$ 698.7

Property and Equipment - Compon

Property and Equipment - Components of Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 598.4	$ 672.3
Accumulated depreciation and amortization	(463.9)	(538.4)
Property and equipment, net	134.5	133.9
Computer Hardware and Software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	476.2	529.9
Signage
Property, Plant and Equipment [Line Items]
Property and equipment, gross	41.6	50.6
Office Furniture and Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	11.6	19.5
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	21.1	22.1
Equipment At Agent Locations
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 47.9	$ 50.2

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Depreciation, depletion and amortization	$ 51,300,000	$ 56,400,000	$ 63,900,000
Tangible asset impairment charges	0	0	$ 0
Accrued purchases of property and equipment	300,000	1,700,000
Capitalized computer software, additions	45,200,000	35,000,000
Capitalized computer software, gross	113,600,000	104,300,000
Capitalized computer software, net	$ 5,800,000	$ 1,000,000

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Components of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	$ 3.5	$ 4.7
Accumulated amortization	(3.5)	(4.3)
Net carrying value	0	0.4
Contractual and Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	3.5	4.1
Accumulated amortization	(3.5)	(3.7)
Net carrying value	0	0.4
Developed Technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	0	0.6
Accumulated amortization	0	(0.6)
Net carrying value	$ 0	$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	$ 0.4	$ 0.6	$ 0.5
Goodwill	442.2	442.2
Global Funds Transfer
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 442.2	$ 442.2

Debt - Outstanding Debt (Detail

Debt - Outstanding Debt (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Jun. 26, 2019
Debt Instrument [Line Items]
Senior secured credit facilities	$ 795	$ 799
Unamortized debt issuance costs and debt discounts	(9.6)	(12.3)
Debt, net	785.4	786.7
Term Loan due 2026
Debt Instrument [Line Items]
Debt instrument, face amount	$ 380	$ 384
Effective interest rate	8.57%	5%
Senior Secured Notes due 2026
Debt Instrument [Line Items]
Debt instrument, face amount	$ 415	$ 415
Effective interest rate	5.375%
First Lien Credit Facility due 2023
Debt Instrument [Line Items]
Debt instrument, face amount			$ 400

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)		3 Months Ended	12 Months Ended
	Jun. 28, 2021	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2022	Jun. 26, 2019
Debt Instrument [Line Items]
Debt, Instrument, Pre-Payments On Debt	$ 100,000,000
Debt prepayment cost		$ 16,000,000
Extinguishment of Debt, Amount				$ 44,100,000
Debt Instrument, Unamortized Premium	16,500,000
Write off of Deferred Debt Issuance Cost	$ 27,600,000
Repayments of Debt			$ 7,000,000
Interest coverage minimum ratio		4.742	4.742
Total leverage ratio not to exceed		3.137	3.137
Assets In excess of payment service obligations		$ 172,100,000	$ 172,100,000
Debt issuance costs, net		0	0
Long-term debt, maturities, repayments of principal in year five		781,000,000	781,000,000
Debt instrument quarterly incremental payment amount		$ 14,000,000	$ 14,000,000
July 1, 2020 through December 31, 2020
Debt Instrument [Line Items]
Interest coverage minimum ratio		4.742	4.742
Second Lien Credit Facility due 2026
Debt Instrument [Line Items]
Debt instrument, face amount						$ 415,000,000
Senior Secured Notes due 2026
Debt Instrument [Line Items]
Debt instrument, face amount		$ 415,000,000	$ 415,000,000	415,000,000
Effective interest rate		5.375%	5.375%
First Lien Credit Facility due 2023
Debt Instrument [Line Items]
Debt instrument, face amount						$ 400,000,000
Debt instrument principal amount to be paid in quarterly increments		$ 1,000,000	$ 1,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term line of credit		$ 40,000,000	$ 40,000,000		$ 32,500,000
Term Loan | Base Rate
Debt Instrument [Line Items]
Effective interest rate		3.50%	3.50%
Term Loan | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Effective interest rate		4.50%	4.50%
Debt Instrument, Basis Spread on Variable Rate			4.07%
Term Loan | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0.50%
Term Credit Facility
Debt Instrument [Line Items]
Debt instrument, face amount		$ 0	$ 0
Term Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0%
Term Loan due 2026
Debt Instrument [Line Items]
Debt instrument, face amount		$ 380,000,000	$ 380,000,000	$ 384,000,000
Effective interest rate		8.57%	8.57%	5%
New Credit Agreement
Debt Instrument [Line Items]
Interest coverage minimum ratio		2.150	2.150
Total leverage ratio not to exceed		4.750	4.750

Pension and Other Benefits Pens

Pension and Other Benefits Pension assumptions (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.86%	2.51%	3.23%
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate for interest cost	2.33%	1.86%	2.83%
Defined benefit plan, assumptions used calculating net periodic benefit cost, expected long-term rate of return on plan assets	2.76%	1.80%	2.07%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate	1.92%	1.36%	1.73%
Defined benefit plan, assumptions used calculating net periodic benefit cost, rate of compensation increase	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial pre-65 health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial post-65 health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost ultimate health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation, discount rate	5.17%	2.86%	2.51%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate	3.13%	1.92%	1.36%
Defined benefit plan, assumptions used calculating benefit obligation, rate of compensation increase	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation pre-65 initial health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation post-65 initial health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation ultimate health care cost trend rate	0%	0%	0%
Supplemental Employee Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.81%	2.41%	3.18%
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate for interest cost	2.16%	1.62%	2.70%
Defined benefit plan, assumptions used calculating net periodic benefit cost, expected long-term rate of return on plan assets	0%	0%	0%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost, rate of compensation increase	5.75%	5.75%	5.75%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial pre-65 health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial post-65 health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost ultimate health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation, discount rate	5.15%	2.81%	2.41%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation, rate of compensation increase	5.75%	5.75%	5.75%
Defined benefit plan, assumptions used calculating benefit obligation pre-65 initial health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation post-65 initial health care cost trend rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation ultimate health care cost trend rate	0%	0%	0%
Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.95%	2.64%	3.33%
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate for interest cost	2.22%	1.74%	2.77%
Defined benefit plan, assumptions used calculating net periodic benefit cost, expected long-term rate of return on plan assets	0%	0%	0%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost, rate of compensation increase	0%	0%	0%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial pre-65 health care cost trend rate	6.38%	6.46%	6.79%
Defined benefit plan, assumptions used calculating net periodic benefit cost initial post-65 health care cost trend rate	6.64%	7.08%	7.51%
Defined benefit plan, assumptions used calculating net periodic benefit cost ultimate health care cost trend rate	4.50%	4.50%	4.50%
Defined benefit plan, assumptions used calculating net periodic benefit cost year that rate reaches ultimate pre-65 trend rate	2030	2028
Defined benefit plan, assumptions used calculating benefit obligation, discount rate	5.22%	2.95%	2.64%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation, rate of compensation increase	0%	0%	0%
Defined benefit plan, assumptions used calculating benefit obligation pre-65 initial health care cost trend rate	6.87%	6.38%	6.46%
Defined benefit plan, assumptions used calculating benefit obligation post-65 initial health care cost trend rate	7.26%	6.64%	7.08%
Defined benefit plan, assumptions used calculating benefit obligation ultimate health care cost trend rate	4.50%	4.50%	4.50%
Defined benefit plan, assumptions used calculating benefit obligation year that rate reaches ultimate pre-65 trend rate	2031	2030	2028

Pension and Other Benefits Fina

Pension and Other Benefits Financial Assets Recorded at Fair Value by Hierarchy (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	$ 35.4	$ 45.3
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	30.9	41.1
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	4.5	4.2
Pension Plan | Defined Benefit Plan, Real Estate
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	4.5	4.2
Pension Plan | Level 3
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	4.5	4.2
Pension Plan | Level 3 | Defined Benefit Plan, Real Estate
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	4.5	4.2
Pension Plan | Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Assets, fair value disclosure	$ 30.9	$ 41.1

Pension and Other Benefits Pe_2

Pension and Other Benefits Pension Plan Assets Fair Value (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	$ 35.4	$ 45.3
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	4.5	4.2
Money Market Funds
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	0.9	0.9
Multi-Asset Credit Fund
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	$ 0.4	$ 0.8
Fair value, investments, entities that calculate net asset value per share, investment redemption, notice period	10 days	10 days
Fair value, investments, entities that calculate net asset value per share, investment redemption, frequency	Monthly	Monthly
Equity and Fixed Income Securities
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	$ 29.6	$ 39.4
Fair value, investments, entities that calculate net asset value per share, investment redemption, notice period	15 days	15 days
Fair value, investments, entities that calculate net asset value per share, investment redemption, frequency	Daily	Daily
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	$ 30.9	$ 41.1
Fair Value Measured at Net Asset Value Per Share | Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Investments measured at net asset value	$ 30.9	$ 41.1

Net Periodic Benefit Expense Am

Net Periodic Benefit Expense Amortized from Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Interest cost		$ 2.4	$ 2
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Settlement charge	$ 0	(0.5)	0
Interest cost		2.4	2	$ 3.1
Expected return on plan assets		(1.2)	(0.7)	(0.8)
Amortization of net actuarial loss		2.3	2.4	2
Amortization of prior service cost (credit)		0	0	0.1
Net periodic benefit expense		3	3.7	4.4
Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Settlement charge		0	0	0
Interest cost		0	0	0
Expected return on plan assets		0.1	0	0
Amortization of net actuarial loss		0	0.1	0.1
Amortization of prior service cost (credit)		0	0	0
Net periodic benefit expense		$ 0.1	$ 0.1	$ 0.1

Pension and Other Benefits Amou

Pension and Other Benefits Amounts Recognized in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Pension Plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other comprehensive income (loss), defined benefit plan, gain (loss) arising during period, before tax	$ (7.3)	$ (1.8)	$ 4.5
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	(2.3)	(2.4)	(2)
Other comprehensive (income) loss, defined benefit plan, prior service cost (credit), reclassification adjustment from AOCI, before tax			(0.1)
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, before tax	(9.1)	(4.2)	2.4
Defined benefit plan, net periodic benefit cost (credit)	3	3.7	4.4
Defined benefit plan, amount recognized in net periodic benefit cost (credit) and other comprehensive (income) loss, before tax	(6.1)	(0.5)	6.8
Other Postretirement Benefits Plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Other comprehensive income (loss), defined benefit plan, gain (loss) arising during period, before tax	0	0	(0.1)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	0	(0.1)	(0.1)
Other comprehensive (income) loss, defined benefit plan, prior service cost (credit), reclassification adjustment from AOCI, before tax	0		0
Other comprehensive (income) loss, defined benefit plan, after reclassification adjustment, before tax	0	(0.1)	(0.2)
Defined benefit plan, net periodic benefit cost (credit)	0.1	0.1	0.1
Defined benefit plan, amount recognized in net periodic benefit cost (credit) and other comprehensive (income) loss, before tax	$ 0.1	$ 0	$ (0.1)

Pension and Other Benefits Pe_3

Pension and Other Benefits Pension Unfunded Status Table (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, benefit obligation	$ 88.9	$ 112.5	$ 120.7
Interest cost	2.4	2
Defined benefit plan, benefit obligation, actuarial gain (loss)	(18.5)	(2.6)
Defined benefit plan, benefit obligation, benefits paid	(7.5)	(7.6)
Defined benefit plan, plan assets, amount	35.6	45.4	46.2
Defined benefit plan, plan assets, increase (decrease) for actual return (loss)	(10)	(0.1)
Defined benefit plan, plan assets, contributions by employer	7.7	6.9
Defined benefit plan, plan assets, benefits paid	(7.5)	(7.6)
Defined benefit plan, funded (unfunded) status of plan	$ 53.3	67.1
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Pension and other postretirement benefits
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, benefit obligation	$ 88.4	111.9	120.1
Interest cost	2.4	2	3.1
Defined benefit plan, benefit obligation, actuarial gain (loss)	(18.6)	(2.6)
Defined benefit plan, benefit obligation, benefits paid	(7.3)	(7.6)
Defined benefit plan, plan assets, amount	35.6	45.4	46.2
Defined benefit plan, plan assets, increase (decrease) for actual return (loss)	(10)	(0.1)
Defined benefit plan, plan assets, contributions by employer	7.5	6.9
Defined benefit plan, plan assets, benefits paid	(7.3)	(7.6)
Defined benefit plan, funded (unfunded) status of plan	52.8	66.5
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, benefit obligation	0.5	0.6	0.6
Interest cost	0	0	0
Defined benefit plan, benefit obligation, actuarial gain (loss)	0.1	0
Defined benefit plan, benefit obligation, benefits paid	(0.2)	0
Defined benefit plan, plan assets, amount	0	0	$ 0
Defined benefit plan, plan assets, increase (decrease) for actual return (loss)	0	0
Defined benefit plan, plan assets, contributions by employer	0.2	0
Defined benefit plan, plan assets, benefits paid	(0.2)	0
Defined benefit plan, funded (unfunded) status of plan	$ 0.5	$ 0.6

Pension and Other Benefits Am_2

Pension and Other Benefits Amounts Recognized in Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated other comprehensive income (loss), defined benefit plan, gain (loss), after tax	$ 28.4	$ 35.4
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated other comprehensive income (loss), defined benefit plan, gain (loss), after tax	28.1	35.2
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated other comprehensive income (loss), defined benefit plan, gain (loss), after tax	$ 0.3	$ 0.2

Pension and Other Benefits Accu

Pension and Other Benefits Accumulated and Projected Benefit Obligations (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, accumulated benefit obligation	$ 88.4	$ 111.9
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, plan assets	35.6	45.4
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, accumulated benefit obligation	0.5	0
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, plan assets	$ 0	$ 0

Pension and Other Benefits Expe

Pension and Other Benefits Expected Benefit Payments (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Pension Plan 1
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, expected future benefit payment, next twelve months		$ 8.4
Defined benefit plan, expected future benefit payment, year two	$ 7.2
Defined benefit plan, expected future benefit payment, year three	7.2
Defined benefit plan, expected future benefit payment, year four	7.2
Defined benefit plan, expected future benefit payment, year five	7.1
Defined benefit plan, expected future benefit payment, five fiscal years thereafter	32.1
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined benefit plan, expected future benefit payment, next twelve months	0
Defined benefit plan, expected future benefit payment, year two	0
Defined benefit plan, expected future benefit payment, year three	0
Defined benefit plan, expected future benefit payment, year four	0
Defined benefit plan, expected future benefit payment, year five	0
Defined benefit plan, expected future benefit payment, five fiscal years thereafter	$ 0.1

Pension and Other Benefits Addi

Pension and Other Benefits Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined benefit plan, funded (unfunded) status of plan	$ (53.3)	$ (67.1)
Equity Securities
Defined Benefit Plan, Plan Assets, Investment within Plan Asset Category, Percentage	6%
Fixed Income
Defined Benefit Plan, Plan Assets, Investment within Plan Asset Category, Percentage	81%
Real Estate
Defined Benefit Plan, Plan Assets, Investment within Plan Asset Category, Percentage	13%
Pension Plan
Defined benefit plan, funded (unfunded) status of plan	$ (52.8)	$ (66.5)
Defined benefit plan, required future payment, next twelve months	$ 0
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.86%	2.51%	3.23%
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, accumulated benefit obligation	$ 88.4	$ 111.9
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, plan assets	35.6	45.4
Pension Plan 1
Defined benefit plan, funded (unfunded) status of plan	3.1	3.3
Defined benefit plan, expected future benefit payment, next twelve months		8.4
Supplemental Employee Retirement Plan
Defined benefit plan, funded (unfunded) status of plan	$ 49.7	$ 63.2
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.81%	2.41%	3.18%
SERP and Postretirement Benefits
Defined benefit plan, expected future benefit payment, next twelve months	$ 5.5
Deferred Compensation, Excluding Share-based Payments and Retirement Benefits
Defined contribution plan, cost	4.8	$ 4.4	$ 3.7
Contribution expense related to international benefit plans	1.5	1.9	$ 2
Other Postretirement Benefits Plan
Defined benefit plan, funded (unfunded) status of plan	(0.5)	$ (0.6)
Defined benefit plan, expected future benefit payment, next twelve months	$ 0
Defined benefit plan, assumptions used calculating net periodic benefit cost, discount rate	2.95%	2.64%	3.33%
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, accumulated benefit obligation	$ 0.5	$ 0
Defined benefit plan, plan with accumulated benefit obligation in excess of plan assets, plan assets	$ 0	$ 0

Stockholders' Deficit - Additio

Stockholders' Deficit - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
	Jun. 07, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Feb. 14, 2022	Jun. 18, 2021	Dec. 31, 2019
Class of Stock [Line Items]
Common stock, shares authorized		162,500,000	162,500,000
Dividends paid		$ 0	$ 0	$ 0
Convertible Preferred Stock, Nonredeemable or Redeemable, Issuer Option, Value						$ 99.8
Sale of Stock, Price Per Share					$ 11	$ 9.56
ATM Equity Offering			$ 97.2
Preferred Stock, Shares Authorized		7,000,000
Stock Repurchase Program, Authorized Amount		$ 50
Treasury Stock, Shares, Acquired		1,023,209
Treasury Stock, Value, Acquired, Par Value Method		$ 6.1
Common Stock
Class of Stock [Line Items]
Sale Of Stock, Aggregate Sales Price	$ 100
Convertible Preferred Stock, Shares Issued upon Conversion			10,441,111
ATM Equity Offering			$ 0.1
Common Stock
Class of Stock [Line Items]
Common stock, shares authorized		162,500,000	162,500,000	162,500,000			162,500,000
Convertible Preferred Stock, Shares Issued upon Conversion				8,910,234		10,400,000
Treasury Stock, Shares, Acquired			1,023,209
D Stock
Class of Stock [Line Items]
Preferred Stock, Par or Stated Value Per Share		$ 0.01	$ 0.01
Preferred Stock, Shares Authorized							200,000
Preferred stock, shares issued							71,282
Preferred stock, conversion basis		125

Stockholders' Deficit Schedule

Stockholders' Deficit Schedule of Activity of Company's Common Stock (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jun. 18, 2021	Dec. 31, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, shares authorized	162,500,000	162,500,000
Common stock, shares, issued	98,964,065	92,305,011
Common Stock, Shares, Outstanding	96,626,432	90,725,982
Treasury stock (shares)	2,337,633	1,579,029
Treasury Stock, Shares, Acquired	(1,023,209)
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Convertible Preferred Stock, Shares Issued upon Conversion		10,441,111
Stock issued during period, shares, new issues		10,441,111
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Convertible Preferred Stock, Shares Issued upon Conversion			1,496,912
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, shares authorized	162,500,000	162,500,000	162,500,000		162,500,000
Common stock, shares, issued	98,964,065	92,305,011	72,530,770		65,061,090
Common Stock, Shares, Outstanding	96,626,432	90,725,982	72,517,539		62,731,184
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	1,446,291	1,877,434	876,121
Stock issued during period, shares, share-based compensation, net of forfeitures	2,200,740	2,419,079	56,358
Convertible Preferred Stock, Shares Issued upon Conversion			8,910,234	10,400,000
Stock issued during period, shares, new issues	4,458,314	5,948,895	7,413,322
Class of Warrant or Right, Issued	4,454,159	965,156
Class of warrant or right, outstanding		964,212
Treasury Stock, Shares, Acquired		(1,023,209)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Treasury stock (shares)	2,337,633	1,579,029	13,231		2,329,906
Stock issued during period, shares, share-based compensation, net of forfeitures	754,449	541,645	819,763
Class of Warrant or Right, Issued	4,155
Class of warrant or right, outstanding		944
Treasury Stock, Shares, Acquired		(1,023,209)

Stockholders' Deficit Schedul_2

Stockholders' Deficit Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (64.9)	$ (62.8)
Net Unrealized Gains on Securities Classified as Available-for-sale, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	2.2	1.5	$ 1.2	$ 1.6
Cumulative non-U.S. dollar Translation Adjustments, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(38.7)	(28.9)	(20.9)	(28.1)
Pension and Postretirement Benefits Adjustment, Net of Tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (28.4)	$ (35.4)	$ (38.7)	$ (37)

Stockholders' Deficit - Summary

Stockholders' Deficit - Summary of Changes To Accumulated Other Comprehensive Loss By Component (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ (62.8)
Other comprehensive income (loss), net of tax	(2.1)	$ (4.4)	$ 5.1
Ending balance	(64.9)	(62.8)
Net Unrealized Gains on Securities Classified as Available-for-sale, Net of Tax
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	1.5	1.2	1.6
Other comprehensive income (loss) before reclassification	0.7	0.3	(0.4)
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Other comprehensive income (loss), net of tax	0.7	0.3	(0.4)
Ending balance	2.2	1.5	1.2
Cumulative non-U.S. dollar Translation Adjustments, Net of Tax
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(28.9)	(20.9)	(28.1)
Other comprehensive income (loss) before reclassification	(9.8)	(8)	7.2
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Other comprehensive income (loss), net of tax	(9.8)	(8)	7.2
Ending balance	(38.7)	(28.9)	(20.9)
Pension and Postretirement Benefits Adjustment, Net of Tax
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(35.4)	(38.7)	(37)
Other comprehensive income (loss) before reclassification	5.6	1.4	(3.4)
Amounts reclassified from accumulated other comprehensive loss	(1.4)	(1.9)	(1.7)
Other comprehensive income (loss), net of tax	7	3.3	(1.7)
Ending balance	(28.4)	(35.4)	(38.7)
Accumulated Other Comprehensive Loss
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(62.8)	(58.4)	(63.5)
Other comprehensive income (loss) before reclassification	(3.5)	(6.3)	3.4
Amounts reclassified from accumulated other comprehensive loss	(1.4)	(1.9)	(1.7)
Other comprehensive income (loss), net of tax	(2.1)	(4.4)	5.1
Ending balance	$ (64.9)	$ (62.8)	$ (58.4)

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 15	$ 7.3	$ 6.6

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - Stock Options - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stock Option Activity
Shares, options outstanding, beginning balance	131,153
Shares, forfeited/expired	(20,378)
Shares, options outstanding, ending balance	110,775	131,153
Weighted Average Exercise Price
Weighted average exercise price, options outstanding (usd per share), beginning balance	$ 17.54
Weighted-average exercise price, forfeited/expired (usd per share)	17.74
Weighted average exercise price, options outstanding (usd per share), ending balance	$ 17.51	$ 17.54
Additional Disclosures
Weighted average remaining contractual term options outstanding (years)	7 months 6 days	1 year 4 months 24 days
Aggregate intrinsic value, options outstanding	$ 0	$ 0

Stock-Based Compensation - Su_3

Stock-Based Compensation - Summary of Restricted Stock Unit Activity (Detail) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity Instruments Other than Options, Nonvested, Number of Shares
Restricted stock units outstanding (shares), beginning balance	4,104,547
Granted (shares)	1,777,010
Vested and converted to shares (shares)	(2,200,740)
Forfeited (shares)	(7,302)
Restricted stock units outstanding (shares), ending balance	3,673,515	4,104,547
Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Restricted stock units outstanding (usd per share), beginning balance	$ 3.82
Granted (usd per share)	10.67
Vested and converted to shares (usd per share)	4.63
Forfeited (usd per share)	7.07
Restricted stock units outstanding (usd per share), ending balance	$ 7.45	$ 3.82
Weighted average remaining contractual term options outstanding (years)	9 months 10 days	10 months 9 days
Restricted stock units outstanding, aggregate intrinsic value	$ 40	$ 32.4
Restricted stock units vested and outstanding (shares)	174,827
Restricted stock units vested and outstanding (usd per share)	$ 4.15
Restricted stock units vested and outstanding, aggregate intrinsic value	$ 1.9

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock and Restricted Stock Unit Compensation Information (Detail) - Restricted Stock Units (RSUs) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value of restricted stock units vested during the year	$ 10.2	$ 7	$ 7.5
Total intrinsic value of vested and converted shares	$ 23.3	$ 16.1	$ 2.9

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2016	May 01, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized					12,925,000	15,425,000
Share-based compensation arrangement by share-based payment award, number of shares available for grant	2,383,388
Unrecognized stock option expense	$ 0
Unrecognized restricted stock unit expense	$ 15,300,000
Remaining weighted-average vesting period (years)	1 year 2 months 12 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period		10 years	10 years	10 years

Income Taxes Income Taxes - Com

Income Taxes Income Taxes - Components of Income (Loss) Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Loss from continuing operations before income taxes, domestic	$ 33.4	$ (49.8)	$ (0.3)
Income from continuing operations before income taxes, foreign	6.4	6.2	6.4
Income (loss) before income taxes	$ (39.8)	$ 43.6	$ (6.1)

Income Taxes Income Taxes - Inc

Income Taxes Income Taxes - Income Tax (Benefit) Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Current federal tax expense (benefit)	$ 2.2	$ 0.1	$ (1.4)
Current state and local tax expense (benefit)	(2.4)	(2.7)	2.1
Current foreign tax expense (benefit)	4.6	5.7	4.2
Current income tax expense (benefit)	4.4	3.1	4.9
Deferred federal income tax expense (benefit)	2.3	(6.6)	7.1
Deferred state and local income tax expense (benefit)	(0.9)	(0.3)	1.9
Deferred foreign income tax expense (benefit)	(0.2)	(1.9)	0.1
Deferred income tax expense (benefit)	1.2	(8.8)	9.1
Income tax expense (benefit)	$ 5.6	$ (5.7)	$ 14

Income Taxes Income Taxes - Rec

Income Taxes Income Taxes - Reconciliation of the Expected Federal Income Tax at Statutory Rates (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation at federal statutory income tax rate, amount	$ 8.4	$ (9.2)	$ 1.3
Effective income tax rate reconciliation, state and local income taxes, amount	(0.4)	(0.6)	(0.4)
Effective income tax rate reconciliation, change in deferred tax assets valuation allowance, amount	(2.9)	1.7	12
Effective income tax rate reconciliation, foreign income tax rate differential, amount	2	1	1.5
Effective income tax rate reconciliation, nondeductible expense, amount	3.1	5.3	1.8
Effective income tax rate reconciliation, tax credit, amount	(3.1)	(2.6)	(3.6)
Effective income tax rate reconciliation, tax contingency, amount	(1.5)	(1.7)	2.4
Effective income tax rate reconciliation, nondeductible expense, share-based compensation cost, amount	(0.7)	(0.3)	0.7
Effective income tax rate reconciliation Tax Cuts And Jobs Act transition tax on accumulated foreign earning	0	0	(0.6)
Effective income tax rate reconciliation Tax Cuts And Jobs Act U.S. taxation of foreign earnings	0.3	0.5	(1.1)
Effective income tax rate reconciliation, other reconciling items, amount	0.4	0.2	0
Income tax expense (benefit)	$ 5.6	$ (5.7)	$ 14

Income Taxes Income Taxes - Def

Income Taxes Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Deferred tax assets, investments	$ 50.2	$ 50.4
Deferred tax assets, operating loss carryforwards	16.6	22.5
Deferred tax assets, tax credit carryforwards	13.6	17.7
Deferred tax assets, tax deferred expense, compensation and benefits	1.7	5.4
Deferred tax assets, tax deferred expense, reserves and accruals	1.4	1.6
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Deferred Rent	8.8	10.9
Deferred Tax Assets, Property, Plant and Equipment	20.6	12.3
Deferred tax assets, other	4.2	5.4
Deferred tax assets, valuation allowance	(76.8)	(82)
Deferred tax assets, net of valuation allowance	54.5	60.5
Deferred tax liabilities, property, plant and equipment	(63.8)	(64)
Deferred Tax Liabilities, Leasing Arrangements	(8.1)	(10.2)
Deferred tax liabilities, gross	(71.9)	(74.2)
Deferred tax liabilities, net	(17.4)	(13.7)
Deferred Tax Asset, Interest Carryforward	$ 14.2	$ 16.3

Income Taxes Income Taxes - Amo

Income Taxes Income Taxes - Amount and Expiration Dates of Tax Loss Carry Forwards (Not Tax Effected) and Credit Carry Forwards (Details) $ in Millions	Dec. 31, 2022 USD ($)
Internal Revenue Service (IRS) | Expiration Date 2020 to Indefinite
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 1.8
Internal Revenue Service (IRS) | Expiration Date 2024 to 2039
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, amount	13.6
Domestic Country and State and Local Jurisdiction | Indefinite Lived Carry Forwards
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, amount	64.4
Capital Loss Carryforward | Expiration Date 2020 to 2024
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 43.1

Income Taxes Income Taxes - R_2

Income Taxes Income Taxes - Reconciliation of Unrecognized Tax Benefits for the Period (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 9.1	$ 14.7	$ 19.7	$ 18.2
Unrecognized tax benefits, increase resulting from prior period tax positions	0.3	1.5	0.9
Unrecognized tax benefits, increase resulting from current period tax positions	0.8	0.6	0.6
Unrecognized tax benefits, decrease resulting from settlements with taxing authorities	(4.8)	(2.3)	0
Unrecognized tax benefits, decrease resulting from prior period tax positions	$ (1.9)	$ (4.8)	$ 0

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Examination [Line Items]
Accrued income taxes	$ 7.2	$ 16.2
Income taxes receivable	2.9	2.5
Income tax expense (benefit)	5.6	(5.7)	$ 14
Deferred tax assets, net	5.6	6
Liability for unrecognized tax benefits	9.1	14.7	19.7	$ 18.2
Unrecognized tax benefits that if recognized could impact the effective tax rate	9.1	14.7	19.7
Interest and penalties	(4.6)	(2)	1.1
Income tax penalties and interest accrued	2.8	7.4
Effective Income Tax Rate Reconciliation, Tax Credit, Amount	$ 3.1	$ 2.6	3.6
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Deferred Tax Assets, Net of Valuation Allowance	$ 54.5	$ 60.5
Effective income tax rate reconciliation, change in deferred tax assets valuation allowance, amount	2.9	(1.7)	(12)
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	5.2
Income (loss) before income taxes	39.8	(43.6)	$ 6.1
Deferred Tax Assets, Net Income (Loss)	2.9
Deferred Tax Assets, Capital Loss Carryforwards	0.9
Deferred Tax Assets, Other Comprehensive Loss	1.4
Unrecognized Tax Benefits, Income Tax Penalties Accrued	1.4
Unrecognized Tax Benefits, Income Tax Penalties Expense	(3.2)
Internal Revenue Service (IRS)
Income Tax Examination [Line Items]
Unrecognized Tax Benefits, Interest on Income Taxes Expense	(2.9)
Accounts Payable and Other Liabilities [Member]
Income Tax Examination [Line Items]
Deferred income tax liabilities, net	$ 23	$ 19.7

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies [Line Items]
Loss contingency accrual	$ (7.5)	$ (15.8)
Loss Contingency, Loss in Period		$ 13.8
NYDFS
Commitments and Contingencies [Line Items]
Loss Contingency Accrual, Period Increase (Decrease)	8.3
CFPB
Commitments and Contingencies [Line Items]
Loss Contingency Accrual, Period Increase (Decrease)	7.5
Term Credit Facility
Commitments and Contingencies [Line Items]
Debt instrument, face amount	$ 0

Earnings per Common Share - Wei

Earnings per Common Share - Weighted-Average Common Shares Basic and Diluted (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Basic	96,400	89,700	77,800
Diluted	100,100	89,700	77,800
Weighted Average Number of Shares, Restricted Stock	3,700	0	0
Weighted Average Number Diluted Shares Outstanding Adjustment	100,100	89,700	77,800

Earnings per Common Share - Sch

Earnings per Common Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0.1	5.5	10.8
Shares related to stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0.1	0.2	0.3
Shares related to restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0	4.2	4.5
Shares related to warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded from the computation	0	1.1	6

Segment Information - Additiona

Segment Information - Additional Information (Detail) - Segment	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Number of reportable segments	2
Revenue Benchmark | Customer Concentration Risk | Walmart
Segment Reporting Information [Line Items]
Percentage of total revenue	10%	11%	13%
Global Funds Transfer | Revenue Benchmark | Customer Concentration Risk | Walmart
Segment Reporting Information [Line Items]
Percentage of total revenue	10%	10%	13%
Financial Paper Products | Revenue Benchmark | Customer Concentration Risk | Walmart
Segment Reporting Information [Line Items]
Percentage of total revenue	34%	35%	29%

Segment Information - Revenue b

Segment Information - Revenue by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 1,310.1	$ 1,283.6	$ 1,217.2
Global Funds Transfer
Segment Reporting Information [Line Items]
Revenues	1,225.9	1,228.8	1,150.9
Global Funds Transfer | Money Order Revenue
Segment Reporting Information [Line Items]
Revenues	1,190.3	1,189.2	1,104.7
Global Funds Transfer | Bill Payment Revenue
Segment Reporting Information [Line Items]
Revenues	35.6	39.6	46.2
Financial Paper Products
Segment Reporting Information [Line Items]
Revenues	84.2	54.8	66.3
Financial Paper Products | Money Order Revenue
Segment Reporting Information [Line Items]
Revenues	44.1	40.9	43.4
Financial Paper Products | Official Check Revenue
Segment Reporting Information [Line Items]
Revenues	$ 40.1	$ 13.9	$ 22.9

Segment Information - Operating

Segment Information - Operating Income by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Gross Profit	$ 619.9	$ 599.5	$ 564.2
Costs and Expenses	526.7	525.8	461.2
Operating Income (Loss)	93.2	73.7	103
Loss on early extinguishment of debt	0	44.1	0
Income (loss) before income taxes	39.8	(43.6)	6.1
Interest expense	49.4	69.5	92.4
Other non-operating expense	4	3.7	4.5
Global Funds Transfer
Segment Reporting Information [Line Items]
Gross Profit	557.7	545.6	501.6
Financial Paper Products
Segment Reporting Information [Line Items]
Gross Profit	$ 62.2	$ 53.9	$ 62.6

Segment Information Segment Inf

Segment Information Segment Information - Depreciation and Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 51.7	$ 57	$ 64.4
Global Funds Transfer
Segment Reporting Information [Line Items]
Depreciation and amortization	46.6	51.3	57.3
Financial Paper Products
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 5.1	$ 5.7	$ 7.1

Segment Information Segment I_2

Segment Information Segment Information - Capital Expenditures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Payments to acquire productive assets	$ 52.3	$ 42.6	$ 35.4
Global Funds Transfer
Segment Reporting Information [Line Items]
Payments to acquire productive assets	47.1	38.3	31.5
Financial Paper Products
Segment Reporting Information [Line Items]
Payments to acquire productive assets	$ 5.2	$ 4.3	$ 3.9

Segment Information - Assets by

Segment Information - Assets by Segment (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Assets:
Total assets	$ 4,505.2	$ 4,476.5
Global Funds Transfer
Assets:
Total assets	1,412.6	1,269.5
Financial Paper Products
Assets:
Total assets	3,066	3,169.8
Other Segments
Assets:
Total assets	$ 26.6	$ 37.2

Segment Information Segment I_3

Segment Information Segment Information - Revenue by Geography (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 1,310.1	$ 1,283.6	$ 1,217.2
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	544.7	543.9	543.8
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 765.4	$ 739.7	$ 673.4

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition - Services & Products (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues	$ 1,310.1	$ 1,283.6	$ 1,217.2
Investment revenue	37.9	7.8	20
Other Revenue
Revenues	73.5	61.9	52.8
Total Revenue from Services and Products
Revenues	1,198.7	1,213.9	1,144.4
Global Funds Transfer
Revenues	1,225.9	1,228.8	1,150.9
Global Funds Transfer | Money Transfer Fee Revenue
Revenues	1,151	1,160	1,083.4
Global Funds Transfer | Bill Payment Services Fee Revenue
Revenues	35.6	40.5	46.2
Global Funds Transfer | Other Revenue
Revenues	39.3	28.3	21.3
Global Funds Transfer | Total Global Funds Transfer Fee and Other Revenue
Revenues	1,225.9	1,228.8	1,150.9
Financial Paper Products
Revenues	84.2	54.8	66.3
Financial Paper Products | Other Revenue
Revenues	34.2	33.6	31.6
Financial Paper Products | Money Order Fee Revenue
Revenues	5.4	6.3	7.3
Financial Paper Products | Official Check Outsourcing Services Fee Revenue
Revenues	6.7	7.1	7.4
Financial Paper Products | Total Financial Paper Products Fee and Other Revenue
Revenues	46.3	47	46.3
Services and Products Transferred at a Point in Time
Revenues	1,192	1,206.8	1,137
Products Transferred Over Time
Revenues	$ 6.7	$ 7.1	$ 7.4

Leases Leases - Summary of the

Leases Leases - Summary of the Lease Expense and Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Buildings, equipment and vehicle leases	$ 10.8	$ 13.3	$ 15
Short-term and variable lease cost	0.3	1.1	1.2
Cash paid for amounts included in the measurement of operating lease liabilities	10.9	13.7	15.3
Right-of-use asset obtained in exchange for finance lease liability	0	10.1	15
Total lease cost	$ 11.1	$ 14.4	$ 16.2

Leases Leases - Schedule of Ope

Leases Leases - Schedule of Operating Lease Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
2023	$ 9.1
2024	8.9
2025	8.5
2026	7.6
2027	6.2
Thereafter	15
Total	55.3
Less: present value discount	(9.9)
Lease liability - operating	$ 45.4	$ 56.3

Leases Leases - Additional Info

Leases Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Lease liability - operating	$ 45.4	$ 56.3
Noncancellable operating leases terminate date	2030
Right-of-use asset, operating lease	$ 42.5	$ 52.6
Weighted average remaining lease term (in years)	6 years 6 months	7 years 1 month 6 days
Weighted average discount rate (as a percentage)	5.80%	5.30%