v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 205.0 $ 455.0
Restricted cash 74.8 84.4
Settlement assets 279.1 321.2
Accounts receivable, net 310.5 256.8
Inventory 8.1 3.4
Prepaid expenses and other current assets 50.2 32.5
Total current assets 927.7 1,153.3
Noncurrent assets    
Equipment for lease, net 144.5 123.1
Property, plant and equipment, net 28.5 28.6
Right-of-use assets 29.7 22.8
Investments in securities 72.9 62.2
Collateral held by the card networks 37.5 37.7
Goodwill 1,299.9 1,111.3
Other intangible assets, net 920.4  
Other noncurrent assets 33.1 18.7
Total assets 3,494.2 3,387.8
Current liabilities    
Settlement liabilities 274.4 315.2
Accounts payable 263.9 204.6
Accrued expenses and other current liabilities 120.5 83.9
Deferred revenue 18.6 20.6
Bank deposits 0.0 72.3
Current lease liabilities 8.9 7.8
Total current liabilities 686.3 704.4
Noncurrent liabilities    
Long-term debt 1,754.3 1,750.2
Deferred tax liability 31.1 28.7
Noncurrent lease liabilities 24.4 18.8
Other noncurrent liabilities 39.3 17.3
Total liabilities 2,535.4 2,519.4
Commitments and contingencies (Note 16)
Stockholders' equity    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized at June 30, 2024 and December 31, 2023, none issued and outstanding 0.0 0.0
Additional paid-in capital 1,005.7 985.9
Accumulated other comprehensive income (loss) (7.1) 14.1
Retained deficit (297.8) (346.7)
Total stockholders' equity attributable to Shift4 Payments, Inc. 700.8 653.3
Noncontrolling interests 258.0 215.1
Total stockholders' equity 958.8 868.4
Total liabilities and stockholders' equity 3,494.2 3,387.8
Residual commission buyouts, net    
Noncurrent assets    
Other intangible assets, net 187.4 229.6
Capitalized customer acquisition costs, net    
Noncurrent assets    
Other intangible assets, net 59.0 51.7
Other intangible assets, net    
Noncurrent assets    
Other intangible assets, net 674.0 548.8
Class A common stock    
Stockholders' equity    
Common stock 0.0 0.0
Class B Common Stock    
Stockholders' equity    
Common stock 0.0 0.0
Class C common stock    
Stockholders' equity    
Common stock $ 0.0 $ 0.0

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