v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 522.9 $ 455.0
Restricted cash 57.3 84.4
Settlement assets 316.4 321.2
Accounts receivable, net 252.2 256.8
Inventory 2.7 3.4
Prepaid expenses and other current assets 39.3 32.5
Total current assets 1,190.8 1,153.3
Noncurrent assets    
Equipment for lease, net 133.0 123.1
Property, plant and equipment, net 27.3 28.6
Right-of-use assets 20.9 22.8
Investments in securities 73.1 62.2
Collateral held by the card networks 37.5 37.7
Goodwill 1,107.4 1,111.3
Other intangible assets, net 798.8  
Other noncurrent assets 19.0 18.7
Total assets 3,407.8 3,387.8
Current liabilities    
Settlement liabilities 308.7 315.2
Accounts payable 224.4 204.6
Accrued expenses and other current liabilities 94.6 83.9
Deferred revenue 14.7 20.6
Bank deposits 50.5 72.3
Current lease liabilities 7.4 7.8
Total current liabilities 700.3 704.4
Noncurrent liabilities    
Long-term debt 1,752.3 1,750.2
Deferred tax liability 27.6 28.7
Noncurrent lease liabilities 17.0 18.8
Other noncurrent liabilities 14.8 17.3
Total liabilities 2,512.0 2,519.4
Commitments and contingencies (Note 16)
Stockholders' equity    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized at March 31, 2024 and December 31, 2023, none issued and outstanding 0.0 0.0
Additional paid-in capital 997.1 985.9
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.5 14.1
Retained deficit (326.1) (346.7)
Total stockholders' equity attributable to Shift4 Payments, Inc. 674.5 653.3
Noncontrolling interests 221.3 215.1
Total stockholders' equity 895.8 868.4
Total liabilities and stockholders' equity 3,407.8 3,387.8
Residual commission buyouts, net    
Noncurrent assets    
Other intangible assets, net 208.8 229.6
Capitalized customer acquisition costs, net    
Noncurrent assets    
Other intangible assets, net 55.6 51.7
Other intangible assets, net    
Noncurrent assets    
Other intangible assets, net 534.4 548.8
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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