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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of Foreign Exchange Gains/Losses on LongTerm IntraEquity Transactions
The Company recognized the following foreign exchange losses on long-term intra-entity transactions, net of tax, and foreign exchange gains/losses within the Unaudited Consolidated Statements of Comprehensive Income (Loss) as follows:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Long-term intra-entity (loss)
(48.4
)
 
(35.1
)
 
(81.7
)
 
(191.7
)
Foreign Exchange gain (loss)
0.1

 
(0.2
)
 
0.3

 
0.2
Disaggregation of Revenue
The Company provides its services to customers across different payment solutions and geographies. Revenue by product (in millions) for the three and nine months ended September 30 was as follows:
Revenues, net by Product*
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
%
 
2018
 
%
 
2019
 
%
 
2018
 
%
Fuel 1
296

 
44
%
 
283

 
46
%
 
874

 
45
%
 
827

 
46
%
Corporate Payments
138

 
20
%
 
105

 
17
%
 
376

 
19
%
 
300

 
17
%
Tolls 1
89

 
13
%
 
76

 
12
%
 
264

 
14
%
 
246

 
14
%
Lodging
56

 
8
%
 
48

 
8
%
 
148

 
8
%
 
132

 
7
%
Gift
48

 
7
%
 
57

 
9
%
 
133

 
7
%
 
139

 
8
%
Other1
53

 
8
%
 
50

 
8
%
 
156

 
8
%
 
147

 
8
%
Consolidated Revenues, net
681

 
100
%
 
620

 
100
%
 
1,950

 
100
%
 
1,790

 
100
%
1 Reflects certain reclassifications of revenue in 2018 between product categories as the Company realigned its Brazil business into product lines, resulting in refinement of revenue classified as fuel versus tolls and the eCash/OnRoad product being fuel versus other.
*Columns may not calculate due to rounding.
Revenue by geography (in millions) for the three and nine months ended September 30 was as follows:
Revenues, net by Geography*
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
%
 
2018
 
%
 
2019
 
%
 
2018
 
%
United States
414

 
61
%
 
391

 
63
%
 
1,174

 
60
%
 
1,082

 
60
%
Brazil
106

 
16
%
 
92

 
15
%
 
316

 
16
%
 
296

 
17
%
United Kingdom
68

 
10
%
 
63

 
10
%
 
205

 
10
%
 
192

 
11
%
Other
93

 
14
%
 
73

 
12
%
 
256

 
13
%
 
220

 
12
%
Consolidated Revenues, net
681

 
100
%
 
620

 
100
%
 
1,950

 
100
%
 
1,790

 
100
%
*Columns may not calculate due to rounding.
Schedule of Derivative Assets at Fair Value The following table presents the Company’s spot trade assets and liabilities at their fair value at September 30, 2019 and December 31, 2018, (in millions). 
 
September 30, 2019
 
December 31, 2018
 
Gross
 
Offset on the Balance Sheet
 
Net
 
Gross
 
Offset on the Balance Sheet
 
Net
Assets
 
 
 
 
 
 
 
 
 
 
 
Accounts Receivable
$
608.4

 
$
(567.5
)
 
$
40.9

 
$
815.7

 
$
(745.2
)
 
$
70.5

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Accounts Payable
$
596.2

 
$
(567.5
)
 
$
28.7

 
$
760.8

 
$
(745.2
)
 
$
15.6
Schedule of Derivative Liabilities at Fair Value The following table presents the Company’s spot trade assets and liabilities at their fair value at September 30, 2019 and December 31, 2018, (in millions). 
 
September 30, 2019
 
December 31, 2018
 
Gross
 
Offset on the Balance Sheet
 
Net
 
Gross
 
Offset on the Balance Sheet
 
Net
Assets
 
 
 
 
 
 
 
 
 
 
 
Accounts Receivable
$
608.4

 
$
(567.5
)
 
$
40.9

 
$
815.7

 
$
(745.2
)
 
$
70.5

Liabilities
 
 
 
 
 
 
 
 
 
 
 
Accounts Payable
$
596.2

 
$
(567.5
)
 
$
28.7

 
$
760.8

 
$
(745.2
)
 
$
15.6