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PREPAID AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2019
Prepaid Expense and Other Assets, Current [Abstract]  
PREPAID AND OTHER CURRENT ASSETS PREPAID AND OTHER CURRENT ASSETS
Prepaid and other current assets consisted of the following:
 
As of
 
December 31, 2019
 
December 31, 2018
Unbilled receivables
$
142.3

 
$
126.1

Prepaid income tax
185.8

 
125.1

Value added tax and other consumption tax receivables
71.3

 
86.3

Prepaid assets
56.8

 
40.5

Prepaid operating ground leases
—

 
165.0

Other miscellaneous current assets
57.4

 
78.2

Prepaid and other current assets
$
513.6

 
$
621.2


The reduction in Prepaid operating ground leases is a result of the reclassification of assets to the Right-of-use asset in connection with the Company’s adoption of the new lease accounting standard.