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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Unrecorded Unconditional Purchase Obligations Disclosure
The following table summarizes minimum noncancelable payments contractually due under Federated's significant service contracts:
 
 
Payments due in
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
After

 
 
(in millions)
 
2019

 
2020

 
2021

 
2022

 
2023

 
2023

 
Total

Purchase Obligations1
 
$
26.9

 
$
6.7

 
$
1.1

 
$
0.0

 
$
0.0

 
$
0.0

 
$
34.7

Other Obligations
 
2.1

 
0.7

 
0.0

 
0.0

 
0.0

 
0.0

 
2.8

Total
 
$
29.0

 
$
7.4

 
$
1.1

 
$
0.0

 
$
0.0

 
$
0.0

 
$
37.5

1
Federated is a party to various contracts pursuant to which it receives certain services, including services for marketing and information technology, access to various fund-related information systems and research databases, trade order transmission and recovery services as well as other services. These contracts contain certain minimum noncancelable payments, cancellation provisions and renewal terms. The contracts require payments through the year 2021. Costs for such services are expensed as incurred.