Other Assets

3 Months Ended

Mar. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

OTHER ASSETS

Prepaid Expenses and Other Current Assets

A summary of prepaid expenses and other current assets as of March 31, 2019 and December 31, 2018 follows:


	2019		2018
Income tax receivable	$	105.3	$	187.7
Other prepaid expenses	72.7		75.6
Inventories	55.4		53.1
Reinsurance receivable	29.9		25.7
Other non-trade receivables	25.7		34.4

Prepaid fees for cloud-based hosting arrangements, current	9.9		10.2
Other current assets	4.0		4.5
Total	$	302.9	$	391.2

Other Assets

A summary of other assets as of March 31, 2019 and December 31, 2018 follows:


	2019		2018
Right-of-use lease asset	$	228.0	$	—
Deferred compensation plan	107.8		100.0
Deferred contract costs and sales commissions	87.0		89.2
Reinsurance receivable	77.8		68.0
Investments	61.4		73.0
Prepaid fees and capitalized implementation costs for cloud-based hosting arrangements ⁽¹⁾	35.8		—
Amounts recoverable for capping, closure and post-closure obligations	31.2		30.5
Interest rate swaps and locks	13.3		12.8
Deferred financing costs	3.9		4.2
Other	39.7		40.1
Total	$	685.9	$	417.8

(1) In accordance with our adoption of ASU 2018-15, capitalized implementation costs for cloud-based hosting arrangements are presented as other assets as of March 31, 2019. Similar costs are presented as a component of property, plant and equipment as of December 31, 2018.