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REDEMPTION SETTLEMENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
REDEMPTION SETTLEMENT ASSETS  
Schedule of redemption settlement assets

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December 31, 2019

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December 31, 2018

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Amortized

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Unrealized

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Unrealized

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Amortized

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Unrealized

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Unrealized

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Cost

    

Gains

    

Losses

    

Fair Value

    

Cost

    

Gains

    

Losses

    

Fair Value

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(in millions)

Restricted cash

 

$

39.3

 

$

—

 

$

—

 

$

39.3

 

$

43.9

 

$

—

 

$

—

 

$

43.9

Mutual funds

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25.1

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—

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—

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25.1

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23.2

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—

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—

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23.2

Corporate bonds

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536.0

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2.4

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(2.0)

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536.4

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497.5

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0.1

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(6.1)

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491.5

Total

 

$

600.4

 

$

2.4

 

$

(2.0)

 

$

600.8

 

$

564.6

 

$

0.1

 

$

(6.1)

 

$

558.6

Schedule of unrealized losses and fair value for investments that were in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position

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December 31, 2019

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Less than 12 months

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12 Months or Greater

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Total

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Unrealized

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Unrealized

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Unrealized

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Fair Value

    

Losses

    

Fair Value

    

Losses

    

Fair Value

    

Losses

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(in millions)

Corporate bonds

 

$

166.6

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$

(1.3)

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$

155.1

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$

(0.7)

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$

321.7

 

$

(2.0)

Total

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$

166.6

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$

(1.3)

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$

155.1

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$

(0.7)

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$

321.7

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$

(2.0)

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December 31, 2018

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Less than 12 months

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12 Months or Greater

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Total

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Unrealized

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Unrealized

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Unrealized

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Fair Value

    

Losses

    

Fair Value

    

Losses

    

Fair Value

    

Losses

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(in millions)

Corporate bonds

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$

31.2

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$

(0.1)

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$

414.4

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$

(6.0)

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$

445.6

 

$

(6.1)

Total

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$

31.2

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$

(0.1)

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$

414.4

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$

(6.0)

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$

445.6

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$

(6.1)

Schedule of redemption settlement assets by contractual maturity date

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Amortized

    

Estimated

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Cost

    

Fair Value

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(in millions)

Due in one year or less

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$

129.5

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$

129.4

Due after one year through five years

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427.8

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428.2

Due after five year through ten years

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​

3.8

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​

3.9

Total

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$

561.1

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$

561.5