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FINANCIAL INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2020
INVESTMENTS  
Schedule of Financial Investments

March 31, 2020

    

Cost basis

    

Unrealized gains

    

Unrealized losses

    

Fair value

Available-for-sale securities:

U.S. Treasury securities

$

25.2

$

$

$

25.2

Trading securities:

Marketable securities (1)

18.4

18.4

Total financial investments

$

43.6

$

$

$

43.6

December 31, 2019

    

Cost basis 

    

Unrealized gains

    

Unrealized losses

    

Fair value

Available-for-sale securities:

U.S. Treasury securities

$

47.6

$

$

$

47.6

Trading securities:

Marketable securities (1)

23.4

23.4

Total financial investments

$

71.0

$

$

$

71.0

(1)The marketable securities are primarily mutual funds maintained for non-qualified retirement and benefit plans, also referred to as deferred compensation plan assets. See Note 15 (“Employee Benefit Plans”) for more information.