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

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March 31, 2020

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Cost basis

    

Unrealized gains

    

Unrealized losses

    

Fair value

Available-for-sale securities:

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​

​

​

​

​

​

​

​

​

​

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U.S. Treasury securities

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$

25.2

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$

—

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$

—

​

$

25.2

Trading securities:

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​

​

​

​

​

​

​

​

​

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Marketable securities (1)

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18.4

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—

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​

—

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18.4

Total financial investments

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$

43.6

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$

—

​

$

—

​

$

43.6

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​

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​

​

​

​

​

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

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​

—

​

​

—

​

​

23.4

Total financial investments

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$

71.0

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$

—

​

$

—

​

$

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.