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FINANCIAL INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2020
INVESTMENTS  
Schedule of Financial Investments

June 30, 2020

    

Cost basis

    

Unrealized gains

    

Unrealized losses

    

Fair value

Available-for-sale securities:

U.S. Treasury securities

$

155.6

$

$

$

155.6

Trading securities:

Marketable securities (1)

20.9

20.9

Total financial investments

$

176.5

$

$

$

176.5

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.