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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Impact of ASC 326
The following table illustrates the impact of the Company's adoption of ASC 326 (in millions):
January 1, 2020
As Reported under ASC 326Prior to ASC 326 AdoptionImpact of ASC 326 Adoption
Assets:
Allowance for credit losses on Accounts receivable and retention$1.6 $0.3 $1.3 
Allowance for credit losses on Other receivables4.2 1.6 2.6 
Allowance for credit losses on costs and estimated earnings in excess of billings on uncompleted contracts1
0.1 — 0.1 
Total$5.9 $1.9 $4.0 
1 Included in Prepaid expenses and other assets in the condensed consolidated balance sheets.
Interest and Other Income (Expense), Net
Interest and other income (expense), net for the three and nine months ended September 30, 2020 and 2019 included the following (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Interest income$0.2 $0.9 $1.0 $2.9 
Pension and postretirement benefit (expense)(0.6)(1.1)(1.9)(3.4)
Gain (loss) on sale of joint venture interest— — — 2.6 
Other income (expense), net— 0.8 0.3 0.7 
Interest and other income (expense), net$(0.4)$0.6 $(0.6)$2.8