FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

The table below presents the changes in our investment in the equity security, measured at net asset value using a practical expedient to fair value guidance, for the years ended December 31, 2019 and 2018, respectively, including the increase in net asset value recorded to “Other income (expense), net.” As noted above, this investment was recognized at its historical cost (of $0.6) until the fourth quarter of 2018.

	Year ended December 31,
	2019		2018
Balance at beginning of year	$	16.6	$	0.6
Impact of conversion from historical cost to fair value	—		16.0
Increase in net asset value recorded to earnings	7.8		—
Proceeds received from partial distribution of investee	(2.6)		—
Balance at end of year	$	21.8	$	16.6

Estimated fair values of other financial liabilities not measured at fair value on a recurring basis

The estimated fair values of other financial liabilities (excluding finance/capital leases and deferred financing fees) not measured at fair value on a recurring basis as of December 31, 2019 and 2018 were as follows:

	December 31, 2019				December 31, 2018
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Term loan, due in June 2022(1)	$	100.0	$	100.0	$	—	$	—
Former term loan(1)	—		—		140.0		140.0
5.625% senior notes(1)	300.0		312.0		300.0		283.5
5.875% senior notes(1)	300.0		316.5		300.0		279.4
Other indebtedness	20.7		20.7		25.9		25.9

(1)Carrying amount reflected herein excludes related deferred financing fees.