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OTHER CURRENT AND NON-CURRENT ASSETS - Components of Other Current and Non-Current Assets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Asbestos-related assets(a) $ 91.0 [1] $ 67.2
Advance payments and other prepaid expenses 31.3 45.4
Current contract assets, net 17.4 18.0
Prepaid income taxes 30.6 20.6
Other 1.5 2.2
Other current assets 171.8 153.4
Other employee benefit-related assets 137.6 133.6
Operating lease right-of-use assets 87.9 91.7
Capitalized software costs 25.2 30.1
Environmental-related assets 19.6 22.2
Equity method investments 10.0 9.8
Other 25.8 29.1
Other non-current assets $ 306.1 $ 316.5
[1] The increase in asbestos-related assets as of September 30, 2020 primarily relates to a June 2020 settlement agreement with an insurer accelerating payments previously included in a buyout agreement. Refer to Note 19, Commitments and Contingencies, for further information.