INVESTMENT IN SSAT (Tables)

12 Months Ended

Dec. 31, 2019

INVESTMENT IN SSAT

Schedule of condensed income statement information (unaudited) for SSAT

	Years Ended December 31,
(In millions)	2019		2018		2017
Company's share of net income	$	20.8	$	36.8	$	28.2
Distributions received	$	25.2	$	42.0	$	17.5

Unaudited condensed financial information for SSAT - Balance Sheet

	As of December 31,
Condensed Balance Sheets (in millions)	2019		2018
Current assets	$	300.8	$	310.4
Non-current assets (1)		1,283.0		152.1
Total Assets	$	1,583.8	$	462.5
Current liabilities (1)	$	201.9	$	71.0
Non-current liabilities (1)		1,179.2		156.2
Equity		202.7		235.3
Total Liabilities and Equity	$	1,583.8	$	462.5

(1) Non-current assets, current liabilities and non-current liabilities include $1,117.0 million, $135.7 million and $1,033.1 million at December 31, 2019, respectively, related to operating lease right of use assets and operating lease liabilities recorded as a result of the adoption of the new lease accounting standard during the year ended December 31, 2019.

Unaudited financial information for SSAT - Statement of Operating Income (Loss) and Net Income

	Years Ended December 31,
Condensed Statements of Operating Income and Net Income (in millions)	2019		2018		2017
Operating revenue	$	1,098.3	$	1,074.2	$	933.5
Operating costs and expenses		1,035.3		963.7		850.2
Operating income		63.0		110.5		83.3
Net Income (1)	$	57.2	$	104.9	$	80.9

(1) Includes earnings from equity method investments held by SSAT less earnings allocated to non-controlling interests.