CASH EQUIVALENT AND INVESTMENTS

3 Months Ended

Mar. 31, 2019

Cash and Cash Equivalents [Abstract]

CASH EQUIVALENT AND INVESTMENT

NOTE 8. CASH EQUIVALENTS AND INVESTMENTS

The table below provides additional information on the Company’s cash equivalents and investments:

	As of March 31, 2019
							Balance sheet location
	Cost		Gross Unrealized Gains		Fair Value		Cash and cash equivalents		Short-term investments		Other assets
Certificates of deposit and money market deposit accounts (1)	$	551.0	$	-	$	551.0	$	432.4	$	110.9	$	7.7
Open-ended mutual funds	$	15.6	$	2.1	$	17.7	$	-	$	3.1	$	14.6
	As of December 31, 2018
							Balance sheet location
	Cost		Gross Unrealized Gains		Fair Value		Cash and cash equivalents		Short-term investments		Other assets
Money market mutual funds	$	15.2	$	-	$	15.2	$	15.2	$	-	$	-
Certificates of deposit and money market deposit accounts (1)	$	1,022.4	$	-	$	1,022.4	$	904.3	$	115.8	$	2.3
Open-ended mutual funds	$	29.5	$	3.8	$	33.3	$	-	$	16.7	$	16.6
(1) Consists of time deposits and money market deposit accounts. The remaining contractual maturities for the certificates of deposits classified as short-term investments were one to 12 months at both March 31, 2019 and December 31, 2018. The remaining contractual maturities for the certificates of deposits classified in other assets are 13 to 32 months at March 31, 2019 and 14 to 36 months at December 31, 2018. Time deposits with a maturity of less than 90 days at time of purchase are classified as cash and cash equivalents.