Other Liabilities

12 Months Ended

Dec. 31, 2019

Other Liabilities Disclosure [Abstract]

Other Liabilities

OTHER LIABILITIES

Other Accrued Liabilities

A summary of other accrued liabilities as of December 31 follows:

	2019		2018
Accrued payroll and benefits	$	207.7	$	205.1
Insurance reserves, current portion	162.0		152.9
Accrued fees and taxes	140.8		124.2
Accrued dividends	129.2		121.0
Operating right-of-use lease liabilities, current (1)	51.5		—
Ceded insurance reserves, current portion	31.6		25.7
Interest rate swap locks	14.9		—
Accrued professional fees and legal settlement reserves	11.8		13.1
Other	64.7		86.6
Total	$	814.2	$	728.6

(1) Refer to Note 2, Summary of Significant Accounting Policies, for discussion regarding our adoption of ASC 842.

 Other Long-Term Liabilities

A summary of other long-term liabilities as of December 31 follows:

	2019		2018
Operating right-of-use lease liabilities (1)	$	212.5	$	—
Deferred compensation plan liability	116.1		96.0
Ceded insurance reserves	80.6		68.0
Contingent purchase price and acquisition holdbacks	71.2		73.9
Other derivative liabilities	22.2		—
Withdrawal liability - multiemployer pension funds	12.0		12.2
Legal settlement reserves	10.0		10.0
Pension and other post-retirement liabilities	6.2		6.0
Interest rate swap locks	0.8		—
Other	47.8		55.3
Total	$	579.4	$	321.4

(1) Refer to Note 2, Summary of Significant Accounting Policies, for discussion regarding our adoption of ASC 842.

Insurance Reserves

Our liabilities for unpaid and incurred but not reported claims as of December 31, 2019 and 2018 (which include claims for workers’ compensation, commercial general and auto liability, and employee-related health care benefits) were $438.5 million and $423.7 million, respectively, under our risk management program and are included in other accrued liabilities and insurance reserves, net of current portion, in our consolidated balance sheets. While the ultimate amount of claims incurred depends on future developments, we believe the recorded reserves are adequate to cover the future payment of claims; however, it is possible that these recorded reserves may not be adequate to cover the future payment of claims. Adjustments, if any, to estimates recorded resulting from ultimate claim payments will be reflected in our consolidated statements of income in the periods in which such adjustments are known.

The following table summarizes the activity in our insurance reserves for the years ended December 31: 

	2019		2018		2017
Balance at beginning of year	$	423.7	$	420.2	$	418.5
Additions charged to expense	468.5		452.4		432.9
Payments	(479.3)		(461.4)		(448.0)
Accretion expense	0.7		0.9		1.2
Premium written for third party risk assumed	35.5		31.6		29.6
Reclassified to ceded insurance reserves	(10.6)		(20.0)		(14.0)
Balance at end of year	438.5		423.7		420.2
Less: current portion	(162.0)		(152.9)		(144.8)
Long-term portion	$	276.5	$	270.8	$	275.4