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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 32.9 $ 62.6
Investments, at fair value 1,957.9 1,576.2
Other receivables 29.3 46.6
Assets of consolidated investment entities [1] 2,020.1 1,685.4
Liabilities    
Collateralized loan obligation notes, at fair value 1,603.1 1,316.7
Other liabilities 83.9 138.4
Liabilities of consolidated investment entities [1] 1,687.0 1,455.1
Fixed maturity securities available for sale, amortized cost $ 11,064.8 $ 10,834.0
Preferred stock, dividend rate 6.50% 6.50%
Preferred stock, par value (in dollars per share) $ 1.00 $ 1.0
Preferred stock, shares authorized (in shares) 2,875,000 2,875,000
Preferred stock, shares issued (in shares) 2,875,000 2,875,000
Preferred stock, shares outstanding (in shares) 2,875,000 2,875,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 800,000,000 800,000,000
Common stock shares issued (in shares) 161,607,866 161,153,454
Common stock, shares outstanding (in shares) 59,945,893 61,908,979
Treasury stock, at cost (in shares) 101,661,973 99,244,475
[1]
The following table presents information on assets and liabilities related to consolidated investment entities as of December 31, 2019 and 2018.
 
December 31,
 
2019
 
2018
 
(in millions)
Assets
 
 
 
Cash and cash equivalents
$
32.9

 
$
62.6

Investments, at fair value
1,957.9

 
1,576.2

Other receivables
29.3

 
46.6

Total assets
$
2,020.1

 
$
1,685.4

Liabilities
 
 
 
Collateralized loan obligation notes, at fair value
$
1,603.1

 
$
1,316.7

Other liabilities
83.9

 
138.4

Total liabilities
$
1,687.0

 
$
1,455.1