Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 219.4	$ 207.1
Investments	45.7	41.5
Accounts receivable, less allowance of $1.9 and $1.8, respectively	124.3	139.3
Other	23.7	22.0
Total current assets	413.1	409.9
Property, equipment, and capitalized software, less accumulated depreciation and amortization of $203.9 and $169.8, respectively	150.0	134.5
Investments in unconsolidated entities	51.0	35.6
Goodwill	370.7	364.2
Intangible assets, net	65.3	74.2
Other assets	9.4	10.6
Total assets	1,059.5	1,029.0
Current liabilities:
Accounts payable and accrued liabilities	35.0	39.2
Accrued compensation	57.7	80.9
Deferred revenue	144.9	140.7
Short-term debt	60.0	35.0
Other	16.6	8.6
Total current liabilities	314.2	304.4
Accrued compensation	9.9	8.9
Deferred tax liability, net	17.3	19.8
Deferred rent	22.6	25.4
Other long-term liabilities	33.5	29.9
Total liabilities	397.5	388.4
Morningstar, Inc. shareholders' equity:
Common stock, no par value, 200,000,000 shares authorized, of which 43,058,990 and 43,403,076 shares were outstanding as of September 30, 2016 and December 31, 2015, respectively	0.0	0.0
Treasury stock at cost, 9,961,108 and 9,478,449 shares as of September 30, 2016 and December 31, 2015, respectively	(657.3)	(619.8)
Additional paid-in capital	580.8	575.5
Retained earnings	801.5	739.2
Accumulated other comprehensive income (loss):
Currency translation adjustment	(63.3)	(53.5)
Unrealized loss on available-for-sale securities	0.0	(1.1)
Total accumulated other comprehensive loss	(63.3)	(54.6)
Total Morningstar, Inc. shareholders' equity	661.7	640.3
Noncontrolling interest	0.3	0.3
Total equity	662.0	640.6
Total liabilities and equity	$ 1,059.5	$ 1,029.0