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Investments (Tables)
 12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Investments
The Company’s investments consist of the following:
 
Cost Basis
 
Unrealized Gain
 
Fair Value
As of December 31, 2019
 
 
 
 
 
Short-term investments
 
 
 
 
 
Certificates of deposit
$
10.0

 
$
—

 
$
10.0

Long-term investments
 
 
 
 
 
Assets held in a rabbi trust
$
5.5

 
$
0.7

 
$
6.2

 
 
 
 
 
 
As of December 31, 2018
 
 
 
 
 
Short-term investments
 
 
 
 
 
Certificates of deposit
$
33.5

 
$
—

 
$
33.5

Long-term investments:
 
 
 
 
 
Assets held in a rabbi trust
$
6.5

 
$
(0.2
)
 
$
6.3
Schedule Of Components For Finance Lease Receivables
The following table presents finance lease receivables sold by the Company for the years ended December 31:
 
2019
 
2018
 
2017
Finance lease receivables sold
$
2.7

 
$
11.1

 
$
—


The following table presents the components of finance lease receivables as of December 31:
 
2019
 
2018
Gross minimum lease receivable
$
41.8

 
$
39.0

Allowance for credit losses
(0.3
)
 
(0.4
)
Estimated unguaranteed residual values
0.2

 
0.4

 
41.7

 
39.0

Less:
 
 
 
Unearned interest income
(2.8
)
 
(3.0
)
Unearned residuals
—

 
(0.1
)
 
(2.8
)
 
(3.1
)
Total
$
38.9

 
$
35.9
Schedule of Financing Receivables, Minimum Payments
Future minimum payments due from customers under finance lease receivables as of December 31, 2019 are as follows:
2020
$
10.9

2021
7.4

2022
7.3

2023
7.2

2024
6.4

Thereafter
2.6

 
$
41.8
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure
The following table summarizes the Company’s allowances for doubtful accounts:
 
2019
 
2018
 
2017
Balance at January 1
$
58.2

 
$
71.7

 
$
50.4

Charged to costs and expenses
24.4

 
22.8

 
54.9

Charged to other accounts (1)
(0.9
)
 
(4.1
)
 
1.4

Deductions (2)
(39.5
)
 
(32.2
)
 
(35.0
)
Balance at December 31
$
42.2

 
$
58.2

 
$
71.7


(1)    Net effects of foreign currency translation.
(2)    Uncollectible accounts written-off, net of recoveries.