Investments (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020
Short-term investments
Certificates of deposit	$	37.2	$	—	$	37.2
Long-term investments
Assets held in a rabbi trust	$	5.2	$	1.4	$	6.6
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

Schedule of Financing Receivables, Minimum Payments

Future minimum payments due from customers under finance lease receivables as of December 31, 2020 are as follows:

2021	$	14.5
2022	8.6
2023	6.3
2024	5.7
2025	5.3
Thereafter	3.6
	$	44.0

Schedule Of Components For Finance Lease Receivables

The following table presents the components of finance lease receivables as of December 31:

	2020		2019
Gross minimum lease receivable	$	44.0	$	41.8
Allowance for credit losses	(0.2)		(0.3)
Estimated unguaranteed residual values	0.2		0.2
	44.0		41.7
Less:
Unearned interest income	(1.5)		(2.8)
Unearned residuals	—		—
	(1.5)		(2.8)
Total	$	42.5	$	38.9

Schedule of Finance Lease Receivables Sold

The following table presents finance lease receivables sold by the Company for the years ended December 31:

	2020		2019		2018
Finance lease receivables sold	$	5.0	$	2.7	$	11.1