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Other Long-Term Assets
 12 Months Ended
Dec. 31, 2023
Other Assets, Noncurrent Disclosure [Abstract]  
Other Long-Term Assets

15. Other Long-Term Assets

Other long-term assets consisted of the following (in millions):

 

 

December 31,

 

 

 

2023

 

 

2022

 

Lease right of use assets (See Note 13)

 

$

264.3

 

 

$

237.2

 

Investments in affiliates (See Note 14)

 

 

43.3

 

 

 

50.7

 

Rabbi trust, less current portion

 

 

12.3

 

 

 

12.4

 

Long term notes receivable

 

 

8.0

 

 

 

—

 

Long term customer finance receivables

 

 

6.8

 

 

 

3.5

 

Other

 

 

25.0

 

 

 

17.4

 

 

 

359.7

 

 

 

321.2

 

Less allowance for doubtful receivables on long-term receivables

 

 

(0.1

)

 

 

(0.1

)

 

$

359.6

 

 

$

321.1

 

The rabbi trust (the “Trust”) holds investments to fund certain of the Company’s obligations under its nonqualified SERP. Trust investments include money market and mutual funds. The Trust assets are subject to claims of the Company’s creditors.