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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of new accounting pronouncements and changes in accounting principles
Effective January 1, 2020, we adopted the following accounting standards updates (ASUs) as issued by the Financial Accounting Standards Board (FASB):
ASUEffective Date
ASU 2016-13Credit Losses (Topic 326)January 1, 2020
ASU 2018-13
Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement (Topic 820)
January 1, 2020
Schedule of activity in allowance for doubtful accounts The following table reflects the activity in our allowance for doubtful accounts during the three months ended March 31, 2020.
Allowance for Doubtful Accounts and Other
Balance as of December 31, 2019$34.0  
Additions charged to expense4.9  
Accounts written-off(6.5) 
Balance as of March 31, 2020$32.4  
As a result of the unprecedented nature of COVID-19 and the various uncertainties surrounding the pandemic (e.g., the duration and spread of the pandemic), we continue to apply our historical loss rate assumptions and reserve against outstanding balances on an account-specific basis as we assess the collectability of our receivables. In certain situations, we may offer credit extensions to our customers as they navigate the current economic environment. In accordance with our accounting policy, we are actively monitoring the credit risk of our specific customers, age of receivables outstanding, recent collection trends and general economic conditions to evaluate the risk of credit loss.