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Other Assets (Tables)
3 Months Ended
Mar. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Summary of prepaid expenses and other current assets
A summary of prepaid expenses and other current assets as of March 31, 2024 and December 31, 2023 follows:
20242023
Prepaid expenses$124.3 $123.0 
Inventories101.4 97.3 
Other non-trade receivables73.5 63.2 
Income taxes receivable47.4 126.3 
Reinsurance receivable35.4 35.4 
Prepaid fees for cloud-based hosting arrangements, current24.6 17.0 
Derivative and hedging assets5.1 4.2 
Other current assets7.3 6.2 
Total$419.0 $472.6 
Summary of other assets
A summary of other assets as of March 31, 2024 and December 31, 2023 follows:
20242023
Investments$584.2 $469.4 
Operating right-of-use lease assets228.9 238.1 
Deferred compensation plan119.6 112.7 
Reinsurance receivable91.8 92.1 
Derivative and hedging assets87.9 74.1 
Deferred contract costs and sales commissions82.1 82.5 
Prepaid fees and capitalized implementation costs for cloud-based hosting arrangements79.9 67.6 
Amounts recoverable for capping, closure and post-closure obligations22.5 21.9 
Deferred financing costs3.3 3.6 
Other19.2 21.9 
Total$1,319.4 $1,183.9