CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 153.2	$ 323.0
Short-term investments	0.2	31.4
Trade receivables	34.4	49.8
Inventory	32.5	22.3
Prepaid expenses and other current assets	20.5	25.2
Total current assets	240.8	451.7
Investments in unconsolidated affiliates	851.9	397.2
Lease assets - see Note B	218.6	0.0
Property and equipment, net	155.8	176.4
Other intangible assets, net	154.2	175.8
Goodwill	164.8	164.8
Fixed maturity securities available for sale, at fair value	18.7	17.8
Deferred tax asset	19.9	16.9
Other long term investments and non-current assets	69.0	58.9
Total assets	1,893.7	1,459.5
Current liabilities:
Accounts payable and other accrued liabilities, current	91.6	98.4
Lease liabilities, current - see Note B	43.2	0.0
Income taxes payable	20.3	24.2
Deferred revenue	22.4	31.5
Notes payable, current	7.4	5.9
Total current liabilities	184.9	160.0
Lease liabilities, long term - see Note B	210.5	0.0
Deferred revenue, long term	0.2	0.2
Notes payable, long term	193.8	42.2
Accounts payable and other accrued liabilities, long term	29.6	57.4
Total liabilities	619.0	259.8
Commitments and contingencies - see Note G
Equity:
Cannae common stock, $0.0001 par value; authorized 115,000,000 shares as of September 30, 2019 and December 31, 2018; outstanding of 72,081,360 and 72,223,692 shares as of September 30, 2019 and December 31, 2018, respectively, and issued of 72,236,998 and 72,234,330 shares as of September 30, 2019 and December 31, 2018, respectively	0.0	0.0
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of September 30, 2019 and December 31, 2018	0.0	0.0
Retained earnings	119.1	45.8
Additional paid-in capital	1,156.3	1,146.2
Less: Treasury stock, 155,638 and 10,638 shares as of September 30, 2019 and December 31, 2018, respectively, at cost	(4.1)	(0.2)
Accumulated other comprehensive loss	(59.2)	(67.2)
Total Cannae shareholders' equity	1,212.1	1,124.6
Noncontrolling interests	62.6	75.1
Total equity	1,274.7	1,199.7
Total liabilities and equity	$ 1,893.7	$ 1,459.5

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer), including liabilities for compensation costs, fringe benefits other than pension and postretirement obligations, rent, contractual rights and obligations, and statutory obligations.