| OTHER ASSETS 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: | | | | | | | | | | | | | 2024 | | 2023 | | Prepaid expenses | $ | 124.3 | | | $ | 123.0 | | | Inventories | 101.4 | | | 97.3 | | | Other non-trade receivables | 73.5 | | | 63.2 | | | Income taxes receivable | 47.4 | | | 126.3 | | | Reinsurance receivable | 35.4 | | | 35.4 | | | Prepaid fees for cloud-based hosting arrangements, current | 24.6 | | | 17.0 | | | Derivative and hedging assets | 5.1 | | | 4.2 | | | Other current assets | 7.3 | | | 6.2 | | | | | | | Total | $ | 419.0 | | | $ | 472.6 | |
Other Assets A summary of other assets as of March 31, 2024 and December 31, 2023 follows: | | | | | | | | | | | | | 2024 | | 2023 | | Investments | $ | 584.2 | | | $ | 469.4 | | | Operating right-of-use lease assets | 228.9 | | | 238.1 | | | Deferred compensation plan | 119.6 | | | 112.7 | | | Reinsurance receivable | 91.8 | | | 92.1 | | | Derivative and hedging assets | 87.9 | | | 74.1 | | | Deferred contract costs and sales commissions | 82.1 | | | 82.5 | | | Prepaid fees and capitalized implementation costs for cloud-based hosting arrangements | 79.9 | | | 67.6 | | | Amounts recoverable for capping, closure and post-closure obligations | 22.5 | | | 21.9 | | | Deferred financing costs | 3.3 | | | 3.6 | | | Other | 19.2 | | | 21.9 | | | Total | $ | 1,319.4 | | | $ | 1,183.9 | |
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