Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Schedule of Lease ROUs and Lease Liabilities

As of June 30, 2021 and December 31, 2020, lease right-of-use assets and lease liabilities consist of the following (in millions):

	June 30, 2021		December 31, 2020
Right-of-use assets:
Operating lease (Other non-current assets)	$	72.2	$	39.8
Finance lease (Property, plant and equipment, net)	0.3		0.9
Total right-of-use assets	$	72.5	$	40.7
Lease liabilities:
Current portion of operating lease (Other current liabilities)	$	16.2	$	11.2
Non-current portion of operating lease (Other non-current liabilities)	60.4		31.6
Finance lease (Debt obligations)	0.2		0.8
Total lease liabilities	$	76.8	$	43.6

Schedule of Leases, Cost

The following table summarizes the components of lease expense for the three and six months ended June 30, 2021 and 2020 (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Finance lease cost:
Amortization of right-of-use assets	$	0.3	$	0.3	$	0.6	$	0.6
Interest on lease liabilities	—		—		—		0.1
Net finance lease cost	0.3		0.3		0.6		0.7
Operating lease cost	4.3		3.5		7.8		7.2
Variable lease cost	0.1		0.1		0.2		0.2
Total lease cost	$	4.7	$	3.9	$	8.6	$	8.1

Cash flow information related to leases for the three and six months ended June 30, 2021and 2020 is as follows (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	—	$	0.1	$	—	$	0.1
Financing cash flows from finance leases	$	0.2	$	0.3	$	0.5	$	0.5
Operating cash flows from operating leases	$	4.2	$	3.6	$	7.9	$	7.1
Right-of-use assets obtained in exchange for new lease liabilities
Finance leases	$	—	$	0.1	$	—	$	0.1
Operating leases	$	37.3	$	3.6	$	41.2	$	12.1

As of June 30, 2021 and December 31, 2020, the weighted-average remaining lease term and the weighted-average discount rate for finance leases and operating leases are as follows:

	June 30, 2021		December 31, 2020
Weighted-average remaining lease term (years) - operating lease	8.0		4.4
Weighted-average remaining lease term (years) - finance lease	1.0		0.9
Weighted-average discount rate - operating lease	5.2	%	6.2	%
Weighted-average discount rate - finance lease	7.0	%	8.9	%

Schedule of Finance Lease, Liability, Maturity

As of June 30, 2021, undiscounted cash flows for finance and operating leases are as follows (in millions):

	Operating Leases		Finance Leases
2021	$	19.6	$	0.2
2022	16.6		—
2023	12.4		—
2024	8.9		—
2025	6.4		—
Thereafter	29.8		—
Total future lease payments	93.7		0.2
Less: Present values	(17.1)		—
Total lease liability balance	$	76.6	$	0.2

Schedule of Operating Lease, Liability, Maturity

As of June 30, 2021, undiscounted cash flows for finance and operating leases are as follows (in millions):

	Operating Leases		Finance Leases
2021	$	19.6	$	0.2
2022	16.6		—
2023	12.4		—
2024	8.9		—
2025	6.4		—
Thereafter	29.8		—
Total future lease payments	93.7		0.2
Less: Present values	(17.1)		—
Total lease liability balance	$	76.6	$	0.2