XML 50 R37.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
9 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Lease, Cost
The components of lease expense were as follows (in millions):
 
 
Three Months Ended June 30, 2020
 
Nine Months Ended June 30, 2020
Operating lease expense(1)
 
$
25.4

 
$
76.4

Variable lease expense(2)
 
3.5

 
11.0

Total lease expense
 
$
28.9

 
$
87.4

(1) Operating lease expense includes short-term lease expense which was not material.
(2) Variable lease expense includes sublease income which was not material.

Supplemental cash flow information related to leases was as follows (in millions):
 
 
Nine Months Ended June 30, 2020
Cash paid for amounts included in the measurement of operating lease liabilities
 
$
75.2

Operating right-of-use assets obtained in exchange for lease obligations
 
81.4


Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in millions):
 
 
June 30, 2020
Weighted average remaining lease term
 
5.8 years

Weighted average discount rate
 
1.98
%


Operating Lease Maturity
Maturities of lease liabilities as of June 30, 2020, were as follows (in millions):
2020 (excluding the nine months ended June 30, 2020)
 
$
23.2

2021
 
93.4

2022
 
72.0

2023
 
52.2

2024
 
36.6

2025
 
23.0

Thereafter
 
61.8

  Total undiscounted lease payments
 
$
362.2

Less imputed interest
 
(22.4
)
   Total operating lease liabilities
 
$
339.8


Leases of Lessee Disclosure
Undiscounted maturities of operating leases accounted for under ASC 840 as of September 30, 2019, were as follows (in millions):
2020
 
$
90.6

2021
 
72.6

2022
 
51.8

2023
 
36.7

2024
 
26.4

Thereafter
 
63.8

  Total minimum lease payments
 
$
341.9