Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Sales-type Lease Receivable

Lease receivables relating to sales-type lease arrangements are presented on the Consolidated Balance Sheets as follows (in millions):

	December 31,
	2019		2018
Gross lease receivables	$	191.9	$	150.4
Unearned income	(10.1)		(6.3)
Allowance for credit loss	(1.2)		(1.0)
Net investment in sales-type leases	$	180.6	$	143.1
Reported as:
Prepaids and other current assets	$	63.1	$	51.2
Intangible and other assets, net	117.5		91.9
Total, net	$	180.6	$	143.1

Sales-type Lease Receivable

The following table presents revenue from Intuitive System Leasing arrangements (in millions):

	Years Ended December 31,
	2019		2018		2017
Sales-type lease revenue	$	81.6	$	69.8	$	49.5
Operating lease revenue	$	106.9	$	51.4	$	25.9

Schedule of Contractual Maturities of Gross Lease Receivables

Contractual maturities of gross lease receivables as of December 31, 2019, are as follows (in millions):

Fiscal Year	Amount
2020	$	63.5
2021	52.9
2022	36.2
2023	22.1
2024	15.4
2025 and thereafter	1.8
Total	$	191.9

Schedule of Operating Lease Payments

The Company’s operating lease terms are generally less than seven years. Future minimum lease payments related to the non-cancellable portion of operating leases (which excludes contingent payments related to usage-based arrangements) as of December 31, 2019, are as follows (in millions):

Fiscal Year	Amount
2020	$	146.5
2021	134.2
2022	116.0
2023	86.6
2024	40.6
2025 and thereafter	10.8
Total	$	534.7

Supplemental Cash Flow and Balance Sheet Information

Supplemental cash flow information for the year ended December 31, 2019, related to operating leases was as follows (in millions):

	Amount
Cash paid for leases that were included within operating cash outflows	$	18.8
Right-of-use assets recognized related to new lease obligations	$	21.5

Supplemental Balance Sheet Information

Supplemental balance sheet information, as of December 31, 2019, related to operating leases was as follows (in millions, except lease term and discount rate):

Reported as:	Amount
Intangible and other assets, net (Right-of-use assets)	$	74.4
Other accrued liabilities	$	7.7
Other long-term liabilities	68.7
Total lease liabilities	$	76.4
Weighted average remaining lease term	6.1 years
Weighted average discount rate	3.4		%

Schedule of Maturities of Operating Lease Liabilities

As of December 31, 2019, the future payments related to the Company's operating lease liabilities are scheduled as follows (in millions):

Fiscal Year	Amount
2020	$	9.6
2021	19.7
2022	14.7
2023	12.8
2024	8.4
2025 and thereafter	22.4
Total lease payments	$	87.6
Less imputed interest	(11.2)
Total operating lease liabilities	$	76.4

Contractual Maturities of Gross Lease Receivables

Contractual maturities of gross lease receivables as of December 31, 2018, are as follows (in millions):

Fiscal Year	Amount
2019	$	50.8
2020	46.5
2021	29.7
2022	14.9
2023	7.5
2024 and thereafter	1.0
Total lease payments	$	150.4

Schedule Of Future Minimum Lease Commitments Under Operating Leases

Operating Leases. Future minimum lease payments related to the non-cancellable portion of operating leases (which excludes contingent payments related to usage-based arrangements) as of December 31, 2018, are as follows (in millions):

Fiscal Year	Amount
2019	$	88.0
2020	85.8
2021	68.8
2022	51.3
2023	25.4
2024 and thereafter	1.9
Total lease payments	$	321.2

Lessee Information

Operating Leases. Future minimum lease commitments under the Company's operating leases as of December 31, 2018, are as follows (in millions):

Fiscal Year	Amount
2019	$	15.1
2020	14.5
2021	12.7
2022	11.2
2023	11.0
2024 and thereafter	30.9
Total lease payments	$	95.4