Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of components of operating and finance leased asset

The components of ROU assets and lease liabilities and classification on the Condensed Consolidated Balance Sheet as of March 31, 2020 and December 31, 2019 were as follows:

(millions) (unaudited)	Classification	March 31, 2020		December 31, 2019
Assets
Operating	Right-of-use assets	$	324.6	$	431.7
Finance	Leasehold improvements, equipment and construction in progress, net	20.0		18.6
Total leased assets		$	344.6	$	450.3
Liabilities
Current
Operating	Short-term lease liabilities	$	108.5	$	115.2
Finance	Current portion of long-term obligations under credit facility and other long-term borrowings	3.5		3.1
Noncurrent
Operating	Long-term lease liabilities	305.7		327.7
Finance	Other long-term borrowings	16.6		15.6
Total lease liabilities		$	434.3	$	461.6

Components of lease cost

The components of lease cost and classification in the Condensed Consolidated Statement of Income for the three months ended March 31, 2020 and 2019 were as follows:

		Three Months Ended
(millions) (unaudited)	Classification	March 31, 2020		March 31, 2019
Operating lease (a)	Cost of services - lease type contracts	$	35.6	$	41.4
Short-term lease (a)	Cost of services - lease type contracts	8.8		3.8
Variable Lease	Cost of services - lease type contracts	7.8		13.1
Operating lease cost		52.2		58.3
Finance lease cost
Amortization of leased assets	Depreciation and amortization	0.7		0.5
Interest on lease liabilities	Interest expense	0.2		0.2
Lease impairment	Lease impairment	77.5		—
Net lease cost		$	130.6	$	59.0

^(a) Operating lease cost included in General and administrative expenses are related to leases for office space amounting to $1.5 million and $1.3 million for the three months ended March 31, 2020 and 2019, respectively.

Schedule of finance lease liabilities

Maturities of lease liabilities, lease term, and discount rate information as of March 31, 2020 were as follows:

(millions) (unaudited)	Operating  Leases Liabilities			Finance Leases Liabilities			Total
2020	$	100.3		$	3.3		$	103.6
2021	106.1			4.4			110.5
2022	85.6			3.9			89.5
2023	58.2			2.9			61.1
2024	39.3			1.8			41.1
After 2024	97.3			6.2			103.5
Total lease payments	486.8			22.5			509.3
Less: Imputed interest	72.6			2.4			75.0
Present value of lease liabilities	$	414.2		$	20.1		$	434.3
Weighted-average remaining lease term (years)	5.5			6.5
Weighted-average discount rate	4.9		%	4.8		%

Schedule of operating lease liabilities

Maturities of lease liabilities, lease term, and discount rate information as of March 31, 2020 were as follows:

(millions) (unaudited)	Operating  Leases Liabilities			Finance Leases Liabilities			Total
2020	$	100.3		$	3.3		$	103.6
2021	106.1			4.4			110.5
2022	85.6			3.9			89.5
2023	58.2			2.9			61.1
2024	39.3			1.8			41.1
After 2024	97.3			6.2			103.5
Total lease payments	486.8			22.5			509.3
Less: Imputed interest	72.6			2.4			75.0
Present value of lease liabilities	$	414.2		$	20.1		$	434.3
Weighted-average remaining lease term (years)	5.5			6.5
Weighted-average discount rate	4.9		%	4.8		%

Schedule of supplemental cash flow information

Supplemental cash flow information related to leases for the three months ended March 31, 2020 and 2019 was as follows:

	Three Months Ended
(millions) (unaudited)	March 31, 2020		March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows related to operating leases	$	50.3	$	47.7
Operating cash flows related to finance leases	0.2		0.2
Financing cash flows related to finance leases	0.8		0.5
Leased assets obtained in exchange for new operating liabilities	8.1		25.5
Leased assets obtained in exchange for new finance lease liabilities	2.1		0.4