The Company has leases primarily pertaining to manufacturing facilities, distribution centers, office space, warehouses, automobiles, machinery, computer and office equipment that expire at various times through February 28, 2047. We have identified embedded operating leases within certain logistic agreements for warehouses and IT services arrangements and recognized assets identified in the arrangements as part of operating ROU assets on the Company’s Condensed Consolidated Statement of Financial Position as of December 29, 2019. We elected to exclude certain supply chain contracts that contain embedded leases for manufacturing facilities or dedicated manufacturing lines from our ROU asset and liability calculation based on the insignificant impact to our financial statements.

The following is a summary of the Company’s leases recognized on the Company’s Condensed Consolidated Statement of Financial Position as of December 29, 2019:


(in millions)	Line Item	December 29, 2019
Assets
Operating	Operating lease assets	$	98.5
Finance	Property, plant and equipment, net		143.0
Total leased assets		$	241.5
Liabilities
Current
Operating	Other current liabilities	$	19.5
Finance	Current portion of long-term debt		9.8
Long-term
Operating	Long-term operating lease liabilities		85.6
Finance	Long-term debt, net of current portion		154.0
Total lease liabilities		$	268.9

As of December 29, 2019, we have operating leases with an obligation and corresponding ROU assets of $1.7 million that was not recognized and will commence on January 1, 2020.

The Company records its operating lease and amortization of finance lease ROU assets within Cost of Goods Sold or Operating Expenses in the Condensed Consolidated Statement of Income depending on the nature and use of the underlying asset. The Company records its finance interest cost within interest expense in the Condensed Consolidated Statement of Income. The components of lease costs recognized in the Condensed Consolidated Statement of Income for the three months period ending December 29, 2019 are as follows:


	Three Month Period Ended
(in millions)	December 29. 2019
Operating lease cost	$	6.6
Finance lease cost
Amortization of leased assets		3.6
Interest on lease liability		2.3
Variable lease cost		2.5
Total lease cost	$	15.0

During the three month period ended December 29, 2019, the Company recognized income attributable to leases and sub-leases of $0.5 million, including $0.3 million from the sublease of the Company’s Corporate Headquarters in Middleton, Wisconsin with a related party, Energizer. Income from leases and sub-leases is recognized as Other Non-Operating Income on the Condensed Consolidated Statement of Income.

The following is a summary of the Company’s cash paid for amounts included in the measurement of lease liabilities recognized in the Condensed Consolidated Statement of Cash Flow, including supplemental non-cash activity related to operating leases, for the three months period ending December 29, 2019:


	Three Month Period Ended
(in millions)	December 29. 2019
Operating cash flow from operating leases	$	6.4
Operating cash flows from finance leases		2.3
Financing cash flows from finance leases		3.3
Supplemental non-cash flow disclosure
Acquisition of operating lease asset through lease obligations		2.4

The following is a summary of weighted-average lease term and discount rate for the three month period ending December 29, 2019:


Weighted average remaining lease term
Operating leases	6.5	years
Finance leases	16.0	years
Weighted average discount rate
Operating leases	4.55	%
Finance leases	5.59	%

At December 29, 2019, future lease payments under operating and finance leases were as follows:


(in millions)	Finance Leases		Operating Leases
2020	$	13.4	$	18.5
2021		20.5		22.2
2022		17.0		19.0
2023		16.0		17.0
2024		15.9		10.8
Thereafter		180.2		35.6
Total lease payments		263.0		123.1
Amount representing interests		(99.2)		(18.0)
Total minimum lease payments	$	163.8	$	105.1

As of September 30, 2019, minimum commitments under the Company’s leases, as required under prior lease guidance in ASC 840, were as follows:


(in millions)	Finance Leases		Operating Leases
2020	$	17.5	$	25.0
2021		19.7		23.2
2022		16.5		20.6
2023		15.5		17.8
2024		15.4		10.8
Thereafter		179.9		37.5
Total lease payments		264.5		134.9
Amount representing interests		(98.9)		—
Total minimum lease payments	$	165.6	$	134.9