Leasing Arrangements

12 Months Ended

Dec. 31, 2014

We lease certain manufacturing facilities, warehouse space, machinery and equipment, automobiles, railcars, computers and software under operating leases. Rent expense from continuing operations was $30.4 million in 2014, $24.5 million in 2013 and $20.2 million in 2012.

Future minimum lease payments under non-cancelable operating leases with initial lease terms longer than one year as of December 31, 2014 are as follows (in millions):



(In millions)
2015	$	25.6
2016	19.5
2017	12.7
2018	9.0
2019	7.2
Thereafter	14.5
Total	$	88.5

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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