Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Assets and Liabilities, Lessee

The following table summarizes our operating lease assets and lease liabilities:

Leases (in millions)	Classification on the Balance Sheet	As of March 31, 2020		As of December 31, 2019
Assets
Operating	Operating Lease Assets	$	147.0	$	144.8
Liabilities
Operating	Operating lease liabilities, current	$	35.9	$	35.8
Operating	Operating lease liabilities, non-current	136.0		138.7
Total lease liabilities		$	171.9	$	174.5

The following table summarizes the weighted-average lease terms and weighted-average discount rates for our operating leases:

	As of March 31, 2020
Weighted-average remaining lease term (in years)	6.7
Weighted-average discount rate	4.2	%

Lessee, Operating Lease, Liability, Maturity

The following table shows our minimum future lease commitments due in each of the next five years and thereafter for operating leases:

Minimum Future Lease Commitments (in millions)	Operating Leases
Remainder of 2020 (April 1 through December 31)	$	31.4
2021	39.2
2022	26.1
2023	23.6
2024	18.3
Thereafter	60.8
Total lease payments	199.4
Adjustment for discount to present value	27.5
Total	$	171.9