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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Assets And Liabilities, Lessee
Leases consist of the following (in millions):
Year Ended December 31,
AssetsClassification20202019
OperatingOperating lease ROU assets$203.6 $199.8 
FinanceProperty and equipment, net94.8 59.8 
Total leases
$298.4 $259.6 
Liabilities
Current:
Operating
Operating lease liabilities$32.9 $39.5 
Finance
Accrued liabilities15.3 8.4 
Non-current:
Operating
Long-term operating lease liabilities179.7 173.4 
Finance
Long-term debt86.5 57.3 
Total lease liabilities$314.4 $278.6 
Schedule of Lease Cost
The components of lease costs were as follows (in millions):
Year Ended December 31,
20202019
Operating lease cost$48.6 $51.8 
Finance lease cost:
Amortization of leased assets
14.0 6.0 
Interest on lease liabilities
3.9 2.2 
Short-term lease cost1.5 1.7 
Variable lease cost5.9 20.7 
Net lease cost$73.9 $82.4 
Weighted-average remaining lease term and weighted-average discount rate regarding the Company’s leases were as follows:
Year Ended December 31,
Lease term20202019
Weighted-average remaining lease term (years):
Operating
7.37.3
Finance
7.47.6
Discount rate
Weighted-average discount rate:
Operating
4.7 %4.9 %
Finance
4.7 %4.8 %
Other information regarding the Company’s leases were as follows (in millions):
Year Ended December 31,
20202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases
$48.5 $51.3 
Operating cash flows used by finance leases
3.8 2.2 
Financing cash flows used by finance leases
13.1 5.6 
Lease liabilities arising from obtaining new ROU assets:
Operating leases
$41.8 $11.1 
Finance leases
41.3 41.9 
Schedule of Maturity of Lease Liabilities
Maturity of lease liabilities as of December 31, 2020, were as follows (in millions):
Operating leasesFinance leasesTotal
2021$41.8 $19.0 $60.8 
202238.5 18.5 57.0 
202331.9 17.9 49.8 
202427.9 17.3 45.2 
202525.0 15.0 40.0 
2026 and thereafter91.8 28.9 120.7 
Total lease payments256.9 116.6 373.5 
Less: interest(44.3)(14.8)(59.1)
Present value of lease liabilities$212.6 $101.8 $314.4 
Schedule of Maturity of Lease Liabilities
Maturity of lease liabilities as of December 31, 2020, were as follows (in millions):
Operating leasesFinance leasesTotal
2021$41.8 $19.0 $60.8 
202238.5 18.5 57.0 
202331.9 17.9 49.8 
202427.9 17.3 45.2 
202525.0 15.0 40.0 
2026 and thereafter91.8 28.9 120.7 
Total lease payments256.9 116.6 373.5 
Less: interest(44.3)(14.8)(59.1)
Present value of lease liabilities$212.6 $101.8 $314.4