LEASES (Tables)

9 Months Ended

Sep. 30, 2022

LEASES.

Schedule of supplemental balance sheet information related to leases

The following table presents the supplemental balance sheet information related to leases as of September 30, 2022 and December 31, 2021, respectively (in millions):

	September 30,		December 31,
	2022		2021
Operating lease right of use assets	$	114.2	$	110.1
Total leased assets	$	114.2	$	110.1
Accrued liabilities	$	18.2	$	15.6
Non-current operating lease liabilities		131.8		129.2
Total leased liabilities	$	150.0	$	144.8

Schedule of lease cost and other information

The following table presents operating lease costs and other information as of and for the three and nine months ended September 30, 2022 and 2021, respectively (in millions, except as stated):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022			2021
Operating lease costs (1)	$	7.6	$	6.7	$	22.8		$	19.2
Lease term and discount rate information:
Weighted average remaining lease term (years)						10.4			11.2
Weighted average discount rate						3.1	%		3.3	%
Supplemental cash flow information and non-cash activity:
Cash paid for amounts included in the measurement of lease liabilities	$	5.0	$	4.5	$	15.8		$	13.1
Right of use assets obtained in exchange for lease liabilities		0.9		3.3		22.5			14.0

(1) Includes short-term lease and variable lease costs, which are immaterial.

Schedule of maturities of lease liabilities

The maturities of the lease liabilities are as follows as of September 30, 2022 (in millions):

	September 30,
	2022
Remainder of 2022	$	5.3
2023		21.9
2024		16.4
2025		15.3
2026		16.3
After 2026		104.7
Total lease payments (1)	$	179.9
Less: Interest		(29.9)
Present value of lease liabilities	$	150.0

(1) Total lease payments include $20.4 million related to options to extend lease terms that are reasonably certain of being exercised.