Leases (Tables)

3 Months Ended

Mar. 31, 2019

Supplemental Consolidated Balance Sheet information related to the Company's operating leases is as follows:



(in millions)	Classification on the Consolidated Balance Sheets	March 31, 2019
Assets
	Operating lease right-of-use assets	$	132.1

Liabilities
Current	Accrued expenses and other current liabilities - Other	$	77.1
Long-term	Long-term operating lease liabilities	93.0
Total lease liabilities		$	170.1

Lease term and Discount Rate		March 31, 2019
Weighted average remaining lease term (years)		4.5
Weighted average discount rate		3.32		%

Supplemental cash flow information related to leases is as follows:



(in millions)	Three months ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	10.2
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	49.0

The components of operating lease expense are as follows:



(in millions) Financial statement line item	Three months ended March 31, 2019
Cost of sales	$	2.7
Selling and administrative expenses	7.6
Total lease cost	$	10.3

Maturities of operating lease liabilities is as follows:



(in millions)	Three months ended March 31, 2019
Remainder of 2019	$	73.6
2020	31.1
2021	21.8
2022	14.5
2023	11.4
Thereafter	37.2
Total lease payments	$	189.6
Less: Interest	(19.5		)
Present value of lease liabilities	$	170.1