XML 72 R49.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Assets and Lease Liabilities [Table Text Block]
A summary of the Company's lease assets and lease liabilities as of December 31, 2022 and December 31, 2021 is as follows:
(in millions)Classification20222021
Lease Assets
Operating lease assetsOperating lease assets$114.8 $92.8 
Lease Liabilities
Current operating lease liabilitiesAccrued expenses27.8 25.8 
Non-current operating lease liabilitiesOperating lease liabilities97.8 75.5 
Total lease liabilities$125.6 $101.3 
Lease, Cost [Table Text Block]
A summary of the Company's total lease cost for the years ended December 31, 2022, December 31, 2021 and December 31, 2020 is as follows:
(in millions)Classification202220212020
Operating lease costSelling, general, and administrative expense$16.2 $13.4 $13.2 
Cost of sales34.0 28.6 24.9 
Variable lease costSelling, general, and administrative expense1.3 1.1 1.1 
Cost of sales5.5 5.2 4.8 
Total lease cost (A)
$57.0 $48.3 $44.0 

(A) Includes total short-term lease cost which is immaterial.
Operating Lease Liability, Maturity Analysis [Table Text Block]
The Company's maturity analysis of its operating lease liabilities as of December 31, 2022 is as follows:
(in millions)
2023$33.0 
202430.3 
202518.9 
202613.7 
202711.3 
Thereafter49.5 
Total lease payments156.7 
Less: Interest(31.1)
Present value of lease liabilities$125.6