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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease Assets and Liabilities
Lease assets and liabilities related to the Company's operating leases are reported in the following consolidated balance sheet captions:
December 31,
2021
December 25,
2020
Other assets$35.0 $58.6 
Accrued and other current liabilities$11.1 13.0 
Other liabilities20.0 28.0 
Other current and non-current liabilities subject to compromise0.4 31.9 
Total lease liabilities$31.5 $72.9 
Lease, Cost
Dependent on the nature of the leased asset, lease expense is included within cost of sales or SG&A. The primary components of lease expense were as follows:
Fiscal Year
202120202019
Lease cost:
Operating lease cost$19.6 $21.2 $21.3 
Short-term lease cost1.1 1.1 3.5 
Variable lease cost2.4 3.1 — 
Total lease cost$23.1 $25.4 $24.8 
Lessee, Operating Lease, Liability, Maturity
Contractual maturities of operating lease liabilities as of December 31, 2021 were as follows:
Fiscal 2022$14.7 
Fiscal 202311.0 
Fiscal 20247.9 
Fiscal 20254.5 
Fiscal 20262.8 
Thereafter2.9 
Total lease payments43.8 
Less: Interest(12.3)
Present value of lease liabilities31.5 
Less: Amounts reclassified to liabilities subject to compromise(0.4)
Present value of lease liabilities not subject to compromise$31.1 
Lessee, Operating Lease, Lease Terms
Lease terms and discount rates were as follows:
December 31,
2021
December 25,
2020
Weighted-average remaining lease term (in years) - operating lease5.76.1
Weighted-average discount rate - operating leases4.4 %3.9 %
Lessee, Operating Lease, Cash Flow Information
Other supplemental cash flow information related to leases were as follows:
Fiscal Year
202120202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$20.4 $23.1 $23.2 
Lease assets obtained in exchange for lease obligations:
Operating leases2.6 6.9 7.3