XML 34 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases Leases (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Assets and Liabilities, Lessee
Lease balances are recorded on the consolidated balance sheets as follows (in millions):
 
December 31, 2019
Operating leases:
 
Other assets, net
$
80.4

Other current liabilities
$
21.1

Other long-term liabilities
$
81.9

 
 
Other lease information
 
Weighted-average remaining lease term—Operating leases
10.6 years

Weighted-average discount rate—Operating leases
5.1
%
Lease, Cost
 
Year Ended December 31, 2019
Finance lease expense:
 
Amortization of right-of-use asset
$
5.2

Interest on lease liability
0.1

Operating lease expense:
 
Long-term operating lease expense
28.7

Short-term lease expense
32.0

Variable lease expense
7.7

Total lease expense
$
68.4


Other information about our leases is presented below (in millions):
 
Year Ended December 31, 2019
Supplemental cash flow information:
 
Cash payments for finance leases included in cash flows from financing activities
$
1.2

Cash payments for operating leases included in cash flows from operating activities
$
29.8

Right-of-use assets obtained in exchange for operating lease liabilities
$
104.1
Lessee, Operating Lease, Liability, Maturity
The following table summarizes the maturity of our lease liability as of December 31, 2019 (in millions):
 
Total
 
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
Undiscounted operating lease liability
$
141.2

 
$
25.0

 
$
18.7

 
$
11.7

 
$
9.7

 
$
9.1

 
$
67.0

Reduction due to present value
(38.2
)
 
(4.7
)
 
(3.9
)
 
(3.4
)
 
(3.1
)
 
(2.7
)
 
(20.4
)
Operating lease liability
$
103.0

 
$
20.3

 
$
14.8

 
$
8.3

 
$
6.6

 
$
6.4

 
$
46.6
Finance Lease, Liability, Maturity
The following table summarizes the maturity of our lease liability as of December 31, 2019 (in millions):
 
Total
 
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
Undiscounted operating lease liability
$
141.2

 
$
25.0

 
$
18.7

 
$
11.7

 
$
9.7

 
$
9.1

 
$
67.0

Reduction due to present value
(38.2
)
 
(4.7
)
 
(3.9
)
 
(3.4
)
 
(3.1
)
 
(2.7
)
 
(20.4
)
Operating lease liability
$
103.0

 
$
20.3

 
$
14.8

 
$
8.3

 
$
6.6

 
$
6.4

 
$
46.6