Revenue from Lessor Arrangements and Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2020

Revenues [Abstract]

Components of Operating Lease and Service Revenue

The following table summarizes the revenue recognized for these sales arrangements for the three and six months ended June 30, 2020 and 2019 and distinguishes between the lease and the service revenue:

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2020		2019		2020		2019
Lease revenue(1):
Lease payments revenue	$	6.6	$	6.8	$	13.4	$	13.2
Variable lease revenue	2.5		1.9		4.5		3.4
Total lease revenue	$	9.1	$	8.7	$	17.9	$	16.6
Service revenue(2):
Fixed fee revenue	$	0.1	$	—	$	0.2	$	—
Variable fee revenue	1.5		1.2		2.8		2.2
Total service revenue	$	1.6	$	1.2	$	3.0	$	2.2
Total revenue	$	10.7	$	9.9	$	20.9	$	18.8

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⁽¹⁾Lease revenue consists of dispenser lease revenue, as well as an allocated portion of VERIFI^® fixed fees and variable slump management fees. Lease revenue is included within "Net Sales" in the accompanying unaudited Consolidated Statements of Operations.

⁽²⁾Service revenue consists of an allocated portion of VERIFI^® fixed fees and variable slump management fees. Service revenue is included within "Net Sales" in the accompanying unaudited Consolidated Statements of Operations.