12.LEASES

Lessee Accounting

Operating leases principally relate to real estate and also include distribution equipment and vehicles. Certain leases include escalation clauses, renewal, and purchase options. Rent expense is recognized on a straight-line basis over the minimum lease term. Rent expense under operating leases, including month-to-month agreements, was $10.8 million in 2018, $12.2 million in 2017, and $7.6 million in 2016.

At September 30, 2018, minimum payments due under leases are as follows:



(In millions)
2019	$	5.7
2020	4.5
2021	4.0
2022	3.5
2023	2.4
Thereafter	2.0
Total	$	22.1