XML 42 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of Operating Lease Expense, Cash Flow Information, And Weighted Average Remaining Lease Terms and Discount Rates
Operating lease expense is as follows:
Three months ended June 30, 2020Three months ended June 30, 2019Six months ended June 30, 2020Six months ended June 30, 2019
Operating lease cost$12.3  $12.5  $25.2  $24.9  
Short-term and variable lease cost5.6  8.3  13.1  14.1  
Total lease cost$17.9  $20.8  $38.3  $39.0  

Supplemental cash flow information related to operating leases is as follows:
Six months ended June 30, 2020Six months ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - Payments on operating leases$25.2  $24.7  
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases$24.6  $126.5  
Weighted average remaining lease terms and discount rates for operating leases are as follows:

June 30, 2020December 31, 2019
Weighted Average Remaining Lease Term4.4 years4.5 years
Weighted Average Discount Rate6.5 %7.3 %
Supplemental Balance Sheet Information Related to Operating Leases
Supplemental balance sheet information related to operating leases is as follows:

Financial statement line itemJune 30, 2020December 31, 2019
Operating lease right-of-use assetsOther assets$120.6  $110.4  
Operating lease liabilitiesAccrued expenses and other liabilities36.0  35.0  
Operating lease liabilitiesOther long-term liabilities86.5  78.2  
Total lease liabilities$122.5  $113.2  
Summary of Maturities of Lease Liabilities
Maturities of lease liabilities are as follows:

As of June 30, 2020As of December 31, 2019
Operating Leases
2020$23.3  $43.3  
202137.5  31.6  
202229.8  24.1  
202323.0  18.0  
202413.7  10.6  
Thereafter16.8  14.2  
Total Lease Payments144.1  141.8  
Less: Imputed Interest(21.6) (28.6) 
Present value of lease liabilities$122.5  $113.2