Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease, Cost

(in millions)	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Lease Cost
Operating lease costs	$	13.5		$	44.1
Short-term lease costs (1)	4.0			11.3
Sublease income	(1.9		)	(6.4		)
Net lease costs	$	15.6		$	49.0
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(13.5	)	$	(44.1	)
Leased assets obtained in exchange for new operating lease liabilities	$	1.5		$	9.6
				September 30, 2019
Weighted-average remaining lease term (years) operating leases				6.69
Weighted-average discount rate operating leases (2)				6.2		%

⁽¹⁾ Includes an immaterial amount of variable lease cost.

⁽²⁾ Our discount rate is primarily based on our incremental borrowing rate in accordance with ASC 842.

Operating Lease Liability, Maturity

The following is an estimate of the maturity of our lease liabilities for operating leases having remaining noncancelable terms in excess of one year as of September 30, 2019 (in millions) under the new lease guidance ASC 842:

Maturity of Lease Liabilities	Total
October 1 to December 31, 2019	$	14.7
2020	52.1
2021	40.6
2022	27.4
2023	21.7
Thereafter	76.4
Total future lease payments	232.9
Less: Interest	43.6
Present Value of Lease Liabilities	$	189.3

Schedule of Future Minimum Rental Payments for Operating Leases

The following is an estimate of our future minimum lease payments for operating leases having remaining noncancelable terms in excess of one year as of December 31, 2018 (in millions) under the legacy lease guidance ASC 840, Leases:

Minimum Lease Payments
2019	$	48.1
2020	42.1
2021	39.5
2022	28.5
2023	23.4
Thereafter	77.9
Total future minimum lease payments	$	259.5