Leases (Tables)

3 Months Ended

Mar. 31, 2019

The components of lease expense for the three month period ended March 31, 2019 were as follows.

	For the Three Month Period Ended March 31, 2019
Operating lease cost	$	5.4

Finance lease cost
Amortization of right-of-use assets	$	0.4
Interest on lease liabilities		0.4
Total finance lease cost	$	0.8

Short-term lease cost	$	0.2

Supplemental cash flow information related to leases was as follows.

	For the Three Month Period Ended March 31, 2019
Cash paid for amounts included in the measurement of leases
Operating cash flows from operating leases		5.4
Operating cash flows from finance leases		0.4
Financing cash flows from finance leases		0.2

Supplemental balance sheet information related to leases was as follows.

	March 31, 2019
Operating leases
Other assets	$	61.3

Accrued liabilities		18.3
Other liabilities		43.1
Total operating lease liabilities	$	61.4

Finance Leases
Property, plant and equipment		25.0

Short-term borrowings and current maturities of long-term debt		0.9
Long-term debt, less current maturities		25.2
Total finance lease liabilities	$	26.1

Weighted Average Remaining Lease Term (in years)
Operating leases		2.9
Finance leases		14.3

Weighted Average Discount Rate
Operating leases		2.4	%
Finance leases		6.3	%

Maturities of lease liabilities as of March 31, 2019 were as follows.

	Operating Leases		Finance Leases
2019 (excluding the three months ended March 31, 2019)	$	15.0	$	1.9
2020		16.3		2.5
2021		11.4		2.6
2022		7.7		2.6
2023		5.1		2.7
Thereafter		9.1		28.8
Total lease payments	$	64.6	$	41.1
Less imputed interest		3.2		15.0
Total	$	61.4	$	26.1