Cash Flow Information

12 Months Ended

Dec. 31, 2021

Supplemental Cash Flow Elements [Abstract]

Cash Flow Information

CASH FLOW INFORMATION

Cash payments for income taxes and cash payments for interest incurred related to our debt are as follows:

	Years Ended December 31,
(in thousands)	2021		2020		2019
Cash information:
Cash paid for income taxes	$	50,097	$	18,179	$	26,464
Cash paid for interest	$	51,995	$	39,746	$	36,085
Net increase (decrease) in accounts payable for capital expenditures	$	8,686	$	9,549	$	1,943

Supplemental cash flow information related to our lease liabilities is as follows:

(in thousands)	Statement of Cash Flows Classification	December 31, 2021		December 31, 2020
Cash paid for amounts included in measurement of lease liabilities:
Operating leases (1)	Operating	$	45,583	$	30,256
Finance leases - interest	Operating	$	510	$	550
Finance leases - principal	Financing	$	6,258	$	5,139
Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets:
Operating leases	Non-cash	$	27,390	$	37,631
Finance leases	Non-cash	$	5,971	$	4,017

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(1) Cash required by operating leases is reported net of operating lease expense in the operating section of our consolidated statements of cash flows in accrued expenses and other liabilities.

Leased Asset Program

Our ESP leased asset program is reported in our Production & Automation Technologies segment. At the time of purchase, assets are recorded to inventory and are transferred to property, plant, and equipment when a customer contracts for an asset under our leased asset program. During the years ended December 31, 2021, 2020, and 2019, we transferred $48.7 million, $15.3 million, and $75.7 million, respectively, of inventory into property, plant, and equipment as a result of assets entering our lease program.

Expenditures for assets that are placed into our leased asset program expected to be recovered through sale are reported in leased assets in the operating section of our consolidated statements of cash flows. All other capitalizable expenditures for assets that are placed into our leased asset program are classified as capital expenditures in the investing section of our consolidated statements of cash flows. During the years ended December 31, 2021, 2020, and 2019, we made cash payments of $37.1 million, $20.8 million, and $16.0 million, respectively, for leased asset program equipment.