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Commitments and contingencies (Tables)
6 Months Ended
Jun. 30, 2019
Commitments and contingencies  
Schedule of lease balances within the Consolidated Balance Sheets

 

 

 

 

 

 

 

(millions)

    

Balance Sheet Classification 

    

June 30, 2019

Operating lease right-of-use assets

 

Other assets

 

$

31.5

Current lease liabilities

 

Other liabilities

 

$

8.9

Non-current lease liabilities

 

Other liabilities

 

$

24.6

 

Schedule of weighted average remaining lease term and weighted average discount rate

 

 

 

 

 

Weighted average lease term (years) as at June 30, 2019:

    

  

 

Leased offices

 

 7.0

years

Leased equipment

 

 3.0

years

Weighted average discount rate:

 

  

 

Leased offices

 

3.7

%

Leased equipment

 

3.4

%

 

Schedule of future annual minimum rental payments required under non cancellable leases for office space

 

 

 

 

 

(Millions)

    

Future Payments

2019

 

$

5.0

2020

 

 

9.2

2021

 

 

7.9

2022

 

 

7.0

2023

 

 

4.3

2024 and after

 

 

2.8

Total future annual minimum rental payments as at  June 30, 2019

 

 

36.2

Less: present value discount

 

 

(2.7)

Total lease liability as at June 30, 2019

 

$

33.5