Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Additional Details Related to Leases Recorded on the Balance Sheet

The following are additional details related to leases recorded on our balance sheet as of September 30, 2020 and December 31, 2019:

		September 30,		December 31,
		2020		2019
(in millions)		(Unaudited)
Assets
Operating lease right-of-use assets, net	Operating leases	$	34.0	$	36.8
Liabilities
Current portion of operating lease liabilities	Operating leases	$	4.9	$	4.0
Operating lease liabilities, net of current portion	Operating leases	$	37.0	$	40.7

Other Information Related to Leases

Other information related to leases was as follows:

(unaudited, in millions)	Three Months Ended September 30,				Nine Months Ended September 30,
Supplemental Cash Flow Information	2020		2019		2020		2019
Cash paid for amounts included in the measurement of operating lease liabilities	$	1.5	$	0.9	$	5.3	$	2.5
Lease liabilities arising from obtaining right-of-use assets
From Zoom Information, Inc. acquisition	$	—	$	—	$	—	$	28.6
Other	$	—	$	—	$	0.1	$	0.2

	As of
	September 30, 2020		December 31, 2019
Weighted average remaining lease term (in years)	8.0		8.6
Weighted average discount rate	6.3	%	6.3	%

Undiscounted Future Minimum Lease Payments Under Non-Cancelable Leases

The table below reconciles the undiscounted future minimum lease payments under non-cancelable leases to the total lease liabilities recognized on the condensed consolidated balance sheets as of September 30, 2020 (in millions):

Year Ending December 31,	Operating Leases
2020 (excluding nine months ended September 30, 2020)	$	1.7
2021	7.5
2022	7.6
2023	7.2
2024	6.8
Thereafter	22.9
Total future minimum lease payments	53.7
Less effects of discounting	11.8
Total lease liabilities	$	41.9
Reported as of September 30, 2020
Current portion of operating lease liabilities	$	4.9
Operating lease liabilities, net of current portion	37.0
Total lease liabilities	$	41.9