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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule Of Lease Expense

For the Years Ended December 31,

2020

2019

Operating lease cost

$

37.9

$

33.9

Finance lease cost:

Amortization of right-of-use assets

2.1

2.2

Interest on lease liabilities

0.6

0.7

Total finance lease cost

2.7

2.9

Variable lease cost

10.6

9.5

Total lease cost

$

51.2

$

46.3

Schedule Of Supplemental Balance Sheet Information

December 31,

2020

2019

Operating leases:

Operating lease right-of-use assets

$

118.8

$

117.5

Current operating lease liabilities

$

31.2

$

28.6

Non-current operating lease liabilities

95.9

96.2

Total operating lease liabilities

$

127.1

$

124.8

Finance leases:

Property, at cost

$

14.6

$

18.3

Accumulated depreciation and amortization

(8.1)

(9.9)

Net property

$

6.5

$

8.4

Current obligations of finance leases

$

2.3

$

2.1

Finance leases, net of current obligations

5.7

7.8

Total finance lease liabilities

$

8.0

$

9.9

Weighted average remaining lease term:

Operating leases

4.7 years

5.0 years

Finance leases

4.4 years

5.1 years

Weighted average discount rate:

Operating leases

2.9%

3.3%

Finance leases

7.3%

7.0%

Schedule Of Supplemental Cash Flow And Other Information Supplemental cash flow and other information for the years ended December 31, 2020 and 2019, related to leases was as follows:

For the Years Ended December 31,

2020

2019

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

37.3

$

33.5

Operating cash flows from finance leases

0.6

0.7

Financing cash flows from finance leases

2.2

2.1

Right-of-use assets obtained in exchange for lease liabilities:

Operating leases(A)

$

35.3

$

55.9

Finance leases

0.3

2.0

(A) Includes $1.6 million of operating leases established on December 1, 2020 as a result of the acquisition of Shingle & Gibb Automation, LLC. See Note 17, “Acquisition”, for further information.
Schedule Of Maturity Of Lease Liabilities

December 31, 2020

Operating
Leases

Finance
Leases

Future minimum lease payments

2021

$

34.3

$

2.8

2022

30.8

2.1

2023

24.7

1.5

2024

18.6

1.3

2025

11.9

0.9

Thereafter

15.7

0.9

Total future minimum lease payments

$

136.0

$

9.5

Less: imputed interest

(8.9)

(1.5)

Total lease obligation

$

127.1

$

8.0

Less: current obligations

(31.2)

(2.3)

Long-term lease obligation

$

95.9

$

5.7