Leases

3 Months Ended

Mar. 31, 2022

Supplemental balance sheet information related to leases as of March 31, 2022 and December 31, 2021 was as follows:


		As of
		March 31, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	116.0	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	44.6	$	45.4
Non-current operating lease liabilities	Other liabilities	84.7		87.8
Total operating lease liabilities		$	129.3	$	133.2

Finance Leases
Finance lease right-of-use assets	Properties, net	$	55.6	$	61.5
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	4.9	$	4.6
Non-current finance lease liabilities	Long-term debt	62.3		62.6
Total finance lease liabilities		$	67.2	$	67.2

Supplemental cash flow information related to leases for the three months ended March 31, 2022 and March 31, 2021 was as follows:


	Three Months Ended
	March 31, 2022		March 31, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	12.8	$	13.4
Operating cash flows from finance leases	$	0.9	$	1.4
Financing cash flows from finance leases	$	0.8	$	0.5
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	8.8	$	7.8
Finance leases	$	1.9	$	1.5

Executed leases that have not yet commenced as of March 31, 2022 are immaterial except for railcar leases with total undiscounted payments of $47.1 million expected to commence in 2022.

Leases

Supplemental balance sheet information related to leases as of March 31, 2022 and December 31, 2021 was as follows:


		As of
		March 31, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	116.0	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	44.6	$	45.4
Non-current operating lease liabilities	Other liabilities	84.7		87.8
Total operating lease liabilities		$	129.3	$	133.2

Finance Leases
Finance lease right-of-use assets	Properties, net	$	55.6	$	61.5
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	4.9	$	4.6
Non-current finance lease liabilities	Long-term debt	62.3		62.6
Total finance lease liabilities		$	67.2	$	67.2

Supplemental cash flow information related to leases for the three months ended March 31, 2022 and March 31, 2021 was as follows:


	Three Months Ended
	March 31, 2022		March 31, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	12.8	$	13.4
Operating cash flows from finance leases	$	0.9	$	1.4
Financing cash flows from finance leases	$	0.8	$	0.5
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	8.8	$	7.8
Finance leases	$	1.9	$	1.5

Executed leases that have not yet commenced as of March 31, 2022 are immaterial except for railcar leases with total undiscounted payments of $47.1 million expected to commence in 2022.