Leases

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

LeasesSupplemental balance sheet information related to leases as of September 30, 2022 and December 31, 2021 was as follows:

		As of
		September 30, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	118.0	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	41.0	$	45.4
Non-current operating lease liabilities	Other liabilities	89.1		87.8
Total operating lease liabilities		$	130.1	$	133.2
Finance Leases
Finance lease right-of-use assets	Properties, net	$	49.4	$	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	55.0		62.6
Total finance lease liabilities		$	59.9	$	67.2

Supplemental cash flow information related to leases for the nine months ended September 30, 2022 and September 30, 2021 was as follows:

	Nine Months Ended
	September 30, 2022		September 30, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	38.9	$	42.2
Operating cash flows from finance leases	$	2.7	$	3.4
Financing cash flows from finance leases	$	3.0	$	2.4
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	40.4	$	27.4
Finance leases	$	3.7	$	6.5

Executed leases that have not yet commenced as of September 30, 2022 are immaterial except for master railcar leases with total undiscounted payments of $54.6 million expected to commence the remainder of 2022 and 2023.

Leases

LeasesSupplemental balance sheet information related to leases as of September 30, 2022 and December 31, 2021 was as follows:

		As of
		September 30, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	118.0	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	41.0	$	45.4
Non-current operating lease liabilities	Other liabilities	89.1		87.8
Total operating lease liabilities		$	130.1	$	133.2
Finance Leases
Finance lease right-of-use assets	Properties, net	$	49.4	$	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	55.0		62.6
Total finance lease liabilities		$	59.9	$	67.2

Supplemental cash flow information related to leases for the nine months ended September 30, 2022 and September 30, 2021 was as follows:

	Nine Months Ended
	September 30, 2022		September 30, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	38.9	$	42.2
Operating cash flows from finance leases	$	2.7	$	3.4
Financing cash flows from finance leases	$	3.0	$	2.4
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	40.4	$	27.4
Finance leases	$	3.7	$	6.5

Executed leases that have not yet commenced as of September 30, 2022 are immaterial except for master railcar leases with total undiscounted payments of $54.6 million expected to commence the remainder of 2022 and 2023.