XML 27 R13.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Leases
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
Supplemental balance sheet information related to leases as of June 30, 2024 and December 31, 2023 was as follows:
As of
June 30, 2024December 31, 2023
Balance Sheet Classification(In millions)
Operating Leases
Operating lease right-of-use assetsOther assets$201.7 $200.7 
Current operating lease liabilitiesAccounts payable and other current liabilities$48.4 $46.9 
Non-current operating lease liabilitiesOther liabilities164.8 163.9 
Total operating lease liabilities$213.2 $210.8 
Finance Leases
Finance lease right-of-use assetsProperty, plant and equipment, net$57.1 $46.4 
Current finance lease liabilitiesCurrent portion of long-term debt and short-term borrowings$7.4 $5.2 
Non-current finance lease liabilitiesLong-term debt57.9 48.5 
Total finance lease liabilities$65.3 $53.7 
Supplemental cash flow information related to leases for the six months ended June 30, 2024 and June 30, 2023 was as follows:
Six Months Ended
June 30, 2024June 30, 2023
(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases$29.9 $28.3 
Operating cash flows from finance leases$1.8 $1.5 
Financing cash flows from finance leases$2.6 $2.3 
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases$30.0 $93.5 
Finance leases$14.5 $— 
As of June 30, 2024, we entered into leases that have not yet commenced with estimated aggregated future lease payments of approximately $14 million. The leases are expected to commence during the last six months of 2024.
Leases Leases
Supplemental balance sheet information related to leases as of June 30, 2024 and December 31, 2023 was as follows:
As of
June 30, 2024December 31, 2023
Balance Sheet Classification(In millions)
Operating Leases
Operating lease right-of-use assetsOther assets$201.7 $200.7 
Current operating lease liabilitiesAccounts payable and other current liabilities$48.4 $46.9 
Non-current operating lease liabilitiesOther liabilities164.8 163.9 
Total operating lease liabilities$213.2 $210.8 
Finance Leases
Finance lease right-of-use assetsProperty, plant and equipment, net$57.1 $46.4 
Current finance lease liabilitiesCurrent portion of long-term debt and short-term borrowings$7.4 $5.2 
Non-current finance lease liabilitiesLong-term debt57.9 48.5 
Total finance lease liabilities$65.3 $53.7 
Supplemental cash flow information related to leases for the six months ended June 30, 2024 and June 30, 2023 was as follows:
Six Months Ended
June 30, 2024June 30, 2023
(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases$29.9 $28.3 
Operating cash flows from finance leases$1.8 $1.5 
Financing cash flows from finance leases$2.6 $2.3 
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases$30.0 $93.5 
Finance leases$14.5 $— 
As of June 30, 2024, we entered into leases that have not yet commenced with estimated aggregated future lease payments of approximately $14 million. The leases are expected to commence during the last six months of 2024.