Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Assets and Liabilities, Lessee

Our Consolidated Balance Sheet includes the following related to leases:

(in millions) December 31,	Classification	2022		2021
Assets
Operating right-of-use assets	Other assets	$	92.5	$	96.8
Liabilities
Current lease liabilities	Accrued liabilities	$	19.0	$	22.7
Long-term lease liabilities	Other liabilities	78.6		79.4
Total lease liabilities		$	97.6	$	102.1

The weighted average remaining lease terms and discount rates for our operating leases were as follows:

December 31,	2022		2021
Weighted-average remaining lease term - operating leases	11.4		9.4
Weighted-average discount rate - operating leases	3.9	%	3.6	%

Lease, Cost

The components of lease cost were as follows:

(in millions) December 31,	2022		2021		2020
Operating lease cost	$	29.1	$	31.9	$	33.1
Variable lease cost	6.9		6.3		7.2
Total lease cost	$	36.0	$	38.2	$	40.3

Supplemental cash flow information related to our operating leases were as follows:

(in millions) December 31,	2022		2021		2020
Cash paid for amounts included in measurement of operating lease liabilities - operating cash flows	$	23.5	$	26.9	$	26.5
Right-of-use assets obtained in exchange for new operating lease liabilities	$	29.7	$	17.0	$	10.0

Contractual Obligation, Fiscal Year Maturity

Future minimum operating lease payments are as follows:

(in millions)	December 31, 2022
2023	$	22.1
2024	18.0
2025	13.3
2026	10.0
2027	8.3
Thereafter	59.8
Total future minimum operating lease payments	$	131.5
Imputed interest	33.9
Present value of lease liabilities reported	$	97.6