RENTALS AND LEASES (Tables)

12 Months Ended

Dec. 31, 2024

RENTALS AND LEASES

Schedule of operating lease cost

(millions)	2024		2023		2022
Operating lease cost*		$218.0		$215.4		$196.9

*Includes immaterial short-term and variable lease costs

Schedule of future maturity of operating lease liabilities

(millions)
2025	$159
2026	148
2027	120
2028	80
2029	50
Thereafter	252
Total lease payments	809
Less: imputed interest	91
Present value of lease liabilities	$718

Schedule of operating leases term and discount rate

	December 31			December 31			December 31
	2024			2023			2022
Weighted-average remaining lease terms (years)		7.01			6.44			6.71
Weighted-average discount rate		4.76	%		4.02	%		2.98	%

Schedule of other lease information

	December 31		December 31		December 31
(millions)	2024		2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$207.7		$170.6		$157.3
Leased assets obtained in exchange for new operating lease liabilities		336.0		251.5		202.7

Schedule of operating lease revenue

(millions)	2024		2023		2022
Operating lease revenue*		$534.9		$511.8		$466.7

Schedule of revenue from operating leases for existing contracts

Future revenue from operating leases for existing contracts as of December 31, 2024 were as follows:

(millions)
2025	$438
2026	315
2027	252
2028	174
2029	90
Thereafter	51
Total lease revenue	$1,320