XML 53 R34.htm IDEA: XBRL DOCUMENT v3.6.0.2
Leases (Tables)
12 Months Ended
Dec. 31, 2016
Operating Leased Assets [Line Items]  
Schedule of Future Minimum Payments for Capital and Operating Leases
The following are minimum future lease payments on noncancelable leases as lessee at December 31, 2016:
 
Capital
Leases
 
Operating
Leases
 
(In millions)
2017(1)
$
21.4

 
$
70.5

2018
20.8

 
75.3

2019
17.5

 
71.3

2020(1)
15.4

 
69.0

2021
12.4

 
52.9

Thereafter
35.9

 
208.8

Total minimum lease payments
123.4

 
$
547.8

Less: interest
(35.7
)
 
 

Capital lease obligations
87.7

 
 

Less: current portion(2)
(13.0
)
 
 

Long-term capital lease obligations
$
74.7

 
 

______________________________________________________
(1) Due to the varying closing date of the Company's fiscal year, 11 and 13 monthly payments will be made in fiscal 2017 and 2020, respectively.
(2) Included in current maturities of capital lease and financing obligations on the consolidated balance sheet.
Schedule of Future Minimum Rents to Be Received on Capital and Operating Leases
The minimum future lease payments shown above have not been reduced by the following future minimum rents to be received on noncancelable subleases and leases of owned property at December 31, 2016:
 
Direct
Financing
Leases
 
Operating
Leases
 
(In millions)
2017
$
17.6

 
$
101.4

2018
17.2

 
100.9

2019
16.1

 
99.2

2020
14.8

 
99.3

2021
11.7

 
93.0

Thereafter
14.7

 
406.0

Total minimum rents receivable
$
92.1

 
$
899.8


Direct financing leases receivable  
Operating Leased Assets [Line Items]  
Leases Receivable
The following is the Company's net investment in direct financing lease receivables:
 
December 31,
 
2016
 
2015
 
(In millions)
Total minimum rents receivable
$
92.1

 
$
108.9

Less: unearned income
(26.5
)
 
(35.2
)
Net investment in direct financing leases receivable
65.6

 
73.7

Less: current portion
(9.9
)
 
(8.7
)
Long-term direct financing leases receivable
$
55.7

 
$
65.0

Net investment equipment lease  
Operating Leased Assets [Line Items]  
Leases Receivable
The following is the Company's net investment in equipment leases receivable:
 
December 31,
 
2016
 
2015
 
(In millions)
Total minimum leases receivable
$
122.5

 
$
140.5

Less: unearned income
(35.3
)
 
(45.0
)
Net investment in equipment leases receivable
87.2

 
95.5

Less: current portion
(7.9
)
 
(7.5
)
Long-term equipment leases receivable
$
79.3

 
$
88.0