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Leases
12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Leases

NOTE 23. LEASES

We rent certain real estate and equipment.  Several leases include options for renewal or purchase, and contain clauses for payment of real estate taxes and insurance.  In most cases, management expects that in the normal course of business, leases will be renewed or replaced by other leases.

 

 

 

2016

 

 

2015

 

 

2014

 

Rent expense

 

$

16.6

 

 

$

17.0

 

 

$

16.2

 

Sublease (income)

 

 

(0.3

)

 

 

(0.4

)

 

 

(0.4

)

Net rent expense

 

$

16.3

 

 

$

16.6

 

 

$

15.8

 

 

Future minimum payments at December 31, 2016 by year and in the aggregate, having non-cancelable lease terms in excess of one year are as follows:

 

 

 

Total

Minimum

Lease

Payments

 

 

Sublease

(Income)

 

 

Net Minimum

Lease

Payments

 

Scheduled minimum lease payments

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

7.4

 

 

$

(0.1

)

 

$

7.3

 

2018

 

 

6.0

 

 

 

(0.1

)

 

 

5.9

 

2019

 

 

4.6

 

 

 

(0.1

)

 

 

4.5

 

2020

 

 

3.2

 

 

 

(0.1

)

 

 

3.1

 

2021

 

 

2.4

 

 

 

-

 

 

 

2.4

 

Thereafter

 

 

2.4

 

 

 

-

 

 

 

2.4

 

Total

 

$

26.0

 

 

$

(0.4

)

 

$

25.6

 

 

Assets under capital leases at December 31, 2016 and 2015 are not material.