XML 40 R30.htm IDEA: XBRL DOCUMENT v3.19.1
Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense were as follows:

 

Three Months Ended March 31,

 

 

2019

 

Finance lease cost

 

 

 

 

Amortization of right-of-use assets

 

$

.3

 

Interest on lease liabilities

 

 

.1

 

Operating lease cost

 

 

4.1

 

Short-term lease cost

 

 

.2

 

Variable lease cost

 

 

.4

 

Total lease cost

 

$

5.1

 

Schedule of Balance Sheet Information Related to Leases

Balance sheet information related to leases was as follows:

 

At March 31, 2019

OPERATING

LEASES

 

 

FINANCE

LEASES

 

TRUCK, PARTS AND OTHER

 

 

 

 

 

 

 

Other noncurrent assets

$

37.0

 

 

$

1.5

 

FINANCIAL SERVICES

 

 

 

 

 

 

 

Other assets

 

5.4

 

 

 

 

 

Total right-of-use assets

$

42.4

 

 

$

1.5

 

 

 

 

 

 

 

 

 

TRUCK, PARTS AND OTHER:

 

 

 

 

 

 

 

Accounts payable, accrued expenses and other

$

12.9

 

 

$

.8

 

Other liabilities

 

25.4

 

 

 

.9

 

FINANCIAL SERVICES

 

 

 

 

 

 

 

Accounts payable, accrued expenses and other

 

1.4

 

 

 

 

 

Deferred taxes and other liabilities

 

4.1

 

 

 

 

 

Total lease liabilities

$

43.8

 

 

$

1.7

 

Schedule of Weighted-Average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate are as follows:

 

At March 31, 2019

OPERATING LEASES

 

 

FINANCE

LEASES

 

Weighted-average remaining lease term

4.1 years

 

 

2.4 years

 

Weighted-average discount rate

 

2.0

%

 

 

4.3

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows:

 

At March 31, 2019

OPERATING

LEASES

 

 

FINANCE

LEASES

 

Remainder of 2019

$

11.5

 

 

$

.7

 

2020

 

12.8

 

 

 

.7

 

2021

 

8.8

 

 

 

.3

 

2022

 

5.9

 

 

 

.1

 

2023

 

4.0

 

 

 

.1

 

Thereafter

 

3.0

 

 

 

 

 

Total lease payments

 

46.0

 

 

 

1.9

 

Less: interest

 

(2.2

)

 

 

(.2

)

Total lease liabilities

$

43.8

 

 

$

1.7

 

Schedule of Cash Flow Information Related to Leases

Cash flow information related to leases was as follows:

 

Three Months Ended March 31,

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

Operating cash flows from operating leases

 

$

3.8

 

Operating cash flows from finance leases

 

 

 

 

Financing cash flows from finance leases

 

 

.2

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease liabilities

 

 

 

 

Operating leases

 

 

3.2

 

Finance leases

 

 

.6