Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease expense were as follows:

	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Finance lease cost
Amortization of right-of-use assets	$	.2	$	.7
Interest on lease liabilities				.1
Operating lease cost		3.9		12.2
Short-term lease cost		.2		.5
Variable lease cost		.5		1.4
Total lease cost	$	4.8	$	14.9

Balance sheet information related to leases was as follows:

At September 30, 2019	OPERATING LEASES		FINANCE LEASES
TRUCK, PARTS AND OTHER
Other noncurrent assets	$	34.4	$	1.5
FINANCIAL SERVICES
Other assets		5.3
Total right-of-use assets	$	39.7	$	1.5

TRUCK, PARTS AND OTHER:
Accounts payable, accrued expenses and other	$	12.6	$	.9
Other liabilities		22.8		.7
FINANCIAL SERVICES:
Accounts payable, accrued expenses and other		1.5
Deferred taxes and other liabilities		3.9
Total lease liabilities	$	40.8	$	1.6

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

At September 30, 2019

OPERATING LEASES

FINANCE

LEASES

Weighted-average remaining lease term

4.0 years

2.1 years

Weighted-average discount rate

1.9

3.8

Maturities of lease liabilities are as follows:

Cash flow information related to leases was as follows:

	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	4.2	$	12.5
Operating cash flows from finance leases		.1		.1
Financing cash flows from finance leases		.3		.8

Right-of-use assets obtained in exchange for lease liabilities
Operating leases		.5		6.7
Finance leases		.1		.8