Leases (Tables)

12 Months Ended

Dec. 31, 2022

Supplemental balance sheet disclosure leases

The components of lease assets and liabilities were as follows:


		December 31,
(In millions)	Balance sheet classification	2022		2021
Assets:
Operating lease assets	Right-of-use assets, net	$	314.5	$	299.1
Finance lease assets	Property and equipment, net	217.9		206.5
Total leased assets		$	532.4	$	505.6

Liabilities:
Current:
Operating	Accrued liabilities	$	74.7	$	77.3
Financing	Current maturities of long-term debt	43.0		43.0
Noncurrent:
Operating	Lease liabilities	249.9		241.8
Financing	Long-term debt	149.2		135.5
Total lease liabilities		$	516.8	$	497.6

Lease expenses

The components of lease expense were as follows:


	Years Ended December 31,
(In millions)	2022		2021		2020

Operating lease cost(a)	$	133.6	$	149.4	$	131.4
Short-term lease cost	28.9		21.2		18.9
Finance lease cost:
Amortization of related assets	37.9		38.3		28.2
Interest on related liabilities	10.1		9.5		7.1
Total lease cost	$	210.5	$	218.4	$	185.6

(a)Includes variable lease costs, which are immaterial.

Other information leases

Other information related to leases was as follows:


	Years Ended December 31,
(In millions, except for lease term and discount rate)	2022			2021			2020

Supplemental Cash Flows Information

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	106.1		$	96.5		$	100.4
Operating cash flows from finance leases	10.1			9.5			7.1
Financing cash flows from finance leases	48.2			43.0			34.8
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	101.0			54.0			123.6
Finance leases	65.7			85.9			37.9

Weighted Average Remaining Lease Term

Operating leases	6.3 years			6.7 years			7.2 years
Finance leases	4.7 years			4.8 years			4.5 years

Weighted Average Discount Rate

Operating leases	6.5		%	6.4		%	6.6		%
Finance leases	5.5		%	4.4		%	4.9		%

Operating lease future minimum lease payments

As of December 31, 2022, future minimum lease payments under noncancellable operating leases with initial or remaining lease terms in excess of one year were as follows:


(In millions)	Facilities		Vehicles		Other	Total

2023	$	66.6	10.0		14.7	91.3
2024	59.0		4.7		11.4	75.1
2025	47.7		2.7		6.7	57.1
2026	39.3		1.3		4.5	45.1
2027	30.8		0.6		1.9	33.3
Later years	100.9		0.9		—	101.8
Total Lease Payments	$	344.3	20.2		39.2	403.7
Less: Interest	73.8		1.5		3.8	79.1
Present value of lease liabilities	$	270.5	$	18.7	35.4	324.6

Financing lease minimum repayments

As of December 31, 2022, minimum repayments of long-term debt under financing leases were as follows:


(In millions)

2023	$	43.0
2024	45.3
2025	36.6
2026	28.2
2027	15.9
Later years	23.2
Total	$	192.2