LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Assets and Liabilities, Leases

The net present value of finance and operating lease right-of-use assets and liabilities were as follows:

(in millions, except percentages)	Location in the Consolidated Balance Sheets	December 31, 2019
Assets
Finance leases	Property, plant, and equipment, net	$	1.4
Operating leases	Operating lease right-of-use assets, net	159.3
Total right-of-use assets		$	160.7
Liabilities
Current liabilities
Finance leases	Notes payable and current portion of long-term debt	$	0.2
Operating leases	Accrued liabilities	43.7
Noncurrent liabilities
Finance leases	Long-term debt	1.3
Operating leases	Operating lease liabilities	119.5
Total lease liabilities		$	164.7
Supplemental information:
Weighted-average discount rate
Finance leases		3.6		%
Operating leases		2.9		%
Weighted-average remaining lease term in years
Finance leases		7.0
Operating leases		5.3

Lease Costs

The lease cost recognized in the Consolidated Statements of Operations for the year ended December 31, 2019 were as follows:

(in millions)	2019
Finance lease cost	$	0.4
Amortization of right-of-use assets	0.3
Interest on lease liabilities	0.1
Operating lease cost	54.4
Short-term lease cost	1.2
Variable lease cost	9.6
Total lease cost	$	65.6

The supplemental cash flow information for the year ended December 31, 2019 were as follows:

(in millions)	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for finance leases	$	0.1
Operating cash flows paid for operating leases	52.7
Financing cash flows paid for finance leases	0.2
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	$	35.4

Finance Lease Maturity Schedule

The contractual maturity dates of the remaining lease liabilities for the year ended December 31, 2019 were as follows:

(in millions)	Finance Leases		Operating Leases		Total
2020	$	0.2	$	47.7	$	47.9
2021	0.3		36.9		37.2
2022	0.3		26.9		27.2
2023	0.2		20.2		20.4
2024	0.1		15.2		15.3
2025 and beyond	0.6		30.6		31.2
Total lease payments	$	1.7	$	177.5	$	179.2
Less imputed interest	0.2		14.3		14.5
Present value of lease liabilities	$	1.5	$	163.2	$	164.7

Operating Lease Maturity Schedule

The contractual maturity dates of the remaining lease liabilities for the year ended December 31, 2019 were as follows:

(in millions)	Finance Leases		Operating Leases		Total
2020	$	0.2	$	47.7	$	47.9
2021	0.3		36.9		37.2
2022	0.3		26.9		27.2
2023	0.2		20.2		20.4
2024	0.1		15.2		15.3
2025 and beyond	0.6		30.6		31.2
Total lease payments	$	1.7	$	177.5	$	179.2
Less imputed interest	0.2		14.3		14.5
Present value of lease liabilities	$	1.5	$	163.2	$	164.7

Financing Payments Under Topic 840

The contractual maturity dates presented under prior lease accounting guidance of the remaining rental commitments at December 31, 2018 were as follows:

(in millions)	Finance Leases		Operating Leases		Total
2019	$	4.2	$	36.6	$	40.8
2020	4.2		28.5		32.7
2021	2.5		22.1		24.6
2022	1.8		16.4		18.2
2023	1.3		12.7		14.0
2024 and beyond	1.1		16.9		18.0
Total lease payments	$	15.1	$	133.2	$	148.3

Operating Leases Under Topic 840

The contractual maturity dates presented under prior lease accounting guidance of the remaining rental commitments at December 31, 2018 were as follows:

(in millions)	Finance Leases		Operating Leases		Total
2019	$	4.2	$	36.6	$	40.8
2020	4.2		28.5		32.7
2021	2.5		22.1		24.6
2022	1.8		16.4		18.2
2023	1.3		12.7		14.0
2024 and beyond	1.1		16.9		18.0
Total lease payments	$	15.1	$	133.2	$	148.3