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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Sales-Type Lease, Revenue Leasing revenue attributed to sales-type leases consists of the selling price and interest income as follows (in millions):
December 31, 2022December 31, 2021
Sales-type lease selling price(1)
$36.3 $29.8 
Cost of underlying assets(17.6)(11.9)
Operating profit$18.7 $17.9 
Interest income$4.5 $4.3 
Leasing revenue attributable to sales-type leases$40.8 $34.1 
(1) Selling price is equal to the present value of lease payments over the non-cancelable term of the licensing agreement.
Sales-Type Lease, Lease Receivable, Maturity
Leasing receivables related to the Company’s net investment in sales-type leases are as follows (in millions):
Balance Sheet LocationDecember 31, 2022December 31, 2021
Leasing receivables, net—short-termOther current assets$17.5 $12.8 
Leasing receivables, net—long-termOther assets57.5 44.1 
Total leasing receivables$75.0 $56.9 
As of December 31, 2022, maturities of sales-type lease receivables for the next five years and thereafter were as follows (in millions):
Sales-type Leases
2023$24.0 
202423.3 
202518.5 
202611.8 
20275.7 
Thereafter3.6 
Total future lease payments86.9 
Less: imputed interest11.9 
Total$75.0 
Supplemental Balance Sheet Information Related to Leases
December 31,
Balance Sheet Location20222021
Operating Leases:
ROU assets, netOperating lease ROU assets, net$1,419.1 $1,384.5 
Lease liabilities, short-termOperating lease liabilities, short-term$76.4 $72.3 
Lease liabilities, long-termOperating lease liabilities, long-term$1,437.5 $1,385.4 
Finance Leases:
ROU assets, netOther assets$215.7 $129.5 
Lease liabilities, short-termAccounts payable and accrued expenses$1.7 $1.8 
Lease liabilities, long-termOther long-term liabilities$225.9 $132.5 
Supplemental balance sheet information related to DLF obligations is as follows (in millions):
Balance Sheet LocationDecember 31, 2022December 31, 2021
DLF obligation liabilities, short-termAccounts payable and accrued expenses$2.4 $0.9 
DLF obligation liabilities, long-termDeemed landlord financing obligations, long-term$658.0 $460.6 
Components of Lease Expense and Other Information Related to Leases The components of lease expense are as follows (in millions):
Year Ended December 31,
202220212020
Operating lease costs$172.7 $146.3 $42.5 
Financing lease costs:
Amortization of right-of-use assets6.4 3.2 0.9 
Interest on lease liabilities9.3 4.5 — 
Total financing lease costs15.7 7.7 0.9 
Variable lease costs10.2 6.5 2.5 
Total lease costs$198.6 $160.5 $45.9 
Other information related to leases was as follows:
December 31,
Supplemental Cash Flows Information (in millions)202220212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$157.0 $123.6 $39.8 
Operating cash flows from finance leases$5.2 $2.8 $— 
Financing cash flows from finance leases$2.7 $0.8 $0.8 
Lease liabilities arising from new ROU assets:
Operating leases$51.9 $19.6 $65.5 
Finance leases$92.0 $52.7 $0.1 
December 31, 2022December 31, 2021
Weighted average remaining lease term (years):
Operating leases16.614.1
Finance leases36.536.2
Weighted average discount rate:
Operating leases5.6 %5.3 %
Finance leases6.1 %5.3 %
Income Statement LocationDecember 31, 2022December 31, 2021
Amortization of DLF obligationsAmortization expense$14.5 $5.7 
Interest on DLF obligationsInterest expense, net46.7 28.0 
Total DLF contracts expenses$61.2 $33.7 
Other information related to DLF leases was as follows:
Supplemental Cash Flows Information (in millions)December 31, 2022December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from DLF obligations$36.9 $17.7 
Financing cash flows from DLF obligations$4.8 $— 
Lease liabilities arising from new ROU assets:
Operating DLF obligations$193.8 $171.4 

December 31, 2022December 31, 2021
Weighted average remaining lease term (years)38.539.0
Weighted average discount rate8.8 %9.2 %
Future Minimum Lease Obligations Future minimum lease obligations as of December 31, 2022 were as follows (in millions):
Operating LeasesFinance Leases
2023$152.5 $11.2 
2024151.7 13.8 
2025148.3 15.1 
2026145.3 15.2 
2027143.6 15.5 
Thereafter1,719.0 564.8 
Total future lease payments2,460.4 635.6 
Less: imputed interest946.5 408.0 
Total$1,513.9 $227.6 
Future Minimum Lease Obligations Future minimum lease obligations as of December 31, 2022 were as follows (in millions):
Operating LeasesFinance Leases
2023$152.5 $11.2 
2024151.7 13.8 
2025148.3 15.1 
2026145.3 15.2 
2027143.6 15.5 
Thereafter1,719.0 564.8 
Total future lease payments2,460.4 635.6 
Less: imputed interest946.5 408.0 
Total$1,513.9 $227.6 
Future minimum financing obligations related to DLF obligations as of December 31, 2022 were as follows (in millions):
2023$52.2 
202454.8 
202555.1 
202656.1 
202757.4 
Thereafter2,622.7 
Total future payments2,898.3 
Less: imputed interest2,237.9 
Total$660.4