Operating Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Operating Leases

Operating Leases

The Company has various operating lease agreements, primarily for real estate offices. Such leases have remaining lease terms of 1 year to 7 years, some of which may include options to extend certain leases for up to an additional 10 years.

The components of lease expense were as follows:

($ in millions)	Years Ended December 31,
	2022		2021
Operating lease cost	$	4.3	$	4.3
Short-term lease cost	0.8		0.1
Total lease cost	$	5.1	$	4.4

Supplemental cash flow information related to operating leases was as follows:

($ in millions)	Years Ended December 31,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities	$	4.2	$	4.3

Supplemental balance sheet information related to operating leases were as follows:

($ in millions, except lease term and discount rate)	December 31,
	2022			2021
Assets
Right of use assets, included in Other assets	$	11.6		$	9.0
Liabilities
Operating lease liabilities, included in Other liabilities	$	12.2		$	10.0
Weighted average remaining lease term	6.1			3.1
Weighted average discount rate	4.0		%	3.7		%

Future minimum lease payments under non-cancellable operating leases as of December 31, 2022 are as follows:

($ in millions)
Year Ending December 31,
2023	$	3.8
2024	3.0
2025	1.7
2026	0.8
2027	0.8
Thereafter	3.9
Total future minimum lease payments	14.0
Less imputed interest	(1.8)
Total	$	12.2