The following table presents operating lease right-of-use assets and lease liabilities.


(Dollars in Millions)	2022		2021
Operating Lease Right-of-Use Assets	$	45.1	$	64.4
Operating Lease Liabilities	72.6		84.8

Lease expenses are primarily included in insurance expenses in the Consolidated Statements of (Loss) Income. Additional information regarding the Company’s operating leases is presented below.


(Dollars in Millions)	2022		2021
Lease Cost:
Amortization of Right-of-Use Assets - Finance Leases	$	—	$	0.2
Operating Lease Cost	21.3		22.3
Variable Lease Cost	0.3		0.2
Short-Term Lease Cost (1)	3.8		5.0
Total Lease Expense	$	25.4	$	27.7
Less: Sub-Lease Income	0.1		0.3
Total Lease Cost	$	25.3	$	27.4

(1) - Leases with an initial term of twelve months or less are not recorded on the Consolidated Balance Sheets.


DOLLARS IN MILLIONS	2022		2021
Operating Lease Right-of-Use Assets	$	12.2	$	12.8
Operating Lease Liabilities	24.4		25.8

Supplemental cash flow information related to Kemper’s operating leases for the year-ended December 31, 2022 and December 31, 2021 respectively are presented follows.


DOLLARS IN MILLIONS	2022		2021
Operating Cash Flows from Operating Leases (Fixed Payments)	$	2.4	$	2.2
Operating Cash Flows from Operating Leases (Liability Reduction)	1.4		1.1
Right-of-Use Assets Obtained in Exchange for New Operating Lease Liabilities	—		—

Significant judgments and assumptions for determining lease asset and liability as December 31, 2022 and December 31, 2021 respectively are presented below.


DOLLARS IN MILLIONS	2022		2021
Weighted-average Remaining Lease Term - Operating Leases	11.0 years		11.9 years
Weighted-average Discount Rate - Operating Leases	4.0	%	4.0	%