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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment Balances
The Company's property, plant and equipment, net balances consisted of the following:
December 31,
20212020
Land and improvements$10.8 $11.4 
Building and improvements43.5 48.3 
Machinery and equipment82.2 98.7 
Office furniture, fixtures and capitalized software62.6 76.2 
Leasehold improvements18.0 21.3 
Construction-in-progress8.8 9.1 
Right-of-Use assets71.4 87.0 
Property, plant and equipment and Right-of-Use assets, net$297.3 $352.0 
Schedule of Lease Cost and Other Information
The following table includes disclosure related to the ASC 842 lease standard for the periods presented, after application of the applicable practical expedients and short-term lease considerations:
Year Ended
December 31, 2021December 31, 2020
Lease Cost:
Finance Lease Cost:
    Amortization of ROU assets$0.2 $0.3 
    Interest on lease liabilities0.1 0.1 
Operating Lease Cost33.7 38.9 
Total Lease Cost$34.0 $39.3 
Other Information:
Cash paid for amounts included in the measurement of lease liabilities:
    Operating cash flows from finance leases0.1 0.1 
    Operating cash flows from operating leases36.3 36.3 
    Financing cash flows from finance leases0.3 0.2 
December 31, 2021December 31, 2020
ROU assets for finance leases0.3 0.6 
ROU assets for operating leases71.0 86.3 
Accumulated amortization on ROU assets for finance leases0.8 0.6 
Accumulated amortization on ROU assets for operating leases55.9 39.9 
Weighted-average remaining lease term - finance leases1.1 years2.1 years
Weighted-average remaining lease term - operating leases6.2 years6.5 years
Weighted-average discount rate - finance leases15.0 %15.0 %
Weighted-average discount rate - operating leases15.8 %15.8 %
Schedule of Finance Lease Maturities
Maturities of lease liabilities as of December 31, 2021 were as follows:
Operating LeasesFinance Leases
2022$28.7 $0.3 
202324.1 — 
202419.4 — 
202513.8 — 
202612.3 — 
Thereafter40.6 — 
Total undiscounted cash flows$138.9 $0.3 
Present value:
Short-term lease liability$12.7 $0.2 
Long-term lease liability72.0 0.1 
Total lease liability$84.7 $0.3 
Difference between undiscounted cash flows and discounted cash flows$54.2 $— 
Schedule of Operating Lease Maturities
Maturities of lease liabilities as of December 31, 2021 were as follows:
Operating LeasesFinance Leases
2022$28.7 $0.3 
202324.1 — 
202419.4 — 
202513.8 — 
202612.3 — 
Thereafter40.6 — 
Total undiscounted cash flows$138.9 $0.3 
Present value:
Short-term lease liability$12.7 $0.2 
Long-term lease liability72.0 0.1 
Total lease liability$84.7 $0.3 
Difference between undiscounted cash flows and discounted cash flows$54.2 $—