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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2022
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,
20222021
Land and improvements$10.3 $10.8 
Building and improvements40.0 43.5 
Machinery and equipment69.8 82.2 
Office furniture, fixtures and capitalized software47.2 62.6 
Leasehold improvements15.3 18.0 
Construction-in-progress11.4 8.8 
Right-of-Use assets57.6 71.4 
Property, plant and equipment and Right-of-Use assets, net$251.6 $297.3 
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, 2022December 31, 2021
Lease Cost:
Finance Lease Cost:
    Amortization of ROU assets$0.2 $0.2 
    Interest on lease liabilities0.1 0.1 
Operating Lease Cost28.9 33.7 
Total Lease Cost$29.2 $34.0 
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 leases29.5 36.3 
    Financing cash flows from finance leases0.1 0.3 
December 31, 2022December 31, 2021
ROU assets for finance leases0.2 0.3 
ROU assets for operating leases57.3 71.0 
Accumulated amortization on ROU assets for finance leases1.0 0.8 
Accumulated amortization on ROU assets for operating leases49.1 55.9 
Weighted-average remaining lease term - finance leases0.1 years1.1 years
Weighted-average remaining lease term - operating leases6.1 years6.2 years
Weighted-average discount rate - finance leases15.0 %15.0 %
Weighted-average discount rate - operating leases16.2 %15.8 %
Schedule of Finance Lease Maturities
Maturities of lease liabilities as of December 31, 2022 were as follows:
Operating Leases (a)
Finance Leases
2023$23.1 $0.1 
202418.3 0.1 
202512.6 — 
202611.4 — 
20278.9 — 
Thereafter28.9 — 
Total undiscounted cash flows$103.2 $0.2 
Present value:
Short-term lease liability$5.7 $0.1 
Long-term lease liability12.0 0.1 
Leases subject to compromise58.1 — 
Total lease liability$75.8 $0.2 
Difference between undiscounted cash flows and discounted cash flows$27.4 $— 
(a) Includes liabilities for certain leases subsequently rejected after the balance sheet date.
Schedule of Operating Lease Maturities
Maturities of lease liabilities as of December 31, 2022 were as follows:
Operating Leases (a)
Finance Leases
2023$23.1 $0.1 
202418.3 0.1 
202512.6 — 
202611.4 — 
20278.9 — 
Thereafter28.9 — 
Total undiscounted cash flows$103.2 $0.2 
Present value:
Short-term lease liability$5.7 $0.1 
Long-term lease liability12.0 0.1 
Leases subject to compromise58.1 — 
Total lease liability$75.8 $0.2 
Difference between undiscounted cash flows and discounted cash flows$27.4 $— 
(a) Includes liabilities for certain leases subsequently rejected after the balance sheet date.