Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2021

Supplemental Cash Flow Elements [Abstract]

13.	Supplemental Cash Flow Information

Noncash investing and financing activities are as follows:

	Nine Months Ended
	September 30,
	2021			2020
	(Dollars in Millions)
Noncash investing and financing activities:
Right-of-use assets obtained in exchange for new finance lease liabilities	$	177.8		$	15.0
Right-of-use assets obtained in exchange for new operating lease liabilities	$	17.3		$	29.3
Accrued liabilities for purchases of property, plant and equipment	$	28.6		$	30.5
Remeasurement of operating lease right-of-use assets	$	(12.4	)	$	1.9

For the nine months ended September 30, 2021, the right-of-use assets obtained in exchange for new finance lease liabilities balance was primarily attributable to the leases of the new corporate headquarters, production equipment and leases assumed as part acquisitions completed during the year.

Supplemental disclosures of cash flow information are as follows:

	Nine Months Ended
	September 30,
	2021		2020
	(Dollars in Millions)
Cash paid for interest, net of capitalized amount	$	68.7	$	74.7
Cash paid for income taxes, net of refunds	$	101.1	$	68.9

During the nine months ended September 30, 2021 and 2020, the Company received proceeds of $13.9 million and repaid $13.7 million of loans, respectively, related to its company-owned life insurance policies. The proceeds and repayment, as applicable, are included in the Investments in life insurance contracts, net, in the investing activities of the consolidated statements of cash flows.