LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Expense, Term and Discount Rate

The components of lease expense are as follows:

	For the year ended Ended December 31,
In millions	2019
Operating lease expense	$	54.4
Finance lease expense amortization of leased assets	1.1
Short-term and variable lease expense	0.6
Sublease income	(0.5)
Total	$	55.6

The following table summarizes the remaining lease term and discount rate assumptions used to develop the present value of lease liabilities:

	December 31,
	2019
Weighted-average remaining lease term (years)
Operating leases	7.0
Finance leases	5.2
Weighted-average discount rate
Operating leases	4.6	%
Finance leases	1.4	%

Maturity of Operating Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions	Operating Leases		Finance Leases		Total
2020	$	53.9	$	0.4	$	54.3
2021	45.3		0.2		45.5
2022	38.1		0.2		38.3
2023	33.4		0.2		33.6
2024	29.3		0.1		29.4
Thereafter	103.2		0.2		103.4
Total lease payments	303.2		1.3		304.5
Less: Present value discount	(30.1)		—		(30.1)
Present value lease liabilities	$	273.1	$	1.3	$	274.4

Maturity of Finance Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions	Operating Leases		Finance Leases		Total
2020	$	53.9	$	0.4	$	54.3
2021	45.3		0.2		45.5
2022	38.1		0.2		38.3
2023	33.4		0.2		33.6
2024	29.3		0.1		29.4
Thereafter	103.2		0.2		103.4
Total lease payments	303.2		1.3		304.5
Less: Present value discount	(30.1)		—		(30.1)
Present value lease liabilities	$	273.1	$	1.3	$	274.4