XML 49 R37.htm IDEA: XBRL DOCUMENT v3.19.1
Leases (Tables)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Leases [Abstract]    
Schedule of Lease Assets and Liabilities
The lease assets and liabilities at March 31, 2019 are as follows:
 
 
Three Months Ended
 
 
March 31,
Leases
Classification
2019
Assets
 
 
Operating lease assets
Operating Lease Assets
$
40.7

Finance lease assets
Property, Plant and Equipment(a)
0.4

Total leased assets
 
$
41.1

Liabilities
 
 
Current
 
 
Operating
Other Current Liabilities
$
16.5

Finance
Current Portion of Long-term Debt
0.3

Noncurrent
 
 
Operating
Long-term Operating Lease Liabilities
24.7

Finance
Long-term Debt
0.1

Total lease liabilities
 
$
41.6

(a)    Finance lease assets are recorded net of accumulated amortization of $0.6 million as of March 31, 2019.
Other information related to cash paid related to lease liabilities and lease assets obtained for the three months ended March 31, 2019 was as follows:
 
Three Months Ended
 
March 31,
Other Information
2019
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flows from finance leases
$

Operating cash flows from operating leases
5.7

Financing cash flows from finance leases
0.1

Lease assets obtained in exchange for new finance lease liabilities

Lease assets obtained in exchange for new operating lease liabilities
2.2

 
Schedule of Lease Costs and Terms
The lease cost for the three months ended March 31, 2019 and 2018 was as follows:
 
 
Three Months Ended
 
 
March 31
Lease Cost
 
2019
 
2018
Operating lease cost
(a) 
$
5.5

 
$
5.5

Finance lease cost(b)
 
0.1

 

Net lease cost
 
$
5.6

 
$
5.5

(a)  
Includes short-term lease costs of $0.7 million and variable lease costs of $0.6 million for the three months ended March 31, 2019.
The lease term and discount rate at March 31, 2019 were as follows:
 
March 31,
Lease Term and Discount Rate
2019
Weighted-average remaining lease term (years)
 
Operating leases
3.7

Finance leases
1.7

Weighted-average discount rate
 
Operating leases
3.0
%
Finance leases
2.5
%
 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
The maturity of lease liabilities at March 31, 2019 was as follows:
Maturity of Lease Liabilities
Operating Leases

Finance Leases

Total

Remaining 2019
$
13.8

$
0.2

$
14.0

2020
12.3

0.2

12.5

2021
7.3


7.3

2022
3.7


3.7

2023
2.6


2.6

Thereafter
4.2


4.2

Total lease payments
$
43.9

$
0.4

$
44.3

Less: Interest
(2.7
)

(2.7
)
Present value of lease liabilities
$
41.2

$
0.4

$
41.6

 
Finance Lease, Liability, Maturity [Table Text Block]
The maturity of lease liabilities at March 31, 2019 was as follows:
Maturity of Lease Liabilities
Operating Leases

Finance Leases

Total

Remaining 2019
$
13.8

$
0.2

$
14.0

2020
12.3

0.2

12.5

2021
7.3


7.3

2022
3.7


3.7

2023
2.6


2.6

Thereafter
4.2


4.2

Total lease payments
$
43.9

$
0.4

$
44.3

Less: Interest
(2.7
)

(2.7
)
Present value of lease liabilities
$
41.2

$
0.4

$
41.6

 
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]  

The minimum rentals for aggregate lease commitments as of March 31, 2018 were as follows:
 
Operating Leases

Finance Leases

Total

Remaining 2018
$
12.3

$
0.3

$
12.6

2019
11.4

0.3

11.7

2020
6.9

0.2

7.1

2021
3.9


3.9

2022
2.2


2.2

Thereafter
3.5


3.5

Total
$
40.2

$
0.8

$
41.0