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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessor, Sales-type Lease, Lease Income Lease receivables relating to sales-type lease arrangements are presented on the Consolidated Balance Sheets as follows (in millions):
December 31,
20222021
Gross lease receivables$449.4 $404.0 
Unearned income(14.4)(11.4)
Subtotal435.0 392.6 
Allowance for credit loss(3.0)(3.6)
Net investment in sales-type leases$432.0 $389.0 
Reported as:
Prepaids and other current assets$131.2 $110.3 
Intangible and other assets, net300.8 278.7 
Net investment in sales-type leases$432.0 $389.0 
Schedule of Contractual Maturities of Gross Lease Receivables
Contractual maturities of gross lease receivables as of December 31, 2022, are as follows (in millions):
Fiscal YearAmount
2023$137.5 
2024126.3 
202595.5 
202660.3 
202726.5 
2028 and thereafter3.3 
Total$449.4 
Schedule of Operating Lease Payments Future minimum lease payments related to the non-cancellable portion of operating leases (which excludes contingent payments related to usage-based arrangements) as of December 31, 2022, are as follows (in millions):
Fiscal YearAmount
2023$300.0 
2024250.5 
2025194.4 
2026130.2 
202758.7 
2028 and thereafter20.2 
Total$954.0 
Supplemental Cash Flow and Balance Sheet Information Supplemental cash flow information for the years ended December 31, 2022, 2021, and 2020 related to operating leases was as follows (in millions):
Years Ended December 31,
202220212020
Cash paid for leases that were included within operating cash outflows$33.8 $23.2 $11.0 
Right-of-use assets recognized related to new lease obligations$34.0 $30.6 $9.6 
Supplemental Balance Sheet Information Supplemental balance sheet information, as of December 31, 2022, and 2021, related to operating leases was as follows (in millions, except lease term and discount rate):
December 31,
20222021
Intangible and other assets, net (Right-of-use assets)$82.2 $74.4 
Other accrued liabilities$24.2 $20.4 
Other long-term liabilities69.6 66.6 
Total lease liabilities$93.8 $87.0 
Weighted-average remaining lease term4.5 years4.9 years
Weighted-average discount rate3.0 %2.5 %
Schedule of Maturities of Operating Lease Liabilities As of December 31, 2022, the future payments related to the Company’s operating lease liabilities are scheduled as follows (in millions):
Fiscal YearAmount
2023$26.0 
202421.7 
202519.5 
202616.6 
20278.3 
2028 and thereafter8.9 
Total lease payments101.0 
Less: imputed interest(7.2)
Total operating lease liabilities$93.8