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Operating Leases | 12 Months Ended
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Dec. 31, 2017
Leases, Operating [Abstract] |
Operating Leases | Note 9. Operating Leases We lease space under non-cancelable operating leases for several distribution centers, several manufacturing locations, and certain branch locations. These leases do not have significant rent escalation holidays, concessions, leasehold improvement incentives, or other build-out clauses. Any such terms are recognized as rent expense over the term of the lease. Further, the leases do not contain contingent rent provisions. The net book value of leasehold improvements at December 31, 2017 was $2.5. We lease certain semi-tractors and pick-ups under operating leases. Future minimum lease payments for all operating leases are as follows:
| Leased Facilities and Equipment |  | Leased Vehicles |  | Total
2018 | $ | 96.8 |  |  | 37.0 |  |  | 133.8 |
2019 | 70.9 |  |  | 23.7 |  |  | 94.6 |
2020 | 47.5 |  |  | 10.4 |  |  | 57.9 |
2021 | 25.2 |  |  | 1.9 |  |  | 27.1 |
2022 | 9.3 |  |  | — |  |  | 9.3 |
2023 and thereafter | 2.0 |  |  | — |  |  | 2.0 |
Total minimum lease payments | $ | 251.7 |  |  | 73.0 |  |  | 324.7 |
Rent expense under all operating leases was as follows:
| Leased Facilities and Equipment |  | Leased Vehicles |  | Total
2017 | $ | 109.5 |  |  | 45.8 |  |  | 155.3 |
2016 | $ | 110.1 |  |  | 42.7 |  |  | 152.8 |
2015 | $ | 105.9 |  |  | 38.2 |  |  | 144.1 |
Certain operating leases for pick-up trucks contain residual value guarantee provisions which would generally become due at the expiration of the operating lease agreement if the fair value of the leased vehicles is less than the guaranteed residual value. The aggregate residual value guarantee related to these leases was approximately $75.5. We believe the likelihood of funding the guarantee obligation under any provision of the operating lease agreements is remote other than where we have established an accrual for estimated losses, which was immaterial at December 31, 2017. To the extent our fleet contains vehicles we estimate will settle at a gain, such gains on these vehicles will be recognized when we sell the vehicle.

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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- References No definition available. + Details
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