XML 38 R14.htm IDEA: XBRL DOCUMENT
v3.22.4

LEASES | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
LEASES | LEASES The Company leases certain office space, manufacturing facilities, land, apartments, warehouses, vehicles, and equipment with remaining lease terms ranging from less than 1 year to 18 years, some of which include options to extend or terminate the leases. Operating lease costs for the years ended December 31, 2022, 2021, and 2020 were $28.8 million, $29.7 million, and $30.5 million, respectively. Short-term and variable lease costs were not material for the years ended December 31, 2022, 2021, and 2020. Supplemental balance sheet information related to operating leases was as follows (in millions, except lease term and discount rate):
| As of December 31,
| 2022 |  | 2021
Operating lease right-of-use assets | $ | 92.3 |  |  | $ | 92.1 |
Operating lease liabilities, current portion | $ | 25.5 |  |  | $ | 25.5 |
Operating lease liabilities, long-term portion | 69.5 |  |  | 69.1 |
Total operating lease liabilities | $ | 95.0 |  |  | $ | 94.6 |
Maturities of operating lease liabilities at December 31, 2022 were as follows (in millions):
2023 | $ | 27.0 |
2024 | 18.5 |
2025 | 12.5 |
2026 | 10.5 |
2027 | 8.2 |
Thereafter | 26.0 |
Total lease payments | 102.7 |
Less: imputed interest | (7.7) |
Total lease liabilities | $ | 95.0 |
The following table provides information on the lease terms and discount rates:
| Years Ended December 31,
| 2022 |  | 2021
Weighted-average remaining lease term (in years) | 6.4 |  | 6.2
Weighted-average discount rate | 1.8 | % |  | 2.5 | %
As of December 31, 2022, the Company had additional operating lease commitments of $14.1 million for office spaces that have not yet commenced.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration