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LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Lease Expense and Lease Term and Discount Rate

The components of lease expense are as follows:

						For the year ended December 31,
In millions						2020						2019
Operating lease expense						$	57.3					$	54.4
Finance lease expense amortization of leased assets						1.2						1.1
Short-term and variable lease expense						0.1						0.6
Sublease income						(0.4)						(0.5)
Total						$	58.2					$	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, 2020						December 31, 2019
Weighted-average remaining lease term (years)
Operating leases			7.4						7.0
Finance leases			4.5						5.2
Weighted-average discount rate
Operating leases			2.7		%				4.6		%
Finance leases			1.4		%				1.4		%

Maturity of Operating Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions			Operating Leases						Finance Leases						Total
2021			$	56.4					$	0.4					$	56.8
2022			50.1						0.2						50.3
2023			43.4						0.2						43.6
2024			37.9						0.2						38.1
2025			32.4						0.1						32.5
Thereafter			103.6						0.1						103.7
Total lease payments			323.8						1.2						325.0
Less: Present value discount			(29.0)						—						(29.0)
Present value lease liabilities			$	294.8					$	1.2					$	296.0

Maturity of Finance Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions			Operating Leases						Finance Leases						Total
2021			$	56.4					$	0.4					$	56.8
2022			50.1						0.2						50.3
2023			43.4						0.2						43.6
2024			37.9						0.2						38.1
2025			32.4						0.1						32.5
Thereafter			103.6						0.1						103.7
Total lease payments			323.8						1.2						325.0
Less: Present value discount			(29.0)						—						(29.0)
Present value lease liabilities			$	294.8					$	1.2					$	296.0

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

+ Details

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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