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Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Lease Expense, Term and Discount Rate

The components of lease expense are as follows:

			Three Months Ended March 31,
In millions			2021						2020
Operating lease expense			$	14.2					$	14.7
Finance lease expense amortization of leased assets			—						0.3
Short-term and variable lease expense			0.1						0.1
Sublease income			(0.1)						(0.1)
Total			$	14.2					$	15.0

The following table summarizes the remaining lease term and discount rate assumptions used to develop the present value of lease liabilities:

			March 31, 2021
Weighted-average remaining lease term (years)
Operating leases			7.8
Finance leases			4.5
Weighted-average discount rate
Operating leases			2.7		%
Finance leases			1.5		%

Maturity of Operating Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions			Operating Leases						Finance Leases						Total
Remaining 2021			$	42.8					$	0.3					$	43.1
2022			51.7						0.3						52.0
2023			45.6						0.2						45.8
2024			40.3						0.2						40.5
2025			34.8						0.1						34.9
Thereafter			114.2						0.1						114.3
Total lease payments			329.4						1.2						330.6
Less: Present value discount			(28.3)						—						(28.3)
Present value of lease liabilities			$	301.1					$	1.2					$	302.3

Maturity of Finance Lease Liabilities

Scheduled payments of lease liabilities are as follows:

In millions			Operating Leases						Finance Leases						Total
Remaining 2021			$	42.8					$	0.3					$	43.1
2022			51.7						0.3						52.0
2023			45.6						0.2						45.8
2024			40.3						0.2						40.5
2025			34.8						0.1						34.9
Thereafter			114.2						0.1						114.3
Total lease payments			329.4						1.2						330.6
Less: Present value discount			(28.3)						—						(28.3)
Present value of lease liabilities			$	301.1					$	1.2					$	302.3

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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