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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Components of lease expense
Other information related to leases was as shown in the table below. All figures include the leases recorded at the beginning of the first quarter of 2019 as a result of our adoption of ASC 842.
(Dollars in millions)
Three Months Ended 
 March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
4.6

Operating cash flows from finance leases
$
0.2

Financing cash flows from finance leases
$
0.1

Right-of-use assets obtained in exchange for lease liabilities:
 
Operating leases
$
29.9

Finance leases
$
15.3

Weighted average remaining lease term in years:
 
Operating leases
3.3

Finance leases
14.0

Weighted average discount rate:
 
Operating leases
5.0
%
Finance leases
5.0
%
The components of lease expense for the three months ended March 31, 2019 were as follows:
(In millions)
Three Months Ended 
 March 31, 2019
Finance lease cost:
 
Amortization of right-of-use assets
$
0.3

Interest on lease liabilities
0.2

Operating lease cost
2.5

Short-term lease cost
1.3

Variable lease cost(1)
$
0.8

Total lease cost
$
5.1

(1) Variable lease costs represent payments that are dependent on a rate or index, or on usage of our facility leases and are primarily related to common area maintenance charges and property taxes.  
Future minimum lease payments, operating leases
Future minimum lease payments under non-cancellable leases as of March 31, 2019 were as shown in the table below. The current portion of finance leases are included in accounts payable and accrued liabilities and the long-term portion of finance leases are included in other long-term liabilities on our balance sheet as of March 31, 2019.
(In millions)
Operating Leases
 
Finance Leases
2019
$
11.3

 
$
1.0

2020
14.2

 
1.3

2021
14.5

 
1.3

2022
3.7

 
1.4

2023
1.6

 
1.4

Thereafter
1.0

 
15.4

Total future lease cost
46.3

 
21.8

Less: Amount representing interest
(3.6
)
 
(6.1
)
Present value of future payments
42.7

 
15.7

Less: Short-term leases not recorded as a liability
(0.9
)
 

Revised present value of future lease payments
41.8
 
15.7

Less: Current portion
(12.3
)
 
(0.5
)
Long-term portion
$
29.5

 
$
15.2

Future minimum lease payments, finance leases
Future minimum lease payments under non-cancellable leases as of March 31, 2019 were as shown in the table below. The current portion of finance leases are included in accounts payable and accrued liabilities and the long-term portion of finance leases are included in other long-term liabilities on our balance sheet as of March 31, 2019.
(In millions)
Operating Leases
 
Finance Leases
2019
$
11.3

 
$
1.0

2020
14.2

 
1.3

2021
14.5

 
1.3

2022
3.7

 
1.4

2023
1.6

 
1.4

Thereafter
1.0

 
15.4

Total future lease cost
46.3

 
21.8

Less: Amount representing interest
(3.6
)
 
(6.1
)
Present value of future payments
42.7

 
15.7

Less: Short-term leases not recorded as a liability
(0.9
)
 

Revised present value of future lease payments
41.8
 
15.7

Less: Current portion
(12.3
)
 
(0.5
)
Long-term portion
$
29.5

 
$
15.2