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Leases and Other Commitments (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Maturity of Operating Lease Liabilities

As of December 31, 2023, the maturities of our operating and finance lease liabilities were as shown in the table below:

(In millions)			Operating Leases						Finance Leases
2024			$	26.3					$	7.9
2025			24.5						7.0
2026			24.4						6.2
2027			19.2						5.3
2028			14.2						5.4
Thereafter			9.3						60.1
Total future lease cost (1)			117.9						91.9
Less: Imputed interest			(16.7)						(28.6)
Present value of future payments			101.2						63.3
Less: Current portion			(21.1)						(4.7)
Long-term portion			$	80.1					$	58.6

Schedule of Maturity of Finance Lease Liabilities

As of December 31, 2023, the maturities of our operating and finance lease liabilities were as shown in the table below:

(In millions)			Operating Leases						Finance Leases
2024			$	26.3					$	7.9
2025			24.5						7.0
2026			24.4						6.2
2027			19.2						5.3
2028			14.2						5.4
Thereafter			9.3						60.1
Total future lease cost (1)			117.9						91.9
Less: Imputed interest			(16.7)						(28.6)
Present value of future payments			101.2						63.3
Less: Current portion			(21.1)						(4.7)
Long-term portion			$	80.1					$	58.6

Schedule of Components of Lease Expense and Other Information

The components of lease expense for the twelve months ended December 31, 2023, 2022 and 2021 were as follows:

			Twelve Months Ended December 31,
(In millions)			2023						2022						2021
Finance lease cost:
Amortization of right-of-use assets			$	6.5					$	5.6					$	4.1
Interest on lease liabilities			3.2						3.3						3.0
Operating lease cost			22.9						22.6						23.3
Right-of-use asset impairment			—						6.3						—
Short-term lease cost			2.4						3.5						2.3
Variable lease cost			8.3						8.0						6.0
Total lease cost			$	43.3					$	49.3					$	38.7

Other information related to our leases is as follows:

			Twelve Months Ended December 31,
(Dollars in millions)			2023						2022						2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases			$	28.1					$	26.0					$	23.3
Operating cash flows from finance leases			3.2						3.1						1.9
Financing cash flows from finance leases			4.7						15.5						9.9
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases			7.5						15.6						13.1
Finance leases			$	4.2					$	16.1					$	6.4
Weighted average remaining lease term:
Operating leases			5.0 years						5.5 years						5.5 years
Finance leases			14.1 years						15.2 years						15.9 years
Weighted average discount rate:
Operating leases			6.1		%				6.0		%				5.0		%
Finance leases			5.3		%				5.1		%				5.1		%

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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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- 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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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