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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Cost Income statement presentation for these costs (when ultimately recognized on the income statement) is also included:
Year Ended December 31, (in millions)
Income Statement Classification20222021
Finance lease cost
Amortization of right-of-use assetsDepreciation and amortization$31.9 $28.8 
Interest on lease liabilitiesInterest expense, net8.5 9.4 
Total finance lease cost40.4 38.2 
Operating lease costOperation and maintenance10.4 15.6 
Total lease cost$50.8 $53.8 
Right-of-Use Assets and Liabilities
Our right-of-use assets and liabilities are presented in the following lines on the Consolidated Balance Sheets:
At December 31, (in millions)
Balance Sheet Classification20222021
Assets
Finance leasesNet Property, Plant and Equipment$153.4 $165.7 
Operating leasesDeferred charges and other35.7 33.8
Total leased assets$189.1 199.5
Liabilities
Current
Finance leasesCurrent portion of long-term debt$30.0 28.1
Operating leasesOther accruals4.8 6.7
Noncurrent
Finance leasesLong-term debt, excluding amounts due within one year144.7 157.5
Operating leasesOther noncurrent liabilities31.9 27.9
Total lease liabilities$211.4 $220.2 
Lease Information
Other pertinent information related to leases was as follows:
Year Ended December 31, (in millions)
20222021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows used for finance leases$8.6 $9.4 
Operating cash flows used for operating leases10.3 15.4
Financing cash flows used for finance leases30.3 25.7
Right-of-use assets obtained in exchange for lease obligations
Finance leases19.3 22.4
Operating leases$8.8 $6.0 
December 31, 2022December 31, 2021
Weighted-average remaining lease term (years)
Finance leases9.910.6
Operating leases7.78.5
Weighted-average discount rate
Finance leases5.1 %5.0 %
Operating leases4.0 %3.7 %
Lease Maturity
Maturities of our lease liabilities as of December 31, 2022 were as follows:
As of December 31, 2022, (in millions)
TotalFinance LeasesOperating Leases
2023$46.8 $38.9 $7.9 
202437.3 30.9 6.4 
202530.3 24.5 5.8 
202624.7 19.4 5.3 
202719.9 15.4 4.5 
Thereafter110.8 97.4 13.4 
Total lease payments269.8 226.5 43.3 
Less: Imputed interest(58.4)(51.8)(6.6)
Total
$211.4 $174.7 $36.7 
Reported as of December 31, 2022
Short-term lease liabilities34.8 30.0 4.8 
Long-term lease liabilities176.6 144.7 31.9 
Total lease liabilities$211.4 $174.7 $36.7