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Leases (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Schedule of Lease Cost | Total lease costs for 2022, 2021 and 2020 consist of the following:
(Amounts in millions) |  | 2022 |  | 2021 |  | 2020
Finance lease costs: |  |  |  |  |  |
Amortization of ROU assets |  | $ | 1.5 |  |  | $ | 1.7 |  |  | $ | 1.7 |
Interest on lease liabilities |  | 0.2 |  |  | 0.3 |  |  | 0.4 |
Operating lease costs* |  | 24.3 |  |  | 25.4 |  |  | 24.6 |
Total lease costs |  | $ | 26.0 |  |  | $ | 27.4 |  |  | $ | 26.7 |
* | Includes short-term leases, variable lease costs and sublease income, which are immaterial.
Supplemental cash flow information related to leases in 2022, 2021 and 2020 is as follows:
(Amounts in millions) |  | 2022 |  | 2021 |  | 2020
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Financing cash flows from finance leases |  | $ | 2.4 |  |  | $ | 3.1 |  |  | $ | 3.4 |
Operating cash flows from finance leases |  | 0.2 |  |  | 0.3 |  |  | 0.4 |
Operating cash flows from operating leases |  | 22.2 |  |  | 23.5 |  |  | 23.1 |
ROU assets obtained in exchange for new lease obligations: |  |  |  |  |  |
Finance lease liabilities |  | $ | 0.2 |  |  | $ | 0.3 |  |  | $ | 0.4 |
Operating lease liabilities |  | 33.5 |  |  | 23.4 |  |  | 15.2 |
Schedule of Lease Supplemental Balance Sheet Information and Weighted-Average Lease Terms and Discount Rates | Supplemental balance sheet information related to leases in 2022 and 2021 is as follows:
(Amounts in millions) |  |  | 2022 |  | 2021
Finance leases: |  |  |  |  |
Property and equipment - gross |  | $ | 19.4 |  |  | $ | 22.3 |
Accumulated depreciation and amortization |  | (16.4) |  |  | (17.4) |
Property and equipment - net |  |  | $ | 3.0 |  |  | $ | 4.9 |
Other accrued liabilities |  |  | $ | 2.0 |  |  | $ | 2.4 |
Other long-term liabilities |  |  | 1.9 |  |  | 4.5 |
Total finance lease liabilities |  |  | $ | 3.9 |  |  | $ | 6.9 |
Operating leases: |  |  |  |  |
Operating lease right-of-use assets |  |  | $ | 61.5 |  |  | $ | 51.9 |
Other accrued liabilities |  |  | $ | 19.4 |  |  | $ | 19.6 |
Operating lease liabilities |  |  | 44.7 |  |  | 34.2 |
Total operating lease liabilities |  |  | $ | 64.1 |  |  | $ | 53.8 |
Weighted-average lease terms and discount rates in 2022 and 2021 are as follows:
|  | 2022 |  | 2021 |  | 2020
Weighted-average remaining lease terms: |  |  |  |  |  |
Finance leases |  | 2.1 years |  | 2.9 years |  | 3.7 years
Operating leases |  | 4.0 years |  | 3.3 years |  | 3.3 years
Weighted-average discount rates: |  |  |  |  |  |
Finance leases |  | 3.1% |  | 3.1% |  | 3.4%
Operating leases |  | 2.9% |  | 1.9% |  | 2.6%
Schedule of Operating Lease Liability Maturities | Maturities of lease liabilities as of December 31, 2022, are as follows:
(Amounts in millions) |  | Operating Leases |  | Finance Leases
Year: |  |  |  |
2023 |  | $ | 20.8 |  |  | $ | 2.0 |
2024 |  | 17.1 |  |  | 1.6 |
2025 |  | 12.0 |  |  | 0.3 |
2026 |  | 8.7 |  |  | 0.1 |
2027 |  | 5.8 |  |  | — |
2028 and thereafter |  | 3.6 |  |  | — |
Total lease payments |  | 68.0 |  |  | 4.0 |
Less: amount representing interest |  | (3.9) |  |  | (0.1) |
Total lease liabilities |  | $ | 64.1 |  |  | $ | 3.9 |
Schedule of Finance Lease Liability Maturities | Maturities of lease liabilities as of December 31, 2022, are as follows:
(Amounts in millions) |  | Operating Leases |  | Finance Leases
Year: |  |  |  |
2023 |  | $ | 20.8 |  |  | $ | 2.0 |
2024 |  | 17.1 |  |  | 1.6 |
2025 |  | 12.0 |  |  | 0.3 |
2026 |  | 8.7 |  |  | 0.1 |
2027 |  | 5.8 |  |  | — |
2028 and thereafter |  | 3.6 |  |  | — |
Total lease payments |  | 68.0 |  |  | 4.0 |
Less: amount representing interest |  | (3.9) |  |  | (0.1) |
Total lease liabilities |  | $ | 64.1 |  |  | $ | 3.9 |
Schedule of Sales-type Lease Receivables Maturities | Future minimum lease payments as of December 31, 2022 are as follows:
(Amounts in millions) |  | Lease Receivables
Year: |  |
2023 |  | $ | 83.1 |
2024 |  | 72.1 |
2025 |  | 57.5 |
2026 |  | 42.8 |
2027 |  | 27.8 |
2028 and thereafter |  | 19.0 |
Total lease payments |  | 302.3 |
Less: unearned finance charges |  | (50.5) |
Net investment in leases |  | $ | 251.8 |

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- 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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919391-209981 + Details
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