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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of supplemental operating lease information
The following tables present supplemental operating lease information.
Year Ended December 31,
(in millions)202220212020
Operating lease cost$16.3 $15.3 $10.1 
Cash paid for amounts included in the measurement of operating lease liabilities$16.9 $12.6 $8.6 
December 31,
(in millions, except weighted average data)20222021
Weighted average remaining lease term
7.9 years8.8 years
Weighted average discount rate5.3 %5.2 %
Restricted cash related to letters of credit issued in lieu of cash security deposits$7.8 $3.2 
Summary of minimum lease payments for operating lease liabilities
Approximate future minimum lease payments under operating leases were as follows:
(in millions)
Amount (1)
Year ending December 31, 2023
$17.9 
Year ending December 31, 2024
17.4 
Year ending December 31, 2025
15.9 
Year ending December 31, 2026
15.7 
Year ending December 31, 2027
16.0 
Thereafter54.4 
Total operating lease payments137.3 
Less accreted interest26.4 
Total operating lease liabilities110.9 
Less current operating lease liabilities included in other current liabilities17.4 
Noncurrent operating lease liabilities$93.5 
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(1) Amounts presented in the table above exclude $17.2 million for 2024, $33.3 million for 2025, $41.9 million for 2026, and $479.7 million thereafter of approximate non-cancelable future minimum lease payments under operating leases that have not yet commenced.