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Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Description of Operating Lease
The following table presents supplemental operating lease information for operating leases that have commenced.
Nine Months Ended
September 30,
(in millions, except weighted average data)20232022
Operating lease cost$12.3 $12.5 
Sublease income(0.3)— 
Net operating lease cost$12.0 $12.5 
Cash paid for amounts included in the measurement of operating lease liabilities$13.4 $12.2 
September 30,
2023
September 30,
2022
Weighted average remaining lease term
7.2 years8.1 years
Weighted average discount rate5.4 %5.3 %
Schedule of Operating Lease Liability Maturity
The following table presents approximate future non-cancelable minimum lease payments under operating leases and sublease income as of September 30, 2023.
(in millions)
Operating
Leases (1)
Sublease
Income
2023 (3 months remaining)
$4.5 $(0.4)
2024
18.5 (1.7)
2025
17.0 (1.7)
2026
15.7 (1.7)
2027
16.0 (1.7)
Thereafter54.4 (6.0)
Total operating lease payments (sublease income)126.1 $(13.2)
Less accreted interest22.4 
Total operating lease liabilities103.7 
Less current operating lease liabilities included in other current liabilities17.8 
Noncurrent operating lease liabilities$85.9 
_________________________
(1) Amounts presented in the table above exclude $17.2 million for 2024, $33.3 million for 2025, $41.9 million for 2026, $43.2 million for 2027 and $436.5 million thereafter of approximate non-cancelable future minimum lease payments under operating leases that have not yet commenced.