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Leases (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases |
Schedule of right-of-use asset amounts reported in consolidated balance sheet |
|  | March 31, 2019
|  | (in millions)
Operating Leases (1) |  |  |
Real Estate |  | $ | 24.4
Automobile |  |  | 3.3
Machinery and equipment |  |  | 3.5
Total operating lease ROU Asset |  | $ | 31.2
Finance Leases (2) |  |  |
Real Estate |  | $ | 14.5
Machinery and equipment |  |  | 3.7
Less: Accumulated depreciation |  |  | (8.1)
Finance Leases, net |  | $ | 10.1
(1)Included on the Company’s consolidated balance sheet in other assets (other, net). (2)Included on the Company’s consolidated balance sheet in property, plant and equipment.
Schedule of maturity of operating and finance lease liabilities |
|  | March 31, 2019
|  | Operating Leases |  | Finance Leases
|  | (in millions)
2019 (excluding the three months ended March 31, 2019) |  | $ | 10.7 |  | $ | 1.7
2020 |  |  | 8.7 |  |  | 1.6
2021 |  |  | 4.6 |  |  | 0.5
2022 |  |  | 3.0 |  |  | 0.3
2023 |  |  | 2.3 |  |  | —
Thereafter |  |  | 4.4 |  |  | —
Total undiscounted minimum lease payments |  | $ | 33.7 |  | $ | 4.1
Less imputed interest |  |  | 2.2 |  |  | 0.3
Total lease liabilities |  | $ | 31.5 |  | $ | 3.8
Included in the consolidated balance sheet |  |  |  |  |  |
Current lease liabilities (included in other current liabilities) |  |  | 10.0 |  |  | 1.7
Non-Current lease liabilities (included in other non-current liabilities) |  |  | 21.5 |  |  | 2.1
Total lease liabilities |  | $ | 31.5 |  | $ | 3.8
Schedule of total lease cost and cash flows related to operating and finance leases | The total lease cost was comprised of the following amounts:
|  | March 31, 2019
|  | (in millions)
Operating lease cost |  | $ | 2.9
Amortization of finance lease right-out-use assets: |  |  | 0.3
Variable lease cost |  |  | 0.8
Total lease cost |  | $ | 4.0
The following information represents supplemental disclosure for the statement of cash flows related to operating and finance leases:
|  | March 31, 2019
|  | (in millions)
Operating cash flows from operating leases |  | $ | 3.0
Financing cash flows from finance leases |  |  | 0.4
Total cash paid for amounts included in the measurement of lease liabilities |  |  | 3.4
Operating lease liabilities arising from obtaining right-of-use assets |  |  | 0.3
Schedule of additional information associated with leases |
|  | March 31, 2019
Weighted-average remaining lease term - finance leases |  |  | 2.8 | years
Weighted-average remaining lease term - operating leases |  |  | 4.6 | years
Weighted-average discount rate - finance leases |  |  | 3.8 | %
Weighted-average discount rate - operating leases |  |  | 3.1 | %

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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 http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- References No definition available. + Details
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- Definition Tabular disclosure of additional information associated with leases, including but not limited to lease terms and discount rates. + References No definition available. + Details
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- Definition Tabular disclosure of reported amounts reported in the balance sheet associated with operating and finance leases. + References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating and finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References No definition available. + Details
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