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Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Cost

The components of lease expense were as follows:

			Year ended
			December 31, 2019
Operating lease cost (1)			$	13.5
Variable lease cost			$	—
Finance lease cost:
Amortization of right-of-use assets			$	1.2
Interest on lease liabilities			0.1
Total finance lease cost			$	1.3

__________________________

⁽¹⁾ Includes short-term lease cost of $3.8.

Supplemental cash flow information related to leases for the year ended December 31, 2019 was as follows:

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating leases			$	9.8
Operating cash flows from finance leases			0.1
Financing cash flows from finance leases			1.2
Non-cash activities:
Operating lease right-of-use assets obtained in exchange for new lease obligations			5.2
Finance lease right-of-use assets obtained in exchange for new lease obligations			1.3

Supplemental Lease Information

Supplemental balance sheet information related to leases as of December 31, 2019 was as follows:

Operating Leases:									Affected Line Item in the Consolidated Balance Sheet
Operating lease ROU assets (1)			$	30.7					Other assets
Operating lease current liabilities			$	7.8					Accrued expenses
Operating lease non-current liabilities			17.7						Other long-term liabilities
Total operating lease liabilities			$	25.5
Finance Leases:
Finance Lease Assets			$	2.5					Property, plant and equipment, net
Finance lease current liabilities			$	1.0					Current maturities of long-term debt
Finance lease non-current liabilities			1.7						Long-term debt
Total finance lease liabilities			$	2.7

___________________________________________________________________

⁽¹⁾ Includes favorable leasehold interests of $6.9 recorded as part of the acquisition of Patterson-Kelley.

The weighted average remaining lease terms (years) of our leases as of December 31, 2019 were as follows:

Operating Leases			5.2
Finance Leases			3.3

Finance Lease Maturities

The future minimum payments under our operating and finance leases were as follows as of December 31, 2019:

			Operating Leases (1)						Finance Leases						Total
Next 12 months			$	8.7					$	1.0					$	9.7
12 to 24 months			5.6						0.8						6.4
24 to 36 months			4.6						0.5						5.1
36 to 48 months			4.3						0.3						4.6
48 to 60 months			3.9						0.1						4.0
Thereafter			1.5						0.1						1.6
Total lease payments			28.6						2.8						31.4
Less imputed interest			3.1						0.1						3.2
Total			$	25.5					$	2.7					$	28.2

___________________________________________________________________

⁽¹⁾ Excludes $17.8 of minimum lease payments for leases executed on January 1, 2020.

Operating Lease Maturities

The future minimum payments under our operating and finance leases were as follows as of December 31, 2019:

			Operating Leases (1)						Finance Leases						Total
Next 12 months			$	8.7					$	1.0					$	9.7
12 to 24 months			5.6						0.8						6.4
24 to 36 months			4.6						0.5						5.1
36 to 48 months			4.3						0.3						4.6
48 to 60 months			3.9						0.1						4.0
Thereafter			1.5						0.1						1.6
Total lease payments			28.6						2.8						31.4
Less imputed interest			3.1						0.1						3.2
Total			$	25.5					$	2.7					$	28.2

___________________________________________________________________

⁽¹⁾ Excludes $17.8 of minimum lease payments for leases executed on January 1, 2020.

Schedule of Future Minimum Rent Payments

Our operating lease commitments as of December 31, 2018 were as follows:

2019			$	9.1
2020			7.3
2021			4.5
2022			3.8
2023			3.4
Thereafter			3.1
Total minimum payments			$	31.2

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Assets And Liabilities, Lessee

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