XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Leases [Abstract] |
Lease, Cost | The following table presents the lease balances within our condensed consolidated balance sheets, weighted average remaining lease term and weighted average discount rates related to our leases:
Lease Assets and Liabilities | March 31, 2023 |  | December 31, 2022
Assets |  |  |
Operating lease, net | $ | 65.9 |  |  | $ | 21.1 |
Finance lease, net | 11.2 |  |  | 3.0 |
Total lease assets | $ | 77.1 |  |  | $ | 24.1 |
Liabilities |  |  |
Current: |  |  |
Operating lease liabilities | $ | 14.3 |  |  | $ | 5.4 |
Finance lease liabilities | 2.5 |  |  | 1.7 |
Non-current: |  |  |
Operating lease liabilities | 52.0 |  |  | 15.6 |
Finance lease liabilities | $ | 8.8 |  |  | 1.5 |
Total lease liabilities | $ | 77.6 |  |  | $ | 24.2 |
Weighted-average remaining lease terms |  |  |
Operating leases | 5.1 years |  |
Finance leases | 5.8 years |  |
Weighted-average discount rate |  |  |
Operating leases | 9.4% |  |
Finance leases | 6.5% |  |
Schedule of Operating Lease Future Minimum Payments | The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2023:
| Finance | Operating
2023 | $ | 2.4 |  | $ | 15.4 |
2024 | 2.5 |  | 19.3 |
2025 | 1.4 |  | 15.3 |
2026 | 1.2 |  | 10.6 |
2027 | 1.1 |  | 7.3 |
Thereafter (1) | 2.7 |  | 20.4 |
Total future minimum lease payments | $ | 11.3 |  | $ | 88.3 |
_______________ (1) As of March 31, 2023, future minimum lease payments for non-cancelable operating leases for the period subsequent to 2027 relate to twenty leased facilities.
Schedule of Finance Lease Future Minimum Payments | The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2023:
| Finance | Operating
2023 | $ | 2.4 |  | $ | 15.4 |
2024 | 2.5 |  | 19.3 |
2025 | 1.4 |  | 15.3 |
2026 | 1.2 |  | 10.6 |
2027 | 1.1 |  | 7.3 |
Thereafter (1) | 2.7 |  | 20.4 |
Total future minimum lease payments | $ | 11.3 |  | $ | 88.3 |
_______________ (1) As of March 31, 2023, future minimum lease payments for non-cancelable operating leases for the period subsequent to 2027 relate to twenty leased facilities.
Schedule of Sales from Sales-type and Operating Leases | The following table represents sales from sales-type and operating leases:
| Three Months Ended March 31, |  |  |  |
| 2023 |  | 2022 |  |  |  |
Sales-type leases | $ | 12.7 |  |  | $ | 5.3 |  |  |  |  |
Operating leases | 1.2 |  |  | 1.0 |  |  |  |  |
Total sales from leases | $ | 13.9 |  |  | $ | 6.3 |  |  |  |  |
Schedule of Operating Lease, Lease Income | The following table represents sales from sales-type and operating leases:
| Three Months Ended March 31, |  |  |  |
| 2023 |  | 2022 |  |  |  |
Sales-type leases | $ | 12.7 |  |  | $ | 5.3 |  |  |  |  |
Operating leases | 1.2 |  |  | 1.0 |  |  |  |  |
Total sales from leases | $ | 13.9 |  |  | $ | 6.3 |  |  |  |  |
Scheduled Payments for Sales-type Leases | The following table represents scheduled payments for sales-type leases:
| March 31, 2023
2023 | $ | 11.7 |
2024 | 16.9 |
2025 | 16.9 |
2026 | 13.8 |
2027 | 7.4 |
Thereafter | 13.0 |
Total | 79.7 |
Less: unearned income | 12.8 |
Total | $ | 66.9 |
Schedule of Cost of Equipment Leased | The following table represents the cost of equipment leased to others:
| March 31, 2023 |  | December 31, 2022
Equipment leased to others, cost | $ | 19.0 |  |  | $ | 17.3 |
Less: accumulated depreciation | 3.6 |  |  | 3.1 |
Equipment leased to others, net | $ | 15.4 |  |  | $ | 14.2 |
Schedule of Payments Due for Operating Leases | The following table represents payments due for operating leases:
| March 31, 2023
2023 | $ | 0.6 |
2024 | 0.1 |
2025 | 0.1 |
2026 | 0.1 |
2027 | — |
Thereafter | — |
Total | $ | 0.9 |

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919396-209981 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL77927221-108306 + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from sales-type lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL77927221-108306 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 + Details
Name: | us-gaap_SalesTypeLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of sale leaseback transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 40 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123418715&loc=d3e50824-112756 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 40 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123416376&loc=d3e50796-112755 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123389372&loc=d3e36991-112694 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 40 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=128295416&loc=SL77919786-209982 + Details
Name: | us-gaap_ScheduleOfSaleLeasebackTransactionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration