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Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease-Related Liabilities Recorded on the Balance Sheet
The table below presents the lease-related liabilities and finance lease ROU assets recorded on the Consolidated Balance Sheets:
(Dollars in millions)December 31, 2021December 31, 2020
Operating lease liabilities:
Current portion included in accrued liabilities$49.0 $30.8 
Noncurrent operating lease liabilities361.7 246.7 
Total operating lease liabilities410.7 277.5 
Finance lease liabilities:
Current portion included in current maturities of long-term debt16.3 6.0 
Long-term portion of lease liabilities in long-term debt37.3 240.4 
Total finance lease liabilities53.6 246.4 
Total lease liabilities$464.3 $523.9 
Finance lease right-of-use assets:
Total finance lease right-of-use assets 1
$58.7 $253.9 
Weighted-average remaining lease term:
Operating leases8 years5 years
Finance leases11 years12 years
Weighted-average discount rate:
Operating leases4.12 %4.69 %
Finance leases2.42 %4.12 %
1 Finance lease right-of-use assets included in property and equipment, net of accumulated depreciation.
Schedule of Lease Costs
The components of lease costs, which were included in selling, general and administrative in our Consolidated Statements of Operations, were as follows:
Year Ended December 31,Year Ended December 31,
(Dollars in millions)20212020
Operating lease cost 1
$53.1 $41.6 
Variable lease cost 2
3.5 3.1 
Amortization of finance lease right-of-use assets5.9 4.5 
Interest on finance lease liabilities4.2 3.4 
Sublease income(6.4)(4.9)
Total lease costs$60.3 $47.7 
1 Includes short-term and month-to-month lease costs, which are immaterial.
2 Variable lease cost generally includes reimbursement for actual costs incurred by our lessors for common area maintenance, property taxes and insurance on leased real estate.
Schedule of Maturities of Operating Lease Liabilities
As of December 31, 2021, the maturities of our operating and finance lease liabilities were as follows:
(Dollars in millions)Operating Lease LiabilitiesFinance Lease Liabilities
Year Ending December 31,
2021$60.5 $18.3 
202254.13.6
202347.89.2
202444.72.9
202540.62.9
Thereafter256.129.9
Total minimum lease payments503.866.8
Less:
Present value adjustment(93.1)(13.2)
Total lease liabilities$410.7 $53.6 
Schedule of Maturities of Finance Lease Liabilities
As of December 31, 2021, the maturities of our operating and finance lease liabilities were as follows:
(Dollars in millions)Operating Lease LiabilitiesFinance Lease Liabilities
Year Ending December 31,
2021$60.5 $18.3 
202254.13.6
202347.89.2
202444.72.9
202540.62.9
Thereafter256.129.9
Total minimum lease payments503.866.8
Less:
Present value adjustment(93.1)(13.2)
Total lease liabilities$410.7 $53.6