The Company has various operating leases for real estate and non-real estate items. The non-real estate leases are mainly comprised of automobiles but also include office equipment and other lower-valued items. The Company does not have any finance leases. As most of the Company’s leases do not provide an implicit rate, an incremental borrowing rate is used based

on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date.

Some of the Company’s real estate lease agreements include Company options to either extend and/or terminate the lease. The cost of these options is included in our operating lease liabilities to the extent that such options are reasonably certain of being exercised. Leases with renewal options allow the Company to extend the lease term typically between 1 to 10 years. When determining the lease term, renewal options reasonably certain of being exercised are included in the lease term. When determining if a renewal option is reasonably certain of being exercised, the Company considers several economic factors, including but not limited to, the significance of leasehold improvements made to the property, whether the physical space is difficult to replace, underlying contractual obligations, and specific characteristics unique to that particular lease that would make it reasonably certain that the Company would exercise such an option.

The Company has existing leases that include variable lease and non-lease components that are not included in the right-of-use asset and lease liability and are reflected as expenses in the periods incurred. Such payments primarily include common area maintenance charges and increases in rent payments that are driven by factors such as future changes in an index (e.g., the Consumer Price Index).

	Three Months Ended September 30,
	2021		2020
Lease cost:
Operating lease cost⁽¹⁾	$	6.6	$	7.2
Short-term lease		1.2		1.4
Total lease cost	$	7.8	$	8.6

	Nine Months Ended September 30,
	2021		2020
Lease cost:
Operating lease cost⁽¹⁾	$	20.7	$	22.1
Short-term lease		3.4		3.7
Total lease cost	$	24.1	$	25.8

The weighted average discount rate and the weighted average remaining lease term were 2.9% and 14.4 years, respectively, as of September 30, 2021. The weighted average discount rate and weighted average remaining lease term were 3.0% and 15.0 years, respectively, as of September 30, 2020. Operating cash flows used for operating leases for the nine months ended September 30, 2021 and 2020 were $11.6 and $15.4, respectively. Operating cash flows used for operating leases for the nine months ended September 30, 2021 of $11.6 was net of $5.0 in tenant improvement allowance receipts.

Future lease payments under non-cancelable leases as of September 30, 2021 are detailed as follows:

2021 (remaining)	$	4.8
2022		24.1
2023		21.0
2024		19.5
2025		18.1
Thereafter		172.3
Total lease payments		259.8
Less: imputed interest		49.5
Total operating lease liabilities	$	210.3

The remaining 2021 lease payment amount of $4.8 is net of tenant improvement allowances of $1.3. Amounts presented above do not include payments relating to immaterial leases excluded from the balance sheet as these operating leases had terms of less than twelve months.