XML 55 R21.htm IDEA: XBRL DOCUMENT
v3.19.3

14. Leases (Notes) | 9 Months Ended
--- | ---
Sep. 30, 2019
14. Leases [Abstract] |
Leases of Lessee Disclosure [Text Block] | 14. LEASES We have operating leases and to a lesser extent finance leases, for buildings, vehicles and equipment. Our leases have remaining lease terms of 1 year to 20 years, which includes our determination to exercise renewal options. The components of lease expense were as follows (in millions):
| Three Months Ended | Nine Months Ended
| September 30, | September 30,
| 2019 | 2019
Operating lease cost | $ | 14.2 |  | $ | 38.7 |
Finance lease cost: |  |
Amortization of right-of-use assets | $ | 0.1 |  | $ | 0.5 |
Interest on lease liabilities | 0.2 |  | 0.7 |
Total finance lease cost | $ | 0.3 |  | $ | 1.2 |
Sublease income | $ | 0.7 |  | $ | 2.2 |
The sublease is for a building with a term that ends in 2025, with no options to extend or renew. Operating lease cost includes original right-of-use asset amortization, the impact of remeasurements, modifications, impairments and abandonments. Supplemental cash flow information related to leases was as follows (in millions):
| Three Months Ended | Nine Months Ended
| September 30, | September 30,
| 2019 | 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating cash flows from operating leases | $ | 11.6 |  | $ | 34.5 |
Operating cash flows from finance leases | $ | 0.2 |  | $ | 0.7 |
Financing cash flows from finance leases | $ | 0.1 |  | $ | 0.5 |
Right-of-use assets obtained in exchange for lease obligations: |  |
Operating leases | $ | 14.4 |  | $ | 20.2 |
Finance leases | $ | 0.1 |  | $ | 0.1 |
Supplemental balance sheet information related to leases was as follows (in millions):
| September 30, 2019
Operating Leases |
Operating lease right-of-use assets | $ | 217.5 |
Current operating lease liabilities | $ | 33.7 |
Operating lease liabilities | 192.6 |
Total operating lease liabilities | $ | 226.3 |
| September 30, 2019
Finance Leases |
Property, plant and equipment, gross | $ | 11.4 |
Less: accumulated depreciation and amortization | (4.0 | )
Property, plant and equipment, net | $ | 7.4 |
Current maturities of long-term debt and notes payable | $ | 0.5 |
Long-term debt, net of current maturities | 11.2 |
Total finance lease liabilities | $ | 11.7 |
| September 30, 2019
Weighted Average Remaining Lease Term |
Operating leases - in years | 9 |
Finance leases - in years | 18 |
Weighted Average Discount Rate |
Operating leases | 4.3 | %
Finance leases | 6.5 | %
Maturities of lease liabilities were as follows (in millions):
Year Ending December 31, | Operating Leases |  | Finance Leases
2019 (excluding the nine months ended September 30, 2019) | $ | 11.1 |  |  | $ | 1.2 |
2020 | 41.0 |  |  | 1.3 |
2021 | 35.4 |  |  | 1.2 |
2022 | 27.9 |  |  | 1.1 |
2023 | 24.3 |  |  | 1.1 |
Thereafter | 141.3 |  |  | 15.4 |
Total lease payments | 281.0 |  |  | 21.3 |
Less imputed interest | (54.7 | ) |  | (9.6 | )
Total | $ | 226.3 |  |  | $ | 11.7 |
The value of our operating lease portfolio is principally for facilities with longer durations than the lesser value vehicles and other equipment with shorter terms and higher-turn over. Operating and Capital Lease Commitments Under ASC 840, Leases Annual future minimum lease payments at December 31, 2018 under operating leases were as follows: 2019 - $44.4 million; 2020 - $37.8 million; 2021 - $27.4 million; 2022 - $19.7 million; 2023 - $13.9 million; and 2024 and beyond - $25.6 million. The total minimum rentals to be received in the future for the sublease as of December 31, 2018 were $17.8 million and ends in 2025. Maturities of our capital lease obligations at December 31, 2018 were as follows: 2019 - $0.5 million; 2020 - $0.2 million; 2021 - $0.5 million; 2022 - $0.4 million; 2023 - $0.4 million; thereafter - $9.9 million.

X
- Definition 14. Leases [Abstract] + References No definition available. + Details
Name: | bio_A14.LeasesAbstract
Namespace Prefix: | bio_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
Name: | us-gaap_LeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration