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 19 years, which includes our determination to exercise renewal options.



Twelve Months Ended December 31,	2019

Operating lease cost	$	51.4

Finance lease cost:
Amortization of right-to-use assets	$	0.6
Interest on lease liabilities	0.9
Total finance lease cost	$	1.5

Sublease income	$	3.0

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 reduction in the carrying amount of right-of-use assets, the impact of remeasurements, modifications, impairments and abandonments.

Historically, our short-term leases, reflecting leases with a lease term of one year or less, are predominantly comprised of leases with a lease term of one month or less, which are not significant. Operating lease variable cost is primarily comprised of reimbursed actual common area maintenance, property taxes and insurance, which are immaterial.

Supplemental cash flow information related to leases was as follows (in millions):



Twelve Months Ended December 31,	2019

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	47.2
Operating cash flows from finance leases	$	0.9
Financing cash flows from finance leases	$	0.6

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	28.7
Finance leases	$	0.2

Supplemental balance sheet information related to leases was as follows (in millions):



	December 31, 2019

Operating Leases
Operating lease right-of-use assets	$	201.9

Current operating lease liabilities	$	35.4
Operating lease liabilities	176.0
Total operating lease liabilities	$	211.4



	December 31, 2019

Finance Leases
Property, plant and equipment, gross	$	11.4
Less: accumulated depreciation and amortization	(4.2		)
Property, plant and equipment, net	$	7.2

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



	December 31, 2019

Weighted Average Remaining Lease Term
Operating leases - in years	9
Finance leases - in years	18

Weighted Average Discount Rate
Operating leases	4.2	%
Finance leases	6.5	%



Year Ending December 31,	Operating Leases			Finance Leases

2020	$	41.0		$	1.1
2021	35.8			1.3
2022	28.6			1.2
2023	24.5			1.1
2024	21.8			1.1
Thereafter	103.7			15.2
Total lease payments	255.4			21.0
Less imputed interest	(44.0		)	(9.3		)
Total	$	211.4		$	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.

As of December 31, 2019, we have an additional lease for a facility in Texas that has not commenced of $1.6 million. The operating lease will commence in either the second or third quarter of 2020 with a lease term of four years.

Rental expense under operating leases was $47.4 million and $43.6 million in 2018 and 2017, respectively. Leases were principally for facilities and automobiles.

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; and thereafter - $9.9 million.