XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Lease, Cost
The components of lease expense were as follows (in millions):
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Operating lease cost$17.0 $16.8 $33.0 $34.9 
Finance lease cost:
  Amortization of right-of-use assets$0.1 $0.1 $0.1 $0.2 
  Interest on lease liabilities0.2 0.2 0.3 0.4 
        Total finance lease cost$0.3 $0.3 $0.4 $0.6 
Lessee Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows (in millions):
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Cash paid for amounts included in the measurement of lease liabilities:
  Operating cash flows from operating leases$11.7 $10.5 $22.7 $21.4 
  Operating cash flows from finance leases$0.2 $0.2 $0.3 $0.4 
  Financing cash flows from finance leases$0.1 $0.1 $0.1 $0.2 
Right-of-use assets obtained in exchange for new lease obligations:
  Operating leases$38.0 $3.7 $40.1 $11.2 
Lessee Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in millions):
June 30, 2025December 31, 2024
Operating Leases
  Operating lease right-of-use assets$190.4 $160.5 
  Current operating lease liabilities$39.3 $41.7 
  Operating lease liabilities164.8 131.4 
     Total operating lease liabilities$204.1 $173.1 
Finance leases are included in Property, plant and equipment, net, Current maturities of long-term debt and notes payable, and Long-term debt, net of current maturities.
June 30, 2025December 31, 2024
Finance Leases
  Property, plant and equipment, gross$11.8 $11.7 
  Less: accumulated depreciation and amortization(6.6)(6.1)
      Property, plant and equipment, net$5.2 $5.6 
  Current maturities of long-term debt and notes payable$0.5 $0.4 
  Long-term debt, net of current maturities8.9 9.2 
      Total finance lease liabilities$9.4 $9.6 
June 30, 2025December 31, 2024
Weighted Average Remaining Lease Term
  Operating leases - in years86
  Finance leases - in years1313
Weighted Average Discount Rate
  Operating leases4.7 %4.1 %
  Finance leases6.6 %6.5 %
Maturities Of Lease Liabilities For Operating and Finance Leases
Maturities of lease liabilities were as follows (in millions):
Year Ending December 31,Operating Leases
Finance Leases
2025 (excluding the six months ended June 30, 2025)
$24.3 $0.6 
2026
41.8 1.1 
2027
34.4 1.1 
2028
26.8 1.1 
2029
22.4 1.1 
Thereafter91.7 9.6 
   Total lease payments241.4 14.6 
Less imputed interest(37.3)(5.2)
    Total$204.1 $9.4