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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease Cost and Other Information
The following table summarizes the Company’s total lease costs and supplemental cash flow information arising from operating lease transactions:
(in millions)For the Years Ended December 31,
202120202019
Total operating lease costs (a)
$14.9 $13.3 $12.6 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases10.7 9.2 8.6 
(a)     Includes short-term leases and variable lease costs.
Lease Assets And Liabilities
The following table summarizes the components of lease right-of-use assets and liabilities:
(in millions)20212020Affected Line Item in Consolidated Balance Sheets
Assets
Operating lease right-of-use assets$29.8 $21.9 Operating lease right-of-use assets
Finance lease right-of-use assets2.0 0.6 Properties and equipment, net
Total lease right-of-use assets$31.8 $22.5 
Liabilities
Current:
Operating leases$8.8 $8.2 Current operating lease liabilities
Finance leases0.6 0.2 Current portion of long-term borrowings and finance lease obligations
Noncurrent:
Operating leases22.1 15.5 Long-term operating lease liabilities
Finance leases1.5 0.4 Long-term borrowings and finance lease obligations
Total lease liabilities$33.0 $24.3 
Weighted-Average Remaining Lease Terms and Discount Rates of Operating Leases
The weighted-average remaining lease terms and discount rates of the Company’s operating leases were as follows:
20212020
Weighted-average remaining lease term of operating leases5.1 years3.3 years
Weighted-average discount rate of operating leases2.5 %3.5 %
Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities as of December 31, 2021 were as follows:
(in millions)
2022$9.5 
20237.3 
20244.8 
20253.2 
20262.6 
Thereafter5.3 
Total lease payments32.7 
Less: Imputed interest1.8 
Present value of operating lease liabilities$30.9