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Leases (Tables)
12 Months Ended
Dec. 31, 2022
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,
202220212020
Total operating lease costs (a)
$11.7 $14.9 $13.3 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases7.7 10.7 9.2 
(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)20222021Affected Line Item in Consolidated Balance Sheets
Assets
Operating lease right-of-use assets$24.7 $29.8 Operating lease right-of-use assets
Finance lease right-of-use assets1.9 2.0 Properties and equipment, net
Total lease right-of-use assets$26.6 $31.8 
Liabilities
Current:
Operating leases$6.9 $8.8 Current operating lease liabilities
Finance leases0.7 0.6 Current portion of long-term borrowings and finance lease obligations
Noncurrent:
Operating leases18.5 22.1 Long-term operating lease liabilities
Finance leases1.3 1.5 Long-term borrowings and finance lease obligations
Total lease liabilities$27.4 $33.0 
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:
20222021
Weighted-average remaining lease term of operating leases4.9 years5.1 years
Weighted-average discount rate of operating leases2.5 %2.5 %
Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities as of December 31, 2022 were as follows:
(in millions)
2023$7.5 
20246.1 
20254.3 
20263.3 
20271.7 
Thereafter4.0 
Total lease payments26.9 
Less: Imputed interest1.5 
Present value of operating lease liabilities$25.4