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Leases (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Summary of Lease Payments Captured in Lease Receivable | All lease payments are primarily fixed in nature and therefore captured in the lease receivable. Our lease receivable balance at March 31, 2019 was:
(in millions) |  | Short-Term (12 months or less) |  | Long-Term |  | Total
Total lease receivable (Sales-type and Operating) |  | $ | 3.6 |  |  | $ | 8.7 |  |  | $ | 12.3 |
Assets And Liabilities, Lessee | The following table details our lease obligations included in our Condensed Consolidated Balance Sheets.
(in millions) |  | March 31, 2019
Other non-current assets: |  |
Finance leases - ROU assets |  | $ | 41.2 |
Finance leases - Accumulated depreciation |  | (9.5 | )
Operating leases - ROU assets |  | 85.5 |
Operating leases - Accumulated depreciation |  | (9.0 | )
Total lease assets |  | $ | 108.2 |
Current portion of long-term debt: |  |
Finance leases |  | $ | (7.0 | )
Operating leases |  | (23.2 | )
Long-term debt, less current portion: |  |
Finance leases |  | (26.8 | )
Operating leases |  | (55.2 | )
Total lease liabilities |  | $ | (112.2 | )
Finance Lease, Future Minimum Annual Rental Commitments | At March 31, 2019, estimated future minimum annual rental commitments under non-cancelable real and personal property leases were as follows:
(in millions) |  | Operating leases |  | Finance leases
Remainder of 2019 |  | $ | 21.2 |  |  | $ | 6.7 |
2020 |  | 21.4 |  |  | 7.8 |
2021 |  | 15.5 |  |  | 6.1 |
2022 |  | 10.5 |  |  | 4.1 |
2023 |  | 7.2 |  |  | 2.7 |
Thereafter |  | 16.9 |  |  | 15.1 |
Total lease payments |  | 92.7 |  |  | 42.5 |
Less: Interest |  | (14.3 | ) |  | (8.7 | )
Present value of lease liabilities |  | $ | 78.4 |  |  | $ | 33.8 |
Operating Lease, Future Minimum Annual Rental Commitments | At March 31, 2019, estimated future minimum annual rental commitments under non-cancelable real and personal property leases were as follows:
(in millions) |  | Operating leases |  | Finance leases
Remainder of 2019 |  | $ | 21.2 |  |  | $ | 6.7 |
2020 |  | 21.4 |  |  | 7.8 |
2021 |  | 15.5 |  |  | 6.1 |
2022 |  | 10.5 |  |  | 4.1 |
2023 |  | 7.2 |  |  | 2.7 |
Thereafter |  | 16.9 |  |  | 15.1 |
Total lease payments |  | 92.7 |  |  | 42.5 |
Less: Interest |  | (14.3 | ) |  | (8.7 | )
Present value of lease liabilities |  | $ | 78.4 |  |  | $ | 33.8 |
Schedule of Lease Costs and Other Information | The following lease cost is included in our Condensed Consolidated Statements of Operations:
(in millions) |  | Three Months Ended March 31, 2019
Lease cost |  |
Finance leases |  |
Amortization of ROU assets |  | $ | 2.1 |
Interest on lease liabilities |  | 0.5 |
Operating leases |  | 8.4 |
Short-term lease cost |  | 0.9 |
Variable lease cost |  | 1.0 |
Total lease cost |  | $ | 12.9 |
(in millions) |  | Three Months Ended March 31, 2019
Other information: |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating cash flows from finance leases |  | $ | 0.5 |
Operating cash flows from operating leases |  | $ | 8.6 |
Financing cash flows from finance leases |  | $ | 2.3 |
ROU assets obtained in exchange for new finance lease liabilities |  | $ | 5.4 |
ROU assets obtained in exchange for new operating lease liabilities |  | $ | 3.8 |
Weighted average information: |  |
Finance leases |  |
Remaining lease term (in years) |  | 7.8 |
Discount rate |  | 5.5 | %
Operating leases |  |
Remaining lease term (in years) |  | 5.1 |
Discount rate |  | 5.6 | %

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