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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Lease, Cost The components of lease expense consist of the following (in millions):
Year Ended December 31,
Classification20222021
Operating lease cost(a)
Direct operating$140.7 $115.0 
Finance lease cost:
Amortization of ROU assetsDepreciation and amortization22.0 14.5 
Interest on lease liabilitiesInterest expense, net1.6 1.3 
Sublease incomeEquipment rental revenue(84.4)(72.5)
Net lease cost$79.9 $58.3 
(a) Includes short-term leases of $72.5 million and $58.6 million for the year ended December 31, 2022 and December 31, 2021, respectively, and variable lease costs of $2.8 million and $5.1 million for the year ended December 31, 2022 and December 31, 2021, respectively.
Schedule of Assets and Liabilities Leases
Balance sheet information related to leases consists of the following (in millions):
ClassificationDecember 31, 2022December 31, 2021
Assets
Operating lease ROU assetsRight-of-use assets$552.0 $413.7 
Finance lease ROU assets
Property and equipment, net(a)
63.5 52.0 
Total leased assets$615.5 $465.7 
Liabilities
Current
OperatingCurrent maturities of operating lease liabilities$41.9 $38.7 
FinanceCurrent maturities of long-term debt and financing obligations12.1 11.4 
Non-current
OperatingOperating lease liabilities527.7 387.4 
FinanceLong-term debt, net52.4 41.2 
Total lease liabilities$634.1 $478.7 
(a) Finance lease right-of-use assets are recorded net of accumulated amortization of $36.0 million and $30.8 million for the year ended December 31, 2022 and December 31, 2021, respectively.
Years Ended December 31,
20222021
Weighted average remaining lease term:
Operating leases15.714.0
Finance leases5.55.4
Weighted average discount rate:
Operating leases3.29 %2.94 %
Finance leases3.35 %2.78 %
Summary of Other Lease Information
Cash flow information related to leases consists of the following (in millions):
Years Ended December 31,
20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$45.8 $39.7 
Operating cash flows from finance leases1.6 1.3 
Financing cash flows from finance leases11.6 9.6 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases238.9 268.5 
Finance leases24.1 22.5 
Schedule of Lessee, Operating Lease, Liability, Maturity
Maturities of lease liabilities are as follows (in millions):
Operating LeasesFinance Leases
2023$59.3 $14.0 
202461.8 13.3 
202555.8 13.1 
202652.9 11.7 
202749.0 7.2 
Thereafter468.2 11.6 
Total lease payments747.0 70.9 
Less: Interest(177.4)(6.4)
Present value of lease liabilities$569.6 $64.5 
Schedule of Finance Lease, Liability, Maturity
Maturities of lease liabilities are as follows (in millions):
Operating LeasesFinance Leases
2023$59.3 $14.0 
202461.8 13.3 
202555.8 13.1 
202652.9 11.7 
202749.0 7.2 
Thereafter468.2 11.6 
Total lease payments747.0 70.9 
Less: Interest(177.4)(6.4)
Present value of lease liabilities$569.6 $64.5