Operating Leases (Tables)

3 Months Ended

Mar. 31, 2019

Operating lease charge. The following table summarizes the operating lease charge for the three months ended March 31, 2019:



	For the Three Months Ended
	March 31, 2019
	($ in millions)
Amortization charge on Right-of-use operating leased assets	$	3.3
Interest on operating lease liabilities	$	1.2
Operating lease charge	$	4.5

Lessee, Operating Lease, Liability

Lease Liabilities. The following table summarizes the maturity of lease liabilities under non-cancellable leases as of March 31, 2019:



	March 31, 2019
	($ in millions)
Operating leases - maturities
2019	$	12.9
2020	$	14.2
2021	$	11.8
2022	$	9.4
2023	$	8.9
Later years	$	64.5
Total minimum lease payments	$	121.7
Less imputed interest	$	(27.8	)
Total lease liabilities	$	93.9

Summary of Other Lease Information

Other lease information. The following table summarizes the cash flows on operating leases for the three months ended March 31, 2019 and other supplemental information:



	For the Three Months Ended
	March 31, 2019
	($ in millions)
Cash paid for amounts included in the measurement of lease liabilities
- Operating cash outflow from operating leases	$	(4.5	)

Right-of-use assets obtained in exchange for lease obligations
- Operating leases	$	3.1

Reduction to Right-of-use assets resulting from reductions to lease obligations
- Operating leases	$	1.2

Weighted Averages
- Operating leases, remaining lease terms (years)	10.5
- Operating leases, average discount rate	5.0		%