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Leases | 12 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
Lessee, Operating Leases | Leases We lease property, software, automobiles, trucks and trailers pursuant to operating lease agreements. We also lease furniture, fixtures and equipment under finance leases. Our leases have varying remaining lease terms with leases expiring through 2034, some of which include options to extend the leases. The components of lease expense were as follows (in millions):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Operating lease cost | $ | 15.9 |  |  | $ | 17.7 |  |  | $ | 18.6 |
Finance lease cost: |  |  |  |  |
Amortization of right-of-use assets | $ | 1.3 |  |  | $ | 2.9 |  |  | $ | 7.4 |
Interest on lease liabilities | 0.1 |  |  | 0.3 |  |  | 0.6 |
Total finance lease cost | $ | 1.4 |  |  | $ | 3.2 |  |  | $ | 8.0 |
Supplemental cash flow information related to leases was as follows (in millions):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows related to operating leases | $ | 15.9 |  |  | $ | 17.5 |  |  | $ | 18.2 |
Operating cash flows related to finance leases | 0.1 |  |  | 0.3 |  |  | 0.6 |
Financing cash flows related to finance leases | 1.9 |  |  | 3.9 |  |  | 5.6 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | 1.4 |  |  | 4.0 |  |  | 6.7 |
Finance leases | — |  |  | — |  |  | 3.7 |
Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):
| December 31,
| 2023 |  | 2022
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 75.9 |  |  | $ | 84.8 |
Other accrued expenses | $ | 11.0 |  |  | $ | 10.5 |
Operating lease liabilities | 70.4 |  |  | 79.7 |
Total operating lease liabilities | $ | 81.4 |  |  | $ | 90.2 |
Finance Leases |  |  |
Property and equipment, gross | $ | 37.6 |  |  | $ | 48.6 |
Accumulated depreciation | (37.3) |  |  | (47.1) |
Property and equipment, net | $ | 0.3 |  |  | $ | 1.5 |
Other accrued expenses | $ | 0.9 |  |  | $ | 1.9 |
Other liabilities | — |  |  | 0.9 |
Total finance lease liabilities | $ | 0.9 |  |  | $ | 2.8 |
Weighted Average Remaining Lease Term |  |  |
Operating leases | 8.3 years |  | 9.0 years
Finance leases | 1.0 year |  | 1.6 years
Weighted Average Discount Rate |  |  |
Operating leases | 5.9 | % |  | 5.9 | %
Finance leases | 4.0 | % |  | 4.4 | %
Maturities of lease liabilities as of December 31, 2023 were as follows (in millions):
| Operating Leases |  | Finance Leases
2024 | $ | 15.4 |  |  | $ | 0.9 |
2025 | 14.7 |  |  | — |
2026 | 11.6 |  |  | — |
2027 | 10.8 |  |  | — |
2028 | 9.2 |  |  | — |
Thereafter | 42.0 |  |  | — |
Total lease payments | 103.7 |  |  | 0.9 |
Less imputed interest | (22.3) |  |  | — |
Total | $ | 81.4 |  |  | $ | 0.9 |
Lessee, Finance Leases | Leases We lease property, software, automobiles, trucks and trailers pursuant to operating lease agreements. We also lease furniture, fixtures and equipment under finance leases. Our leases have varying remaining lease terms with leases expiring through 2034, some of which include options to extend the leases. The components of lease expense were as follows (in millions):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Operating lease cost | $ | 15.9 |  |  | $ | 17.7 |  |  | $ | 18.6 |
Finance lease cost: |  |  |  |  |
Amortization of right-of-use assets | $ | 1.3 |  |  | $ | 2.9 |  |  | $ | 7.4 |
Interest on lease liabilities | 0.1 |  |  | 0.3 |  |  | 0.6 |
Total finance lease cost | $ | 1.4 |  |  | $ | 3.2 |  |  | $ | 8.0 |
Supplemental cash flow information related to leases was as follows (in millions):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows related to operating leases | $ | 15.9 |  |  | $ | 17.5 |  |  | $ | 18.2 |
Operating cash flows related to finance leases | 0.1 |  |  | 0.3 |  |  | 0.6 |
Financing cash flows related to finance leases | 1.9 |  |  | 3.9 |  |  | 5.6 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | 1.4 |  |  | 4.0 |  |  | 6.7 |
Finance leases | — |  |  | — |  |  | 3.7 |
Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):
| December 31,
| 2023 |  | 2022
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 75.9 |  |  | $ | 84.8 |
Other accrued expenses | $ | 11.0 |  |  | $ | 10.5 |
Operating lease liabilities | 70.4 |  |  | 79.7 |
Total operating lease liabilities | $ | 81.4 |  |  | $ | 90.2 |
Finance Leases |  |  |
Property and equipment, gross | $ | 37.6 |  |  | $ | 48.6 |
Accumulated depreciation | (37.3) |  |  | (47.1) |
Property and equipment, net | $ | 0.3 |  |  | $ | 1.5 |
Other accrued expenses | $ | 0.9 |  |  | $ | 1.9 |
Other liabilities | — |  |  | 0.9 |
Total finance lease liabilities | $ | 0.9 |  |  | $ | 2.8 |
Weighted Average Remaining Lease Term |  |  |
Operating leases | 8.3 years |  | 9.0 years
Finance leases | 1.0 year |  | 1.6 years
Weighted Average Discount Rate |  |  |
Operating leases | 5.9 | % |  | 5.9 | %
Finance leases | 4.0 | % |  | 4.4 | %
Maturities of lease liabilities as of December 31, 2023 were as follows (in millions):
| Operating Leases |  | Finance Leases
2024 | $ | 15.4 |  |  | $ | 0.9 |
2025 | 14.7 |  |  | — |
2026 | 11.6 |  |  | — |
2027 | 10.8 |  |  | — |
2028 | 9.2 |  |  | — |
Thereafter | 42.0 |  |  | — |
Total lease payments | 103.7 |  |  | 0.9 |
Less imputed interest | (22.3) |  |  | — |
Total | $ | 81.4 |  |  | $ | 0.9 |

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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