Leases (Tables)

12 Months Ended

Dec. 31, 2023

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):