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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Costs Included in the Condensed Consolidated Statements on Comprehensive Income and Cash Paid for Amounts Included in Measurements of Lease Liabilities and the Leased Assets Obtained in Exchange for New Operating and Finance Lease Liabilities
Lease costs included in the Consolidated Statements of Comprehensive Income consisted of the following:
Classification202220212020
Operating lease costs
FixedCost of sales$2.9 $2.3 $1.8 
Selling and administrative expenses22.7 23.1 25.4 
Short-term / variableCost of sales1.3 1.0 0.4 
Selling and administrative expenses1.5 0.7 1.8 
Finance lease costs
AmortizationCost of sales1.2 0.9 0.5 
Selling and administrative, and interest expense2.5 1.9 0.3 
Less: Sublease income
Cost of sales0.0 (0.2)— 
Selling and administrative expenses(0.3)(0.3)(0.1)
Total lease costs$31.9 $29.4 $30.0 
The following table summarizes cash paid for amounts included in the measurements of lease liabilities and the leased assets obtained in exchange for new operating and finance lease liabilities:
202220212020
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating / finance leases$22.6 $24.7 $31.5 
Financing cash flows from finance leases$3.3 $2.7 $0.7 
Leased assets obtained in exchange for new operating / finance lease liabilities$39.2 $49.3 $27.3 
Maturities of Finance Lease Liabilities
Maturity of lease liabilities as of December 31, 2022 is as follows:
Operating Leases (a)Finance Leases (b)Total
2023$22.8 $4.0 $26.8 
202421.3 3.6 24.9 
202520.3 3.2 23.5 
202615.8 1.0 16.8 
202711.4 0.1 11.5 
Thereafter17.6 — 17.6 
Total lease payments109.3 11.9 121.2 
Less: Interest(10.1)(0.5)(10.6)
Present value of lease liabilities$99.2 $11.4 $110.6 

(a)At this time there are no operating lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $62.3 million of legally binding minimum lease payments for operating leases signed but not yet commenced, which are excluded from operating lease liabilities. These amounts primarily relate to a manufacturing facility under construction. See "Note 15. Guarantees, Commitments, and Contingencies" in the Notes to Consolidated Financial Statements for further information.
(b)At this time there are no finance lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $2.4 million of legally binding minimum lease payments for finance leases signed but not yet commenced, which are excluded from finance lease liabilities.
Maturities of Operating Lease Liabilities
Maturity of lease liabilities as of December 31, 2022 is as follows:
Operating Leases (a)Finance Leases (b)Total
2023$22.8 $4.0 $26.8 
202421.3 3.6 24.9 
202520.3 3.2 23.5 
202615.8 1.0 16.8 
202711.4 0.1 11.5 
Thereafter17.6 — 17.6 
Total lease payments109.3 11.9 121.2 
Less: Interest(10.1)(0.5)(10.6)
Present value of lease liabilities$99.2 $11.4 $110.6 

(a)At this time there are no operating lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $62.3 million of legally binding minimum lease payments for operating leases signed but not yet commenced, which are excluded from operating lease liabilities. These amounts primarily relate to a manufacturing facility under construction. See "Note 15. Guarantees, Commitments, and Contingencies" in the Notes to Consolidated Financial Statements for further information.
(b)At this time there are no finance lease options to extend lease terms that are reasonably certain of being exercised. Currently the Corporation has $2.4 million of legally binding minimum lease payments for finance leases signed but not yet commenced, which are excluded from finance lease liabilities.
Weighted Average Lease Terms and Discount Rates, Lessee
The following table summarizes the weighted-average discount rates and weighted-average remaining lease terms for operating and finance leases as of December 31, 2022:
Weighted-Average Discount Rate Weighted-Average Remaining Lease Term
 (years)
Operating leases3.3 %5.6
Finance leases2.6 %3.3