Leases

3 Months Ended

Mar. 31, 2024

(14) Leases

The components of lease expense were as follows:

(a)

Other lease expense includes variable lease expense and sublease income.

Other information related to leases was as follows:


	Three Months Ended March 31,
Supplemental Cash Flow Information	2024		2023
Cash paid for amounts included in the measurement of operating lease liabilities	$	30.5	$	33.4
Right-of-use assets obtained in exchange for new operating lease liabilities		21.5		30.7


	March 31,		December 31,
Supplemental Balance Sheet Information	2024		2023
Operating lease ROU assets	$	403.9	$	414.0

Operating lease liabilities - current(a)	$	98.6	$	100.2
Operating lease liabilities - long-term		315.5		323.2
Total operating lease liabilities	$	414.1	$	423.4

(a)

Operating lease liabilities - current are included in accrued expenses on our Consolidated Balance Sheets.


	March 31,
	2024			2023
Weighted Average Remaining Lease Term
Operating leases	5.5 years			5.5 years
Weighted Average Discount Rate
Operating leases		3.9	%		3.2	%

Maturities of operating lease liabilities as of March 31, 2024 were as follows:


Period Ending March 31, 2024	Operating Leases
2024	$	84.5
2025		100.7
2026		78.4
2027		58.7
2028		46.6
2029		34.9
Thereafter		59.7
Total future undiscounted lease payments		463.5
Less imputed interest		(49.4	)
Total operating lease liabilities	$	414.1