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Leases | 6 Months Ended
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Jun. 30, 2024
Leases [Abstract] |
Leases | (14) Leases The components of lease expense were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease expense |  | $ | 32.2 |  |  | $ | 36.6 |  |  | $ | 65.3 |  |  | $ | 71.3 |
Short-term lease expense |  |  | 2.1 |  |  |  | 1.5 |  |  |  | 2.5 |  |  |  | 2.6 |
Other lease expense(a) |  |  | 1.2 |  |  |  | 3.7 |  |  |  | 3.3 |  |  |  | 7.8 |
Total lease expense |  | $ | 35.5 |  |  | $ | 41.8 |  |  | $ | 71.1 |  |  | $ | 81.7 |
(a) Other lease expense includes variable lease expense and sublease income. Other information related to leases was as follows:
|  | Six Months Ended June 30, |
Supplemental Cash Flow Information |  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 60.1 |  |  | $ | 67.9 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 27.8 |  |  |  | 73.1 |
|  | June 30, |  |  | December 31, |
Supplemental Balance Sheet Information |  | 2024 |  |  | 2023 |
Operating lease ROU assets |  | $ | 381.5 |  |  | $ | 414.0 |
Short-term operating lease liability (a) |  | $ | 98.0 |  |  | $ | 100.2 |
Long-term operating lease liability |  |  | 294.8 |  |  |  | 323.2 |
Total operating lease liabilities |  | $ | 392.8 |  |  | $ | 423.4 |
(a) Short-term operating lease liability is included in accrued liabilities on our Consolidated Balance Sheets.
|  | June 30, |
|  | 2024 |  |  | 2023 |
Weighted Average Remaining Lease Term |  |  |  |  |  |
Operating leases |  | 5.4 years |  |  | 5.6 years |
Weighted Average Discount Rate |  |  |  |  |  |
Operating leases |  |  | 3.9 | % |  |  | 3.4 | %
Maturities of operating lease liabilities as of June 30, 2024 were as follows:
Period Ending June 30, 2024 |  | Operating Leases |
2024 |  | $ | 57.6 |
2025 |  |  | 101.9 |
2026 |  |  | 79.7 |
2027 |  |  | 59.2 |
2028 |  |  | 46.2 |
2029 |  |  | 33.9 |
Thereafter |  |  | 60.0 |
Total future undiscounted lease payments |  |  | 438.5 |
Less imputed interest |  |  | (45.7 | )
Total operating lease liabilities |  | $ | 392.8 |

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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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