Leases

12 Months Ended

Dec. 31, 2024

(13) 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:


Year Ended December 31	2024			2023			2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	119.7		$	132.0		$	127.7
Right-of-use assets obtained in exchange for new operating lease liabilities		82.2			135.6			92.5
Weighted-average remaining lease term – operating leases	5.2 years			5.6 years			5.3 years
Weighted-average discount rate – operating leases		4.0	%		3.8	%		2.9	%


	December 31,		December 31,
Supplemental Balance Sheet Information	2024		2023
Operating lease right-of-use assets	$	361.3	$	414.0

Short-term operating lease liability(a)	$	98.6	$	100.2
Long-term operating lease liability		279.0		323.2
Total operating lease liabilities	$	377.6	$	423.4

(a)

Short-term operating lease liability is included in accrued liabilities on our Consolidated Balance Sheets.

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


Period Ending December 31, 2024	Operating Leases
2025	$	111.5
2026		88.3
2027		66.7
2028		51.4
2029		36.9
Thereafter		65.6
Total future undiscounted lease payments		420.4
Less imputed interest		(42.8	)
Total operating lease liabilities	$	377.6