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Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Sales-Type Lease, Revenue
Leasing revenue from sales-type leases is included in services revenues within the consolidated condensed statements of operations, and consists of the selling price and interest income as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Sales-type lease selling price(1)
$6.1 $7.5 $24.6 $21.1 
Cost of underlying assets(3.2)(3.0)(11.9)(8.6)
Operating profit$2.9 $4.5 $12.7 $12.5 
Interest income$1.1 $1.4 $2.9 $3.0 
Leasing revenue attributable to sales-type leases$7.2 $8.9 $27.5 $24.1 
(1) Selling price is equal to the present value of lease payments over the non-cancellable term of the licensing agreement.
Supplemental Balance Sheet Information Related to Leases
Leasing receivables related to the Company’s net investment in sales-type leases are as follows (in millions):
September 30, 2022December 31, 2021
Balance Sheet Location
Leasing receivables, net—short-termOther current assets$14.9 $12.8 
Leasing receivables, net—long-termOther assets49.7 44.1 
Total Leasing receivables$64.6 $56.9 
Supplemental balance sheet information related to leases is as follows (in millions):
Balance Sheet LocationSeptember 30, 2022December 31, 2021
Operating Leases
Right-of-use (“ROU”) assets, netOperating lease ROU assets, net$1,411.5 $1,384.5 
Lease liabilities, short-termOperating lease liabilities, short-term$72.7 $72.3 
Lease liabilities, long-termOperating lease liabilities, long-term$1,428.9 $1,385.4 
Finance Leases
ROU assets, netOther assets$166.1 $129.5 
Lease liabilities, short-termAccounts payable and accrued expenses$1.7 $1.8 
Lease liabilities, long-termOther long-term liabilities $174.0 $132.5 
Supplemental balance sheet information related to DLF obligations is as follows (in millions):
September 30,December 31,
Balance Sheet Location20222021
DLF obligations, short-termAccounts payable and accrued expenses$1.0 $0.9 
DLF obligations, long-termDeemed landlord financing obligations, long-term$577.0 $460.6 
Components of Lease Expense and Other Information Related to Leases
The components of lease expense are as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Operating lease costs$42.3 $41.6 $128.1 $103.0 
Financing lease costs:
Amortization of right-of-use assets1.0 0.8 4.6 2.0 
Interest on lease liabilities2.3 0.2 6.5 0.2 
Total financing lease costs3.3 1.0 11.1 2.2 
Variable lease costs2.3 1.3 7.1 3.9 
Total lease costs$47.9 $43.9 $146.3 $109.1 
Other information related to leases was as follows (in millions):
Nine Months Ended September 30,
Supplemental Cash Flows Information20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$119.8 $95.8 
Operating cash flows from finance leases$5.4 $0.4 
Financing cash flows from finance leases$0.3 $0.5 
Lease liabilities arising from new ROU assets:
Operating leases$37.2 $87.5 
Finance leases$40.7 $11.0 
September 30, 2022December 31, 2021
Weighted average remaining lease term (years):
Operating leases16.814.1
Finance leases35.336.2
Weighted average discount rate:
Operating leases5.5 %5.3 %
Finance leases5.5 %5.3 %
The components of DLF obligation expenses are as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Amortization of DLF obligations$3.7 $1.8 $10.1 $3.5 
Interest on DLF obligations11.7 6.5 32.5 13.7 
Total DLF contract expenses$15.4 $8.3 $42.6 $17.2 
Other information related to DLF leases was as follows (in millions):
Nine Months Ended September 30,
Supplemental Cash Flows Information (in millions)20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from DLF obligations$29.3 $— 
Financing cash flows from DLF obligations$— $14.0 
Lease liabilities arising from new ROU assets:
Operating DLF obligations$113.2 $133.2 

September 30, 2022December 31, 2021
Weighted average remaining lease term (years)38.739.0
Weighted average discount rate8.8 %9.2 %
Future Minimum Operating Lease Obligations
Future minimum lease obligations as of September 30, 2022 were as follows (in millions):
Operating LeasesFinance Leases
Remainder of 2022$37.2 $2.2 
2023148.3 10.1 
2024147.7 10.1 
2025144.4 9.8 
2026141.7 9.8 
Thereafter1,821.8 404.8 
Total future lease payments2,441.1 446.8 
Less: imputed interest939.5 271.1 
Total$1,501.6 $175.7 
Future Minimum Financing Lease Obligations
Future minimum lease obligations as of September 30, 2022 were as follows (in millions):
Operating LeasesFinance Leases
Remainder of 2022$37.2 $2.2 
2023148.3 10.1 
2024147.7 10.1 
2025144.4 9.8 
2026141.7 9.8 
Thereafter1,821.8 404.8 
Total future lease payments2,441.1 446.8 
Less: imputed interest939.5 271.1 
Total$1,501.6 $175.7 
Future minimum financing obligations related to DLF obligations as of September 30, 2022 were as follows (in millions):
Remainder of 2022$10.9 
202345.2 
202448.1 
202548.4 
202649.3 
Thereafter2,347.5 
Total future lease payments2,549.4 
Less: imputed interest1,971.4 
Total$578.0