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Leases (Notes) | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Leases |
13. | Leases
We lease facilities, vehicles and equipment under the operating lease agreements, which include both monthly and longer-term arrangements. Certain operating leases for vehicles contain residual value guarantee provisions, which would become due at the expiration of the operating lease agreement if the fair value of the leased vehicles is less than the guaranteed residual value. As of March 31, 2019, of those leases that contain residual value guarantees, the aggregate residual value at lease expiration was $13.6 million, of which we have guaranteed $7.6 million. As of March 31, 2019, we have recorded a liability for the estimated end of term loss related to this residual value guarantee of $0.3 million for certain vehicles within our fleet. The lease assets and liabilities at March 31, 2019 are as follows:
|  | Three Months Ended
|  | March 31,
Leases | Classification | 2019
Assets |  |
Operating lease assets | Operating Lease Assets | $ | 40.7 |
Finance lease assets | Property, Plant and Equipment(a) | 0.4 |
Total leased assets |  | $ | 41.1 |
Liabilities |  |
Current |  |
Operating | Other Current Liabilities | $ | 16.5 |
Finance | Current Portion of Long-term Debt | 0.3 |
Noncurrent |  |
Operating | Long-term Operating Lease Liabilities | 24.7 |
Finance | Long-term Debt | 0.1 |
Total lease liabilities |  | $ | 41.6 |
(a) Finance lease assets are recorded net of accumulated amortization of $0.6 million as of March 31, 2019. The lease cost for the three months ended March 31, 2019 and 2018 was as follows:
|  | Three Months Ended
|  | March 31
Lease Cost |  | 2019 |  | 2018
Operating lease cost | (a) | $ | 5.5 |  |  | $ | 5.5 |
Finance lease cost(b) |  | 0.1 |  |  | — |
Net lease cost |  | $ | 5.6 |  |  | $ | 5.5 |
(a) | Includes short-term lease costs of $0.7 million and variable lease costs of $0.6 million for the three months ended March 31, 2019.
(b) Includes amortization of leased assets and interest on lease liabilities. The maturity of lease liabilities at March 31, 2019 was as follows:
Maturity of Lease Liabilities | Operating Leases |  | Finance Leases |  | Total |
Remaining 2019 | $ | 13.8 |  | $ | 0.2 |  | $ | 14.0 |
2020 | 12.3 |  | 0.2 |  | 12.5 |
2021 | 7.3 |  | — |  | 7.3 |
2022 | 3.7 |  | — |  | 3.7 |
2023 | 2.6 |  | — |  | 2.6 |
Thereafter | 4.2 |  | — |  | 4.2 |
Total lease payments | $ | 43.9 |  | $ | 0.4 |  | $ | 44.3 |
Less: Interest | (2.7 | ) | — |  | (2.7 | )
Present value of lease liabilities | $ | 41.2 |  | $ | 0.4 |  | $ | 41.6 |
The minimum rentals for aggregate lease commitments as of March 31, 2018 were as follows:
| Operating Leases |  | Finance Leases |  | Total |
Remaining 2018 | $ | 12.3 |  | $ | 0.3 |  | $ | 12.6 |
2019 | 11.4 |  | 0.3 |  | 11.7 |
2020 | 6.9 |  | 0.2 |  | 7.1 |
2021 | 3.9 |  | — |  | 3.9 |
2022 | 2.2 |  | — |  | 2.2 |
Thereafter | 3.5 |  | — |  | 3.5 |
Total | $ | 40.2 |  | $ | 0.8 |  | $ | 41.0 |
The lease term and discount rate at March 31, 2019 were as follows:
| March 31,
Lease Term and Discount Rate | 2019
Weighted-average remaining lease term (years) |
Operating leases | 3.7 |
Finance leases | 1.7 |
Weighted-average discount rate |
Operating leases | 3.0 | %
Finance leases | 2.5 | %
Other information related to cash paid related to lease liabilities and lease assets obtained for the three months ended March 31, 2019 was as follows:
| Three Months Ended
| March 31,
Other Information | 2019
Cash paid for amounts included in the measurement of lease liabilities |
Operating cash flows from finance leases | $ | — |
Operating cash flows from operating leases | 5.7 |
Financing cash flows from finance leases | 0.1 |
Lease assets obtained in exchange for new finance lease liabilities | — |
Lease assets obtained in exchange for new operating lease liabilities | 2.2 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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