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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Other information related to leases as of June 30, 2019:



	Operating Leases			Finance Leases
Weighted-average remaining lease term (years)	6.4			5.5
Weighted-average discount rate	6.0		%	2.7		%
Cash paid for amounts included in the measurement of lease liabilities (in millions):
Operating cash flows from finance leases	$	—		$	0.3
Operating cash flows from operating leases	26.5			—
Financing cash flows from finance leases	—			1.8
Right of use assets obtained in exchange for new operating lease liability (noncash in millions)	15.8			—
Right of use assets obtained in exchange for new financing lease liability (noncash in millions)	—			4.0

For the quarter ended June 30, 2019, we recognized the following related to our lease arrangements (in millions):



	For the Three Months Ended			For the Six Months Ended
	June 30, 2019			June 30, 2019
Finance lease cost:
Amortization of right-of-use assets	$	1.1		$	2.4
Interest on lease liabilities	0.2			0.4
Operating lease cost	13.4			26.5
Short-term lease cost	5.0			9.5
Variable lease cost	(1.3		)	2.3
Sublease income	(2.5		)	(5.0		)
Total lease cost	$	15.9		$	36.1

As of June 30, 2019, our remaining lease payments were as follows (in millions):



	Operating Leases		Finance Leases
2019 (excluding the six months ended June 30, 2019)	$	25.5	$	2.1
2020	40.5		4.1
2021	32.2		3.2
2022	25.6		2.8
2023	20.7		2.2
Thereafter	61.0		3.2
Total remaining lease payments (undiscounted)	205.5		17.6
Less: imputed interest	36.8		1.6
Present value of lease liabilities	$	168.7	$	16.0

As of June 30, 2019, our remaining lease payments were as follows (in millions):



	Operating Leases		Finance Leases
2019 (excluding the six months ended June 30, 2019)	$	25.5	$	2.1
2020	40.5		4.1
2021	32.2		3.2
2022	25.6		2.8
2023	20.7		2.2
Thereafter	61.0		3.2
Total remaining lease payments (undiscounted)	205.5		17.6
Less: imputed interest	36.8		1.6
Present value of lease liabilities	$	168.7	$	16.0

As of December 31, 2018, our future minimum lease payments under noncancelable operating leases were as follows (in millions):

Supplemental balance sheet information related to leases (in millions):



	Classification	As of June 30, 2019
Assets
Operating Lease Assets	Identifiable intangible and other non-current assets	$	161.9
Finance Lease Assets	Property and equipment, net	15.5

Liabilities
Operating Lease Liability - Current	Accrued expenses and other current liabilities	33.4
Operating Lease Liability - Long Term	Other long-term liabilities	135.3
Finance Lease Liability - Current	Current maturities of long-term debt and capital leases	3.7
Finance Lease Liability - Long Term	Long-term debt	12.3