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Leases (Tables)

9 Months Ended

Sep. 29, 2019

The components of lease expense were as follows (in millions of dollars):



		Third Quarter		September Year to Date
Description	Statements of Earnings Location	2019		2019
Operating:
Operating lease cost	Selling, general and administrative expenses	$	6.6	$	20.3
Short-term lease cost	Selling, general and administrative expenses	0.9		2.5
Variable lease cost	Selling, general and administrative expenses	1.7		5.2
Financing:
Amortization of ROU assets	Selling, general and administrative expenses	0.1		0.1
Interest on lease liabilities	Other income (expense), net	0.1		0.1
Total lease cost		$	9.4	$	28.2

Supplemental consolidated balance sheet information related to leases was as follows (in millions of dollars):



Description	Balance Sheet Location	As of Third Quarter-End 2019
ROU Assets:
Operating	Operating lease right-of-use assets	$	62.2
Financing	Property and equipment	2.8
Total lease assets		$	65.0

ROU Liabilities:
Operating - current	Operating lease liabilities, current	$	19.8
Financing - current	Accounts payable and accrued liabilities	0.9
Operating - noncurrent	Operating lease liabilities, noncurrent	45.3
Financing - noncurrent	Other long-term liabilities	1.5
Total lease liabilities		$	67.5

Weighted average remaining lease terms and discount rates for September year to date 2019 was as follows:



	September Year to Date
	2019
Weighted average remaining lease term (years):
Operating leases	3.9
Financing leases	3.7
Weighted average discount rate:
Operating leases	5.8	%
Financing leases	5.1	%

Other information related to leases was as follows (in millions of dollars):



	Third Quarter		September Year to Date
	2019		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6.3	$	19.8
Financing cash flows from financing leases	0.2		0.4

ROU assets obtained in exchange for new lease obligations:
Operating leases	$	2.2	$	6.2
Financing leases	1.1		2.8

Maturities of lease liabilities as of third quarter-end 2019 were as follows (in millions of dollars):

Maturities of lease liabilities as of third quarter-end 2019 were as follows (in millions of dollars):

Maturities of operating leases accounted for under ASC 840 as of year-end 2018 were as follows (in millions of dollars):