XML 42 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Leases
9 Months Ended
Sep. 29, 2019
Leases [Abstract]  
Leases
Leases
We have operating leases for buildings, vehicles and certain equipment. The majority of our leases have remaining lease terms of one to nine years, with one building having 54 years remaining.
The components of lease expense were as follows:
 
 
Third Quarter
 
Year-to-date
 
 
In millions
2019
 
2018
 
2019
 
2018
 
 
Operating lease cost
$
1.0

 
$
1.0

 
$
3.2

 
$
2.9

 
None of our leases were classified as finance leases in 2019 or 2018.
16.     Leases (continued)
Supplemental cash flow information related to leases was as follows:
 
 
Third Quarter
 
Year-to-date
 
 
In millions
2019
 
2018
 
2019
2018
 
 
Operating cash flows from operating leases
$
1.0

 
$
1.0

 
$
3.2

$
2.9

 
Supplemental balance sheet information related to leases was as follows:
 
 
September 29,
 
December 31,
 
 
In millions
2019
 
2018
 
 
Operating leases
 
 
 
 
 
Operating lease right-of-use asset
$
15.1

 
$
18.4

 
 
 
 
 
 
 
 
Other current liabilities
3.2

 
3.5

 
 
Other non-current liabilities
12.0

 
14.9

 
 
 
$
15.2

 
$
18.4

 
 
 
 
 
 
 
 
Weighted Average Remaining Lease Term (Years)
3.6

 
3.7

 
 
Weighted Average Discount Rate
4.46
%
 
4.46
%
 

Future maturities of lease liabilities as of September 29, 2019 were as follows:
 
In millions
 
 
2019
 
 
Remainder of 2019
 
 
$
0.9

 
 
2020
 
 
4.1

 
 
2021
 
 
3.3

 
 
2022
 
 
2.1

 
 
2023
 
 
1.4

 
 
2024
 
 
1.1

 
 
Thereafter
 
 
9.2

 
 
Total lease payments
 
 
$
22.1

 
 
Less amount of lease payments representing interest
 
 
(6.9
)
 
 
Total
 
 
$
15.2