XML 524 R27.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
We have operating leases for buildings, vehicles and certain equipment. The Company has applied practical expedients for leases with a fair value of less than $5,000 or a lease term of less than twelve months. The majority of our leases have remaining lease terms of one to seven years, with one building having 51 years remaining.
The components of the lease expense is as follows:
Year to date
In millions202120202019
Operating lease cost$3.4 $3.8 $4.1 
None of our leases were classified as finance leases in any of the years disclosed.
Supplemental cash flow information related to leases was as follows:
Year-to-date
In millions202120202019
Operating cash flows from operating leases$3.4 $3.8 $4.1 
During the year ended December 31, 2021, there were additional operating leases entered into totaling $2.3 million (2020: $0.8 million, 2019: $0.2 million). These are non-cash items but will impact cash in future years.
Supplemental balance sheet information related to leases was as follows:
December 31,December 31,
In millions20212020
Operating leases
Operating lease right-of-use asset$12.6 $9.5 
Other current liabilities3.0 2.9 
Other non-current liabilities9.8 6.7 
$12.8 $9.6 
Weighted Average Remaining Lease Term (Years)17.221.9
Weighted Average Discount Rate4.38 %4.43 %
Maturities of lease liabilities were as follows:
In millions2021
2022$3.0 
20232.6 
20242.2 
20251.9 
20261.0 
Thereafter8.7 
Total lease payments$19.4 
Less imputed interest(6.6)
Total$12.8