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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Lease Expense
The components of the lease expense is as follows:
Years ended December 31,
In millions202320222021
Operating lease cost$4.6 $4.2 $3.4 
Supplemental cash flow information related to leases was as follows:
Years ended December 31,
In millions202320222021
Operating cash flows from operating leases$4.6 $4.2 $3.4 
During the year ended December 31, 2023, there were additional operating leases entered into totaling $0.5 million (2022: $17.7 million, 2021: $2.3 million). There was also a $1.6 million impairment recognized in 2023 in relation to the Graphic Arts segment. 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 millions20232022
Operating leases
Operating lease right-of-use asset$15.4 $19.8 
Other current liabilities4.7 4.7 
Other non-current liabilities15.0 18.2 
$19.7 $22.9 
Weighted Average Remaining Lease Term (Years)11.912.0
Weighted Average Discount Rate4.48 %4.48 %
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows:
In millions2023
2024$5.4 
20255.1 
20264.1 
20271.5 
20281.2 
Thereafter8.7 
Total lease payments$26.0 
Less imputed interest(6.3)
Total$19.7