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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Summary of Lease Expense
The components of the lease expense is as follows:
Years ended December 31,
In millions202420232022
Operating lease cost$4.0 $4.6 $4.2 
Supplemental cash flow information related to leases was as follows:
Years ended December 31,
In millions202420232022
Operating cash flows from operating leases$4.0 $4.6 $4.2 
During the year ended December 31, 2024, there were additional operating leases entered into totaling $0.6 million (2023: $0.5 million, 2022: $17.7 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 millions20242023
Operating leases
Operating lease right-of-use asset$11.5 $15.4 
Other current liabilities4.0 4.7 
Other non-current liabilities10.7 15.0 
$14.7 $19.7 
Weighted Average Remaining Lease Term (Years)13.411.9
Weighted Average Discount Rate4.52 %4.48 %
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows:
In millions2024
2025$4.6 
20264.2 
20271.5 
20281.3 
20290.9 
Thereafter7.7 
Total lease payments$20.2 
Less imputed interest(5.5)
Total$14.7