XML 50 R35.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense and Other Information
The components of lease expense for the years ended December 31, 2021 and 2020 were as follows:
(in millions)20212020
Operating lease cost$29.7 $28.3 
Sublease income(1.9)(1.2)
Total lease cost$27.8 $27.1 

Total rental expense reported in our Consolidated Statements of Income for all non-cancelable operating leases (reduced by minor amounts for subleases) amounted to $27.9 million for the year ended December 31, 2019.

Other information related to leases for the years ended December 31, 2021 and 2020 was as follows:
(in millions, except lease term and discount rate)20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$31.1 $28.8 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$41.1 $9.0 
Weighted average remaining lease term:
Operating leases6.8 years
Weighted average discount rate:
Operating leases4.6 %
Future Minimum Lease Payments
Future minimum lease payments, net of sub-lease income, for all non-cancelable leases as of December 31, 2021 were as follows:
(in millions)
2022$30.5 
202321.8 
202418.0 
202515.0 
202612.3 
Thereafter37.8 
Total minimum lease payments135.4 
Less imputed interest21.6 
Future minimum payments for leases, net of sublease rental income and imputed interest$113.8