XML 39 R29.htm IDEA: XBRL DOCUMENT

Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Components of Lease Expense and Other Information

The components of lease expense were as follows:


		Three Months Ended March 31,
(in millions)		2022				2021
Operating lease cost	$		7.7		$		7.2
Sublease income			(0.6	)			(0.3	)
Total lease cost	$		7.1		$		6.9

Other information related to leases was as follows:


		Three Months Ended March 31,
(in millions, except lease term and discount rate)		2022				2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$		8.5		$		7.2
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$		5.2		$		4.2


		As of March 31, 2022
Weighted average remaining lease term:
Operating leases		6.6 years

Weighted average discount rate:
Operating leases			4.6	%

Schedule of Future Minimum Lease Payments, Net of Sub-Lease Income

Future minimum lease payments, net of sub-lease income, for all non-cancelable leases as of March 31, 2022, were as follows:


(in millions)		Operating Leases
2022	$		22.0
2023			23.2
2024			19.0
2025			16.0
2026			13.0
2027			8.7
Thereafter			29.6
Total minimum lease payments			131.5
Less imputed interest			19.0
Future minimum payments for leases, net of sublease rental income and imputed interest	$		112.5