XML 50 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2
Leases and commitments (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense and Supplemental Cash Flow Information Related to Leases
The components of lease expense are as follows:
 
Year ended December 31,
  
2021
     2020      2019  
Operating lease cost
  
$
39.7
 
   $ 42.3      $ 37.9  
  
 
 
    
 
 
    
 
 
 
Finance lease cost
        
Amortization of
right-of-use
assets
  
 
1.8
 
     1.7        1.6  
Interest on lease liabilities
  
 
0.1
 
     0.2        0.3  
  
 
 
    
 
 
    
 
 
 
Total finance lease cost
  
 
1.9
 
     1.9        1.9  
  
 
 
    
 
 
    
 
 
 
Short-term lease costs
  
 
0.9
 
     1.4        0.6  
Variable lease cost
  
 
11.5
 
     10.3        13.7  
Sublease income
  
 
(4.4
     (12.1      (0.7
  
 
 
    
 
 
    
 
 
 
Total lease cost
  
$
49.6
 
   $ 43.8      $ 53.4  
  
 
 
    
 
 
    
 
 
 
Supplemental cash flow information related
to
leases is as follows:
 
Years ended December 31,
  
2021
     2020  
Cash paid for amounts included in the measurement of lease liabilities:
     
Cash payments for operating leases included in operating activities
  
$
44.9
 
   $ 41.6  
Cash payments for finance leases included in financing activities
  
 
1.9
 
     1.8  
Cash payments for finance lease included in operating activities
  
 
0.1
 
     0.2  
ROU assets obtained in exchange for lease obligations are as follows:
 
Years ended December 31,
  
2021
     2020  
Operating leases
  
$
20.4
 
   $ 40.9  
 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
 
As of December 31,
  
2021
    2020  
Operating Leases
    
Operating lease
right-of-use
assets
  
$
62.7
 
  $ 79.3  
  
 
 
   
 
 
 
Other accrued liabilities
  
 
35.4
 
    37.1  
Long-term operating lease liabilities
  
 
46.1
 
    62.4  
  
 
 
   
 
 
 
Total operating lease liabilities
  
$
81.5
 
  $ 99.5  
  
 
 
   
 
 
 
Finance Leases
    
Outsourcing assets, net
  
$
1.2
 
  $ 2.9  
  
 
 
   
 
 
 
Current maturities of long-term debt
  
 
1.6
 
    2.4  
Long-term debt
  
 
1.1
 
    3.1  
  
 
 
   
 
 
 
Total finance lease liabilities
  
$
2.7
 
  $ 5.5  
  
 
 
   
 
 
 
Weighted-Average Remaining Lease Term (in years)
    
Operating leases
  
 
2.7
 
    2.3  
Finance leases
  
 
1.2
 
    2.0  
Weighted-Average Discount Rate
    
Operating leases
  
 
6.1
    6.4
Finance leases
  
 
5.5
    5.2
Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of December 31, 2021 are as follows:
 
Year
   Finance
Leases
     Operating
Leases
 
2022
   $ 1.6      $ 39.2  
2023
     0.7        25.6  
2024
     0.5        15.8  
2025
     —          6.1  
2026
     —          2.0  
Thereafter
     —          —    
  
 
 
    
 
 
 
Total lease payments
     2.8        88.7  
Less imputed interest
     0.1        7.2  
  
 
 
    
 
 
 
Total
   $ 2.7      $ 81.5  
  
 
 
    
 
 
 
Maturities of Finance Lease Liabilities
Maturities of lease liabilities as of December 31, 2021 are as follows:
 
Year
   Finance
Leases
     Operating
Leases
 
2022
   $ 1.6      $ 39.2  
2023
     0.7        25.6  
2024
     0.5        15.8  
2025
     —          6.1  
2026
     —          2.0  
Thereafter
     —          —    
  
 
 
    
 
 
 
Total lease payments
     2.8        88.7  
Less imputed interest
     0.1        7.2  
  
 
 
    
 
 
 
Total
   $ 2.7      $ 81.5  
  
 
 
    
 
 
 
Schedule of Receivables Under Sales-Type Leases Before Allowance for Unearned Income As of December 31, 2021, receivables under sales-type leases before the allowance for unearned income were collectible as follows:
 
Year
      
2022
   $ 36.4  
2023
     10.3  
2024
     11.6  
2025
     7.4  
2026
     5.2  
Thereafter
     0.5  
  
 
 
 
Total
   $ 71.4