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Leases (Tables) | 6 Months Ended
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Jun. 30, 2021
Leases [Abstract] |
Schedule of Lease ROUs and Lease Liabilities | As of June 30, 2021 and December 31, 2020, lease right-of-use assets and lease liabilities consist of the following (in millions):
|  | June 30, 2021 |  | December 31, 2020
Right-of-use assets: |  |  |  |
Operating lease (Other non-current assets) |  | $ | 72.2 |  |  | $ | 39.8 |
Finance lease (Property, plant and equipment, net) |  | 0.3 |  |  | 0.9 |
Total right-of-use assets |  | $ | 72.5 |  |  | $ | 40.7 |
Lease liabilities: |  |  |  |
Current portion of operating lease (Other current liabilities) |  | $ | 16.2 |  |  | $ | 11.2 |
Non-current portion of operating lease (Other non-current liabilities) |  | 60.4 |  |  | 31.6 |
Finance lease (Debt obligations) |  | 0.2 |  |  | 0.8 |
Total lease liabilities |  | $ | 76.8 |  |  | $ | 43.6 |
Schedule of Leases, Cost | The following table summarizes the components of lease expense for the three and six months ended June 30, 2021 and 2020 (in millions):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Finance lease cost: |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 0.3 |  |  | $ | 0.3 |  |  | $ | 0.6 |  |  | $ | 0.6 |
Interest on lease liabilities |  | — |  |  | — |  |  | — |  |  | 0.1 |
Net finance lease cost |  | 0.3 |  |  | 0.3 |  |  | 0.6 |  |  | 0.7 |
Operating lease cost |  | 4.3 |  |  | 3.5 |  |  | 7.8 |  |  | 7.2 |
Variable lease cost |  | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.2 |
Total lease cost |  | $ | 4.7 |  |  | $ | 3.9 |  |  | $ | 8.6 |  |  | $ | 8.1 |
Cash flow information related to leases for the three and six months ended June 30, 2021and 2020 is as follows (in millions):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2021 |  | 2020 |  | 2021 |  | 2020
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows from finance leases |  | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |
Financing cash flows from finance leases |  | $ | 0.2 |  |  | $ | 0.3 |  |  | $ | 0.5 |  |  | $ | 0.5 |
Operating cash flows from operating leases |  | $ | 4.2 |  |  | $ | 3.6 |  |  | $ | 7.9 |  |  | $ | 7.1 |
Right-of-use assets obtained in exchange for new lease liabilities |  |  |  |  |  |  |  |
Finance leases |  | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |
Operating leases |  | $ | 37.3 |  |  | $ | 3.6 |  |  | $ | 41.2 |  |  | $ | 12.1 |
As of June 30, 2021 and December 31, 2020, the weighted-average remaining lease term and the weighted-average discount rate for finance leases and operating leases are as follows:
|  | June 30, 2021 |  | December 31, 2020
Weighted-average remaining lease term (years) - operating lease |  | 8.0 |  | 4.4
Weighted-average remaining lease term (years) - finance lease |  | 1.0 |  | 0.9
Weighted-average discount rate - operating lease |  | 5.2 | % |  | 6.2 | %
Weighted-average discount rate - finance lease |  | 7.0 | % |  | 8.9 | %
Schedule of Finance Lease, Liability, Maturity | As of June 30, 2021, undiscounted cash flows for finance and operating leases are as follows (in millions):
| Operating Leases |  | Finance Leases
2021 | $ | 19.6 |  |  | $ | 0.2 |
2022 | 16.6 |  |  | — |
2023 | 12.4 |  |  | — |
2024 | 8.9 |  |  | — |
2025 | 6.4 |  |  | — |
Thereafter | 29.8 |  |  | — |
Total future lease payments | 93.7 |  |  | 0.2 |
Less: Present values | (17.1) |  |  | — |
Total lease liability balance | $ | 76.6 |  |  | $ | 0.2 |
Schedule of Operating Lease, Liability, Maturity | As of June 30, 2021, undiscounted cash flows for finance and operating leases are as follows (in millions):
| Operating Leases |  | Finance Leases
2021 | $ | 19.6 |  |  | $ | 0.2 |
2022 | 16.6 |  |  | — |
2023 | 12.4 |  |  | — |
2024 | 8.9 |  |  | — |
2025 | 6.4 |  |  | — |
Thereafter | 29.8 |  |  | — |
Total future lease payments | 93.7 |  |  | 0.2 |
Less: Present values | (17.1) |  |  | — |
Total lease liability balance | $ | 76.6 |  |  | $ | 0.2 |

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