LEASES

Lease Receivables. Lease receivables relating to sales-type lease arrangements are presented on the Consolidated Balance Sheets as follows (in millions):



	December 31,
	2018			2017
Gross lease receivables	$	150.4		$	128.0
Unearned income	(6.3		)	(5.0		)
Allowance for credit loss	(1.0		)	(0.9		)
Net investment in sales-type leases	$	143.1		$	122.1
Reported as:
Prepaids and other current assets	$	51.2		$	41.9
Intangible and other assets, net	91.9			80.2
Total, net	$	143.1		$	122.1

Contractual maturities of gross lease receivables as of December 31, 2018, are as follows (in millions):



Fiscal Year	Amount
2019	$	50.8
2020	46.5
2021	29.7
2022	14.9
2023	7.5
2024 and thereafter	1.0
Total	$	150.4

Operating Leases. The Company’s operating lease terms are generally less than five years. Future minimum lease payments related to non-cancellable portion of operating leases as of December 31, 2018, are as follows (in millions):



Fiscal Year	Amount
2019	$	88.0
2020	85.8
2021	68.8
2022	51.3
2023	25.4
2024 and thereafter	1.9
Total	$	321.2

Contingent rental revenue relating to operating lease arrangements were not material for the periods presented.