Significant Accounting Policies and Practices (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The impact of the standard on the Condensed Consolidated Balance Sheet as of March 31, 2019 is as follows:

	Impact of Changes in Accounting Policies as of March 31, 2019
(millions) (unaudited)	As Reported		Balances without Adoption of Topic 842		Impact of Adoption Increase/(Decrease)
Assets
Prepaid expenses and other (a)	$	14.4	$	15.0	$	(0.6	)
Right-of-use assets (b)	481.0		—		481.0
Favorable acquired lease contracts, net (c)	—		16.7		(16.7		)
Cost of contracts, net (d)	4.7		9.0		(4.3		)
Liabilities
Accrued rent (e)	$	15.7	$	23.7	$	(8.0	)
Short-term lease liabilities (f)	123.0		—		123.0
Long-term lease liabilities (g)	369.7		—		369.7
Unfavorable lease contracts, net (h)	—		22.5		(22.5		)
Other long-term liabilities (i)	58.4		61.2		(2.8		)

(a) Represents prepaid rent reclassified to Right-of-use assets

(b) Represents capitalization of operating lease assets and reclassification of prepaid and deferred rent, lease incentives, favorable

and unfavorable acquired lease contracts, net and cost of contract balances on operating leases

(c) Represents favorable acquired lease contracts, net reclassified to Right-of-use assets

(d) Represents cost of contract, net reclassified to Right-of-use assets

(e) Represents short-term deferred rent reclassified to Right-of-use assets

(f) Represents the recognition of short-term operating lease liabilities

(g) Represents the recognition of long-term operating lease liabilities

(h) Represents unfavorable acquired lease contracts, net reclassified to Right-of-use assets

(i) Represents long-term deferred rent reclassified to Right-of-use assets