Leases (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Components of ROU Assets and Lease Liabilities

The components of ROU assets and lease liabilities and classification on the Condensed Consolidated Balance Sheet as of June 30, 2020 and December 31, 2019 were as follows:

(millions) (unaudited)	Classification	June 30, 2020		December 31, 2019
Assets
Operating	Right-of-use assets	$	261.8	$	431.7
Finance	Leasehold improvements, equipment and construction in progress, net		22.0		18.6
Total leased assets		$	283.8	$	450.3
Liabilities
Current
Operating	Short-term lease liabilities	$	97.8	$	115.2
Finance	Current portion of long-term obligations under credit facility and other long-term borrowings		4.1		3.1
Noncurrent
Operating	Long-term lease liabilities		266.3		327.7
Finance	Other long-term borrowings		17.9		15.6
Total lease liabilities		$	386.1	$	461.6

Schedule of Components of Lease Cost

The components of lease cost and classification in the Condensed Consolidated Statement of Income for the three and six months ended June 30, 2020 and 2019 were as follows:

		Three Months Ended				Six Months Ended
(millions) (unaudited)	Classification	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Operating lease cost (a)	Cost of services - lease type contracts	$	25.2	$	60.1	$	60.8	$	118.4
Short-term lease (a)	Cost of services - lease type contracts		5.4		9.1		14.2		17.9
Variable Lease	Cost of services - lease type contracts		1.9		15.3		9.7		28.4
Operating lease cost			32.5		84.5		84.7		164.7
Finance lease cost
Amortization of leased assets	Depreciation and amortization		0.8		0.3		1.5		0.8
Interest on lease liabilities	Interest expense		0.3		0.2		0.5		0.4
Lease impairment	Lease impairment		16.7		—		94.2		—
Net lease cost		$	50.3	$	85.0	$	180.9	$	165.9

^(a) Operating lease cost included in General and administrative expenses are related to leases for office space amounting to $1.5 million and $3.0 million for the three and six months ended June 30, 2020, respectively, compared to $1.0 million and $2.3 million for the three and six months ended June 30, 2019, respectively.

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities, lease term, and discount rate information as of June 30, 2020 were as follows:

(millions) (unaudited)	Operating Leases Liabilities			Finance Leases Liabilities			Total
2020	$	62.3		$	2.5		$	64.8
2021		95.5			5.0			100.5
2022		77.2			4.5			81.7
2023		54.2			3.6			57.8
2024		37.9			2.4			40.3
After 2024		90.3			6.5			96.8
Total lease payments		417.4			24.5			441.9
Less: Imputed interest		53.3			2.5			55.8
Present value of lease liabilities	$	364.1		$	22.0		$	386.1
Weighted-average remaining lease term (years)		5.4			6.2
Weighted-average discount rate		5.0	%		4.6	%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the six months ended June 30, 2020 and 2019 was as follows:

	Six Months Ended
(millions) (unaudited)	June 30, 2020		June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows related to operating leases	$	70.8	$	90.5
Operating cash flows related to interest on finance leases		0.5		0.4
Financing cash flows related to finance leases		1.7		1.0
Leased assets obtained in exchange for new operating liabilities		9.2		29.2
Leased assets obtained in exchange for new finance lease liabilities		4.9		3.6