LEASES

The Company has leases for manufacturing plants, land, warehouses, machinery and equipment, and administrative offices that generally expire at various times over the next 15 years. Under most leasing arrangements, the Company pays the property taxes, insurance, maintenance, and other expenses related to the leased property. Total rental expense under operating leases was approximately $13.9 million in 2015, $13.3 million in 2014, and $14.3 million in 2013.

Minimum future obligations on leases in effect at December 31, 2015 were:



	Operating
(in millions)	Leases
2016	$	8.6
2017	7.7
2018	6.9
2019	5.3
2020	4.1
Thereafter	28.3
Total minimum obligations	$	60.9