XML 59 R46.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Operating Lease Costs, Variable Lease Costs and Supplemental Cash Flow Information

The following table presents operating lease costs, variable lease costs and supplemental cash flow information:

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

Operating lease costs

 

$

28.7

 

 

$

29.3

 

 

$

30.2

 

Variable lease costs

 

 

4.0

 

 

 

3.3

 

 

 

3.3

 

Cash paid for amounts included in the measurement
   of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash outflow from operating leases

 

$

39.5

 

 

$

29.3

 

 

$

30.5

 

Summary of Amount and Timing of Cash Flows From Operating Leases

The following table presents information about the amount and timing of cash flows arising from our operating leases as of December 31, 2023:

(Dollars in millions)

 

 

 

2024

 

$

28.2

 

2025

 

 

22.8

 

2026

 

 

17.7

 

2027

 

 

14.7

 

2028

 

 

11.7

 

Thereafter

 

 

12.5

 

Total lease payments

 

$

107.6

 

Less: Interest

 

 

(17.3

)

Present value of lease liabilities

 

$

90.3

 

Schedule of Supplemental Consolidated Balance Sheet Information Related to Leases

Supplemental consolidated balance sheet information related to leases is as follows:

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

 Weighted average remaining lease term, in years

 

 

5.0

 

 

 

5.6

 

 Weighted average discount rate

 

 

6.8

%

 

 

7.2

%