Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Balance Sheet Location of Assets and Liabilities

The balance sheet locations of our lease assets and liabilities were as follows (in millions):

Assets	Balance Sheet Location	December 31, 2019
Operating	Operating lease assets	$	129.9
Finance	Other non-current assets	27.6
Total		$	157.5

Liabilities	Balance Sheet Location	December 31, 2019
Current
Operating	Other accrued liabilities	$	32.0
Finance	Current indebtedness	3.4
Non-Current
Operating	Other non-current liabilities	101.7
Finance	Long-term debt, less current portion	21.1
Total		$	158.2

The below table shows our lease assets and liabilities by reporting segment (in millions):

	Assets				Liabilities
	Operating		Financing		Operating		Financing
	December 31, 2019		December 31, 2019		December 31, 2019		December 31, 2019
CSCA	$	22.4	$	16.8	$	22.8	$	16.6
CSCI	41.6		5.8		42.4		2.9
RX	35.1		0.8		36.3		0.8
Unallocated	30.8		4.2		32.2		4.2
Total	$	129.9	$	27.6	$	133.7	$	24.5

Lease Expense

Lease expense was as follows (in millions):

	Year Ended
	December 31, 2019
Operating leases(1)	$	43.7
Finance leases
Amortization	$	3.2
Interest	0.6
Total finance leases	$	3.8

(1) Includes short-term leases and variable lease costs, which are immaterial.

Finance Lease Maturity

The annual future maturities of our leases as of December 31, 2019 are as follows (in millions):

	Operating Leases		Finance Leases		Total
2020	$	37.2	$	4.1	$	41.3
2021	27.4		5.4		32.8
2022	20.2		2.7		22.9
2023	15.0		1.7		16.7
2024	11.9		1.3		13.2
After 2024	41.5		14.2		55.7
Total lease payments	153.2		29.4		182.6
Less: Interest	19.5		4.9		24.4
Present value of lease liabilities	$	133.7	$	24.5	$	158.2

Operating Lease Liability Maturity

The annual future maturities of our leases as of December 31, 2019 are as follows (in millions):

	Operating Leases		Finance Leases		Total
2020	$	37.2	$	4.1	$	41.3
2021	27.4		5.4		32.8
2022	20.2		2.7		22.9
2023	15.0		1.7		16.7
2024	11.9		1.3		13.2
After 2024	41.5		14.2		55.7
Total lease payments	153.2		29.4		182.6
Less: Interest	19.5		4.9		24.4
Present value of lease liabilities	$	133.7	$	24.5	$	158.2

Weighted Average Lease Terms and Discount Rates

Our weighted average lease terms and discount rates are as follows:

	December 31, 2019
Weighted-average remaining lease term (in years)
Operating leases	6.56
Finance leases	10.33
Weighted-average discount rate
Operating leases	4.11	%
Finance leases	3.47	%

Cash Flow Classifications

Our lease cash flow classifications are as follows (in millions):

	Year Ended
	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	43.9
Operating cash flows for finance leases	$	0.6
Financing cash flows for finance leases	$	3.0
Leased assets obtained in exchange for new finance lease liabilities	$	20.2
Leased assets obtained in exchange for new operating lease liabilities	$	10.3