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Leases
 9 Months Ended
Sep. 26, 2020
Leases [Abstract]  
Leases LEASES

The balance sheet locations of our lease assets and liabilities were as follows (in millions):
Assets
 
Balance Sheet Location
 
September 26,
2020
 
December 31,
2019
Operating
 
Operating lease assets
 
$
132.2

 
$
129.9

Finance
 
Other non-current assets
 
29.2

 
27.6

Total
 
 
 
$
161.4

 
$
157.5

Liabilities
 
Balance Sheet Location
 
September 26,
2020
 
December 31,
2019
Current
 
 
 
 
 
 
Operating
 
Other accrued liabilities
 
$
31.6

 
$
32.0

Finance
 
Current indebtedness
 
6.5

 
3.4

Non-Current
 
 
 
 
 
 
Operating
 
Other non-current liabilities
 
106.9

 
101.7

Finance
 
Long-term debt, less current portion
 
19.8

 
21.1

Total
 
 
 
$
164.8

 
$
158.2

    
The below table shows our lease assets and liabilities by reporting segment (in millions):
 
 
Assets
 
Liabilities
 
 
Operating
 
Financing
 
Operating
 
Financing
 
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
CSCA
 
$
22.5

 
$
22.4

 
$
15.8

 
$
16.8

 
$
22.8

 
$
22.8

 
$
16.0

 
$
16.6

CSCI
 
32.8

 
41.6

 
5.7

 
5.8

 
33.5

 
42.4

 
2.5

 
2.9

RX
 
30.7

 
35.1

 
0.7

 
0.8

 
31.9

 
36.3

 
0.7

 
0.8

Unallocated
 
46.2

 
30.8

 
7.0

 
4.2

 
50.3

 
32.2

 
7.1

 
4.2

Total
 
$
132.2

 
$
129.9

 
$
29.2

 
$
27.6

 
$
138.5

 
$
133.7

 
$
26.3

 
$
24.5



Lease expense was as follows (in millions):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 26,
2020
 
September 28,
2019
 
September 26,
2020
 
September 28,
2019
Operating leases(1)
 
$
10.6

 
$
11.0

 
$
32.1

 
$
33.9

 
 
 
 
 
 
 
 
 
Finance leases
 
 
 
 
 
 
 
 
Amortization
 
$
1.2

 
$
0.9

 
$
3.4

 
$
2.3

Interest
 
0.2

 
0.2

 
0.6

 
0.4

Total finance leases
 
$
1.4

 
$
1.1

 
$
4.0

 
$
2.7


(1) Includes short-term leases and variable lease costs, which are immaterial.
    
The annual future maturities of our leases as of September 26, 2020 are as follows (in millions):
 
 
Operating Leases
 
Finance Leases
 
Total
2020
 
$
9.6

 
$
1.4

 
$
11.0

2021
 
33.2

 
6.9

 
40.1

2022
 
25.3

 
4.2

 
29.5

2023
 
18.7

 
2.5

 
21.2

2024
 
16.0

 
1.4

 
17.4

After 2024
 
54.6

 
14.3

 
68.9

Total lease payments
 
157.4

 
30.7

 
188.1

Less: Interest
 
18.9

 
4.4

 
23.3

Present value of lease liabilities
 
$
138.5

 
$
26.3

 
$
164.8



Our weighted average lease terms and discount rates are as follows:
 
 
September 26,
2020
 
September 28,
2019
Weighted-average remaining lease term (in years)
 
 
 
 
Operating leases
 
6.54

 
6.58

Finance leases
 
9.03

 
10.90

Weighted-average discount rate
 
 
 
 
Operating leases
 
3.80
%
 
4.17
%
Finance leases
 
3.20
%
 
3.50
%


Our lease cash flow classifications are as follows (in millions):
 
 
Nine Months Ended
 
 
September 26,
2020
 
September 28,
2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
 
Operating cash flows for operating leases
 
$
31.2

 
$
33.6

Operating cash flows for finance leases
 
$
0.6

 
$
0.4

Financing cash flows for finance leases
 
$
3.1

 
$
2.2

 
 
 
 
 
Leased assets obtained in exchange for new finance lease liabilities
 
$
4.7

 
$
19.0

Leased assets obtained in exchange for new operating lease liabilities
 
$
26.2

 
$
5.3
Leases LEASES

The balance sheet locations of our lease assets and liabilities were as follows (in millions):
Assets
 
Balance Sheet Location
 
September 26,
2020
 
December 31,
2019
Operating
 
Operating lease assets
 
$
132.2

 
$
129.9

Finance
 
Other non-current assets
 
29.2

 
27.6

Total
 
 
 
$
161.4

 
$
157.5

Liabilities
 
Balance Sheet Location
 
September 26,
2020
 
December 31,
2019
Current
 
 
 
 
 
 
Operating
 
Other accrued liabilities
 
$
31.6

 
$
32.0

Finance
 
Current indebtedness
 
6.5

 
3.4

Non-Current
 
 
 
 
 
 
Operating
 
Other non-current liabilities
 
106.9

 
101.7

Finance
 
Long-term debt, less current portion
 
19.8

 
21.1

Total
 
 
 
$
164.8

 
$
158.2

    
The below table shows our lease assets and liabilities by reporting segment (in millions):
 
 
Assets
 
Liabilities
 
 
Operating
 
Financing
 
Operating
 
Financing
 
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
 
September 26,
2020
 
December 31,
2019
CSCA
 
$
22.5

 
$
22.4

 
$
15.8

 
$
16.8

 
$
22.8

 
$
22.8

 
$
16.0

 
$
16.6

CSCI
 
32.8

 
41.6

 
5.7

 
5.8

 
33.5

 
42.4

 
2.5

 
2.9

RX
 
30.7

 
35.1

 
0.7

 
0.8

 
31.9

 
36.3

 
0.7

 
0.8

Unallocated
 
46.2

 
30.8

 
7.0

 
4.2

 
50.3

 
32.2

 
7.1

 
4.2

Total
 
$
132.2

 
$
129.9

 
$
29.2

 
$
27.6

 
$
138.5

 
$
133.7

 
$
26.3

 
$
24.5



Lease expense was as follows (in millions):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 26,
2020
 
September 28,
2019
 
September 26,
2020
 
September 28,
2019
Operating leases(1)
 
$
10.6

 
$
11.0

 
$
32.1

 
$
33.9

 
 
 
 
 
 
 
 
 
Finance leases
 
 
 
 
 
 
 
 
Amortization
 
$
1.2

 
$
0.9

 
$
3.4

 
$
2.3

Interest
 
0.2

 
0.2

 
0.6

 
0.4

Total finance leases
 
$
1.4

 
$
1.1

 
$
4.0

 
$
2.7


(1) Includes short-term leases and variable lease costs, which are immaterial.
    
The annual future maturities of our leases as of September 26, 2020 are as follows (in millions):
 
 
Operating Leases
 
Finance Leases
 
Total
2020
 
$
9.6

 
$
1.4

 
$
11.0

2021
 
33.2

 
6.9

 
40.1

2022
 
25.3

 
4.2

 
29.5

2023
 
18.7

 
2.5

 
21.2

2024
 
16.0

 
1.4

 
17.4

After 2024
 
54.6

 
14.3

 
68.9

Total lease payments
 
157.4

 
30.7

 
188.1

Less: Interest
 
18.9

 
4.4

 
23.3

Present value of lease liabilities
 
$
138.5

 
$
26.3

 
$
164.8



Our weighted average lease terms and discount rates are as follows:
 
 
September 26,
2020
 
September 28,
2019
Weighted-average remaining lease term (in years)
 
 
 
 
Operating leases
 
6.54

 
6.58

Finance leases
 
9.03

 
10.90

Weighted-average discount rate
 
 
 
 
Operating leases
 
3.80
%
 
4.17
%
Finance leases
 
3.20
%
 
3.50
%


Our lease cash flow classifications are as follows (in millions):
 
 
Nine Months Ended
 
 
September 26,
2020
 
September 28,
2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
 
Operating cash flows for operating leases
 
$
31.2

 
$
33.6

Operating cash flows for finance leases
 
$
0.6

 
$
0.4

Financing cash flows for finance leases
 
$
3.1

 
$
2.2

 
 
 
 
 
Leased assets obtained in exchange for new finance lease liabilities
 
$
4.7

 
$
19.0

Leased assets obtained in exchange for new operating lease liabilities
 
$
26.2

 
$
5.3