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Leases
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Leases Leases
We have operating and finance leases for automobiles, machinery, equipment, warehouses, and office buildings. Our leases have remaining terms ranging from one year to 15 years, some of which include options to extend the leases from one to five years, and some of which include options to terminate the leases within one year.
Supplemental balance sheet information related to leases is as follows:
ClassificationSeptember 30, 2024December 31, 2023
Lease assets
Operating lease right-of-use assets, netNon-current assets$22.2 $23.7 
Finance lease right of use assets, netProperty, plant, and equipment, net4.1 1.9 
Total lease assets$26.3 $25.6 
Lease liabilities
Operating lease liabilities, currentCurrent liabilities$4.0 $3.8 
Operating lease liabilities, non-currentNon-current liabilities22.3 24.7 
Finance lease liabilities, currentCurrent portion of long-term debt1.6 0.9 
Finance lease liabilities, non-currentLong-term debt2.6 1.0 
Total lease liabilities$30.5 $30.4 
The components of lease costs included in our Condensed Consolidated Statements of Operations were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating leases
Operating lease costs$1.9 $1.4 $4.7 $3.6 
Variable lease costs0.2 0.1 0.7 0.2 
Short-term lease costs0.1 — 0.4 0.2 
Finance leases
Amortization of right-of-use asset$0.3 $0.2 $1.1 $0.6 
Maturities of lease liabilities as of September 30, 2024 are as follows:
Operating
Finance
Total
2024$1.6 $0.6 $2.2 
20256.3 1.9 8.2 
20264.7 1.5 6.2 
20273.3 0.8 4.1 
20283.0 — 3.0 
2029 and Thereafter22.9 — 22.9 
Total lease payments41.8 4.8 46.6 
Less lease interest(15.5)(0.6)(16.1)
Total lease liabilities$26.3 $4.2 $30.5 
Additional information related to leases is presented as follows:
September 30, 2024December 31, 2023
Operating leases
Weighted average remaining lease term10.0 years10.3 years
Weighted average discount rate10.0%10.0%
Finance leases
Weighted average remaining lease term2.7 years2.4 years
Weighted average discount rate9.7%7.2%
Nine Months Ended September 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$5.0 $3.6 
Financing cash flows from finance leases0.9 0.7 
Right-of-use assets obtained in exchange for lease liabilities
Leased assets obtained in exchange for new operating lease liabilities$0.3 $20.1 
Leased assets obtained in exchange for new finance lease liabilities3.0 0.6