Leases

6 Months Ended

Jun. 30, 2022

Supplemental balance sheet information related to leases as of June 30, 2022 and December 31, 2021 was as follows:


		As of
		June 30, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	128.6	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	44.9	$	45.4
Non-current operating lease liabilities	Other liabilities	97.1		87.8
Total operating lease liabilities		$	142.0	$	133.2

Finance Leases
Finance lease right-of-use assets	Properties, net	$	52.2	$	61.5
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	4.8	$	4.6
Non-current finance lease liabilities	Long-term debt	58.7		62.6
Total finance lease liabilities		$	63.5	$	67.2

Supplemental cash flow information related to leases for the six months ended June 30, 2022 and June 30, 2021 was as follows:


	Six Months Ended
	June 30, 2022		June 30, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	25.1	$	28.0
Operating cash flows from finance leases	$	1.9	$	2.4
Financing cash flows from finance leases	$	1.7	$	1.3
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	35.8	$	21.6
Finance leases	$	2.3	$	3.7

Executed leases that have not yet commenced as of June 30, 2022 are immaterial except for a master railcar lease with total undiscounted payments of $23.1 million expected to commence later in 2022.

Leases

Supplemental balance sheet information related to leases as of June 30, 2022 and December 31, 2021 was as follows:


		As of
		June 30, 2022		December 31, 2021
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	128.6	$	119.1
Current operating lease liabilities	Accounts payable and other current liabilities	$	44.9	$	45.4
Non-current operating lease liabilities	Other liabilities	97.1		87.8
Total operating lease liabilities		$	142.0	$	133.2

Finance Leases
Finance lease right-of-use assets	Properties, net	$	52.2	$	61.5
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	4.8	$	4.6
Non-current finance lease liabilities	Long-term debt	58.7		62.6
Total finance lease liabilities		$	63.5	$	67.2

Supplemental cash flow information related to leases for the six months ended June 30, 2022 and June 30, 2021 was as follows:


	Six Months Ended
	June 30, 2022		June 30, 2021
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	25.1	$	28.0
Operating cash flows from finance leases	$	1.9	$	2.4
Financing cash flows from finance leases	$	1.7	$	1.3
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	$	35.8	$	21.6
Finance leases	$	2.3	$	3.7

Executed leases that have not yet commenced as of June 30, 2022 are immaterial except for a master railcar lease with total undiscounted payments of $23.1 million expected to commence later in 2022.