Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Assets and Liabilities, Lessee

The weighted average remaining lease terms and discount rates for our operating leases were as follows as of December 31, 2019:

Weighted-average remaining lease term - operating leases	9.7
Weighted-average discount rate - operating leases	3.9	%

Our Consolidated Balance Sheet includes the following related to leases:

(in millions)	Classification	December 31, 2019
Assets
Operating right-of-use assets	Other assets	$	112.6
Liabilities
Current lease liabilities	Accrued liabilities	$	24.0
Long-term lease liabilities	Other liabilities	91.5
Total lease liabilities		$	115.5

Lease, Cost

The components of lease cost were as follows:

(in millions) December 31,	2019
Operating lease cost	$	32.6
Variable lease cost	$	2.2

Supplemental cash flow information related to our operating leases was as follows for period ended December 31, 2019:

(in millions)
Cash paid for amounts included in measurement of operating lease liabilities - operating cash flows	$	24.3
Right-of-use assets obtained in exchange for new operating lease liabilities	$	21.0

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum operating lease payments were as follows:

(in millions)	December 31, 2019
2020	$	27.7
2021	23.2
2022	18.6
2023	15.4
2024	12.3
Thereafter	54.5
Total future minimum operating lease payments	$	151.7
Imputed interest	36.2
Present value of lease liabilities reported	$	115.5

Lessee, Operating Lease, Disclosure

Future minimum operating lease payments for leases with initial or remaining terms of one year or more consisted of the following as of December 31, 2018 under ASC 840, the predecessor to ASC 842.

(in millions)	December 31, 2018
2019	$	23.4
2020	19.6
2021	17.0
2022	14.2
2023	12.4
Thereafter	60.7
Total minimum lease payments	$	147.3