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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract]  
Components of Lease Expense

The components of lease expense for the year ended December 31, 2020 and 2019 were as follows:

 

 

Years Ended December 31,

 

 

2020

 

2019

 

Operating lease cost

$

89.3

 

$

94.4

 

Variable lease cost

 

32.7

 

 

32.4

 

Sublease income

 

(1.7

)

 

(1.2

)

Total lease cost

$

120.3

 

$

125.6

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the year ended December 31, 2020 and 2019 was as follows:

 

 

 

Years Ended December 31,

 

 

2020

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

Operating cash outflows

$

81.8

 

$

81.6

 

Right-of-use assets obtained in exchange for lease obligations

 

 

 

 

 

 

Operating leases

$

109.0

 

$

66.9

 

Schedule of Future Lease Payments Under Operating Leases

As of December 31, 2020, the future lease payments under operating leases were as follows:

 

 

 

Twelve Months Ended

 

 

 

2020

 

Year Ended December 31

 

Operating Leases

 

2021

 

$

74.7

 

2022

 

 

59.5

 

2023

 

 

45.6

 

2024

 

 

30.8

 

2025

 

 

23.1

 

2026 and thereafter

 

 

39.0

 

Total lease payments

 

 

272.7

 

Less: Amount representing interest

 

 

42.4

 

Present value of lease obligation

 

$

230.3

 

 

 

 

 

 

Weighted average remaining lease term

 

4.9 years

 

Weighted average discount rate

 

 

                         6.8

%