XML 63 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1
Lease Obligations (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows:
December 31
20232022
Operating leases:
Operating lease right-of-use assets$193.2 $195.0 
Current portion of operating lease liabilities$57.3 $49.5 
Operating lease liabilities150.5 153.6 
Total operating lease liabilities$207.8 $203.1 
Finance leases:
Sundry$4.0 $4.2 
Current maturities of long-term debt$1.2 $1.1 
Long-term debt2.8 3.1 
Total finance lease liabilities$4.0 $4.2 
Schedule of Components of Lease Expense
The components of lease expense were as follows:
Year Ended December 31
202320222021
Operating lease costs:
Lease costs$65.4 $56.1 $50.1 
Variable lease costs18.6 15.1 15.4 
Total operating lease costs$84.0 $71.2 $65.5 
Short-term lease costs$6.6 $6.6 $7.0 
Finance lease costs:
Amortization of right-of-use assets$1.8 $1.7 $1.7 
Interest on lease liabilities.1 .1 .1 
Total finance lease costs$1.9 $1.8 $1.8 
Total lease costs$92.5 $79.6 $74.3 
Supplemental cash flow information related to leases was as follows:
 Year Ended December 31
202320222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$60.4 $52.4 $48.6 
Operating cash flows from finance leases.1 .1 .1 
Financing cash flows from finance leases1.8 1.7 1.7 
Right-of-use assets obtained in exchange for new operating lease liabilities59.8 53.0 74.0 
Right-of-use assets obtained in exchange for new finance lease liabilities1.4 1.4 1.9 
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table reconciles the undiscounted cash flows for the operating and finance leases at December 31, 2023 to the operating and finance lease liabilities recorded on the Consolidated Balance Sheets:
December 31, 2023
Operating LeasesFinance Leases
2024$62.2 $1.3 
202551.7 1.2 
202642.1 .9 
202728.3 .5 
202813.9 .2 
Thereafter22.4 .1 
Total220.6 4.2 
Less: interest12.8 .2 
Lease liability$207.8 $4.0 
Weighted average remaining lease term (years)4.63.6
Weighted average discount rate2.8 %2.7 %
Schedule of Operating Leases, Schedule of Future Minimum Payments
The following table reconciles the undiscounted cash flows for the operating and finance leases at December 31, 2023 to the operating and finance lease liabilities recorded on the Consolidated Balance Sheets:
December 31, 2023
Operating LeasesFinance Leases
2024$62.2 $1.3 
202551.7 1.2 
202642.1 .9 
202728.3 .5 
202813.9 .2 
Thereafter22.4 .1 
Total220.6 4.2 
Less: interest12.8 .2 
Lease liability$207.8 $4.0 
Weighted average remaining lease term (years)4.63.6
Weighted average discount rate2.8 %2.7 %