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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Future Undiscounted Cash Payments Related to Right of Use Assets

The following table lists the schedule of future undiscounted cash payments related to right of use assets by year:

 

(In millions)

 

 

 

2023

 

$

10.2

 

2024

 

 

9.6

 

2025

 

 

7.5

 

2026

 

 

7.0

 

2027

 

 

6.8

 

Thereafter

 

 

16.5

 

Total lease payments

 

 

57.6

 

Less: Imputed interest

 

 

(8.0

)

Present value of lease payments

 

$

49.6

 

 

Schedule of Lease-related Assets and Liabilities

 

(In millions)

Balance Sheet Classification

 

2022

 

2021

 

Operating lease ROU assets

Other assets

 

$

49.6

 

$

50.7

 

 

 

 

 

 

 

 

Operating lease current liabilities

Accrued liabilities

 

 

10.2

 

 

10.4

 

Operating lease long-term liabilities

Other non-current liabilities

 

 

39.4

 

 

40.3

 

Total operating lease liabilities

 

 

$

49.6

 

$

50.7

 

 

 

 

 

 

 

 

Finance lease, gross

Property, plant & equipment, net

 

 

5.5

 

 

5.7

 

Finance lease accumulated depreciation

Property, plant & equipment, net

 

 

1.2

 

 

0.4

 

Finance lease, net

 

 

$

4.3

 

$

5.3

 

 

 

 

 

 

 

 

Finance lease current liabilities

Accrued liabilities

 

 

0.2

 

 

0.9

 

Finance lease long-term liabilities

Long-term debt

 

 

0.2

 

 

0.4

 

Total finance lease liabilities

 

 

$

0.4

 

$

1.3