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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense were as follows:

 

Year Ended December 31,

 

 

2019

 

Finance lease cost

 

 

 

 

 

Amortization of right-of-use assets

 

 

$

.9

 

Interest on lease liabilities

 

 

 

.1

 

Operating lease cost

 

 

 

16.9

 

Short-term lease cost

 

 

 

.7

 

Variable lease cost

 

 

 

1.8

 

Total lease cost

 

 

$

20.4

 

Schedule of Balance Sheet Information Related to Leases

Balance sheet information related to leases was as follows:

 

At December 31, 2019

OPERATING LEASES

 

 

FINANCE LEASES

 

TRUCK, PARTS AND OTHER:

 

 

 

 

 

 

 

Other noncurrent assets

$

31.7

 

 

$

1.1

 

FINANCIAL SERVICES:

 

 

 

 

 

 

 

Other assets

 

5.2

 

 

 

 

 

     Total right-of-use assets

$

36.9

 

 

$

1.1

 

 

 

 

 

 

 

 

 

TRUCK, PARTS AND OTHER:

 

 

 

 

 

 

 

Accounts payable, accrued expenses and other

$

13.0

 

 

$

.7

 

Other liabilities

 

19.5

 

 

 

.5

 

FINANCIAL SERVICES:

 

 

 

 

 

 

 

Accounts payable, accrued expenses and other

 

1.5

 

 

 

 

 

Deferred taxes and other liabilities

 

3.7

 

 

 

 

 

     Total lease liabilities

$

37.7

 

 

$

1.2

 

Schedule of Weighted-Average Remaining Lease Term and Discount Rate

The weighted-average remaining lease term and discount rate are as follows:

 

At December 31, 2019

OPERATING LEASES

 

 

FINANCE LEASES

 

Weighted-average remaining lease term

3.8 years

 

 

2.2 years

 

Weighted-average discount rate

 

1.9

%

 

 

4.0

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows:

 

Beginning January 1, 2020

OPERATING LEASES

 

 

FINANCE LEASES

 

2020

$

14.9

 

 

$

.8

 

2021

 

10.3

 

 

 

.3

 

2022

 

7.2

 

 

 

.1

 

2023

 

3.0

 

 

 

.1

 

2024

 

1.1

 

 

 

 

 

Thereafter

 

2.5

 

 

 

 

 

Total lease payments

 

39.0

 

 

 

1.3

 

Less: interest

 

(1.3

)

 

 

(.1

)

     Total lease liabilities

$

37.7

 

 

$

1.2

 

Schedule of Cash Flow Information Related to Leases

Cash flow information related to leases was as follows:

 

Year Ended December 31,

 

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

Operating cash flows from operating leases

 

 

$

17.0

 

Operating cash flows from finance leases

 

 

 

.2

 

Financing cash flows from finance leases

 

 

 

1.0

 

 

 

 

 

 

 

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

 

 

 

 

 

Operating leases

 

 

 

8.9

 

Finance leases

 

 

 

.7