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Lease Arrangements (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease assets and liabilities
Balance Sheet as of December 31, 2022 and 2021
Classification on the Balance SheetDecember 31, 2022December 31, 2021
Assets
Operating lease assetsOperating lease right-of-use assets$54.7 $56.4 
Finance lease assetsProperty, plant and equipment, net23.3 9.4 
Total lease assets$78.0 $65.8 
Liabilities
Current
OperatingCurrent portion of operating lease liabilities$11.2 $10.6 
FinanceCurrent portion of long-term debt and short-term debt4.3 2.5 
Noncurrent
OperatingLong-term operating lease liabilities43.7 45.9 
FinanceLong-term debt14.2 6.0 
Total lease liabilities$73.4 $65.0 
Weighted-average remaining lease term (in years)
Operating leases6.26.7
Finance leases5.62.1
Weighted-average discount rate
Operating leases5.8 %6.0 %
Finance leases5.6 %2.1 %
Lease costs
202220212020
Finance lease expense
Amortization of right-of-use assets$3.2 $1.4 $1.7 
Interest on lease liabilities0.3 0.3 0.1 
Operating lease expense15.2 14.7 14.4 
Other lease expense(1)
6.6 7.9 6.4 
Total lease expense$25.3 $24.3 $22.6 
(1) - Other lease expense includes variable lease costs and short-term lease costs.
202220212020
Amounts included in the Consolidated Statements of Cash Flows:
Operating cash outflows for operating leases$(14.5)$(14.6)$(14.5)
Operating cash outflows for finance leases$(0.3)$(0.3)$(0.1)
Financing cash inflows (outflows) for finance leases$8.5 $(0.3)$3.9 
Maturities of lease liabilities, operating leases
Maturities of Lease Liabilities as of December 31, 2022, were as follows:
Operating LeasesFinance Leases
2023$13.6 $4.6 
202412.3 3.9 
20259.5 2.6 
20267.3 2.1 
20276.2 2.0 
Thereafter15.0 5.9 
Total lease payments63.9 21.1 
Less: amount of lease payments representing interest(9.0)(2.6)
Total present value of future lease payments$54.9 $18.5 
Maturities of lease liabilities, finance leases
Maturities of Lease Liabilities as of December 31, 2022, were as follows:
Operating LeasesFinance Leases
2023$13.6 $4.6 
202412.3 3.9 
20259.5 2.6 
20267.3 2.1 
20276.2 2.0 
Thereafter15.0 5.9 
Total lease payments63.9 21.1 
Less: amount of lease payments representing interest(9.0)(2.6)
Total present value of future lease payments$54.9 $18.5