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Consolidated Lease Liabilities And Right-Of-Use Lease Assets Related To Operating Leases (Detail)
$ in Millions
Dec. 31, 2021
USD ($)
Maturity of lease payments, by year  
1 year or less $ 50.3
More than 1 year to 2 years 45.7
More than 2 years to 3 years 42.7
More than 3 years to 4 years 35.4
More than 4 years to 5 years 30.3
More than 5 years 143.3
Total lease payments 347.7 [1]
Less: interest (79.2) [2]
Lease liabilities $ 268.5 [3]
Operating Lease, Liability, Statement of Financial Position [Extensible List] us-gaap:OtherLiabilitiesMember
Right-of-use lease assets $ 240.5 [4]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other Assets
Prepaid lease assets, net of lease allowances and incentives $ 28.0
Right-of-use lease assets and prepaid lease assets, net of lease allowances and incentives $ 268.5
[1] As of December 31, 2021, the weighted average lease term was approximately 13 years.
[2] As of December 31, 2021, the weighted average discount rate was approximately 5 percent.
[3] Represents the present value of expected lease payments over the remaining lease term and is reported as a component of other liabilities on Alleghany’s consolidated balance sheet.
[4] Reported as a component of other assets on Alleghany’s consolidated balance sheet.