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Consolidated Lease Liabilities And Right-Of-Use Lease Assets Related To Operating Leases (Detail)
$ in Millions
Jun. 30, 2019
USD ($)
Maturity of lease payments, by year  
1 year or less $ 37.9
More than 1 year to 2 years 34.9
More than 2 years to 3 years 30.9
More than 3 years to 4 years 26.6
More than 4 years to 5 years 25.6
More than 5 years 155.3
Total lease payments 311.2 [1]
Less: interest 66.6 [2]
Lease liabilities 244.6 [3]
Right-of-use lease assets 216.2 [4]
Prepaid lease assets, net of lease allowances and incentives 28.4
Right-of-use lease assets and prepaid lease assets, net of lease allowances and incentives $ 244.6
[1] As of June 30, 2019, the weighted average lease term was approximately 12 years.
[2] As of June 30, 2019, the weighted average discount rate was approximately 5 percent.
[3] Represents the present value of lease liabilities 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.