Leases Leases (Tables)

6 Months Ended

Jun. 30, 2019

Supplemental balance sheet disclosure leases

The components of lease assets and liabilities were as follows:



(In millions)	Balance sheet classification	June 30, 2019
Assets:
Operating lease assets	Right-of-use assets, net	$	280.8
Finance lease assets	Property and equipment, net	145.9
Total leased assets		$	426.7

Liabilities:
Current:
Operating	Accrued liabilities	$	61.7
Financing	Current maturities of long-term debt	29.0
Noncurrent:
Operating	Lease liabilities	229.9
Financing	Long-term debt	104.7
Total lease liabilities		$	425.3

Lease expenses

The components of lease expense were as follows:



(In millions)	2019
Six Months Ended June 30,

Operating lease cost^(a)	$	49.7
Short-term lease cost	8.9
Financial lease cost:
Amortization of right-of-use assets	14.0
Interest on lease liabilities	3.5
Total lease cost	$	76.1


(a)	Includes variable lease costs, which are immaterial.

Other information leases

Other information related to leases was as follows:



(In millions, except for lease term and discount rate)	2019
Six Months Ended June 30,

Supplemental Cash Flows Information

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	48.6
Operating cash flows from finance leases	3.5
Financing cash flows from finance leases	13.7
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	26.6
Finance leases	28.6

Weighted Average Remaining Lease Term

Operating leases	7.8 years
Finance leases	5.2 years

Weighted Average Discount Rate

Operating leases	6.7		%
Finance leases	5.5		%

Operating lease future minimum lease payments

As of December 31, 2018, future minimum lease payments under noncancellable operating leases with initial or remaining lease terms in excess of one year were as follows:



(In millions)	Facilities		Vehicles	Other	Total

2019	$	51.7	9.7	21.6	83.0
2020	46.2		5.5	15.5	67.2
2021	39.5		2.3	9.5	51.3
2022	33.8		0.6	5.3	39.7
2023	29.4		0.1	2.3	31.8
Later years	130.3		—	—	130.3
	$	330.9	18.2	54.2	403.3

Financing lease minimum repayments

As of December 31, 2018, minimum repayments of long-term debt under financing leases were as follows:



(In millions)

2019	$	25.1
2020	23.5
2021	21.7
2022	19.7
2023	16.2
Later years	14.3
Total	$	120.5