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Leases Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Supplemental balance sheet disclosure leases
The components of lease assets and liabilities were as follows:
(In millions)
Balance sheet classification
December 31, 2019
Assets:
 
 
Operating lease assets
Right-of-use assets, net
$
270.3

Finance lease assets
Property and equipment, net
162.5

Total leased assets
 
$
432.8

 
 
 
Liabilities:
 
 
Current:
 
 
Operating
Accrued liabilities
$
65.9

Financing
Current maturities of long-term debt
32.5

Noncurrent:
 
 
Operating
Lease liabilities
218.4

Financing
Long-term debt
117.0

Total lease liabilities
 
$
433.8


Lease expenses
The components of lease expense were as follows:
(In millions)
2019
Twelve Months Ended December 31,
 
 
 
Operating lease cost(a)
$
97.2

Short-term lease cost
27.2

Finance lease cost:
 
Amortization of related assets
27.4

Interest on related liabilities
7.4

Total lease cost
$
159.2


(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
Twelve Months Ended December 31,
 
 
 
Supplemental Cash Flows Information
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
96.0

Operating cash flows from finance leases
7.4

Financing cash flows from finance leases
29.4

Right-of-use assets obtained in exchange for lease obligations:
 
Operating leases
56.3

Finance leases
59.7

 
 
Weighted Average Remaining Lease Term
 
 
 
Operating leases
7.2 years

Finance leases
5.2 years

 
 
Weighted Average Discount Rate
 
 
 
Operating leases
6.9
%
Finance leases
4.9
%

Operating lease future minimum lease payments
As of December 31, 2019, 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
 
 
 
 
 
 
 
 
2020
$
57.1

 
7.8

 
20.8

 
85.7

2021
50.5

 
4.2

 
12.6

 
67.3

2022
42.9

 
1.4

 
7.5

 
51.8

2023
36.4

 
0.2

 
4.8

 
41.4

2024
29.1

 

 
1.4

 
30.5

Later years
117.1

 

 

 
117.1

Total Lease Payments
$
333.1

 
13.6

 
47.1

 
393.8

Less: Interest
104.4

 
0.6

 
4.5

 
109.5

Present value of lease liabilities
$
228.7

 
$
13.0

 
42.6

 
284.3


Financing lease minimum repayments
As of December 31, 2019, minimum repayments of long-term debt under financing leases were as follows:
(In millions)
 
 
 
2020
$
32.5

2021
31.8

2022
28.2

2023
24.0

2024
17.4

Later years
15.6

Total
$
149.5