XML 45 R35.htm IDEA: XBRL DOCUMENT v3.19.2
LEASES (Tables)
6 Months Ended
Jun. 29, 2019
Leases [Abstract]  
Lease Costs
Other information related to leases was as follows (in millions):
 
Six Months Ended
Supplemental Cash Flows Information
June 29, 2019
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:

  Operating Cash Flows from Operating Leases
$
14.3

  Operating Cash Flows from Finance Leases
0.1

  Financing Cash Flows from Finance Leases
0.2

Leased Assets Obtained in Exchange for New Operating Lease Liabilities
8.5

Weighted Average Remaining Lease Term

Operating Leases
4.6 years

Finance Leases
8.8 years

Weighted Average Discount Rate

Operating Leases
8.2
%
Finance Leases
5.9
%

The components of lease expense were as follows (in millions):

Three Months Ended
 
Six Months Ended

June 29, 2019
 
June 29, 2019
Operating Lease Cost
$
8.0

 
$
17.1

Finance Lease Cost:

 
 
   Amortization of ROU Assets
0.1

 
0.2

   Interest on Lease Liabilities

 
0.1

Total Lease Expense
$
8.1

 
$
17.4


Finance Lease Maturities
Maturity of lease liabilities as of June 29, 2019 were as follows (in millions):
 
Operating Leases
 
Finance Leases
 
Total
Remainder of 2019
$
14.6

 
$
0.3

 
$
14.9

2020
26.7

 
0.5

 
27.2

2021
20.7

 
0.5

 
21.2

2022
12.4

 
0.6

 
13.0

2023
7.1

 
0.6

 
7.7

Thereafter
17.9

 
2.5

 
20.4

Total Lease Payments
$
99.4

 
$
5.0

 
$
104.4

Less: Interest
(18.2
)
 
(1.1
)
 
(19.3
)
Present Value of Lease Liabilities
$
81.2

 
$
3.9

 
$
85.1


Operating Lease Maturities
Maturity of lease liabilities as of June 29, 2019 were as follows (in millions):
 
Operating Leases
 
Finance Leases
 
Total
Remainder of 2019
$
14.6

 
$
0.3

 
$
14.9

2020
26.7

 
0.5

 
27.2

2021
20.7

 
0.5

 
21.2

2022
12.4

 
0.6

 
13.0

2023
7.1

 
0.6

 
7.7

Thereafter
17.9

 
2.5

 
20.4

Total Lease Payments
$
99.4

 
$
5.0

 
$
104.4

Less: Interest
(18.2
)
 
(1.1
)
 
(19.3
)
Present Value of Lease Liabilities
$
81.2

 
$
3.9

 
$
85.1


Future Minimum Payments

Future minimum lease payments under operating leases as of December 29, 2018 were as follows (in millions):
Year
 
Total
2019
 
$
30.8

2020
 
24.7

2021
 
19.2

2022
 
11.7

2023
 
6.5

Thereafter
 
16.2