Leases (Tables)

3 Months Ended

Mar. 31, 2022

Supplemental balance sheet information related to leases as of March 31, 2022 and December 31, 2021 was as follows:


	Balance Sheet Caption	March 31, 2022		December 31, 2021
Operating leases:
Building right-of-use assets - net	Other noncurrent assets	$	105.4	$	101.0
Equipment right-of-use assets - net	Other noncurrent assets	5.8		6.2
Total right-of-use assets - net		$	111.2	$	107.2
Operating leases:
Current lease liabilities	Accrued expenses	$	18.8	$	17.6
Noncurrent lease liabilities	Other noncurrent liabilities	96.6		93.4
Total lease liabilities		$	115.4	$	111.0

The components of lease cost for the three months ended March 31, 2022 and 2021 were as follows:

(1) Includes short-term leases, which are immaterial.

Supplemental cash flow information related to leases for the three months ended March 31, 2022 and 2021 was as follows:


	Three Months Ended March 31,
	2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	7.4	$	6.4
Right-of-use assets obtained in exchange for new operating lease liabilities	8.3		3.5

Other supplemental information related to leases as of March 31, 2022 and December 31, 2021 was as follows:


Lease Term and Discount Rate	March 31, 2022		December 31, 2021
Weighted-average remaining lease term (years):
Operating leases - building and equipment	8.12		8.50
Operating leases - vehicles	2.25		2.34
Weighted-average discount rate:
Operating leases - building and equipment	3.16	%	3.27	%
Operating leases - vehicles	1.02	%	1.08	%

Total lease liabilities at March 31, 2022 have scheduled maturities as follows:


Maturity of Lease Liabilities	Operating Leases
2022 (excluding the three months ended March 31, 2022)	$	16.2
2023	20.1
2024	17.3
2025	15.3
2026	13.3
Thereafter	49.3
Total lease payments	131.5
Less: Imputed interest	(16.1)
Present value of lease liabilities	$	115.4