Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Components of Lease Expense and Other Information

The components of lease expense were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Operating lease expense	$	35.6	$	32.1	$	106.9	$	96.1
Short-term lease expense		1.1		1.7		3.7		4.3
Other lease expense(a)		2.5		1.3		10.4		10.3
Total lease expense	$	39.2	$	35.1	$	121.0	$	110.7

(a)Other lease expense includes variable lease expense and sublease income.

Other information related to leases was as follows:

	Nine Months Ended September 30,
Supplemental Cash Flow Information	2023		2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	102.6	$	93.4
Operating ROU assets obtained in exchange for lease obligations		107.2		37.5

Supplemental Balance Sheet Information

	September 30,		December 31,
Supplemental Balance Sheet Information	2023		2022
Operating Leases
Operating lease ROU assets	$	400.1	$	365.7
Operating lease liabilities - current(a)	$	102.0	$	105.5
Operating lease liabilities - long-term		306.2		266.6
Total operating lease liabilities	$	408.2	$	372.1

(a)Operating lease liabilities - current are included in accrued expenses on our Consolidated Balance Sheets.

Weighted Average Remaining Lease Term and Discount Rate

	September 30,
	2023			2022
Weighted Average Remaining Lease Term
Operating leases	5.5 years			5.0 years
Weighted Average Discount Rate
Operating leases		3.6	%		2.4	%

Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of September 30, 2023 were as follows:

Period Ending September 30, 2023	Operating Leases
2023	$	30.1
2024		107.3
2025		80.6
2026		61.8
2027		51.4
2028		41.6
Thereafter		87.1
Total future undiscounted lease payments		459.9
Less imputed interest		(51.7	)
Total operating lease liabilities	$	408.2