Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of amounts recognized in the Condensed Consolidated Balance Sheet

Amounts recognized in the Consolidated Balance Sheet related to the Lease are included in the table below. Other than the Lease described above, we had no leases accounted for as finance leases as of December 31, 2021 and 2020.

		As of December 31,
(In millions)	Classification	2021		2020
Finance lease right-of-use assets	Property, plant, and equipment, net(1)	$	631.3	$	645.7
Finance lease liabilities	Finance lease liabilities	$	719.7	$	717.2
(1) Finance lease right-of-use assets were recorded net of accumulated amortization of $104.9 million and $90.5 million as of December 31, 2021 and 2020, respectively.

Schedule of lease cost and other information

Finance lease costs consist of the following:

	Year Ended December 31,
(In millions)	2021		2020
Amortization of right-of-use assets	$	14.4	$	14.4
Interest on lease liabilities	11.9		15.7
	$	26.3	$	30.1

Other information related to our finance lease includes the following:

	As of December 31,
	2021	2020
Remaining lease term (in years)	0.2	1.2
Discount rate	1.68%	1.66%

Schedule of maturities of finance lease liabilities

The following is a maturity analysis of our finance lease liabilities:

(In millions)	As of December 31, 2021
2022	$	723.0
2023	—
2024	—
2025	—
2026	—
Thereafter	—
Total undiscounted lease payments	723.0
Imputed interest	(2.9)
Debt financing costs	(0.4)
Total lease liabilities	$	719.7