LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease cost

The components of lease cost for the three and nine-month periods ended September 30, 2019 are as follows (amounts in millions):

	For the Three-Month Period Ended September 30, 2019		For the Nine-Month Period Ended September 30, 2019
Operating lease cost:
Operating lease cost	$	8.8	$	26.0
Impairment of operating lease ROU assets	0.7		1.0
Total operating lease cost	9.5		27.0
Finance lease cost:
Amortization of ROU assets	0.5		1.3
Interest on lease liabilities	—		0.1
Total finance lease cost	0.5		1.4
Variable lease cost	0.7		1.9
Short-term lease cost	0.1		0.2
Total lease cost	$	10.8	$	30.5

Operating leases

Amounts reported in the condensed consolidated balance sheet as of September 30, 2019 for our operating leases are as follows (amounts in millions):

	September 30, 2019
Operating lease ROU assets	$	84.1
Current portion of operating lease liabilities	26.8
Operating lease liabilities, less current portion	56.6
Total operating lease liabilities	$	83.4

Finance leases

Amounts reported in the condensed consolidated balance sheet as of September 30, 2019 for finance leases are included in the table below. The finance lease ROU assets are recorded within property and equipment, net of accumulated depreciation within our condensed consolidated balance sheet. The finance lease liabilities are recorded within current portion of long-term obligations and long-term obligations, less current portion within our condensed consolidated balance sheet.

	September 30, 2019
Finance lease ROU assets	$	5.1
Accumulated amortization	(1.4		)
Finance lease ROU assets, net	3.7
Current installments of obligations under finance leases	1.7
Long-term portion of obligations under finance leases	2.0
Total finance lease liabilities	$	3.7

Supplemental Cash Flow Information and Non-Cash Activity for Leases

	For the Nine-Month Period Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities and ROU assets:
Operating cash flow from operating leases	$	(26.7	)
Financing cash flow from finance leases	(1.2		)
ROU assets obtained in exchange for lease obligations:
Operating leases	106.9
Finance leases	2.7
Reductions to ROU assets resulting from reductions to lease obligations:
Operating leases	(1.2		)
Finance leases	—

Weighted average remaining lease term and discount rate

Weighted average remaining lease terms and discount rates for our leases as of September 30, 2019 are as follows:

	Years
Weighted average remaining lease term:
Operating leases	4.0
Finance leases	2.3
	Rate
Weighted average discount rate:
Operating leases	4.0	%
Finance leases	5.3	%

Lease Liability Maturity

Maturities of lease liabilities as of September 30, 2019 are as follows (amounts in millions):

	Operating Leases			Finance Leases
2019 (a)	$	6.3		$	0.5
2020	29.8			1.8
2021	22.1			1.4
2022	13.1			0.2
2023	8.2			—
Thereafter	11.0			—
Total undiscounted lease payments	90.5			3.9
Less: Imputed interest	(7.1		)	(0.2		)
Total lease liabilities	$	83.4		$	3.7

(a) Excludes the nine-month period ended September 30, 2019.