Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2021

Supplemental Cash Flow Elements [Abstract]

11.	Supplemental Cash Flow Information

Noncash investing and financing activities are as follows:

	March 31,
	2021			2020
	(Dollars in Millions)
Noncash investing and financing activities:
Right-of-use assets obtained in exchange for new finance lease liabilities	$	115.1		$	—
Accrued liabilities for purchases of property, plant and equipment	$	28.7		$	21.4
Right-of-use assets obtained in exchange for new operating lease liabilities	$	6.0		$	12.7
Accrued proceeds from company-owned life insurance benefits	$	—		$	0.8
Remeasurement of operating lease right-of-use assets	$	(6.2	)	$	—

For the three months ended March 31, 2021, the right-of-use assets obtained in exchange for new finance lease liabilities balance primarily consisted of the lease for the new corporate headquarters.

Supplemental disclosures of cash flow information are as follows:

	March 31,
	2021		2020
	(Dollars in Millions)
Cash paid for interest, net of capitalized amount	$	14.8	$	11.9
Cash paid for income taxes, net of refunds	$	—	$	1.4

During the quarter ended March 31, 2021 and 2020, the Company received proceeds of $9.8 million and repaid $7.2 million of loans, respectively, related to its company-owned life insurance policies. The proceeds and repayment, as applicable, are included in the Investments in life insurance contracts, net, in the investing activities of the consolidated statements of cash flows.