Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.19.1
Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Operating Lease Cash Flows Disclosure
 
Three Months Ended
March 31,
 (dollars in millions)
2019
Supplemental Cash Flow Information for Operating Leases
 
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
5.3

 
 
ROU assets obtained in exchange for operating lease obligations
$
1.2

Weighted average remaining lease term
8 years
Weighted average discount rate
5.3%
Operating Lease Maturity Schedule Maturities of lease liabilities by fiscal year for operating leases at March 31, 2019 were as follows:
 (dollars in millions)
 
Remainder of 2019
$
14.8

2020
15.1

2021
12.1

2022
10.2

2023
7.1

Thereafter
25.8

Total future minimum lease payments
85.1

Less: imputed interest
(16.7
)
Present value of lease liabilities
$
68.4

Summary of Minimum Non-Cancelable Operating Lease Commitments Minimum future non-cancelable operating lease commitments at December 31, 2018 were as follows:
 (dollars in millions)
 
2019
$
19.2

2020
15.5

2021
11.9

2022
9.7

2023
7.7

Thereafter
27.9

Total
$
91.9