Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.19.3.a.u2
LEASES (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The effect of the adoption on key financial statement line items for the twelve months ended December 31, 2019 is as follows:

December 31, 2019 Change
Balance Sheet Prior to ASU 2016-02 adoption As reported under ASU 2016-02 $ %
(In millions)
Prepaid expenses $ 90.0    $ 88.1    $ (1.9)   (2) %
Other assets, net $ 201.7    $ 304.2    $ 102.5    51  %
Total assets $ 7,808.4    $ 7,909.0    $ 100.6    1  %
Other current liabilities $ 763.7    $ 784.1    $ 20.4    3  %
Other long-term liabilities $ 100.4    $ 180.6    $ 80.2    80  %
Total liabilities $ 5,185.5    $ 5,286.1    $ 100.6    2  %
Schedule of Other Information Related To Operating Leases
Other information related to our operating leases was as follows:

Twelve Months Ended December 31, 2019 Amount
(in millions, except lease term and discount rate)
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases $ 29.1   
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases $ 10.2   
Weighted Average Remaining Lease Term 6.0 years
Weighted Average Discount Rate 4.3  %
Lessee, Operating Lease, Liability, Maturity
Estimated future minimum payment obligations for non-cancelable operating leases are as follows as of December 31, 2019:

Years ending December 31, Amount
(In millions)
2020 $ 29.6   
2021 25.2   
2022 22.8   
2023 19.9   
2024 12.3   
Thereafter 28.6   
$ 138.4