v3.23.2
Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Additional Details Related to Leases Recorded on the Balance Sheet
The following are additional details related to operating leases recorded on our Consolidated Balance Sheets as of June 30, 2023 and December 31, 2022:
June 30,December 31,
20232022
(in millions)
Assets
Operating lease right-of-use assets, net$67.4 $63.0 
Liabilities
Current portion of operating lease liabilities$7.8 $10.3 
Operating lease liabilities, net of current portion$73.9 $67.9 
Schedule of Other Information Related to Leases
Other information related to leases was as follows:
(in millions)Three Months Ended June 30,Six Months Ended June 30,
Supplemental Cash Flow Information2023202220232022
Cash paid for amounts included in the measurement of operating lease liabilities$4.8 $3.1 $7.1 $6.3 
Lease liabilities arising from obtaining right-of-use assets
From new and existing lease agreements and modifications$9.8 $3.4 $9.8 $3.7 
As of
June 30, 2023December 31, 2022
Weighted average remaining lease term (in years)12.211.7
Weighted average discount rate5.8 %5.4 %
Schedule of Undiscounted Future Minimum Lease Payments Under Non-Cancelable Leases
The table below reconciles the undiscounted future minimum lease payments under non-cancelable leases to the total lease liabilities recognized as of June 30, 2023 (in millions):
Year Ending December 31,Operating Leases
2023 (excluding six months ended June 30, 2023)
$5.7 
202411.5 
202511.9 
202611.0 
20279.3 
Thereafter66.9 
Total future minimum lease payments116.3 
Less effects of discounting34.6 
Total lease liabilities$81.7 
Reported as of June 30, 2023
Current portion of operating lease liabilities$7.8 
Operating lease liabilities, net of current portion73.9 
Total lease liabilities$81.7