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LEASES
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
LEASES LEASES
We lease certain assets, principally warehouse facilities and computer equipment, under agreements that expire at various dates through the year ended December 31, 2040. Certain leases contain provisions for renewal and purchase options and require us to pay various related expenses. Rent expense under all leases was $51.3 million, $51.4 million, and $49.6 million for the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively.

The balance sheet locations of our lease assets and liabilities were as follows (in millions):
AssetsBalance Sheet LocationDecember 31, 2024December 31, 2023
OperatingOperating lease assets$175.2 $183.6 
FinanceOther non-current assets11.7 13.7 
Total$186.9 $197.3 
LiabilitiesBalance Sheet LocationDecember 31, 2024December 31, 2023
Current
OperatingOther accrued liabilities$27.8 $27.5 
FinanceCurrent indebtedness1.5 1.9 
Non-Current
OperatingOther non-current liabilities153.8 159.6 
FinanceLong-term debt, less current portion12.0 13.2 
Total$195.1 $202.2 

The below tables show our lease assets and liabilities by reporting segment (in millions):
Assets
OperatingFinancing
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
CSCA$90.5 $79.3 $11.5 $12.8 
CSCI31.0 44.7 — 0.3 
Unallocated53.7 59.6 0.2 0.6 
Total$175.2 $183.6 $11.7 $13.7 
    
Liabilities
OperatingFinancing
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
CSCA$94.1 $81.6 $13.1 $14.2 
CSCI36.7 47.8 0.2 0.3 
Unallocated50.8 57.7 0.2 0.6 
Total$181.6 $187.1 $13.5 $15.1 

Expenses related to leases were as follows (in millions):
Year Ended
December 31, 2024December 31, 2023December 31, 2022
Operating leases(1)
$49.0 $45.1 $44.2 
Finance leases
Amortization$2.3 $6.3 $5.4 
Interest0.5 0.6 0.7 
Total finance leases$2.8 $6.9 $6.1 
            (1) Includes short-term leases and variable lease costs, which are immaterial.

The annual future maturities of our leases as of December 31, 2024 are as follows (in millions):
Operating LeasesFinance LeasesTotal
2025$33.4 $2.0 $35.4 
202628.3 1.6 29.9 
202726.2 1.6 27.8 
202819.3 1.6 20.9 
202917.3 1.6 18.9 
After 202989.3 7.4 96.7 
Total lease payments213.8 15.8 229.6 
Less: Interest32.2 2.3 34.5 
Present value of lease liabilities$181.6 $13.5 $195.1 
Our weighted average lease terms and discount rates are as follows:
December 31, 2024December 31, 2023
Weighted-average remaining lease term (in years)
Operating leases9.5410.65
Finance leases9.019.14
Weighted-average discount rate
Operating leases3.88 %3.17 %
Finance leases3.44 %3.41 %

Our lease cash flow classifications are as follows (in millions):
Year Ended
December 31, 2024December 31, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$35.5 $35.7 
Operating cash flows for finance leases$0.5 $0.6 
Financing cash flows for finance leases$2.0 $3.5 
Leased assets obtained (used) in exchange for new finance lease liabilities$0.4 $(2.2)
Leased assets obtained (used) in exchange for new operating lease liabilities$29.4 $(3.9)
LEASES LEASES
We lease certain assets, principally warehouse facilities and computer equipment, under agreements that expire at various dates through the year ended December 31, 2040. Certain leases contain provisions for renewal and purchase options and require us to pay various related expenses. Rent expense under all leases was $51.3 million, $51.4 million, and $49.6 million for the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively.

The balance sheet locations of our lease assets and liabilities were as follows (in millions):
AssetsBalance Sheet LocationDecember 31, 2024December 31, 2023
OperatingOperating lease assets$175.2 $183.6 
FinanceOther non-current assets11.7 13.7 
Total$186.9 $197.3 
LiabilitiesBalance Sheet LocationDecember 31, 2024December 31, 2023
Current
OperatingOther accrued liabilities$27.8 $27.5 
FinanceCurrent indebtedness1.5 1.9 
Non-Current
OperatingOther non-current liabilities153.8 159.6 
FinanceLong-term debt, less current portion12.0 13.2 
Total$195.1 $202.2 

The below tables show our lease assets and liabilities by reporting segment (in millions):
Assets
OperatingFinancing
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
CSCA$90.5 $79.3 $11.5 $12.8 
CSCI31.0 44.7 — 0.3 
Unallocated53.7 59.6 0.2 0.6 
Total$175.2 $183.6 $11.7 $13.7 
    
Liabilities
OperatingFinancing
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
CSCA$94.1 $81.6 $13.1 $14.2 
CSCI36.7 47.8 0.2 0.3 
Unallocated50.8 57.7 0.2 0.6 
Total$181.6 $187.1 $13.5 $15.1 

Expenses related to leases were as follows (in millions):
Year Ended
December 31, 2024December 31, 2023December 31, 2022
Operating leases(1)
$49.0 $45.1 $44.2 
Finance leases
Amortization$2.3 $6.3 $5.4 
Interest0.5 0.6 0.7 
Total finance leases$2.8 $6.9 $6.1 
            (1) Includes short-term leases and variable lease costs, which are immaterial.

The annual future maturities of our leases as of December 31, 2024 are as follows (in millions):
Operating LeasesFinance LeasesTotal
2025$33.4 $2.0 $35.4 
202628.3 1.6 29.9 
202726.2 1.6 27.8 
202819.3 1.6 20.9 
202917.3 1.6 18.9 
After 202989.3 7.4 96.7 
Total lease payments213.8 15.8 229.6 
Less: Interest32.2 2.3 34.5 
Present value of lease liabilities$181.6 $13.5 $195.1 
Our weighted average lease terms and discount rates are as follows:
December 31, 2024December 31, 2023
Weighted-average remaining lease term (in years)
Operating leases9.5410.65
Finance leases9.019.14
Weighted-average discount rate
Operating leases3.88 %3.17 %
Finance leases3.44 %3.41 %

Our lease cash flow classifications are as follows (in millions):
Year Ended
December 31, 2024December 31, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$35.5 $35.7 
Operating cash flows for finance leases$0.5 $0.6 
Financing cash flows for finance leases$2.0 $3.5 
Leased assets obtained (used) in exchange for new finance lease liabilities$0.4 $(2.2)
Leased assets obtained (used) in exchange for new operating lease liabilities$29.4 $(3.9)