Annual report pursuant to Section 13 and 15(d)

Leases - Summary of Lease Cost Recognized Over the Lease Term (Detail)

v3.22.4
Leases - Summary of Lease Cost Recognized Over the Lease Term (Detail) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Leases [Abstract]      
Operating lease cost [1],[2] $ 65.9 $ 67.1 $ 63.8
Finance lease cost      
Amortization of right-of-use assets 0.4 0.3 0.4
Interest on lease liabilities 0.0 0.0 0.0
Net lease cost $ 66.3 $ 67.4 $ 64.2
[1] Amount includes $61.4 million, $62.7 million, and $60.2 million recorded to selling, general, and administrative expenses within the Company’s consolidated statements of income for the years ended December 31, 2022, 2021, and 2020, respectively, and $4.5 million, $4.4 million, and $3.6 million capitalized as part of the cost of another asset, which includes inventories, for the years ended December 31, 2022, 2021, and 2020, respectively.
[2] Includes short-term leases and variable lease costs, which were $7.0 million and $3.0 million, respectively, for the year ended December 31, 2022, $9.5 million and $1.9 million, respectively, for the year ended December 31, 2021, and $11.0 million and $1.2 million, respectively, for the year ended December 31, 2020. Variable lease costs, which include items such as real estate taxes, common area maintenance, and changes based on an index or rate, are not included in the calculation of the right-of-use assets and are recognized as incurred.