Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v2.4.0.6
Leases (Tables)
 12 Months Ended
Dec. 31, 2012
Leases [Abstract]  
Schedule of rent expense
Rent expense consisted of the following:
(in millions)
2012
 
2011
 
2010
Basic expense
$
31.6

 
$
34.7

 
$
36.5

Contingent expense
3.3

 
2.8

 
2.3

Sublease income
(1.5
)
 
(1.2
)
 
(1.2
)
Rent expense, net
$
33.4

 
$
36.3

 
$
37.6

Schedule of minimum rental payments for operating leases
Future minimum rental payments at December 31, 2012, under agreements classified as operating leases with non-cancelable terms in excess of one year, were as follows:
(in millions)
 
2013
$
28.6

2014
21.8

2015
16.9

2016
12.6

2017
9.6

Thereafter
28.5

Total (not reduced by minimum sublease income of $1.2)
$
118.0

Capital Leases
The amounts recorded in the Consolidated Balance Sheets as of December 31 are as follows:
(in millions)
2012
 
2011
Assets:
 
 
 
Buildings and improvements
$
10.3

 
$
4.3

Accumulated depreciation
(0.4
)
 
—

Total assets
$
9.9

 
$
4.3

 
 
 
 
Liabilities:
 
 
 
Debt
$
6.7

 
$
2.9

Total liabilities
$
6.7

 
$
2.9

Future minimum rental payments under agreements classified as capital leases with non-cancelable terms
The future minimum rental payments at December 31, 2012, under agreements classified as capital leases with non-cancelable terms in excess of one year, were as follows:
(in millions)
 
2013
$
0.8

2014
0.9

2015
1.0

2016
1.0

2017
1.1

Thereafter
6.0

Total
$
10.8