Total lease payments

[Table of Contents](#i30d98ad3bee64d018232130137db9899_7)Lessee InformationThe Company enters into operating leases for real estate, automobiles, and certain equipment. Operating lease expense was $20.4 million, $21.0 million, and $19.1 million for the years ended December 31, 2021, 2020, and 2019, respectively. For leases with terms of 12 months or less, the related expense was not material for each of the years ended December 31, 2021, 2020, and 2019.Supplemental cash flow information for the years ended December 31, 2021, 2020, and 2019 related to operating leases was as follows (in millions):

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Years Ended December 31, |  |  |  |
|  | 2021 |  | 2020 |  | 2019 |  |  |  |
| Cash paid for leases that were included within operating cash outflows | $ | 23.2  |  |  | $ | 11.0  |  |  | $ | 18.8  |  |  |  |  |
| Right-of-use assets recognized related to new lease obligations | $ | 30.6  |  |  | $ | 9.6  |  |  | $ | 21.5  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |

Supplemental balance sheet information, as of December 31, 2021, and 2020, related to operating leases was as follows (in millions, except lease term and discount rate):

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, |  |  |  |
| Reported as: | 2021 |  | 2020 |  |  |  |
| Intangible and other assets, net (Right-of-use assets) | $ | 74.4  |  |  | $ | 63.9  |  |  |  |  |
|  |  |  |  |  |  |  |
| Other accrued liabilities | $ | 20.4  |  |  | $ | 21.9  |  |  |  |  |
| Other long-term liabilities | 66.6  |  |  | 58.0  |  |  |  |  |
| Total lease liabilities | $ | 87.0  |  |  | $ | 79.9  |  |  |  |  |
|  |  |  |  |  |  |  |
| Weighted-average remaining lease term | 4.9 years |  | 5.3 years |  |  |  |
| Weighted-average discount rate | 2.5  | % |  | 3.2  | % |  |  |  |

As of December 31, 2021, the future payments related to the Company’s operating lease liabilities are scheduled as follows (in millions):

|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |
| Fiscal Year | Amount |  |  |  |
| 2022 | $ | 22.0  |  |  |  |  |
| 2023 | 21.9  |  |  |  |  |
| 2024 | 16.6  |  |  |  |  |
| 2025 | 14.5  |  |  |  |  |
| 2026 | 12.1  |  |  |  |  |
| 2027 and thereafter | 9.1  |  |  |  |  |
| Total lease payments | 96.2  |  |  |  |  |
| Less imputed interest | (9.2) |  |  |  |  |
| Total operating lease liabilities | $ | 87.0  |  |  |  |  |

  
NOTE 7.    GOODWILL AND INTANGIBLE ASSETSAcquisitions in 2021There were no material acquisitions in 2021.Acquisitions in 2020Orpheus MedicalIn February 2020, the Company acquired Orpheus Medical Ltd. and its wholly-owned subsidiaries to deepen and expand the Company’s integrated informatics platform. Orpheus Medical provides hospitals with information technology connectivity, as well as expertise in processing and archiving surgical videos.104
