Annual report pursuant to Section 13 and 15(d)

Operating Leases

v3.7.0.1
Operating Leases
12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Operating Leases
OPERATING LEASES
We rent certain real estate and equipment. Several leases include options for renewal or purchase, and contain clauses for payment of real estate taxes and insurance. In most cases, management expects that in the normal course of business, leases will be renewed or replaced by other leases. Total rent expense was $10.4 million, $5.8 million and $5.8 million in 2016, 2015, and 2014, respectively.

Future minimum payments at December 31, 2016 by year and in the aggregate, having non-cancelable lease terms in excess of one year are as follows:
 
 
Total Minimum Lease Payments
Scheduled minimum lease payments
 
 
2017
 
$
8.2

2018
 
7.7

2019
 
7.3

2020
 
6.8

2021
 
2.4

Thereafter
 
1.6

Total
 
$
34.0



NOTE 19. OPERATING LEASES (continued)
Amounts above include lease obligations due to AWI under our Campus Lease Agreement, which we entered into upon Separation.