Leases (Tables)

6 Months Ended

Jun. 30, 2025

The following table presents the lease balances within our condensed consolidated balance sheets, weighted average remaining lease term and weighted average discount rates related to our leases:


Lease Assets and Liabilities		June 30, 2025		December 31, 2024
Assets
Operating lease, net	Property, plant and equipment, net	$	80.0	$	78.6
Finance lease, net	Other assets	25.6		14.7
Total lease assets		$	105.6	$	93.3

Liabilities
Current:
Operating lease liabilities	Other current liabilities	$	20.3	$	19.6
Finance lease liabilities	Other current liabilities	6.4		2.5
Non-current:
Operating lease liabilities	Other long-term liabilities	61.2		60.5
Finance lease liabilities	Other long-term liabilities	20.0		12.9
Total lease liabilities		$	107.9	$	95.5

Weighted-average remaining lease terms
Operating leases		6.2 years		6.4 years
Finance leases		5.3 years		7.2 years
Weighted-average discount rate
Operating leases		7.0%		7.0%
Finance leases		5.9%		6.8%

Schedule of Operating Lease Future Minimum Payments

The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of June 30, 2025:


	Finance		Operating
2025	$	3.7	$	12.7
2026	7.3		21.8
2027	7.1		16.7
2028	3.3		13.9
2029	1.9		10.4
Thereafter	7.9		26.1
Total future minimum lease payments	31.2		101.6
Less: Present value discount	4.8		20.1
Lease liability	$	26.4	$	81.5

Schedule of Finance Lease Future Minimum Payments

The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of June 30, 2025:


	Finance		Operating
2025	$	3.7	$	12.7
2026	7.3		21.8
2027	7.1		16.7
2028	3.3		13.9
2029	1.9		10.4
Thereafter	7.9		26.1
Total future minimum lease payments	31.2		101.6
Less: Present value discount	4.8		20.1
Lease liability	$	26.4	$	81.5

Schedule of Sales from Sales-type and Operating Leases

The following table represents sales from sales-type and operating leases:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Sales-type leases	$	7.7	$	14.8	$	27.0	$	25.4
Operating leases	0.1		1.5		0.2		3.1
Total sales from leases	$	7.8	$	16.3	$	27.2	$	28.5

Schedule of Operating Lease, Lease Income

The following table represents sales from sales-type and operating leases:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Sales-type leases	$	7.7	$	14.8	$	27.0	$	25.4
Operating leases	0.1		1.5		0.2		3.1
Total sales from leases	$	7.8	$	16.3	$	27.2	$	28.5

Scheduled Payments for Sales-type Leases

The following table represents scheduled payments for sales-type leases as of June 30, 2025:


2025	$	1.2
2026	2.6
2027	2.6
2028	2.6
2029	2.5
Thereafter	8.6
Total	20.1


Less: Unearned income	9.9
Total	$	10.2

CHART INDUSTRIES INC 10-Q