DIEBOLD NIXDORF, Inc Leases Disclosure
| Original Cost | |||||||||||||||||
| Estimated Useful Life (years) | 2025 | 2024 | |||||||||||||||
| Land and land improvements | (1) | $ | 19.3 | $ | 17.2 | ||||||||||||
| Buildings and building improvements | 15-30 | 52.4 | 47.3 | ||||||||||||||
| Machinery, tools and equipment | 3-12 | 36.8 | 32.2 | ||||||||||||||
Leasehold improvements (2) | 10 | 10.5 | 3.5 | ||||||||||||||
| Computer equipment and software | 3-10 | 34.6 | 18.4 | ||||||||||||||
| Furniture and fixtures | 5-8 | 25.5 | 15.9 | ||||||||||||||
| Tooling | 5 | 26.8 | 21.9 | ||||||||||||||
| Construction in progress | 19.7 | 13.5 | |||||||||||||||
| Less accumulated depreciation | (81.0) | (41.8) | |||||||||||||||
| 141.4 | 118.1 | ||||||||||||||||
| Total property plant and equipment, net | $ | 286.0 | $ | 246.2 | |||||||||||||
| Successor | Predecessor | |||||||||||||||||||||||||
| Year ended December 31, | Period from 08/12/2023 through 12/31/2023 | Period from 01/01/2023 through 08/11/2023 | ||||||||||||||||||||||||
| Operating Lease Expense | 2025 | 2024 | ||||||||||||||||||||||||
| Operating lease expense | $ | 71.2 | $ | 64.6 | $ | 25.3 | $ | 41.9 | ||||||||||||||||||
| Variable lease expense | $ | 10.5 | $ | 11.9 | $ | 4.1 | $ | 5.2 | ||||||||||||||||||
| Maturity of Operating Lease Liabilities | 2026 | 2027 | 2028 | 2029 | 2030 | Thereafter | Total | ||||||||||||||||||||||||||||||||||
| Undiscounted lease payments | $ | 60.5 | $ | 42.7 | $ | 28.8 | $ | 16.0 | $ | 4.4 | $ | 13.1 | $ | 165.5 | |||||||||||||||||||||||||||
| Less: present value discount | (21.8) | ||||||||||||||||||||||||||||||||||||||||
| Total lease liability as of December 31, 2025 | $ | 143.7 | |||||||||||||||||||||||||||||||||||||||
| Successor | Predecessor | |||||||||||||||||||||||||
| Year ended December 31, | Period from 08/12/2023 through 12/31/2023 | Period from 01/01/2023 through 08/11/2023 | ||||||||||||||||||||||||
| Supplemental Information Related to Operating Leases | 2025 | 2024 | ||||||||||||||||||||||||
| Operating cash flows used for operating leases | $ | 70.6 | $ | 70.5 | $ | 30.1 | $ | 43.3 | ||||||||||||||||||
| Right-of-use assets obtained in exchange for new lease liabilities | $ | 50.5 | $ | 59.5 | $ | 6.7 | $ | 19.2 | ||||||||||||||||||
| Weighted-average remaining lease term | 4.1 | 2.8 | 4.8 | |||||||||||||||||||||||
| Weighted-average discount rate | 7.46 | % | 6.30 | % | 8.30 | % | ||||||||||||||||||||
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.