Company: SPR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001364885-25-000011
Chunk: 84

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 84
---
 the Three Months EndedFor the NineMonths EndedOctober 2,2025September 26,2024October 2,2025September 26,2024Operating lease cost$4.2 $3.8 $12.1 $10.9 Finance lease cost:Amortization of assets6.2 9.5 20.8 29.1 Interest on lease liabilities1.3 1.9 4.3 5.9 Total net lease cost$11.7 $15.2 $37.2 $45.9 Supplemental cash flow information related to leases was as follows:  For the Three Months EndedFor the NineMonths EndedOctober 2,2025September 26,2024October 2,2025September 26,2024Cash paid for amounts included in the measurement of lease liabilities:Operating cash flows from operating leases$4.2 $3.8 $12.0 $11.2 Operating cash flows from finance leases$1.3 $1.9 $4.3 $5.9 Financing cash flows from finance leases$10.2 $13.0 $32.0 $39.5 ROU assets obtained in exchange for lease obligations:Operating leases$— $0.4 $5.4 $1.8 Supplemental balance sheet information related to leases:October 2, 2025December 31, 2024Finance leases:Property and equipment, gross$285.0 $333.3 Accumulated amortization(151.6)(163.8)Property and equipment, net$133.4 $169.5 The weighted average remaining lease term as of October 2, 2025 for operating and finance leases was 39.3 years and 4.9 years, respectively. The weighted average discount rate as of October 2, 2025 for operating and finance leases was 6.7% and 6.6%, respectively. The weighted average remaining lease term as of December 31, 2024 for operating and finance leases was 35.1 years and 4.6 years, respectively. The weighted average discount rate as of December 31, 2024 for operating and finance leases was 5.8% and 6.6%, respectively. See Note 15 Debt