Company: UIS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000746838-25-000008
Chunk: 118

Company: UNISYS CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 118
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1 Current maturities of long-term debt0.5 0.3 Long-term debt2.3 — Total finance lease liabilities$2.8 $0.3 Weighted-Average Remaining Lease Term (in years)Operating leases3.93.5Finance leases4.60.5Weighted-Average Discount RateOperating leases9.1 %8.3 %Finance leases6.1 %5.2 %Supplemental cash flow information related to leases is as follows:Years ended December 31,202420232022Cash paid for amounts included in the measurement of lease liabilities:Cash payments for operating leases included in operating activities$26.2 $31.5 $41.0 Cash payments for finance leases included in financing activities0.1 0.2 1.4 ROU assets obtained in exchange for lease obligations are as follows:Years ended December 31,20242023Operating leases$21.3 $14.7 

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Maturities of lease liabilities as of December 31, 2024 are as follows:YearFinance LeasesOperating Leases2025$0.5 $19.2 20260.6 14.8 20270.6 8.3 20280.7 5.9 20290.4 5.0 Thereafter— 6.2 Total lease payments2.8 59.4 Less imputed interest— 15.5 Total$2.8 $43.9 For transactions where the company is considered the lessor, revenue for operating leases is recognized on a monthly basis over the term of the lease and for sales-type leases at the inception of the lease term. As of December 31, 2024, receivables under sales-type leases before the allowance for unearned income were collectible as follows:Year2025$4.9 20268.3 20271.4 20280.1 Total$14.7 Other CommitmentsAt December 31, 2024, the company had outstanding standby letters of credit and surety bonds totaling approximately $194 million related to performance and payment guarantees. On the basis of experience with these arrangements, the company believes that any obligations that may arise will not be material. In addition, at December 31, 2024, the company had deposits and collateral of approximately $5 million in other long-term