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Leases | 12 Months Ended
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Dec. 28, 2019
Leases [Abstract] |
Leases | LEASES Operating lease expense, which includes immaterial amounts of short-term leases, variable lease costs and sublease income, was as follows during fiscal 2019, 2018 and 2017:
| 2019 |  | 2018 |  | 2017
| (In thousands)
Operating lease expense | $ | 34,709 |  |  | $ | 33,717 |  |  | $ | 32,089 |
Additional activity related to Cadence’s leases during fiscal 2019 was as follows:
| 2019
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 34,961 |
ROU assets obtained in exchange for operating lease obligations | 38,090 |
ROU lease assets and lease liabilities for Cadence’s operating leases were recorded in the consolidated balance sheet as follows:
| As of
| December 28, 2019
| (In thousands)
Other assets | $ | 100,343 |
Accounts payable and accrued liabilities | 25,558 |
Other long-term liabilities | 84,782 |
Total lease liabilities | $ | 110,340 |
Weighted average remaining lease term (in years) | 5.1 |
Weighted average discount rate | 4.5 | %
Future lease payments included in the measurement of lease liabilities on the consolidated balance sheet as of December 28, 2019, for the following five fiscal years and thereafter were as follows:
| Operating
| Leases
| (In thousands)
2020 | $ | 29,253 |
2021 | 29,185 |
2022 | 21,049 |
2023 | 15,474 |
2024 | 10,500 |
Thereafter | 19,359 |
Total future lease payments | 124,820 |
Less imputed interest | (14,480 | )
Total | $ | 110,340 |
As of December 29, 2018, future minimum lease payments, as defined under the previous lease accounting guidance of ASC Topic 840, under non-cancelable operating leases for the following five fiscal years and thereafter were as follows:
| Operating
| Leases
| (In thousands)
2019 | $ | 26,252 |
2020 | 23,130 |
2021 | 19,778 |
2022 | 14,243 |
2023 | 11,510 |
Thereafter | 17,100 |
Total lease payments | $ | 112,013 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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