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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to our leases is as follows (dollars in thousands):
Category |  | Classification |  | December 31, 2019 |
Assets |  |  |  |  |  |
Operating lease assets |  | Operating lease assets |  | $ | 997,966 |
Financing lease assets |  | Other assets, net |  |  | 94,141 |
Total leased assets |  |  |  | $ | 1,092,107 |
Liabilities |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating |  | Operating lease liabilities |  | $ | 168,663 |
Financing |  | Other current liabilities |  |  | 34,966 |
Non-current: |  |  |  |  |  |
Operating |  | Non-current operating lease liabilities |  |  | 1,057,758 |
Financing |  | Other liabilities |  |  | 60,001 |
Total lease liabilities |  |  |  | $ | 1,321,388 |
Schedule of Components of Lease Costs | Components of lease cost are as follows (dollars in thousands):
Component |  | Classification |  | Year Ended December 31, 2019 |
Operating lease cost |  | Operating, administrative and other |  | $ | 189,106 |
Finance lease cost: |  |  |  |  |  |
Amortization of right-to-use assets |  | (1) |  |  | 31,081 |
Interest on lease liabilities |  | Interest expense |  |  | 1,317 |
Variable lease cost |  | (2) |  |  | 74,476 |
Sublease income |  | Revenue |  |  | (3,734 | )
Total lease cost |  |  |  | $ | 292,246 |
(1) | Amortization costs of $25.5 million from vehicle finance leases utilized in client outsourcing arrangements are included in cost of revenue. Amortization costs of $5.6 million from all other finance leases are included in depreciation and amortization.
(2) | Variable lease costs of $17.5 million from leases in client outsourcing arrangements are included in cost of revenue. Variable lease costs of $57.0 million from all other leases are included in operating, administrative and other.
Schedule of Weighted Average Remaining Lease Term and Discount Rate for Operating Leases | Weighted average remaining lease term and discount rate for our operating leases are as follows:
|  | December 31, 2019 |
Weighted-average remaining lease term: |  |  |  |
Operating leases |  | 9 years |
Finance leases |  | 3 years |
Weighted-average discount rate: |  |  |  |
Operating leases |  | 3.4% |
Finance leases |  | 2.3% |
Schedule of Maturities of Lease Liabilities | Maturities of lease liabilities by fiscal year as of December 31, 2019 are as follows (dollars in thousands):
|  | Operating Leases |  |  | Financing Leases |
2020 |  | $ | 175,958 |  |  | $ | 35,532 |
2021 |  |  | 200,043 |  |  |  | 27,314 |
2022 |  |  | 178,314 |  |  |  | 19,264 |
2023 |  |  | 160,300 |  |  |  | 12,303 |
2024 |  |  | 148,681 |  |  |  | 4,628 |
Thereafter |  |  | 569,360 |  |  |  | — |
Total remaining lease payments at December 31, 2019 |  | $ | 1,432,656 |  |  | $ | 99,041 |
Less: Interest |  |  | 206,235 |  |  |  | 4,074 |
Present value of lease liabilities at December 31, 2019 |  | $ | 1,226,421 |  |  | $ | 94,967 |
Schedule by Year of Future Minimum Lease Payments for Noncancelable Operating Leases | As previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2018 and under the previous lease accounting standard, the following is a schedule by year of future minimum lease payments for noncancelable operating leases as of December 31, 2018 (dollars in thousands):
2019 |  | $ | 238,954 |
2020 |  |  | 219,351 |
2021 |  |  | 202,205 |
2022 |  |  | 172,267 |
2023 |  |  | 145,705 |
Thereafter |  |  | 510,741 |
Total minimum payment required |  | $ | 1,489,223 |
Supplemental Cash Flow Information and Non-Cash Activity Related to Operating Leases | Supplemental cash flow information and non-cash activity related to our operating leases are as follows (dollars in thousands):
|  | Year Ended December 31, 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 167,652 |
Operating cash flows from financing leases |  |  | 1,559 |
Financing cash flows from financing leases |  |  | 32,352 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 168,972 |
Right-of-use assets obtained in exchange for new financing lease liabilities |  |  | 63,041 |
Other non-cash increases in operating lease right-of-use assets (1) |  |  | 47,851 |
Other non-cash decreases in finance lease right-of-use assets (1) |  |  | (1,826 | )
(1) | These noncash increases in right-of-use assets resulted from lease modifications and remeasurements.

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