Leases

3 Months Ended

Mar. 31, 2021

We are the lessee in contracts for our office space tenancies, for leased vehicles and for our wholly-owned subsidiary Hana. These arrangements account for the significant portion of our lease liabilities and right-of-use assets. We monitor our service arrangements to evaluate whether they meet the definition of a lease.

Supplemental balance sheet information related to our leases is as follows (dollars in thousands):


Category	Classification	March 31, 2021		December 31, 2020
Assets
Operating	Operating lease assets	$	1,000,729	$	1,020,352
Financing	Other assets, net	114,503		117,805
Total leased assets		$	1,115,232	$	1,138,157
Liabilities
Current:
Operating	Operating lease liabilities	$	206,772	$	208,526
Financing	Other current liabilities	35,896		39,298
Non-current:
Operating	Non-current operating lease liabilities	1,090,740		1,116,795
Financing	Other liabilities	78,473		78,881
Total lease liabilities		$	1,411,881	$	1,443,500

Supplemental cash flow information and non-cash activity related to our operating and finance leases are as follows (dollars in thousands):


	Three Months Ended March 31,
	2021		2020
Right-of-use assets obtained in exchange for new operating lease liabilities	$	24,214	$	61,310
Right-of-use assets obtained in exchange for new financing lease liabilities	10,448		14,683
Other non-cash increases in operating lease right-of-use assets (1)	5,940		6,888
Other non-cash decreases in financing lease right-of-use assets (1)	(1,563)		(517)

_______________________________

(1)The non-cash activity in the right-of-use assets resulted from lease modifications and remeasurements.

Leases

Supplemental balance sheet information related to our leases is as follows (dollars in thousands):


Category	Classification	March 31, 2021		December 31, 2020
Assets
Operating	Operating lease assets	$	1,000,729	$	1,020,352
Financing	Other assets, net	114,503		117,805
Total leased assets		$	1,115,232	$	1,138,157
Liabilities
Current:
Operating	Operating lease liabilities	$	206,772	$	208,526
Financing	Other current liabilities	35,896		39,298
Non-current:
Operating	Non-current operating lease liabilities	1,090,740		1,116,795
Financing	Other liabilities	78,473		78,881
Total lease liabilities		$	1,411,881	$	1,443,500

Supplemental cash flow information and non-cash activity related to our operating and finance leases are as follows (dollars in thousands):


	Three Months Ended March 31,
	2021		2020
Right-of-use assets obtained in exchange for new operating lease liabilities	$	24,214	$	61,310
Right-of-use assets obtained in exchange for new financing lease liabilities	10,448		14,683
Other non-cash increases in operating lease right-of-use assets (1)	5,940		6,888
Other non-cash decreases in financing lease right-of-use assets (1)	(1,563)		(517)

_______________________________

(1)The non-cash activity in the right-of-use assets resulted from lease modifications and remeasurements