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Leases, Supplemental Lease Liability (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Lease, Cost | The following table summarizes the Company’s classification of lease cost (in thousands):
|  |  |  | Fiscal Year Ended
|  | Statement of Income Location |  | December 31, 2022 |  | December 25, 2021
Finance lease cost: |  |  |  |  |  |
Amortization of lease assets |  | Depreciation and amortization |  | $ | 3,351 |  |  | $ | 5,085 |
Interest on lease liabilities |  | Interest expense, net |  | 1,787 |  |  | 1,740 |
Operating lease cost |  | Selling, general and administrative expenses |  | 434,313 |  |  | 400,908 |
Variable lease cost |  | Selling, general and administrative expenses |  | 89,026 |  |  | 79,479 |
Net lease cost |  |  |  | $ | 528,477 |  |  | $ | 487,212 |
Lessee, Operating Lease, Liability, Maturity | The following table summarizes the future maturities of the Company’s lease liabilities (in thousands):
|  | Operating Leases (a) |  | Finance Leases |  | Total
2023 |  | $ | 453,562 |  |  | $ | 4,808 |  |  | $ | 458,370 |
2024 |  | 436,059 |  |  | 4,823 |  |  | 440,882 |
2025 |  | 412,422 |  | 4,750 |  | 417,172
2026 |  | 379,691 |  | 4,720 |  | 384,411
2027 |  | 342,620 |  | 4,802 |  | 347,422
After 2027 |  | 1,675,592 |  | 22,816 |  | 1,698,408
Total lease payments |  | 3,699,946 |  | 46,719 |  | 3,746,665
Less: Interest |  | (632,534) |  |  | (8,889) |  |  | (641,423) |
Present value of lease liabilities |  | $ | 3,067,412 |  |  | $ | 37,830 |  |  | $ | 3,105,242 |
(a) Operating lease payments exclude $289.1 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Cash Flow, Supplemental Disclosures | The following table summarizes the other information related to the Company’s lease liabilities (in thousands):
|  | Fiscal Year Ended
|  | December 31, 2022 |  | December 25, 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Financing cash flows used for finance leases |  | $ | 4,057 |  |  | $ | 4,580 |
Operating cash flows used for finance leases |  | 1,787 |  |  | 1,740 |
Operating cash flows for operating leases |  | 430,396 |  |  | 404,864 |
Lessee, Operating Lease, Terms and Discount Rate | The following table summarizes the Company’s lease term and discount rate:
|  | December 31, 2022 |  | December 25, 2021
Weighted-average remaining lease term (years): |  |  |  |
Finance leases |  | 10.1 |  | 10.5
Operating leases |  | 10.1 |  | 10.0
Weighted-average discount rate: |  |  |  |
Finance leases |  | 4.6 | % |  | 4.8 | %
Operating leases |  | 3.8 | % |  | 3.6 | %

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- Definition Lessee, Operating Lease, Terms and Discount Rate + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
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