XML 40 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases [Text Block]
9. Leases

The Company's leases primarily consist of operating leases for real estate and equipment and have remaining terms of up to 18 years. Total lease costs for operating leases were $169.0 million, $148.4 million and $126.3 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The following table summarizes details for the Company's operating leases recorded on the consolidated balance sheets.

December 31,
(dollars in thousands)20242023
Right-of-use lease assets$681,405 $628,833 
Lease liabilities $723,924 $657,217 
Weighted average remaining lease term9.0 years9.8 years
Weighted average discount rate4.3 %5.2 %

During the years ended December 31, 2024, 2023 and 2022, the Company obtained operating right-of-use lease assets of $111.3 million, $130.2 million and $64.4 million, respectively, in exchange for operating lease obligations.

The following table summarizes maturities of the Company's operating lease liabilities as of December 31, 2024, which reconciles to total operating lease liabilities included in other liabilities on the Company's consolidated balance sheet.

Years Ending December 31,(dollars in thousands)
2025$130,943 
2026116,324 
2027100,927 
202888,473 
202977,206 
2030 and thereafter368,468 
Total lease payments882,341 
Less imputed interest(158,417)
Total operating lease liabilities$723,924