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Leases | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Leases | 7. Leases The Company's ROU assets and lease liabilities are discussed in detail in Note 1 — Description of Business and Summary of Significant Accounting Policies. The components of lease costs were as follows:
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Operating Lease Costs: |  |  |  |  |
Fixed | $ | 61,464 |  |  | $ | 57,409 |  |  | $ | 52,303 |
Variable | 8,890 |  |  | 8,243 |  |  | 7,433 |
Short-term | 20,564 |  |  | 20,550 |  |  | 20,291 |
Total(1) | $ | 90,918 |  |  | $ | 86,202 |  |  | $ | 80,027 |
(1) Finance lease cost and sublease income were immaterial. Supplemental cash flow information related to leases were as follows:
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows for operating leases | $ | 63,093 |  |  | $ | 57,607 |  |  | $ | 52,973 |
Operating cash flows for finance leases | 443 |  |  | 318 |  |  | 335 |
Financing cash flows for finance leases | 4,316 |  |  | 3,231 |  |  | 2,917 |
Total | $ | 67,852 |  |  | $ | 61,156 |  |  | $ | 56,225 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | $ | 49,021 |  |  | $ | 50,997 |  |  | $ | 55,916 |
Financing leases | 4,469 |  |  | 3,539 |  |  | 3,149 |
Total | $ | 53,490 |  |  | $ | 54,536 |  |  | $ | 59,065 |
Supplemental balance sheet information related to leases were as follows:
| December 31, 2024 |  | December 31, 2023
Operating Leases |  |  |
Right-of-use assets: |  |  |
Other assets and deferred charges | $ | 208,379 |  |  | $ | 206,802 |
Lease liabilities: |  |  |
Other accrued expenses | $ | 49,646 |  |  | $ | 47,973 |
Other liabilities | 174,905 |  |  | 170,822 |
Total operating lease liabilities | $ | 224,551 |  |  | $ | 218,795 |
Finance Leases |  |  |
Right-of-use assets: |  |  |
Property, plant and equipment, net (1) | $ | 9,044 |  |  | $ | 7,987 |
Lease liabilities: |  |  |
Other accrued expenses | $ | 3,543 |  |  | $ | 3,065 |
Other liabilities | 5,603 |  |  | 5,896 |
Total finance lease liabilities | $ | 9,146 |  |  | $ | 8,961 |
(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $12,378 and $10,206 for the years ended December 31, 2024 and December 31, 2023, respectively. The aggregate future lease payments for operating and finance leases as of December 31, 2024 were as follows:
| Operating |  | Finance
2025 | $ | 57,586 |  |  | $ | 4,356 |
2026 | 45,225 |  |  | 3,687 |
2027 | 38,118 |  |  | 1,646 |
2028 | 30,332 |  |  | 516 |
2029 | 21,623 |  |  | 131 |
Thereafter | 70,820 |  |  | 61 |
Total lease payments | 263,704 |  |  | 10,397 |
Less interest | (39,153) |  |  | (1,251) |
Present value of lease liabilities | $ | 224,551 |  |  | $ | 9,146 |
Average lease terms and discount rates were as follows:
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022
Weighted-average remaining lease term (years) |  |  |  |  |
Operating leases | 6.9 |  | 7.2 |  | 7.8
Finance leases | 2.7 |  | 3.0 |  | 3.6
Weighted-average discount rate |  |  |  |  |
Operating leases | 4.1 | % |  | 4.0 | % |  | 3.5 | %
Finance leases | 4.2 | % |  | 3.9 | % |  | 3.4 | %
Leases | 7. Leases The Company's ROU assets and lease liabilities are discussed in detail in Note 1 — Description of Business and Summary of Significant Accounting Policies. The components of lease costs were as follows:
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Operating Lease Costs: |  |  |  |  |
Fixed | $ | 61,464 |  |  | $ | 57,409 |  |  | $ | 52,303 |
Variable | 8,890 |  |  | 8,243 |  |  | 7,433 |
Short-term | 20,564 |  |  | 20,550 |  |  | 20,291 |
Total(1) | $ | 90,918 |  |  | $ | 86,202 |  |  | $ | 80,027 |
(1) Finance lease cost and sublease income were immaterial. Supplemental cash flow information related to leases were as follows:
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows for operating leases | $ | 63,093 |  |  | $ | 57,607 |  |  | $ | 52,973 |
Operating cash flows for finance leases | 443 |  |  | 318 |  |  | 335 |
Financing cash flows for finance leases | 4,316 |  |  | 3,231 |  |  | 2,917 |
Total | $ | 67,852 |  |  | $ | 61,156 |  |  | $ | 56,225 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | $ | 49,021 |  |  | $ | 50,997 |  |  | $ | 55,916 |
Financing leases | 4,469 |  |  | 3,539 |  |  | 3,149 |
Total | $ | 53,490 |  |  | $ | 54,536 |  |  | $ | 59,065 |
Supplemental balance sheet information related to leases were as follows:
| December 31, 2024 |  | December 31, 2023
Operating Leases |  |  |
Right-of-use assets: |  |  |
Other assets and deferred charges | $ | 208,379 |  |  | $ | 206,802 |
Lease liabilities: |  |  |
Other accrued expenses | $ | 49,646 |  |  | $ | 47,973 |
Other liabilities | 174,905 |  |  | 170,822 |
Total operating lease liabilities | $ | 224,551 |  |  | $ | 218,795 |
Finance Leases |  |  |
Right-of-use assets: |  |  |
Property, plant and equipment, net (1) | $ | 9,044 |  |  | $ | 7,987 |
Lease liabilities: |  |  |
Other accrued expenses | $ | 3,543 |  |  | $ | 3,065 |
Other liabilities | 5,603 |  |  | 5,896 |
Total finance lease liabilities | $ | 9,146 |  |  | $ | 8,961 |
(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $12,378 and $10,206 for the years ended December 31, 2024 and December 31, 2023, respectively. The aggregate future lease payments for operating and finance leases as of December 31, 2024 were as follows:
| Operating |  | Finance
2025 | $ | 57,586 |  |  | $ | 4,356 |
2026 | 45,225 |  |  | 3,687 |
2027 | 38,118 |  |  | 1,646 |
2028 | 30,332 |  |  | 516 |
2029 | 21,623 |  |  | 131 |
Thereafter | 70,820 |  |  | 61 |
Total lease payments | 263,704 |  |  | 10,397 |
Less interest | (39,153) |  |  | (1,251) |
Present value of lease liabilities | $ | 224,551 |  |  | $ | 9,146 |
Average lease terms and discount rates were as follows:
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022
Weighted-average remaining lease term (years) |  |  |  |  |
Operating leases | 6.9 |  | 7.2 |  | 7.8
Finance leases | 2.7 |  | 3.0 |  | 3.6
Weighted-average discount rate |  |  |  |  |
Operating leases | 4.1 | % |  | 4.0 | % |  | 3.5 | %
Finance leases | 4.2 | % |  | 3.9 | % |  | 3.4 | %

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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