LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Lease Assets and Lease Liabilities

As of March 31, 2019 and January 1, 2019, right-of-use assets and lease liabilities consisted of the following (in thousands):



	Balance Sheet Location	March 31, 2019		January 1, 2019



Assets:
Operating lease right-of-use assets⁽¹⁾	Other noncurrent assets	$	225,300	$	235,979

Liabilities:
Operating lease liabilities (current)	Accounts payable and accrued liabilities	$	36,394	$	37,339
Operating lease liabilities (noncurrent)	Other noncurrent liabilities	230,260		236,697
Total operating lease liabilities		$	266,654	$	274,036

⁽¹⁾Approximately 90% of our operating lease right-of-use assets are located in the United States.

Schedule of Maturities of Lease Liabilities

As of March 31, 2019, maturities of lease liabilities were as follows (in thousands):



Year ending December 31,
2019	$	38,514
2020	43,533
2021	34,784
2022	31,883
2023	27,914
2024	26,323
2025 and thereafter	145,594
Total lease payments⁽¹⁾	348,545
Imputed interest	(81,891		)
Total operating lease liabilities	$	266,654

⁽¹⁾Total lease payments do not include approximately $81 million for operating leases that had not yet commenced at March 31, 2019. We expect the lease commencement date for these leases to occur later in 2019 and in 2020.

Schedule of Future Minimum Payments for Noncancelable Operating Leases

Future minimum payments at December 31, 2018 for noncancelable operating leases were as follows (in thousands):



Year ending December 31:
2019	$	50,095
2020	47,700
2021	40,035
2022	37,055
2023	33,298
2024 and thereafter	225,225
Total future minimum payments⁽¹⁾	$	433,408

⁽¹⁾Future minimum lease payments include approximately $70 million for operating leases that had not commenced at December 31, 2018.