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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease costs The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the years ended December 31, 2022, 2021 and 2020 (dollars in thousands).
Year Ended December 31,
Description202220212020
  Operating lease cost (1)$117,750 $130,383 $140,829 
  Variable lease cost (2)15,209 17,940 17,463 
  Sublease income(46,698)(42,801)(38,925)
  Total lease cost, net (3) (4)$86,261 $105,522 $119,367 
  Cash paid for amounts included in the measurement of operating lease
  liabilities
$137,399 $140,571 $137,790 
  Cash receipts from sublease arrangements$46,159 $42,374 $38,565 
  Right-of-use assets obtained in exchange for new operating lease liabilities$20,597 $33,113 $27,258 
As of December 31,202220212020
  Weighted average remaining lease term for operating leases (in years)7.98.79.6
  Weighted average discount rate for operating leases6.6 %6.5 %6.6 %
(1)Included in operating lease cost was $41.9 million, $42.3 million and $42.2 million of costs for subleasing activities during 2022, 2021, and 2020 respectively.
(2)These amounts are primarily variable lease and nonlease costs that were not fixed at the lease commencement date or are dependent on something other than an index or a rate.
(3)The Company did not capitalize any initial direct costs for operating leases during 2022, 2021, or 2020.
(4)Amount excludes impairment charges of $54.0 million and $49.5 million, for the years ended December 31, 2022 and 2021, respectively, as discussed below.
Operating lease maturity schedule As of December 31, 2022, the (i) maturities of operating lease liabilities under non-cancelable arrangements and (ii) estimated future sublease cash receipts from non-cancelable arrangements were as follows (in thousands):
OperatingSublease
LeaseCash
Period ending December 31,PaymentsReceipts
2023$142,251 $52,286 
2024130,395 42,906 
2025114,233 43,226 
2026111,257 44,008 
2027107,228 44,889 
Thereafter299,612 25,022 
Total future minimum operating lease payments and estimated sublease cash receipts (1)904,976 $252,337 
Imputed interest(207,992)
Total operating lease liabilities per the Consolidated Balance Sheet$696,984 
(1)Approximately 80% of the operating lease payments pertain to properties in the United States.
Supplemental balance sheet information
The table below indicates where the discounted operating lease payments from the above table are classified in the Consolidated Balance Sheet (in thousands).
December 31,
Description20222021
Accounts payable and accrued liabilities$99,717 $89,754 
Operating lease liabilities597,267 697,766 
Total operating lease liabilities per the Consolidated Balance Sheet$696,984 $787,520