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Leases (Tables)

6 Months Ended

Mar. 31, 2020

Leases

Schedule of components of lease expenses


		Three Months Ended			Six Months Ended
		March 31, 2020			March 31, 2020
		(in millions)
Operating lease cost		$	48.8		$	95.4
Finance lease cost
Amortization of right-of-use assets			5.1			9.7
Interest on lease liabilities			0.5			1.0
Variable lease cost			8.8			18.3
Short-term lease cost			2.4			5.8
Total lease cost		$	65.6		$	130.2

Schedule of additional balance sheet information related to leases


(in millions except as noted)		Balance Sheet Classification		March 31, 2020
Assets:
Operating lease assets		Operating lease right-of-use assets		$	648.6
Finance lease assets		Property and equipment – net			52.5
Total lease assets				$	701.1

Liabilities:
Current:
Operating lease liabilities		Accrued expenses and other current liabilities		$	168.7
Finance lease liabilities		Current portion of long-term debt			19.5
Total current lease liabilities					188.2
Non-current:
Operating lease liabilities		Operating lease liabilities, noncurrent			738.0
Finance lease liabilities		Long-term debt			41.6
Total non-current lease liabilities				$	779.6


		March 31, 2020
Weighted average remaining lease term (in years):
Operating leases		7.5
Finance leases		3.1
Weighted average discount rates:
Operating leases		4.6	%
Finance leases		4.3	%

Schedule of additional cash flow information related to leases


		Six Months Ended
		March 31, 2020
		(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	110.0
Operating cash flows from finance leases			1.0
Financing cash flows from finance leases			8.8
Right-of-use assets obtained in exchange for new operating leases			55.7
Right-of-use assets obtained in exchange for new finance leases			13.5

Schedule of total remaining lease payments under the Company's operating and Finance leases


		Operating Leases			Finance Leases
Fiscal Year		(in millions)
2020 (six months remaining)		$	108.2		$	11.3
2021			189.0			21.4
2022			159.0			17.9
2023			125.8			11.5
2024			102.0			3.7
Thereafter			397.9			1.6
Total lease payments		$	1,081.9		$	67.4
Less: Amounts representing interest		$	(175.2)		$	(6.3)
Total lease liabilities		$	906.7		$	61.1