Leases and Other Finance Obligations (Table)

12 Months Ended

Dec. 31, 2021

Right-of-use assets and lease liabilities consisted of the following as of December 31:

	2021		2020
	(in thousands)
Assets
Operating lease right-of-use assets, net	$	457,833	$	274,562
Finance lease right-of-use assets, net (included in property, plant and equipment, net)		4,111		34,905
Total right-of-use assets	$	461,944	$	309,467
Liabilities
Current
Current portion of operating lease liabilities	$	96,680	$	61,625
Current portion of finance lease liabilities (included in current maturities of long-term debt)		1,439		12,178
Noncurrent
Noncurrent portion of operating lease liabilities		375,289		219,239
Noncurrent portion of finance lease liabilities (included in long-term debt, net of current maturities)		2,348		11,695
Total lease liabilities	$	475,756	$	304,737

Total lease costs consisted of the following for the years ended December 31:


	2021		2020
	(in thousands)
Operating lease costs (1)	$	133,009	$	85,798
Finance lease costs:
Amortization of finance lease right-of-use assets		2,166		6,325
Interest on finance lease liabilities		360		1,424
Variable lease costs		27,276		17,607
Total lease costs	$	162,811	$	111,154

(1)	Includes short-term lease costs and sublease income which were not material for either period.

Future maturities of lease liabilities as of December 31, 2021 were as follows:

	Finance Leases			Operating Leases
	(in thousands)
2022	$	1,570		$	115,675
2023		1,337			102,699
2024		480			85,724
2025		257			62,585
2026		128			50,872
Thereafter		309			142,084
Total lease payments		4,081			559,639
Less: amount representing interest		(294	)		(87,670	)
Present value of lease liabilities		3,787			471,969
Less: current portion		(1,439	)		(96,680	)
Long-term lease liabilities, net of current portion	$	2,348		$	375,289

Weighted average lease terms and discount rates as of December 31 were as follows:

	2021			2020
Weighted average remaining lease term (years)
Operating leases		6.3			6.3
Finance leases		3.4			2.1
Weighted average discount rate
Operating leases		5.3	%		6.3	%
Finance leases		4.4	%		5.9	%

The following table presents cash paid for amounts included in the measurement of lease liabilities for the years ended December 31:

	2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	118,314	$	82,559
Operating cash flows from finance leases		360		1,424
Financing cash flows from finance leases		2,709		13,409

Future maturities for other finance obligations as of December 31, 2021 were as follows (in thousands):