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Leases Leases | 6 Months Ended
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Jun. 30, 2019
Leases [Abstract] |
Leases of Lessee Disclosure | Leases We lease real estate, vehicles, and equipment under operating and finance leases with non-canceable terms generally expiring at various dates through 2037. Our operating and finance leases generally have 1- to 25-year terms, with one or more renewal options, primarily relating to our real estate leases, with terms to be determined at the time of renewal. The exercise of such lease renewal options is at our sole discretion, and to the extent we are reasonably certain we will exercise a renewal option, the years related to that option are included in our determination of the lease term for purposes of classifying and measuring a given lease. Certain leases also include options to purchase the leased property. The components of lease costs are as follows (in millions):
|  | Three Months Ended June 30, 2019 |  | Six Months Ended June 30, 2019
Operating lease cost |  | $ | 18.3 |  |  | $ | 35.8 |
Finance lease cost: |  |  |  |
Amortization of right-of-use assets |  | 7.9 |  |  | 15.8 |
Interest on lease liabilities |  | 8.1 |  |  | 16.2 |
Total finance lease cost |  | 16.0 |  |  | 32.0 |
Short-term and variable lease cost |  | 0.1 |  |  | 0.4 |
Sublease income |  | (0.7 | ) |  | (1.5 | )
Total lease cost |  | $ | 33.7 |  |  | $ | 66.7 |
Supplemental condensed consolidated balance sheet information related to leases is as follows (in millions):
|  | Classification |  | As of June 30, 2019
Assets |  |  |  |
Operating lease |  | Operating lease right-of-use assets |  | $ | 284.4 |
Finance lease (1) |  | Property and equipment, net |  | 337.3 |
Total leased assets |  |  |  | $ | 621.7 |
Liabilities |  |  |  |  |
Current liabilities: |  |  |  |
Operating lease |  | Current operating lease liabilities |  | $ | 45.2 |
Finance lease |  | Current portion of long-term debt |  | 18.5 |
Noncurrent liabilities: |  |  |  |
Operating lease |  | Long-term operating lease liabilities |  | 245.8 |
Finance lease |  | Long-term debt, net of current portion |  | 376.7 |
Total leased liabilities |  |  |  | $ | 686.2 |
(1) | Finance lease assets are recorded net of accumulated amortization of $94.8 million as of June 30, 2019.
|  | As of June 30, 2019
Weighted Average Remaining Lease Term |  |
Operating lease |  | 8.8 years |
Finance lease |  | 13.3 years |
Weighted Average Discount Rate |  |
Operating lease |  | 6.2 | %
Finance lease |  | 8.2 | %
Maturities of lease liabilities as of June 30, 2019 are as follows (in millions):
|  | Operating Leases |  | Finance Leases
July 1 through December 31, 2019 |  | $ | 29.9 |  |  | $ | 25.0 |
2020 |  | 60.8 |  |  | 49.9 |
2021 |  | 53.3 |  |  | 48.1 |
2022 |  | 43.1 |  |  | 56.7 |
2023 |  | 37.7 |  |  | 43.5 |
2024 |  | 31.7 |  |  | 58.1 |
2025 and Thereafter |  | 136.3 |  |  | 391.6 |
Total lease payments |  | 392.8 |  |  | 672.9 |
Less: Interest portion |  | (101.8 | ) |  | (277.7 | )
Total lease liabilities |  | $ | 291.0 |  |  | $ | 395.2 |
Future minimum lease payments at December 31, 2018, for those leases having an initial or remaining noncancelable lease term in excess of one year, are as follows (in millions):
Year Ending December 31, |  | Operating Leases |  | Capital Lease Obligations
2019 |  | $ | 71.4 |  |  | $ | 36.2 |
2020 |  | 65.8 |  |  | 32.3 |
2021 |  | 54.3 |  |  | 30.3 |
2022 |  | 41.0 |  |  | 28.7 |
2023 |  | 35.3 |  |  | 28.0 |
2024 and Thereafter |  | 148.2 |  |  | 299.7 |
|  | $ | 416.0 |  |  | 455.2 |
Less: Interest portion |  |  |  |  | (191.4 | )
Obligations under capital leases |  |  |  |  | $ | 263.8 |
Supplemental cash flow information related to our leases is as follows (in millions):
|  | Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating cash flows from operating leases |  | $ | 37.4 |
Operating cash flows from finance leases |  | 16.4 |
Financing cash flows from finance leases |  | 9.3 |
Right-of-use assets obtained in exchange for lease obligations: |  |
Operating leases |  | $ | 20.1 |
Finance leases |  | 7.1 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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