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Leases (Tables)

6 Months Ended

Jun. 30, 2019

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

Schedule of Supplemental Balance Sheet Information Related to Leases [Table Text Block]

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.

Schedule of Weighted Average Remaining Lease Term and Discount Rate [Table Text Block]



	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 Finance Lease Liabilities [Table Text Block]

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

Maturities of Operating Lease Liabilities [Table Text Block]

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

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

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 [Table Text Block]

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