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Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease costs are as follows (in millions):



	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Operating lease cost	$	19.0		$	54.8
Finance lease cost:
Amortization of right-of-use assets	7.5			22.7
Interest on lease liabilities	7.2			22.0
Total finance lease cost	14.7			44.7
Short-term and variable lease cost	0.8			1.2
Sublease income	(0.9		)	(2.4		)
Total lease cost	$	33.6		$	98.3

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 September 30, 2019
Assets
Operating lease	Operating lease right-of-use assets	$	311.4
Finance lease ⁽¹⁾	Property and equipment, net	316.0
Total leased assets		$	627.4

Liabilities
Current liabilities:
Operating lease	Current operating lease liabilities	$	44.9
Finance lease	Current portion of long-term debt	19.0
Noncurrent liabilities:
Operating lease	Long-term operating lease liabilities	273.4
Finance lease	Long-term debt, net of current portion	344.8
Total leased liabilities		$	682.1

⁽¹⁾

Finance lease assets are recorded net of accumulated amortization of $91.7 million as of September 30, 2019.

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



	As of September 30, 2019
Weighted Average Remaining Lease Term
Operating lease	8.8 years
Finance lease	13.8 years
Weighted Average Discount Rate
Operating lease	6.0	%
Finance lease	8.1	%

Maturities of Finance Lease Liabilities [Table Text Block]

Maturities of lease liabilities as of September 30, 2019 are as follows (in millions):



	Operating Leases			Finance Leases
October 1 through December 31, 2019	$	13.1		$	11.7
2020	64.4			47.6
2021	56.5			45.6
2022	48.4			42.1
2023	43.8			41.8
2024	37.6			41.2
2025 and Thereafter	162.6			391.5
Total lease payments	426.4			621.5
Less: Interest portion	(108.1		)	(257.7		)
Total lease liabilities	$	318.3		$	363.8

Maturities of Operating Lease Liabilities [Table Text Block]

Maturities of lease liabilities as of September 30, 2019 are as follows (in millions):



	Operating Leases			Finance Leases
October 1 through December 31, 2019	$	13.1		$	11.7
2020	64.4			47.6
2021	56.5			45.6
2022	48.4			42.1
2023	43.8			41.8
2024	37.6			41.2
2025 and Thereafter	162.6			391.5
Total lease payments	426.4			621.5
Less: Interest portion	(108.1		)	(257.7		)
Total lease liabilities	$	318.3		$	363.8

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):



	Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	54.4
Operating cash flows from finance leases	22.2
Financing cash flows from finance leases	14.2

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	55.4
Finance leases	8.6