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Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases Leases:
We lease real estate, vehicles, and equipment under operating and finance leases with non-cancelable terms generally expiring at various dates through 2039. 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):
For the Year Ended December 31,
202420232022
Operating lease cost $41.7 $40.9 $38.7 
Finance lease cost:
Amortization of right-of-use assets25.7 25.7 27.5 
Interest on lease liabilities24.7 26.2 29.0 
Total finance lease cost50.4 51.9 56.5 
Short-term and variable lease cost2.3 2.9 5.2 
Sublease income(3.1)(3.3)(2.9)
Total lease cost$91.3 $92.4 $97.5 
Supplemental consolidated balance sheet information related to leases is as follows (in millions):
As of December 31,
Classification20242023
Assets
Operating leaseOperating lease right-of-use assets$203.7 $208.5 
Finance lease (1)
Property and equipment, net221.5 247.2 
Total leased assets$425.2 $455.7 
Liabilities
Current liabilities:
Operating leaseCurrent operating lease liabilities$26.3 $24.1 
Finance leaseCurrent portion of long-term debt23.7 21.6 
Noncurrent liabilities:
Operating leaseLong-term operating lease liabilities189.7 196.1 
Finance leaseLong-term debt, net of current portion294.7 318.5 
Total leased liabilities$534.4 $560.3 
(1)    Finance lease assets are recorded net of accumulated amortization of $197.3 million and $171.6 million as of December 31, 2024 and 2023, respectively.
As of December 31,
20242023
Weighted Average Remaining Lease Term
Operating lease9.7 years9.5 years
Finance lease9.8 years10.7 years
Weighted Average Discount Rate
Operating lease6.4 %6.3 %
Finance lease7.7 %7.7 %
Maturities of lease liabilities as of December 31, 2024 are as follows (in millions):
Year Ending December 31,Operating LeasesFinance
Leases
2025$38.9 $46.7 
202639.6 47.9 
202737.7 47.4 
202836.7 46.4 
202922.4 47.3 
2030 and thereafter121.5 222.9 
Total lease payments296.8 458.6 
Less: Interest portion(80.8)(140.2)
Total lease liabilities$216.0 $318.4 
Supplemental cash flow information related to our leases is as follows (in millions):
For the Year Ended December 31,
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$40.7 $39.0 $40.5 
Operating cash flows from finance leases25.5 27.1 29.7 
Financing cash flows from finance leases21.8 41.1 19.2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$26.7 $26.2 $48.7 
Finance leases— 21.4 1.0 
Leases Leases:
We lease real estate, vehicles, and equipment under operating and finance leases with non-cancelable terms generally expiring at various dates through 2039. 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):
For the Year Ended December 31,
202420232022
Operating lease cost $41.7 $40.9 $38.7 
Finance lease cost:
Amortization of right-of-use assets25.7 25.7 27.5 
Interest on lease liabilities24.7 26.2 29.0 
Total finance lease cost50.4 51.9 56.5 
Short-term and variable lease cost2.3 2.9 5.2 
Sublease income(3.1)(3.3)(2.9)
Total lease cost$91.3 $92.4 $97.5 
Supplemental consolidated balance sheet information related to leases is as follows (in millions):
As of December 31,
Classification20242023
Assets
Operating leaseOperating lease right-of-use assets$203.7 $208.5 
Finance lease (1)
Property and equipment, net221.5 247.2 
Total leased assets$425.2 $455.7 
Liabilities
Current liabilities:
Operating leaseCurrent operating lease liabilities$26.3 $24.1 
Finance leaseCurrent portion of long-term debt23.7 21.6 
Noncurrent liabilities:
Operating leaseLong-term operating lease liabilities189.7 196.1 
Finance leaseLong-term debt, net of current portion294.7 318.5 
Total leased liabilities$534.4 $560.3 
(1)    Finance lease assets are recorded net of accumulated amortization of $197.3 million and $171.6 million as of December 31, 2024 and 2023, respectively.
As of December 31,
20242023
Weighted Average Remaining Lease Term
Operating lease9.7 years9.5 years
Finance lease9.8 years10.7 years
Weighted Average Discount Rate
Operating lease6.4 %6.3 %
Finance lease7.7 %7.7 %
Maturities of lease liabilities as of December 31, 2024 are as follows (in millions):
Year Ending December 31,Operating LeasesFinance
Leases
2025$38.9 $46.7 
202639.6 47.9 
202737.7 47.4 
202836.7 46.4 
202922.4 47.3 
2030 and thereafter121.5 222.9 
Total lease payments296.8 458.6 
Less: Interest portion(80.8)(140.2)
Total lease liabilities$216.0 $318.4 
Supplemental cash flow information related to our leases is as follows (in millions):
For the Year Ended December 31,
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$40.7 $39.0 $40.5 
Operating cash flows from finance leases25.5 27.1 29.7 
Financing cash flows from finance leases21.8 41.1 19.2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$26.7 $26.2 $48.7 
Finance leases— 21.4 1.0