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Leases (Tables) | 3 Months Ended
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Mar. 31, 2019
Leases |
Summary of net operating lease cost |
|  | Three Months Ended
|  | March 31, 2019
Lease Cost |  |  |
Operating lease cost (1) |  | $ | 63.5
Sublease income |  |  | (5.4)
Total lease cost |  | $ | 58.1
| (1) |  | Includes short-term leases and variable lease costs, which are immaterial.
Summary of supplemental cash flow information related to operating leases and weighted average remaining lease term and discount rate of leases |
|  | Three Months Ended
|  | March 31, 2019
Other Information |  |  |
Gains on sale and leaseback transactions, net |  | $ | (0.2)
Cash paid for amounts included in the measurement of lease liabilities |  |  |
Operating cash flows from operating leases |  |  | 59.7
Right-of-use assets obtained in exchange for operating lease liabilities |  |  | —
Lease Term and Discount Rate |  |  |
Weighted-average remaining lease term - operating leases |  |  | 27 years
Weighted-average discount rate - operating leases |  |  | 6.6%
Schedule of maturity of lease liabilities |
Maturity of Lease Liabilities |  |  |
2019 (1) |  | $ | 242.2
2020 |  |  | 239.5
2021 |  |  | 233.1
2022 |  |  | 229.6
2023 |  |  | 223.3
2024 |  |  | 217.8
2025 and thereafter |  |  | 4,269.5
Total future minimum lease payments |  | $ | 5,655.0
Less: Imputed interest |  |  | (3,187.9)
Present value of future minimum lease payments |  | $ | 2,467.1
Current operating lease liabilities (2) |  | $ | 88.9
Long-term operating lease liabilities |  |  | 2,378.2
Total operating lease liabilities |  | $ | 2,467.1
| (1) |  | Excludes the three months ended March 31, 2019.
| (2) |  | Included within “Accrued expenses and other current liabilities” on Consolidated Condensed Balance Sheet as of March 31, 2019.
Minimum future rental payments required under operating leases in effect as of December 31, 2018 are as follows:
2019 |  | $ | 222.5 |
2020 |  |  | 220.5 |
2021 |  |  | 217.4 |
2022 |  |  | 216.0 |
2023 |  |  | 212.0 |
2024 and thereafter |  |  | 4,344.4 |
|  | $ | 5,432.8 |

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- Definition Tabular disclosure of supplemental cash flow information related to our operating leases. + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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