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Leases (Tables) | 3 Months Ended
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Mar. 31, 2023
Leases [Abstract] |
Summary of net operating lease cost | The following table summarizes our net operating lease cost during the three months ended March 31, 2023 and 2022:
| Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Lease Cost |  |  |  |  |  |  |
Operating lease cost (1) | $ | 64.4 |  |  | $ | 63.4 |  |  |  |  |
Sublease income | (4.2) |  |  | (5.1) |  |  |  |  |
Total lease cost | $ | 60.2 |  |  | $ | 58.3 |  |  |  |  |
_________________ |  |  |  |  |  |  |
(1)Includes short-term leases and variable lease costs, which are immaterial.
The following table summarizes supplemental cash flow information related to our operating leases:
| Three Months Ended March 31, 2023 |  | Three Months Ended March 31, 2022
Other Information |  |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |
Operating cash flows from operating leases | $ | 64.0 |  |  | $ | 62.0 |
Right-of-use assets modified or obtained in exchange for operating lease liabilities, net | $ | (23.2) |  |  | $ | 12.9 |
Supplemental balance sheet information related to the weighted average remaining lease term and discount rate of our leases is as follows:
| March 31, 2023 |  | December 31, 2022
Lease Term and Discount Rate |  |  |
Weighted-average remaining lease term - operating leases | 25 years |  | 25 years
Weighted-average discount rate - operating leases | 6.5 | % |  | 6.5 | %
Schedule of maturity of lease liabilities | The following table summarizes the maturity of our lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating lease liabilities recognized on our consolidated condensed balance sheet as of March 31, 2023:
Maturity of Lease Liabilities | March 31, 2023
2023 (1) | $ | 241.9 |
2024 | 239.0 |
2025 | 234.9 |
2026 | 227.8 |
2027 | 221.1 |
2028 | 211.5 |
2029 and thereafter | 3,860.7 |
Total future minimum lease payments | $ | 5,236.9 |
Less: Imputed interest | (2,844.1) |
Present value of future minimum lease payments | $ | 2,392.8 |
Current operating lease liabilities (2) | $ | 90.3 |
Long-term operating lease liabilities | 2,302.5 |
Total operating lease liabilities | $ | 2,392.8 |
____________________ |
(1)Excludes the three months ended March 31, 2023.
(2)Included within "Accrued expenses and other current liabilities" on Consolidated Condensed Balance Sheet as of March 31, 2023.

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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 https://asc.fasb.org/extlink&oid=128292326&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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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