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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Components of Lease Costs

Other information. Components of lease costs and other information related to the Company’s leases was as follows for the year ended December 31, 2019:

 

 

(In thousands)

 

 

Operating lease expense cost, primarily classified within "General and administrative"

$

143,954

 

 

 

 

 

 

 

Finance Lease Costs

 

 

 

 

Interest expense

$

1,164

 

 

Amortization expense

 

13,341

 

 

Total finance lease costs

$

14,505

 

 

 

Schedule of Supplemental Balance Sheet Information Related to Leases

 

December 31, 2019

 

 

Supplemental balance sheet information

(In thousands)

 

 

Operating leases

 

 

 

 

Operating lease right-of-use assets

$

4,392,481

 

 

Operating lease liabilities - short-term, classified within "Other accrued liabilities"

$

67,473

 

 

Operating lease liabilities - long-term

 

4,277,970

 

 

Total operating lease liabilities

$

4,345,443

 

 

 

 

 

 

 

Finance leases

 

 

 

 

Finance lease right-of-use assets, classified within "Property and equipment, net"

$

93,437

 

 

Finance lease liabilities - short-term, classified within "Other accrued liabilities"

$

27,975

 

 

Finance lease liabilities - long-term, classified within "Other long-term obligations"

 

67,182

 

 

Total finance lease liabilities

$

95,157

 

 

 

 

 

 

 

Weighted-average remaining lease term (years)

 

 

 

 

Operating leases

 

31

 

 

Finance leases

 

4

 

 

 

 

 

 

 

Weighted-average discount rate (%)

 

 

 

 

Operating leases

 

7

 

 

Finance leases

 

3

 

 

 

Schedule of Cash Paid for Amounts Included in Measurement of Lease Liabilities and ROU Assets Obtained in Exchange for New Lease Liabilities

 

Year Ended

 

 

 

December 31, 2019

 

 

Cash paid for amounts included in the measurement of lease liabilities

(In thousands)

 

 

Operating cash outflows from operating leases

$

117,072

 

 

Operating cash outflows from finance leases

 

1,164

 

 

Financing cash outflows from finance leases

 

10,311

 

 

 

 

 

 

 

ROU assets obtained in exchange for new lease liabilities

 

 

 

 

Operating leases

$

3,814,115

 

 

Finance leases

 

84,934

 

 

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

 

 

Operating Leases

 

 

Finance Leases

 

Year ending December 31,

(In thousands)

 

2020

$

345,678

 

 

$

30,361

 

2021

 

324,281

 

 

 

27,273

 

2022

 

313,779

 

 

 

25,427

 

2023

 

316,336

 

 

 

17,019

 

2024

 

320,642

 

 

 

 

Thereafter

 

10,066,850

 

 

 

 

Total future minimum lease payments

 

11,687,566

 

 

 

100,080

 

Less: Amount of lease payments representing interest

 

(7,342,123

)

 

 

(4,923

)

Present value of future minimum lease payments

 

4,345,443

 

 

 

95,157

 

Less: Current portion

 

(67,473

)

 

 

(27,975

)

Long-term lease obligations

$

4,277,970

 

 

$

67,182