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Leases (Notes) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | Leases Effective January 1, 2019, we adopted Accounting Standards Codification Topic 842, Leases, using the modified retrospective transition method. As such, we have recognized a right-of-use asset and a corresponding lease liability on our Consolidated Balance Sheet for virtually all of our leases with a term of more than twelve months. Prior-year financial statements were not recast under the new standard and, therefore, those amounts are not presented below. As an accounting policy, we have elected not to apply the recognition requirements to short-term leases, not to separate non-lease components from lease components, and have elected the package of transition provisions available for existing contracts, which allowed us to carry forward our historical assessments of (i) whether contracts are or contain leases, (ii) lease classification and (iii) initial direct costs. We do not have a material amount of finance leases and the majority of our operating leases, for which we serve as the lessee, consist primarily of real-estate property for our offices around the world. Both the asset and liability are measured at the present value of the future lease payments, with the asset being subject to adjustments such as initial direct costs, prepaid lease payments, and lease incentives. Many of our leases provide for renewal and/or termination options, as well as escalation clauses, which are also factored into our lease payments when appropriate. Our leases have remaining lease terms of 1 year to 20 years. The discount rate used to measure the lease asset and liability is determined at the beginning of the lease term using the rate implicit in the lease, if readily determinable, or using the Company's collateralized credit-adjusted borrowing rate. The following table presents information on our operating leases for the full year of 2019.
|  | Twelve months ended December 31, 2019
Operating lease cost |  | $ | 325.2 |
Short-term lease cost |  | 13.8 |
Sublease income |  | (12.9 | )
Total lease cost |  | $ | 326.1 |
|  | Twelve months ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 334.1 |
Right-of-use assets obtained in exchange for lease liabilities |  | $ | 422.8 |
|  | As of December 31, 2019
Weighted-average remaining lease term |  | Eight years |
Weighted-average discount rate |  | 4.26 | %
Our future payments of our operating leases as of December 31, 2019 are listed in the table below.
Period | Net Rent
2020 | $ | 333.5 |
2021 | 300.7 |
2022 | 267.5 |
2023 | 209.7 |
2024 | 183.5 |
Thereafter | 716.1 |
Total future lease payments | 2,011.0 |
Less: imputed interest | 314.2 |
Present value of future lease payments | 1,696.8 |
Less: current portion of operating leases | 267.2 |
Non-current operating leases | $ | 1,429.6 |
Our future payments of our operating leases as of December 31, 2018 are listed in the table below.
Period | Rent Obligations |  | Sublease Rental Income |  | Net Rent
2019 | $ | 352.0 |  |  | $ | (7.7 | ) |  | $ | 344.3 |
2020 | 324.3 |  |  | (5.2 | ) |  | 319.1 |
2021 | 282.3 |  |  | (2.2 | ) |  | 280.1 |
2022 | 242.5 |  |  | (1.3 | ) |  | 241.2 |
2023 | 184.0 |  |  | (0.6 | ) |  | 183.4 |
Thereafter | 714.6 |  |  | (0.5 | ) |  | 714.1 |
Total future lease payments | $ | 2,099.7 |  |  | $ | (17.5 | ) |  | $ | 2,082.2 |
As of December 31, 2019, we had additional operating leases that had not yet commenced with future lease payments of approximately $238.0 that will commence within the year 2020 and lease terms of 4 to 15 years.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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