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Leases (Tables) | 9 Months Ended
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Sep. 30, 2020
Leases [Abstract] |
Summary of Other Lease Information | Other information related to our leases is as follows:
|  |  |  |  | September 30, |  | December 31,
(Amounts in thousands) |  |  |  |  | 2020 |  | 2019
Operating Leases: |  |  |  |  |  |  |
ROU assets recorded under operating leases |  |  |  | $ | 227,437 |  |  | $ | 220,865 |
Accumulated amortization associated with operating leases |  |  |  | (60,587) |  |  | (34,647) |
Total operating leases ROU assets, net |  |  |  | $ | 166,850 |  |  | $ | 186,218 |
Liabilities recorded under operating leases (current) |  |  |  | $ | 34,634 |  |  | $ | 36,108 |
Liabilities recorded under operating leases (non-current) |  |  |  | 133,348 |  |  | 151,523 |
Total operating leases liabilities |  |  |  |  | $ | 167,982 |  |  | $ | 187,631 |
Finance Leases: |  |  |  |  |  |  |
ROU assets recorded under finance leases |  |  |  | $ | 26,942 |  |  | $ | 19,606 |
Accumulated depreciation associated with finance leases |  |  |  | (8,443) |  |  | (7,551) |
Total finance leases ROU assets, net(1) |  |  |  |  | $ | 18,499 |  |  | $ | 12,055 |
Total finance leases liabilities(2) |  |  |  |  | $ | 18,540 |  |  | $ | 11,788 |
The costs components of operating and finance leases are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(Amounts in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating Lease Costs: |  |  |  |  |  |  |
Fixed lease expense(3) | $ | 14,114 |  |  | $ | 13,858 |  |  | $ | 42,655 |  |  | $ | 43,864 |
Variable lease expense(3) | 1,569 |  |  | 1,119 |  |  | 5,260 |  |  | 3,999 |
Total operating lease expense | $ | 15,683 |  |  | $ | 14,977 |  |  | $ | 47,915 |  |  | $ | 47,863 |
Finance Lease Costs: |  |  |  |  |  |  |
Depreciation of finance lease ROU assets(3) | $ | 1,448 |  |  | $ | 993 |  |  | $ | 4,051 |  |  | $ | 3,280 |
Interest on lease liabilities(4) | 181 |  |  | 102 |  |  | 472 |  |  | 253 |
Total finance lease expense | $ | 1,629 |  |  | $ | 1,095 |  |  | $ | 4,523 |  |  | $ | 3,533 |
_____________________ (1) Included in property, plant and equipment, net of accumulated depreciation. (2) Included in debt due within one year and long-term debt due after one year, accordingly. (3) Included in cost of sales and selling, general and administrative expense, accordingly. (4) Included in interest expense.
Schedule of Supplemental Cash Flows Information | Supplemental cash flows information as of and for the nine months ended:
| September 30,
(Amounts in thousands, except lease term and discount rate) | 2020 |  | 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases(1) | $ | 51,918 |  | $ | 39,642
Financing cash flows from finance leases(2) | 3,408 |  | 4,177
ROU assets obtained in exchange for lease obligations: |  |  |
Operating leases | $ | 16,327 |  | 15,739
Finance leases | 12,278 |  | 10,184
Weighted average remaining lease term (in years) |  |  |
Operating leases | 8 years |  | 9 years
Finance leases | 7 years |  | 4 years
Weighted average discount rate (percent) |  |  |
Operating leases | 4.4 | % |  | 4.6 | %
Finance leases | 3.5 | % |  | 3.7 | %
_____________________ (1) Included in our condensed consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other. (2) Included in our condensed consolidated statement of cash flows, financing activities, payments under other financing arrangements.
Schedule of Future Finance Lease Payments | Future undiscounted lease payments under operating and finance leases as of September 30, 2020 were as follows (amounts in thousands):
Year ending December 31, | Operating Leases |  | Finance Leases
2020 (excluding the nine months ended September 30, 2020) | $ | 10,527 |  |  | $ | 1,437 |
2021 | 37,135 |  |  | 5,281 |
2022 | 30,869 |  |  | 4,267 |
2023 | 24,494 |  |  | 2,775 |
2024 | 18,889 |  |  | 1,353 |
Thereafter | 79,176 |  |  | 6,064 |
Total future minimum lease payments | $ | 201,090 |  |  | $ | 21,177 |
Less: Imputed interest | (33,108) |  |  | (2,637) |
Total | $ | 167,982 |  |  | $ | 18,540 |
Other current liabilities | $ | 34,634 |  |  | $ | — |
Operating lease liabilities | 133,348 |  |  | — |
Debt due within one year | — |  |  | 5,626 |
Long-term debt due after one year | — |  |  | 12,914 |
Total | $ | 167,982 |  |  | $ | 18,540 |
Schedule of Future Operating Lease Payments | Future undiscounted lease payments under operating and finance leases as of September 30, 2020 were as follows (amounts in thousands):
Year ending December 31, | Operating Leases |  | Finance Leases
2020 (excluding the nine months ended September 30, 2020) | $ | 10,527 |  |  | $ | 1,437 |
2021 | 37,135 |  |  | 5,281 |
2022 | 30,869 |  |  | 4,267 |
2023 | 24,494 |  |  | 2,775 |
2024 | 18,889 |  |  | 1,353 |
Thereafter | 79,176 |  |  | 6,064 |
Total future minimum lease payments | $ | 201,090 |  |  | $ | 21,177 |
Less: Imputed interest | (33,108) |  |  | (2,637) |
Total | $ | 167,982 |  |  | $ | 18,540 |
Other current liabilities | $ | 34,634 |  |  | $ | — |
Operating lease liabilities | 133,348 |  |  | — |
Debt due within one year | — |  |  | 5,626 |
Long-term debt due after one year | — |  |  | 12,914 |
Total | $ | 167,982 |  |  | $ | 18,540 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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=121609121&loc=SL77918701-209980 + 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=121609121&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=121609121&loc=SL77918701-209980 + Details
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