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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Summary of Other Lease Information | Other information related to our leases is as follows:
| December 31,
| 2023 |  | 2022
| (Amounts in thousands)
Finance Leases: |  |  |
ROU assets recorded under finance leases | $ | 35,523 |  |  | $ | 33,427 |
Accumulated depreciation associated with finance leases | (16,828) |  |  | (15,851) |
Total finance leases ROU assets, net(1) | $ | 18,695 |  |  | $ | 17,576 |
Total finance leases liabilities(2) | $ | 19,374 |  |  | $ | 17,939 |
The costs components of operating and finance leases are as follows:
| December 31,
| 2023 |  | 2022 |  | 2021
| (Amounts in thousands)
Operating Lease Costs: |  |  |  |  |
Fixed lease expense(3) | $ | 55,588 |  |  | $ | 59,782 |  |  | $ | 57,482 |
Variable lease expense(3) | 8,131 |  |  | 7,412 |  |  | 9,331 |
Total operating lease expense | $ | 63,719 |  |  | $ | 67,194 |  |  | $ | 66,813 |
Finance Lease Costs: |  |  |  |  |
Depreciation of finance lease ROU assets(3) | $ | 6,655 |  |  | $ | 5,984 |  |  | $ | 5,374 |
Interest on lease liabilities(4) | 885 |  |  | 604 |  |  | 617 |
Total finance lease expense | $ | 7,540 |  |  | $ | 6,588 |  |  | $ | 5,991 |
_____________________ (1) Included in property, plant and equipment, net (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 related to our leases is as follows:
| December 31,
(Amounts in thousands, except lease term and discount rate) | 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows from operating leases(1) | $ | 62,303 |  |  | $ | 57,712 |  |  | $ | 61,240 |
Financing cash flows from finance leases(2) | 8,234 |  |  | 6,039 |  |  | 5,285 |
ROU assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | $ | 18,570 |  |  | $ | 26,581 |  |  | $ | 35,542 |
Finance leases | 8,259 |  |  | 7,906 |  |  | 4,177 |
Weighted average remaining lease term (in years) |  |  |  |  |
Operating leases | 8 years |  | 8 years |  | 8 years
Finance leases | 5 years |  | 6 years |  | 6 years
Weighted average discount rate (percent) |  |  |  |  |
Operating leases | 4.1 | % |  | 4.0 | % |  | 3.9 | %
Finance leases | 4.6 | % |  | 3.9 | % |  | 3.4 | %
_____________________ (1) Included in our consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other (2) Included in our 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 December 31, 2023, were as follows:
Year ending December 31, | Operating Leases |  | Finance Leases
| (Amounts in thousands)
2024 | 37,872 |  |  | 6,500 |
2025 | 30,336 |  |  | 5,282 |
2026 | 24,709 |  |  | 3,512 |
2027 | 21,268 |  |  | 1,468 |
2028 | 19,095 |  |  | 743 |
Thereafter | 66,112 |  |  | 4,261 |
Total future minimum lease payments | $ | 199,392 |  |  | $ | 21,766 |
Less: Imputed interest | (28,345) |  |  | (2,392) |
Total | $ | 171,047 |  |  | $ | 19,374 |
Other current liabilities | $ | 32,382 |  |  | $ | — |
Operating lease liabilities | 138,665 |  |  | — |
Debt due within one year | — |  |  | 6,144 |
Long-term debt due after one year | — |  |  | 13,230 |
Total | $ | 171,047 |  |  | $ | 19,374 |
Schedule of Future Operating Lease Payments | Future undiscounted lease payments under operating and finance leases as of December 31, 2023, were as follows:
Year ending December 31, | Operating Leases |  | Finance Leases
| (Amounts in thousands)
2024 | 37,872 |  |  | 6,500 |
2025 | 30,336 |  |  | 5,282 |
2026 | 24,709 |  |  | 3,512 |
2027 | 21,268 |  |  | 1,468 |
2028 | 19,095 |  |  | 743 |
Thereafter | 66,112 |  |  | 4,261 |
Total future minimum lease payments | $ | 199,392 |  |  | $ | 21,766 |
Less: Imputed interest | (28,345) |  |  | (2,392) |
Total | $ | 171,047 |  |  | $ | 19,374 |
Other current liabilities | $ | 32,382 |  |  | $ | — |
Operating lease liabilities | 138,665 |  |  | — |
Debt due within one year | — |  |  | 6,144 |
Long-term debt due after one year | — |  |  | 13,230 |
Total | $ | 171,047 |  |  | $ | 19,374 |

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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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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