LEASES (Tables)

12 Months Ended

Dec. 31, 2019

The components of lease expense were as follows:




	Twelve months ended
(In thousands)	December 31, 2019

Operating lease cost	$	95,348

Finance lease cost:
Depreciation of leased equipment	$	3,135
Interest on lease liabilities	395
Total finance lease cost	$	3,530

Supplemental cash flow information related to leases was as follows:



	Twelve months ended
(In thousands)	December 31, 2019

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	95,922
Operating cash flows from financing leases	395
Financing cash flows from financing leases	5,939
Right-of-use & Equipment assets obtained in exchange for lease obligations:
Operating leases⁽¹⁾	482,399
Financing leases	14,105

⁽¹⁾Amounts for the twelve months ended December 31, 2019 include the transition adjustment for the adoption of Topic 842 discussed in Note 3, Recent Account Standards, for further information.

Assets and liabilities lessee

Supplemental balance sheet information related to leases was as follows:



(In thousands, except lease term and discount rates)
	December 31, 2019

Operating Leases
Operating lease right-of-use assets	$	445,477
Current portion of operating lease liability	61,206
Operating lease liabilities	420,922
Total operating lease liabilities	$	482,128

Finance Leases
Equipment at cost	$	14,105
Accumulated depreciation	(3,135		)
Equipment, net	$	10,970
Current portion of finance lease	$	3,283
Finance lease liabilities	3,264
Total finance lease liabilities	$	6,547

Weighted Average Remaining Lease Term
Operating leases - years	8.8
Finance leases - years	3.3

Weighted Average Discount Rate
Operating leases	6.4		%
Finance leases	4.4		%

Maturities of finance lease liability

Maturities of lease liabilities were as follows:



(In thousands)
	Operating			Financing
Year Ending December 31,	Leases			Leases
2020	$	89,881		$	3,492
2021	88,848			2,624
2022	80,932			702
2023	69,916			11
2024	54,517			10
Thereafter	262,027			—
Total Lease Payments	646,121			6,839
Less imputed interest	(163,993		)	(292		)
Total	$	482,128		$	6,547

Maturities of operating lease liability

Maturities of lease liabilities were as follows:



(In thousands)
	Operating			Financing
Year Ending December 31,	Leases			Leases
2020	$	89,881		$	3,492
2021	88,848			2,624
2022	80,932			702
2023	69,916			11
2024	54,517			10
Thereafter	262,027			—
Total Lease Payments	646,121			6,839
Less imputed interest	(163,993		)	(292		)
Total	$	482,128		$	6,547

As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting, maturities of operating lease liabilities were as follows as of December 31, 2018 (in thousands):



	Facilities		Equipment		Total
2019	$	75,588	$	14,924	$	90,512
2020	66,116		14,385		80,501
2021	57,826		12,966		70,792
2022	48,542		10,264		58,806
2023	38,800		7,095		45,895
Thereafter	160,327		5,144		165,471
	$	447,199	$	64,778	$	511,977