Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases

Components of Lease Expense

	For the Three Months Ended
	March 31,
	2021		2020
	(In thousands)
Operating lease cost	$	14,783	$	17,731
Short-term lease cost (1)		3,472		2,667
Finance lease cost:
Amortization of right-of-use assets		17,829		17,904
Interest on lease liabilities		4,288		5,813
Total finance lease cost		22,117		23,717
Total lease costs	$	40,372	$	44,115

(1) Leases that have terms of 12 months or less.

Summary of Supplemental cash flow information related to leases

	For the Three Months Ended
	March 31,
	2021		2020
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	16,919	$	17,656
Operating cash flows from finance leases	$	4,058	$	5,813
Financing cash flows from finance leases	$	17,157	$	15,424
Right-of-use assets obtained in exchange for lease obligations:
Operating leases (1)	$	20,073	$	7,882
Finance leases	$	—	$	—

(1) The increase in operating lease assets primarily related to communication tower leases.

Summary of supplemental balance sheet information related to leases

	As of
	March 31,		December 31,
	2021		2020
	(In thousands)
Operating Leases:
Operating lease assets	$	110,232	$	104,271
Other current liabilities	$	54,940	$	56,856
Operating lease liabilities		69,660		63,526
Total operating lease liabilities	$	124,600	$	120,382
Finance Leases:
Property and equipment, gross	$	889,708	$	889,708
Accumulated depreciation		(772,121)		(754,292)
Property and equipment, net	$	117,587	$	135,416
Other current liabilities	$	53,564	$	58,379
Other long-term liabilities		90,782		103,795
Total finance lease liabilities	$	144,346	$	162,174
Weighted Average Remaining Lease Term:
Operating leases		2.8 years		2.8 years
Finance leases		2.9 years		3.1 years
Weighted Average Discount Rate:
Operating leases		4.1%		4.2%
Finance leases		10.5%		10.4%

Summary of maturities of finance lease liabilities

	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total
	(In thousands)
2021 (remaining nine months)	$	47,397	$	48,403	$	95,800
2022		38,600		48,307		86,907
2023		20,312		40,942		61,254
2024		12,236		30,707		42,943
2025		4,947		—		4,947
Thereafter		13,062		—		13,062
Total lease payments		136,554		168,359		304,913
Less: Imputed interest		(11,954)		(24,013)		(35,967)
Total		124,600		144,346		268,946
Less: Current portion		(54,940)		(53,564)		(108,504)
Long-term portion of lease obligations	$	69,660	$	90,782	$	160,442