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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases  
Summary of the components of lease expense

For the Three Months Ended 

For the Six Months Ended 

    

June 30, 2019

June 30, 2019

(In thousands)

Operating lease cost

$

81,762

$

162,048

Short-term lease cost (1)

12,141

31,426

Finance lease cost:

Amortization of right-of-use assets

3,805

9,913

Interest on lease liabilities

1,099

2,280

Total finance lease cost

4,904

12,193

Total lease costs

$

98,807

$

205,667

(1)Leases that have terms of 12 months or less.
Summary of Supplemental cash flow information related to leases

For the Six Months Ended 

June 30, 2019

(In thousands)

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

164,159

Operating cash flows from finance leases

$

2,295

Financing cash flows from finance leases

$

10,454

Right-of-use assets obtained in exchange for lease obligations:

Operating leases

$

61,872

Finance leases

$

Right-of-use assets and liabilities recognized at January 1, 2019 upon adoption of ASC 842

$

730,180

Summary of supplemental balance sheet information related to leases

As of

June 30, 2019

(In thousands)

Operating Leases:

Operating lease right-of-use assets

$

651,971

Other current liabilities

$

217,390

Operating lease liabilities

436,574

Total operating lease liabilities

$

653,964

Finance Leases:

Property and equipment, gross

$

224,454

Accumulated depreciation

(182,653)

Property and equipment, net

$

41,801

Other current liabilities

$

18,466

Other long-term liabilities

37,657

Total finance lease liabilities

$

56,123

Weighted Average Remaining Lease Term:

Operating leases

3.6 years

Finance leases

2.8 years

Weighted Average Discount Rate:

Operating leases

9.1%

Finance leases

7.5%

Summary of maturities of operating lease liabilities

Maturities of Lease Liabilities

Operating

Finance

For the Years Ending December 31,

Leases

Leases

Total

(In thousands)

2019 (remaining six months)

$

144,459

$

11,012

$

155,471

2020

233,895

22,024

255,919

2021

193,126

22,026

215,152

2022

123,971

7,363

131,334

2023

23,929

23,929

Thereafter

51,054

51,054

Total lease payments

770,434

62,425

832,859

Less: Imputed interest

(116,470)

(6,302)

(122,772)

Total

653,964

56,123

710,087

Less: Current portion

(217,390)

(18,466)

(235,856)

Long-term portion of lease obligations

$

436,574

$

37,657

$

474,231