Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases

Summary of the components of lease expense

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
	(In thousands)
Operating lease cost	$	61,808	$	81,762	$	123,523	$	162,048
Short-term lease cost (1)		3,733		12,141		6,400		31,426
Finance lease cost:
Amortization of right-of-use assets		12,300		3,805		24,748		9,913
Interest on lease liabilities		4,534		1,099		9,332		2,280
Total finance lease cost		16,834		4,904		34,080		12,193
Total lease costs	$	82,375	$	98,807	$	164,003	$	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,
	2020		2019
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	123,811	$	164,159
Operating cash flows from finance leases	$	9,332	$	2,295
Financing cash flows from finance leases	$	23,227	$	10,454
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	17,967	$	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, 2020		December 31, 2019
	(In thousands)
Operating Leases:
Operating lease assets	$	471,987	$	553,576
Other current liabilities	$	204,138	$	202,972
Operating lease liabilities		267,154		350,155
Total operating lease liabilities	$	471,292	$	553,127
Finance Leases:
Property and equipment, gross	$	398,875	$	399,764
Accumulated depreciation		(226,325)		(201,873)
Property and equipment, net	$	172,550	$	197,891
Other current liabilities	$	50,860	$	48,678
Other long-term liabilities		137,949		163,939
Total finance lease liabilities	$	188,809	$	212,617
Weighted Average Remaining Lease Term:
Operating leases		3.1 years		3.4 years
Finance leases		3.8 years		4.2 years
Weighted Average Discount Rate:
Operating leases		9.0%		9.1%
Finance leases		9.5%		9.5%

Summary of maturities of operating lease liabilities

	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total
	(In thousands)
2020 (remaining six months)	$	121,315	$	33,139	$	154,454
2021		205,137		66,279		271,416
2022		132,452		50,226		182,678
2023		27,439		42,862		70,301
2024		11,376		32,147		43,523
Thereafter		42,414		—		42,414
Total lease payments		540,133		224,653		764,786
Less: Imputed interest		(68,841)		(35,844)		(104,685)
Total		471,292		188,809		660,101
Less: Current portion		(204,138)		(50,860)		(254,998)
Long-term portion of lease obligations	$	267,154	$	137,949	$	405,103