LEASES (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Future Minimum Rental Receipts Expected Under Operating Leases

Future minimum rental receipts expected under non-cancellable operating lease agreements as of September 30, 2023 were as follows:

Fiscal Year	Amount (1) (2)
Remainder of 2023	$	2,052.8
2024	7,973.8
2025	7,432.9
2026	7,002.1
2027	6,823.8
Thereafter	29,789.3
Total	$	61,074.7

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(1)Balances are translated at the applicable period-end exchange rate, which may impact comparability between periods.    

(2)Balances represent contractual amounts owed with no adjustments made for expected collectibility.

Schedule of Information About Other Lease-related Balances

Information about other lease-related balances is as follows:

	As of
	September 30, 2023		December 31, 2022
Operating leases:
Right-of-use asset	$	8,801.0	$	8,918.9
Current portion of lease liability	$	779.6	$	788.9
Lease liability	7,436.7		7,591.9
Total operating lease liability	$	8,216.3	$	8,380.8

Schedule of Components of Operating Lease Cost

The weighted-average remaining lease terms and incremental borrowing rates are as follows:

	As of
	September 30, 2023		December 31, 2022
Operating leases:
Weighted-average remaining lease term (years)	11.9		12.2
Weighted-average incremental borrowing rate	5.7	%	5.3	%

The following table sets forth the components of lease cost:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Operating lease cost	$	316.3	$	309.1	$	936.9	$	919.8
Variable lease costs not included in lease liability (1)	109.5		92.3		333.1		290.0

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(1)Includes property tax paid on behalf of the landlord.

Supplemental cash flow information is as follows:

	Nine Months Ended September 30,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(962.1)	$	(916.0)
Non-cash items:
New operating leases (1)	$	166.6	$	289.9
Operating lease modifications and reassessments	$	290.2	$	114.2

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(1)Amount includes new operating leases and leases acquired in connection with acquisitions.

Schedule of Maturity of Operating Lease Liabilities

Maturities of operating lease liabilities as of September 30, 2023 were as follows:

Fiscal Year	Operating Lease (1)
Remainder of 2023	$	293.9
2024	1,153.4
2025	1,066.0
2026	1,009.6
2027	947.6
Thereafter	6,806.8
Total lease payments	11,277.3
Less amounts representing interest	(3,061.0)
Total lease liability	8,216.3
Less current portion of lease liability	779.6
Non-current lease liability	$	7,436.7

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(1)Balances are translated at the applicable period-end exchange rate, which may impact comparability between periods.