Leases and Other Finance Obligations (Table)

3 Months Ended

Mar. 31, 2021

Lessee Lease Description [Line Items]

Summary of Right-of-use Assets and Lease Liabilities

Right-of-use assets and lease liabilities consisted of the following (in thousands) as of:

		March 31, 2021		December 31, 2020
Assets
Operating lease right-of-use assets, net	$	442,440	$	274,562
Finance lease right-of-use assets, net (included in property, plant and equipment, net)		7,073		34,905
Total right-of-use assets	$	449,513	$	309,467
Liabilities
Current
Current portion of operating lease liabilities	$	94,316	$	61,625
Current portion of finance lease liabilities (included in current maturities of long-term debt)		2,592		12,178
Noncurrent
Noncurrent portion of operating lease liabilities	$	356,549	$	219,239
Noncurrent portion of finance lease liabilities (included in long-term debt, net of current maturities)		5,122		11,695
Total lease liabilities	$	458,579	$	304,737

Summary of Total Lease Costs

Total lease costs consisted of the following for the three months ended March 31 (in thousands):

		2021		2020
Operating lease costs (1)	$	32,289	$	21,672
Finance lease costs:
Amortization of finance lease right-of-use assets		959		1,613
Interest on finance lease liabilities		194		314
Variable lease costs		6,772		4,249
Total lease costs	$	40,214	$	27,848

(1) Includes short-term lease costs and sublease income which were not material for the three months ended March 31, 2021 and 2020.

Summary of Future Maturities of Lease Liabilities

Future maturities of lease liabilities as of March 31, 2021 were as follows (in thousands):

	Finance Leases			Operating Leases
2021 (from April 1, 2021)	$	2,386		$	87,378
2022		1,794			104,414
2023		1,569			86,915
2024		720			69,772
2025		510			48,139
Thereafter		1,572			140,525
Total lease payments		8,551			537,143
Less: amount representing interest		(837	)		(86,278	)
Present value of lease liabilities		7,714			450,865
Less: current portion		(2,592	)		(94,316	)
Long-term lease liabilities, net of current portion	$	5,122		$	356,549

Summary of Weighted Average Lease Terms and Discount Rates

Weighted average lease terms and discount rates as of March 31, 2021 and December 31, 2020 were as follows:

	March 31, 2021		December 31, 2020
Weighted average remaining lease term (years)
Operating leases	6.3		6.3
Finance leases	5.3		2.1
Weighted average discount rate
Operating leases	5.5	%	6.3	%
Finance leases	4.4	%	5.9	%

Summary of Cash paid for Amounts Included in Measurement of Lease Liabilities

The following table presents cash paid for amounts included in the measurement of lease liabilities for the three months ended March 31 (in thousands):

		2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	30,512	$	20,846
Operating cash flows from finance leases		194		314
Financing cash flows from finance leases		25,801		3,522

Other Finance Obligations

Lessee Lease Description [Line Items]

Summary of Future Maturities of Other Finance Obligation

Future minimum commitments for other finance obligations as of March 31, 2021 were as follows (in thousands):

2021 (from April 1, 2021)	$	12,867
2022		16,818
2023		16,818
2024		16,835
2025		16,836
Thereafter		174,300
Total	$	254,474