Leases (Notes)

12 Months Ended

Dec. 28, 2019

Leases

The Company has operating leases for real estate (primarily retail stores and operating facilities) and certain equipment. The Company’s finance leases are not material. The Company’s leases have remaining lease terms of one to 38 years, some of which include options to extend the leases for up to 15 years, and some of which include options to terminate the leases within one year.

Total operating lease costs, which includes short-term leases and variable cost, were $231,607 for the year ended December 28, 2019. For the year ended December 28, 2019, variable costs of $71,728 were included in total operating lease costs. Short-term lease costs were immaterial for the year ended December 28, 2019. Rental expense under operating leases was $185,696 and $184,603 in 2018 and 2017, respectively.

The following table presents supplemental cash flow and non-cash information related to leases:



	Year Ended
	December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from leases	$	158,140
Right-of-use assets obtained in exchange for lease obligations - non-cash activity	$	66,496

The following table presents supplemental information related to leases at December 28, 2019:



Weighted average remaining lease term	5.3 years
Weighted average discount rate	4.89	%

The following table presents future minimum rental commitments under noncancelable operating leases as of December 29, 2018:



2019	$	148,218
2020	129,660
2021	110,185
2022	91,411
2023	66,753
Thereafter	115,941
	$	662,168

The following table presents maturities of operating lease liabilities as of December 28, 2019:



2020	$	166,833
2021	125,546
2022	91,443
2023	73,784
2024	44,239
Thereafter	93,754
Total lease payments	595,599
Less interest	71,227
	$	524,372

As of December 28, 2019, the Company’s additional operating lease contracts that have not yet commenced are immaterial.