XML 57 R38.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Lease Cost, Supplemental Cash Flow, and Balance Sheet, and Lease Assumptions
The components of lease costs were as follows:
Years Ended December 31,
 202220212020
Operating Lease Costs:
Fixed$53,428 $54,397 $52,875 
Variable7,512 6,281 5,973 
Short-term 22,097 17,847 18,436 
Total(1)
$83,037 $78,525 $77,284 
(1) Finance lease cost and sublease income were immaterial.
Supplemental cash flow information related to leases was as follows:
Years Ended December 31,
 202220212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$54,268 $55,921 $53,903 
Operating cash flows for finance leases335357 434 
Financing cash flows for finance leases2,9173,073 2,523 
Total$57,520 $59,351 $56,860 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$57,190 $47,666 $21,381 
Financing leases3,1492,016 3,708 
Total$60,339 $49,682 $25,089 

Supplemental balance sheet information related to leases were as follows:
 December 31, 2022December 31, 2021
Operating Leases
Right-of-use assets:
 Other assets and deferred charges$197,058 $169,022 
Lease liabilities:
  Other accrued expenses$42,649 $43,086 
  Other liabilities165,741 134,448 
Total operating lease liabilities$208,390 $177,534 
Finance Leases
Right-of-use assets:
Property, plant and equipment, net (1)
$7,846 $8,588 
Lease liabilities:
   Other accrued expenses$2,554 $2,475 
   Other liabilities6,189 6,767 
Total finance lease liabilities$8,743 $9,242 
(1) Finance lease right-of-use assets are recorded net of accumulated depreciation of $8,017 and $7,675 for the years ended December 31, 2022 and December 31, 2021, respectively.
Average lease terms and discount rates were as follows:
December 31, 2022December 31, 2021December 31, 2020
Weighted-average remaining lease term (years)
Operating leases7.85.85.9
Finance leases3.64.24.8
Weighted-average discount rate
Operating leases3.5 %2.7 %2.9 %
Finance leases3.4 %3.4 %3.6 %
Maturity of Operating Lease Liability
The aggregate future lease payments for operating and finance leases as of December 31, 2022 were as follows:
 OperatingFinance
2023$47,843 $2,860 
202440,524 2,432 
202532,759 1,963 
202623,009 1,480 
202719,447 816 
Thereafter81,937 
Total lease payments245,519 9,552 
Less interest(37,129)(809)
Present value of lease liabilities$208,390 $8,743 
Maturity of Finance Lease Liability
The aggregate future lease payments for operating and finance leases as of December 31, 2022 were as follows:
 OperatingFinance
2023$47,843 $2,860 
202440,524 2,432 
202532,759 1,963 
202623,009 1,480 
202719,447 816 
Thereafter81,937 
Total lease payments245,519 9,552 
Less interest(37,129)(809)
Present value of lease liabilities$208,390 $8,743