Leases (Tables)

9 Months Ended

Sep. 30, 2019

Other information related to our leases is as follows:



			September 30,
(Amounts in thousands)			2019
Operating Leases:
ROU assets recorded under operating leases			$	208,943
Accumulated amortization associated with operating leases			(26,670		)
Total operating leases ROU assets, net			$	182,273

Liabilities recorded under operating leases (current)			$	35,042
Liabilities recorded under operating leases (non-current)			146,839
Total operating leases liabilities			$	181,881

Finance Leases:
ROU assets recorded under finance leases			$	16,230
Accumulated depreciation associated with finance leases			(5,015		)
Total finance leases ROU assets, net(1)			$	11,215

Total finance leases liabilities(2)			$	11,246

The costs components of operating and finance leases are as follows:
(Amounts in thousands)	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating Lease Costs:
Fixed lease expense(3)	$	13,858	$	43,864
Variable lease expense(3)	1,119		3,999
Total operating lease expense	$	14,977	$	47,863

Finance Lease Costs:
Depreciation of finance lease ROU assets(3)	$	993	$	3,280
Interest on lease liabilities(4)	102		253
Total finance lease expense	$	1,095	$	3,533

_____________________

(1) Included in property plant and equipment, net

(2) Included in debt due within one year and long-term debt due after one year, accordingly

(3) Included in cost of sales and selling, general and administrative expense, accordingly

(4) Included in interest expense

Schedule of Supplemental Cash Flows Information

Supplemental cash flows information as of and for the nine months ended September 30, 2019:



(Amounts in thousands, except lease term and discount rate)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	39,642
Financing cash flows from finance leases(2)	4,177
ROU assets obtained in exchange for lease obligations:
Operating leases	$	15,739
Finance leases	10,184
Weighted average remaining lease term (in years)
Operating leases	9 years
Finance leases	4 years
Weighted average discount rate (percent)
Operating leases	4.6		%
Finance leases	3.7		%

_____________________

(1) Included in our condensed consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other

(2) Included in our condensed consolidated statement of cash flows, financing activities, payments under other financing arrangements

Schedule of Future Finance Lease Payments

Future undiscounted lease payments under operating and finance leases as of September 30, 2019 were as follows (amounts in thousands):



Year ending December 31,	Operating Leases			Finance Leases
2019 (excluding the nine months ended September 30, 2019)	$	10,769		$	1,321
2020	39,425			4,353
2021	30,498			2,854
2022	25,032			1,623
2023	21,235			850
Thereafter	95,094			945
Total future minimum lease payments	$	222,053		$	11,946
Less: Imputed interest	(40,172		)	(700		)
Total	$	181,881		$	11,246

Other current liabilities	$	35,042		$	—
Operating lease liabilities	146,839			—
Debt due within one year	—			4,342
Long-term debt due after one year	—			6,904
Total	$	181,881		$	11,246



The future minimum lease payments as of December 31, 2018 were as follows (amounts in thousands):
Year ending December 31,
2019	$	68,443
2020	49,874
2021	38,446
2022	28,496
2023	21,473
Thereafter	66,518
Total future minimum lease payments	$	273,250

Schedule of Future Operating Lease Payments

Future undiscounted lease payments under operating and finance leases as of September 30, 2019 were as follows (amounts in thousands):



Year ending December 31,	Operating Leases			Finance Leases
2019 (excluding the nine months ended September 30, 2019)	$	10,769		$	1,321
2020	39,425			4,353
2021	30,498			2,854
2022	25,032			1,623
2023	21,235			850
Thereafter	95,094			945
Total future minimum lease payments	$	222,053		$	11,946
Less: Imputed interest	(40,172		)	(700		)
Total	$	181,881		$	11,246

Other current liabilities	$	35,042		$	—
Operating lease liabilities	146,839			—
Debt due within one year	—			4,342
Long-term debt due after one year	—			6,904
Total	$	181,881		$	11,246



The future minimum lease payments as of December 31, 2018 were as follows (amounts in thousands):
Year ending December 31,
2019	$	68,443
2020	49,874
2021	38,446
2022	28,496
2023	21,473
Thereafter	66,518
Total future minimum lease payments	$	273,250