Leases (Tables)

12 Months Ended

Dec. 31, 2021

Supplemental statement of earnings information related to our leases is as follows (in thousands):

		Year Ended December 31,
	Statement of Earnings Classification	2021		2020			2019
Operating lease cost	Cost of products sold	$	21,503		$	20,959		$	21,275
Operating lease cost	Marketing, administrative and other expenses		2,989			3,060			2,196
Total operating lease cost		$	24,492		$	24,019		$	23,471
Finance lease cost:
Amortization of leased assets	Cost of products sold	$	13,513		$	9,735		$	9,810
Interest on lease liabilities	Interest expense, net		10,670			10,551			11,335
Total finance lease cost		$	24,183		$	20,286		$	21,145
Total lease cost		$	48,675		$	44,305		$	44,616

Supplemental cash flow information related to our leases is as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	27,310	$	23,836	$	23,155
Operating cash flows from finance leases	$	10,670	$	10,551	$	11,335
Financing cash flows from finance leases	$	11,425	$	9,541	$	9,134
Non-cash investing and financing activities:
Additions to right-of-use assets obtained from
Operating lease liabilities	$	19,711	$	21,539	$	11,941
Finance lease liabilities	$	99,535	$	14,373	$	11,406

Supplemental balance sheet information related to our leases is as follows (in thousands):

		December 31,
	Balance Sheet Classification	2021		2020
Assets:
Operating lease	Other assets	$	92,318	$	93,888
Finance lease	Property, plant and equipment, net		162,427		76,231
Total leased		$	254,745	$	170,119
Liabilities:
Current operating	Accrued expenses and other current liabilities	$	20,598	$	19,986
Current finance	Current portion of long-term debt and finance lease obligations		14,678		10,885
Non-current operating	Deferred credits and other liabilities		74,161		75,736
Non-current finance	Long-term debt and finance lease obligations due after one year		164,375		79,453
Total leased		$	273,812	$	186,060

Weighted-average remaining lease term and discount rate for our leases are as follows:

		December 31, 2021
Weighted-average remaining lease term - operating leases		8.5 Years
Weighted-average remaining lease term - finance leases		14.0 Years
Weighted-average discount rate - operating leases		3.0%
Weighted-average discount rate - finance leases		14.9%

Maturities of lease liabilities by year for our leases were as follows as of December 31, 2021 (in thousands):

	Operating Leases			Finance Leases
Maturities of lease liabilities, year ending December 31,
2022	$	22,802		$	26,256
2023		19,003			24,591
2024		15,994			19,762
2025		11,769			17,992
2026		8,938			16,404
Thereafter		32,057			159,649
Total lease payments	$	110,563		$	264,654
Less imputed interest		(15,804	)		(85,601	)
Present value of lease liabilities	$	94,759		$	179,053