Leases (Tables)

12 Months Ended

Dec. 31, 2022

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

		Year Ended December 31,
	Statement of Earnings Classification	2022		2021		2020
Operating lease cost	Cost of products sold	$	23,666	$	21,503	$	20,959
Operating lease cost	Marketing, administrative and other expenses		3,239		2,989		3,060
Total operating lease cost		$	26,905	$	24,492	$	24,019
Finance lease cost:
Amortization of leased assets	Cost of products sold	$	19,113	$	13,513	$	9,735
Interest on lease liabilities	Interest expense, net		12,229		10,670		10,551
Total finance lease cost		$	31,342	$	24,183	$	20,286
Total lease cost		$	58,247	$	48,675	$	44,305

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

	Year Ended December 31,
	2022		2021		2020
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases	$	26,518	$	27,310	$	23,836
Operating cash flows from finance leases	$	12,229	$	10,670	$	10,551
Financing cash flows from finance leases	$	16,008	$	11,425	$	9,541
Non-cash investing and financing activities:
Additions to right-of-use assets obtained from
Operating lease liabilities	$	33,924	$	19,711	$	21,539
Finance lease liabilities	$	27,030	$	99,535	$	14,373

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

		December 31,
	Balance Sheet Classification	2022		2021
Assets:
Operating lease	Other assets	$	101,499	$	92,318
Finance lease	Property, plant and equipment, net		169,076		162,427
Total leased		$	270,575	$	254,745
Liabilities:
Current operating	Accrued expenses and other current liabilities	$	23,621	$	20,598
Current finance	Current portion of long-term debt and finance lease obligations		18,582		14,678
Non-current operating	Deferred credits and other liabilities		81,455		74,161
Non-current finance	Long-term debt and finance lease obligations due after one year		169,804		164,375
Total leased		$	293,462	$	273,812

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

		December 31, 2022
Weighted-average remaining lease term - operating leases		7.9 Years
Weighted-average remaining lease term - finance leases		15.0 Years
Weighted-average discount rate - operating leases		3.3%
Weighted-average discount rate - finance leases		12.9%

Maturities of lease liabilities by year for our leases were as follows as of December 31, 2022 (in thousands):

	Operating Leases			Finance Leases
Maturities of lease liabilities, year ending December 31,
2023	$	26,415		$	27,243
2024		23,218			22,158
2025		17,262			19,826
2026		14,014			18,139
2027		8,946			17,758
Thereafter		32,827			169,858
Total lease payments	$	122,682		$	274,982
Less imputed interest		(17,605	)		(86,596	)
Present value of lease liabilities	$	105,077		$	188,386