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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Lease Cost
The components of lease cost recorded in our consolidated statements of operations were as follows:
202220212020
(in millions)
Operating lease cost$35.3 $33.9 $23.1 
Finance lease cost
Amortization of leased assets51.0 51.9 51.2 
Interest on lease liabilities43.5 47.4 50.2 
Variable lease cost39.8 33.6 30.8 
Sublease income(2.7)(0.4)(4.0)
Net lease cost$166.9 $166.4 $151.3 
Schedule of Components of Lease in Balance Sheets
Our leases are included on our consolidated balance sheets as follows:
As of December 31,
20222021
(in millions)
Finance leases
Property and equipment, net$315.5 $400.1 
Total finance lease assets
$315.5 $400.1 
Other current liabilities$40.8 $46.9 
Long-term finance lease liabilities430.8 509.8 
Total finance lease liabilities
$471.6 $556.7 
Operating leases
Operating lease assets$347.4 $330.3 
Total operating lease assets
$347.4 $330.3 
Other current liabilities$48.6 $33.3 
Long-term operating lease liabilities379.5 377.4 
Total operating lease liabilities
$428.1 $410.7 
Schedule of Finance Lease, Liability, Maturity
Maturities of our finance and operating lease liabilities as of December 31, 2022 were as follows:
Year
Finance Leases
Operating Leases
Total
(in millions)
2023$76.0 $58.4 $134.4 
202488.7 44.3 133.0 
202589.0 40.2 129.2 
202689.3 39.4 128.7 
202789.7 35.3 125.0 
Thereafter
233.6 273.7 507.3 
Total lease payments
666.3 491.3 1,157.6 
Less: amount representing interest
(194.7)(63.2)(257.9)
Present value of lease liabilities
$471.6 $428.1 $899.7 
Schedule of Operating Lease, Liability, Maturity
Maturities of our finance and operating lease liabilities as of December 31, 2022 were as follows:
Year
Finance Leases
Operating Leases
Total
(in millions)
2023$76.0 $58.4 $134.4 
202488.7 44.3 133.0 
202589.0 40.2 129.2 
202689.3 39.4 128.7 
202789.7 35.3 125.0 
Thereafter
233.6 273.7 507.3 
Total lease payments
666.3 491.3 1,157.6 
Less: amount representing interest
(194.7)(63.2)(257.9)
Present value of lease liabilities
$471.6 $428.1 $899.7 
Schedule of Weighted-Average Remaining Lease Terms and Discount Rates
The weighted-average remaining lease terms and discount rates related to our leases were as follows:
As of December 31,
20222021
Weighted-average remaining lease term (in years)
Finance leases10.6010.73
Operating leases11.5712.81
Weighted-average discount rate
Finance leases
8.36 %8.11 %
Operating leases
2.46 %2.19 %
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to our leases was as follows:
202220212020
(in millions)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$50.8 $21.5 $16.3 
Operating cash flows from finance leases$42.5 $46.2 $48.9 
Financing cash flows from finance leases$85.5 $47.0 $42.3 
Right-of-use assets obtained in exchange for lease obligations
Operating leases
$58.6 $36.3 $293.6 
Finance leases
$— $— $33.1