Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases

Components of Lease Expense

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(In thousands)
Operating lease cost (1)	$	122,901	$	76,810	$	234,334	$	137,912
Short-term lease cost (2)		2,703		3,385		5,421		6,939
Finance lease cost:
Amortization of right-of-use assets		13,133		6,048		40,189		15,941
Interest on lease liabilities		3,824		2,426		7,394		5,158
Total finance lease cost		16,957		8,474		47,583		21,099
Total lease costs	$	142,561	$	88,669	$	287,338	$	165,950

(1) The increase in operating lease cost is primarily related to communication tower leases.

(2) Leases that have terms of 12 months or less.

Summary of Supplemental cash flow information related to leases

	For the Six Months Ended
	June 30,
	2023		2022
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	142,803	$	55,764
Operating cash flows from finance leases	$	6,796	$	4,218
Financing cash flows from finance leases	$	24,617	$	18,444
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	407,195	$	900,154
Finance leases	$	51,110	$	31,812

Summary of supplemental balance sheet information related to leases

	As of
	June 30,		December 31,
	2023		2022
	(In thousands)
Operating Leases:
Operating lease assets	$	2,965,682	$	2,687,522
Other current liabilities	$	250,150	$	194,030
Operating lease liabilities		2,995,945		2,687,883
Total operating lease liabilities	$	3,246,095	$	2,881,913
Finance Leases:
Property and equipment, gross	$	462,887	$	411,778
Accumulated depreciation		(343,991)		(303,802)
Property and equipment, net	$	118,896	$	107,976
Other current liabilities	$	58,748	$	48,066
Other long-term liabilities		91,098		75,287
Total finance lease liabilities	$	149,846	$	123,353
Weighted Average Remaining Lease Term:
Operating leases		11.3 years		11.8 years
Finance leases		2.5 years		2.7 years
Weighted Average Discount Rate:
Operating leases		7.9%		7.3%
Finance leases		9.7%		9.8%

Summary of maturities of finance lease liabilities

	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total
	(In thousands)
2023 (remaining six months)	$	171,308	$	37,665	$	208,973
2024		364,393		61,934		426,327
2025		400,394		34,344		434,738
2026		431,629		36,588		468,217
2027		434,407		2,574		436,981
Thereafter		3,295,037		—		3,295,037
Total lease payments		5,097,168		173,105		5,270,273
Less: Imputed interest		(1,851,073)		(23,259)		(1,874,332)
Total		3,246,095		149,846		3,395,941
Less: Current portion		(250,150)		(58,748)		(308,898)
Long-term portion of lease obligations	$	2,995,945	$	91,098	$	3,087,043