Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of net operating lease cost

The following table summarizes our net operating lease cost during the years ended December 31, 2021, 2020, and 2019:

	Year Ended December 31, 2021		Year Ended December 31, 2020		Year Ended December 31, 2019
Lease Cost
Operating lease cost (1)	$	250.1	$	246.0	$	242.0
Sublease income	(22.4)		(25.8)		(24.4)
Total lease cost	$	227.7	$	220.2	$	217.6

__________________

(1)Includes short-term leases and variable lease costs, which are immaterial.

Summary of supplemental cash flow information related to operating leases and weighted average remaining lease term and discount rate of leases

The following table summarizes supplemental cash flow information related to our operating leases:

	Year Ended December 31, 2021		Year Ended December 31, 2020		Year Ended December 31, 2019
Other Information
Gains on sale and leaseback transactions, net	$	—	$	—	$	0.5
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	249.6		234.7		232.3
Right-of-use assets obtained in exchange for operating lease liabilities	124.2		152.1		97.7

Supplemental balance sheet information related to the weighted average remaining lease term and discount rate of our leases is as follows:

	December 31, 2021	December 31, 2020
Lease Term and Discount Rate
Weighted-average remaining lease term - operating leases	25 years	25 years
Weighted-average discount rate - operating leases	6.7%	6.4%

Schedule of maturity of lease liabilities

The following table summarizes the maturity of our lease liabilities on an undiscounted cash flow basis and a reconciliation to the operating lease liabilities recognized on our consolidated balance sheet as of December 31, 2021:

Maturity of Lease Liabilities	December 31, 2021
2022	$	248.3
2023	253.9
2024	239.7
2025	235.2
2026	225.3
2027 and thereafter	4,253.5
Total future minimum lease payments	$	5,455.9
Less: Imputed interest	(2,982.5)
Present value of future minimum lease payments	$	2,473.4
Current operating lease liabilities (1)	$	99.8
Long-term operating lease liabilities	2,373.6
Total operating lease liabilities	$	2,473.4

_____________________

(1)Included within “Accrued expenses and other current liabilities” on Consolidated Balance Sheet as of December 31, 2021.