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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Summary of net operating lease cost
The following table summarizes our net operating lease cost during the three and nine months ended September 30, 2024 and 2023:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Lease Cost
Operating lease cost (1)
$67.7 $63.7 $201.1 $193.3 
Sublease income(4.4)(4.2)(12.0)(12.7)
Total lease cost$63.3 $59.5 $189.1 $180.6 
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(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:
Nine Months Ended
September 30, 2024
Nine Months Ended
September 30, 2023
Other Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$202.4 $193.4 
Right-of-use assets modified or obtained in exchange for operating lease liabilities, net$133.7 $36.2 
Supplemental balance sheet information related to the weighted average remaining lease term and discount rate of our leases is as follows:
September 30, 2024December 31, 2023
Lease Term and Discount Rate
Weighted-average remaining lease term - operating leases24 years24 years
Weighted-average discount rate - operating leases6.7 %6.7 %
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 condensed balance sheet as of September 30, 2024:
Maturity of Lease LiabilitiesSeptember 30, 2024
2024 (1)
$65.5 
2025258.9 
2026252.6 
2027243.4 
2028241.0 
2029234.7 
2030 and thereafter
4,122.2 
Total future minimum lease payments$5,418.3 
Less: Imputed interest(2,893.4)
Present value of future minimum lease payments$2,524.9 
Current operating lease liabilities (2)
$88.3 
Long-term operating lease liabilities2,436.6 
Total operating lease liabilities $2,524.9 
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(1)Excludes the nine months ended September 30, 2024.
(2)Included within "Accrued expenses and other current liabilities" on Consolidated Condensed Balance Sheet as of September 30, 2024.