Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases

Summary of net operating lease cost

	Three Months Ended		Three Months Ended
	March 31, 2020		March 31, 2019
Lease Cost
Operating lease cost (1)	$	60.0	$	63.5
Sublease income		(6.4)		(5.4)
Total lease cost	$	53.6	$	58.1

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

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

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

	Three Months Ended		Three Months Ended
	March 31, 2020		March 31, 2019
Other Information
Gains on sale and leaseback transactions, net	$	—	$	(0.2)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		56.5		59.7
Right-of-use assets obtained in exchange for operating lease liabilities		1.1		—

	March 31, 2020		December 31, 2019
Lease Term and Discount Rate
Weighted-average remaining lease term - operating leases		25 years	25 years
Weighted-average discount rate - operating leases		6.4%	6.6%

Schedule of maturity of lease liabilities

Maturity of Lease Liabilities	March 31, 2020
2020 (1)	$	180.4
2021		231.8
2022		226.5
2023		218.9
2024		212.7
2025		208.9
2026 and thereafter		3,992.5
Total future minimum lease payments	$	5,271.7
Less: Imputed interest		(2,949.6)
Present value of future minimum lease payments	$	2,322.1
Current operating lease liabilities (2)	$	88.0
Long-term operating lease liabilities		2,234.1
Total operating lease liabilities	$	2,322.1

(1) Excludes the three months ended March 31, 2020.

(2) Included within “Accrued expenses and other current liabilities” on Consolidated Condensed Balance Sheet.