Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases

Summary of net operating lease cost

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Lease Cost
Operating lease cost (1)	$	60.5	$	60.5	$	120.5	$	124.0
Sublease income		(6.5)		(5.7)		(12.9)		(11.1)
Total lease cost	$	54.0	$	54.8	$	107.6	$	112.9

(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

	Six Months Ended		Six Months Ended
	June 30, 2020		June 30, 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		114.3		118.3
Right-of-use assets obtained in exchange for operating lease liabilities		2.6		2.3

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

	June 30, 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		6.6%	6.6%

Schedule of maturity of lease liabilities

Maturity of Lease Liabilities	June 30, 2020
2020 (1)	$	123.3
2021		233.8
2022		229.5
2023		221.6
2024		215.2
2025		213.0
2026 and thereafter		4,044.5
Total future minimum lease payments	$	5,280.9
Less: Imputed interest		(2,941.6)
Present value of future minimum lease payments	$	2,339.3
Current operating lease liabilities (2)	$	86.7
Long-term operating lease liabilities		2,252.6
Total operating lease liabilities	$	2,339.3

(1)Excludes the six months ended June 30, 2020.

(2)Included within “Accrued expenses and other current liabilities” on Consolidated Condensed Balance Sheet as of June 30, 2020.