Leases (Tables)

12 Months Ended

Dec. 31, 2019

Future lease maturities under non-cancellable leases were as follows for the years ended December 31:

Components of lease expense were as follows for the year ended December 31, 2019:



(Millions)	Classification
Operating lease costs (a)	Cost of services, Selling, general and administrative	$	803.2
Finance lease costs
Amortization of right-of-use assets	Depreciation and amortization	44.4
Interest on lease liabilities	Interest expense	4.1
Net lease expense		$	851.7


(a)	Includes short-term leases and variable lease costs which are not material.

7. Leases, Continued:

Supplemental balance sheet information related to leases was as follows:



(Millions)	December 31, 2019
Operating Leases
Operating lease right-of-use assets	$	4,018.0
Current portion of operating lease obligations	3,791.2
Operating lease liabilities	251.6
Operating lease liabilities prior to reclassification to liabilities subject to compromise	4,042.8
Less amounts reclassified to liabilities subject to compromise	(4,040.7		)
Total operating lease liabilities	$	2.1
Finance Leases
Property, plant and equipment, gross	$	257.2
Accumulated depreciation	(191.6		)
Net property, plant and equipment	65.6
Other current liabilities	23.3
Other liabilities	25.6
Finance lease liabilities prior to reclassification to liabilities subject to compromise	48.9
Less amounts reclassified to liabilities subject to compromise	(45.0		)
Total finance lease liabilities	$	3.9
Weighted Average Remaining Lease Term
Operating leases	10.0 years
Finance leases	4.1 years
Leaseback of real estate contributed to pension plan	10.8 years
Weighted Average Discount Rate
Operating leases	13.9		%
Finance leases	6.6		%
Leaseback of real estate contributed to pension plan	8.6		%

Supplemental cash flow information related to leases was as follows for the year ended December 31, 2019:



(Millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	787.4
Operating cash outflows from finance leases	$	4.3
Financing cash outflows from finance leases	$	49.3
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	6.5
Finance leases	$	11.5

As of December 31, 2019, future minimum lease payments under non-cancellable leases were as follows:



(Millions)	Operating Leases (a)		Leaseback of Real Estate Contributed to Pension Plan (a)		Financing Leases (a)
2020	$	789.6	$	6.7	$	25.2
2021	759.7		6.9		10.4
2022	742.8		7.1		5.7
2023	728.4		7.3		5.6
2024	714.5		6.2		3.6
Thereafter	3,795.7		48.8		10.7
Total future minimum lease payments	7,530.7		83.0		61.2
Less: Amounts representing interest	3,487.9		61.9		12.3
Add: Residual value	—		50.9		—
Present value of lease liabilities	$	4,042.8	$	72.0	$	48.9

As of December 31, 2019, future minimum lease payments under non-cancellable leases were as follows:



(Millions)	Operating Leases (a)		Leaseback of Real Estate Contributed to Pension Plan (a)		Financing Leases (a)
2020	$	789.6	$	6.7	$	25.2
2021	759.7		6.9		10.4
2022	742.8		7.1		5.7
2023	728.4		7.3		5.6
2024	714.5		6.2		3.6
Thereafter	3,795.7		48.8		10.7
Total future minimum lease payments	7,530.7		83.0		61.2
Less: Amounts representing interest	3,487.9		61.9		12.3
Add: Residual value	—		50.9		—
Present value of lease liabilities	$	4,042.8	$	72.0	$	48.9

Future minimum lease payments as of December 31, 2018, as disclosed in our 2018 Form 10-K under ASC 840, were as follows:



(Millions)	Operating Leases (a)		Leaseback of Telecommunications Network Assets		Leaseback of Real Estate Contributed to Pension Plan (a)		Capital Leases (a)
2019	$	159.0	$	658.9	$	6.5	$	54.5
2020	108.8		662.2		6.7		25.8
2021	87.3		665.6		6.9		8.6
2022	66.3		668.9		7.1		4.3
2023	51.2		672.2		7.3		4.2
Thereafter	182.6		4,323.1		55.0		5.1
Total future minimum lease payments	$	655.2	$	7,650.9	$	89.5	102.5
Less: Amounts representing interest							8.4
Present value of lease liabilities							$	94.1

(a)Includes options to extend lease terms that are reasonably certain of being exercised.