Leases (Tables)

12 Months Ended

Dec. 29, 2019

The components of leases expense were as follows (in millions):



	Fiscal Year Ended December 29, 2019
Operating lease cost	$	118.3

Finance lease cost:
Amortization of right-of-use assets	$	12.4
Interest on lease liabilities	0.8
Total finance lease cost	$	13.2

Supplemental cash flow information related to leases was as follows (in millions):



	Fiscal Year Ended December 29, 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows related to operating leases	$	119.3
Operating cash flows related to finance leases	$	1.0
Financing cash flows related to finance leases	$	13.7
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	204.7
Finance leases	$	11.6

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):



	December 29, 2019
Operating Leases
Operating lease right-of-use assets	$	811.1
Accumulated amortization	(75.2		)
Operating lease right-of-use assets, net	$	735.9
Other accrued expenses	$	68.6
Operating lease liabilities	709.5
Total operating lease liabilities	$	778.1
Finance Leases
Property and equipment, gross	$	127.4
Accumulated depreciation	(90.9		)
Property and equipment, net	$	36.5
Other accrued expenses	$	12.4
Other liabilities	12.6
Total finance lease liabilities	$	25.0
Weighted Average Remaining Lease Term (Years)
Operating leases	11.81
Finance leases	1.58
Weighted Average Discount Rate
Operating leases	5.7%
Finance leases	4.6%

Maturities of lease liabilities as of December 29, 2019 are as follows (in millions):

Maturities of lease liabilities as of December 29, 2019 are as follows (in millions):

Maturities of lease liabilities as of December 30, 2018 and accounted for under the accounting guidance effective at that date were as follows:



	Operating Leases		Finance Leases
2019	$	97.2	$	15.2
2020	87.1		9.7
2021	81.1		4.4
2022	73.6		—
2023	64.4		—
Thereafter	526.9		—
	$	930.3	$	29.3
Less: interest portion of capital leases			1.5
Total			$	27.8

Maturities of lease liabilities as of December 30, 2018 and accounted for under the accounting guidance effective at that date were as follows:



	Operating Leases		Finance Leases
2019	$	97.2	$	15.2
2020	87.1		9.7
2021	81.1		4.4
2022	73.6		—
2023	64.4		—
Thereafter	526.9		—
	$	930.3	$	29.3
Less: interest portion of capital leases			1.5
Total			$	27.8