Leases (Tables)

3 Months Ended

Mar. 31, 2019

Other information related to our leases for the three months for the period ended March 31, 2019 is as follows:



(Amounts in thousands)
Operating Leases:
ROU assets recorded under operating leases	$	208,045
Accumulated amortization associated with operating leases	(9,389		)
Total operating leases ROU assets, net	$	198,656

Liabilities recorded under operating leases (current)	$	37,807
Liabilities recorded under operating leases (non-current)	160,315
Total operating leases liabilities	$	198,122

Finance Leases:
ROU assets recorded under finance leases	$	15,339
Accumulated depreciation associated with finance leases	(7,229		)
Total finance leases ROU assets, net(1)	$	8,110

Total finance leases liabilities(2)	$	8,080

Operating Lease Costs:
Fixed lease expense(3)	$	15,209
Variable lease expense(3)	1,575
Total operating lease expense	$	16,784

Finance Lease Costs:
Depreciation of finance lease ROU assets(3)	$	1,157
Interest on lease liabilities(4)	78
Total finance lease expense	$	1,235

_____________________

(1) Included in property plant and equipment, net

(2) Included in debt due within one year and long-term debt due after one year, accordingly

(3) Included in cost of sales and selling, general and administrative expense, accordingly

(4) Included in interest expense

Schedule of Supplemental Cash Flows Information



(Amounts in thousands, except lease term and discount rate)
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)	$	16,736
Financing cash flows from finance leases(2)	1,124
ROU assets obtained in exchange for lease obligations:
Operating leases	2,922
Finance leases	3,580
Weighted average remaining lease term (in years)
Operating leases	9 years
Finance leases	3 years
Weighted average discount rate (percent)
Operating leases	4.5		%
Finance leases	3.6		%

_____________________

(1) Included in our condensed consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other

(2) Included in our condensed consolidated statement of cash flows, financing activities, payments under other financing arrangements

Schedule of Future Finance Lease Payments

Future undiscounted lease payments under operating and finance leases as of March 31, 2019 were as follows:



Year ending December 31,	Operating Leases			Finance Leases
2019 (excluding the three months ended March 31, 2019)	$	39,503		$	3,694
2020	37,280			3,381
2021	29,229			1,441
2022	23,537			651
2023	19,843			184
Thereafter	103,411			14
Total future minimum lease payments	$	252,803		$	9,365
Less: Imputed interest	(54,681		)	(1,285		)
Total	$	198,122		$	8,080

Other current liabilities	$	37,807		$	—
Operating lease liabilities	160,315			—
Debt due within one year	—			3,915
Long-term debt due after one year	—			4,165
Total	$	198,122		$	8,080

The future minimum lease payments as of December 31, 2018 were as follows:

2019				$	68,443
2020				49,874
2021				38,446
2022				28,496
2023				21,473
Thereafter				66,518
Total future minimum lease payments				$	273,250

Schedule of Future Operating Lease Payments

Future undiscounted lease payments under operating and finance leases as of March 31, 2019 were as follows:



Year ending December 31,	Operating Leases			Finance Leases
2019 (excluding the three months ended March 31, 2019)	$	39,503		$	3,694
2020	37,280			3,381
2021	29,229			1,441
2022	23,537			651
2023	19,843			184
Thereafter	103,411			14
Total future minimum lease payments	$	252,803		$	9,365
Less: Imputed interest	(54,681		)	(1,285		)
Total	$	198,122		$	8,080

Other current liabilities	$	37,807		$	—
Operating lease liabilities	160,315			—
Debt due within one year	—			3,915
Long-term debt due after one year	—			4,165
Total	$	198,122		$	8,080

The future minimum lease payments as of December 31, 2018 were as follows:

2019				$	68,443
2020				49,874
2021				38,446
2022				28,496
2023				21,473
Thereafter				66,518
Total future minimum lease payments				$	273,250