XML 57 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Other Lease Information Other information related to our leases is as follows:
December 31,
20212020
(Amounts in thousands)
Finance Leases:
ROU assets recorded under finance leases $28,416 $27,624 
Accumulated depreciation associated with finance leases(12,227)(9,463)
Total finance leases ROU assets, net(1)$16,189 $18,161 
Total finance leases liabilities(2)$16,477 $18,287 
        The costs components of operating and finance leases are as follows:
December 31,
202120202019
(Amounts in thousands)
Operating Lease Costs:
Fixed lease expense(3)$57,482 $57,050 $57,450 
Variable lease expense(3)9,331 7,299 6,492 
Total operating lease expense $66,813 $64,349 $63,942 
Finance Lease Costs:
Depreciation of finance lease ROU assets(3)$5,374 $5,392 $4,729 
Interest on lease liabilities(4)617 646 352 
Total finance lease expense$5,991 $6,038 $5,081 
_____________________
(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
Supplemental cash flows information related to our leases is as follows:
December 31,
(Amounts in thousands, except lease term and discount rate)202120202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)$61,240 $66,478 $64,725 
Financing cash flows from finance leases(2)5,285 4,704 4,465 
ROU assets obtained in exchange for lease obligations:
Operating leases$35,542 $62,425 $14,569 
Finance leases4,177 13,124 10,615 
Weighted average remaining lease term (in years)
Operating leases8 years9 years9 years
Finance leases6 years7 years3 years
Weighted average discount rate (percent)
Operating leases3.9 %4.2 %4.5 %
Finance leases3.4 %3.5 %3.6 %
_____________________
(1) Included in our consolidated statement of cash flows, operating activities, prepaid expenses and other assets, net and retirement obligations and other
(2) Included in our 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 December 31, 2021, were as follows:
Year ending December 31, Operating
Leases
Finance Leases
(Amounts in thousands)
202239,602 5,277 
202334,342 3,871 
202429,800 2,461 
202524,041 1,591 
202619,653 716 
Thereafter87,367 4,597 
Total future minimum lease payments$234,805 $18,513 
Less: Imputed interest(35,391)(2,036)
Total$199,414 $16,477 
Other current liabilities$32,628 $— 
Operating lease liabilities166,786 — 
Debt due within one year— 5,169 
Long-term debt due after one year— 11,308 
Total $199,414 $16,477 
Schedule of Future Operating Lease Payments
Future undiscounted lease payments under operating and finance leases as of December 31, 2021, were as follows:
Year ending December 31, Operating
Leases
Finance Leases
(Amounts in thousands)
202239,602 5,277 
202334,342 3,871 
202429,800 2,461 
202524,041 1,591 
202619,653 716 
Thereafter87,367 4,597 
Total future minimum lease payments$234,805 $18,513 
Less: Imputed interest(35,391)(2,036)
Total$199,414 $16,477 
Other current liabilities$32,628 $— 
Operating lease liabilities166,786 — 
Debt due within one year— 5,169 
Long-term debt due after one year— 11,308 
Total $199,414 $16,477