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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Supplemental Cash Flow Information
Supplemental cash flow information related to leases consisted of the following (in thousands):
Nine Months Ended
September 30,
20202019
Cash paid for operating lease liabilities$62,873 $57,912 
Right-of-use assets obtained in exchange for new operating lease liabilities$34,530 $25,137 
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases consisted of the following:
September 30,
2020
December 31,
2019
Weighted average remaining lease term for operating leases4.7 years4.8 years
Weighted average discount rate for operating leases2.7 %3.0 %
Schedule of Future Minimum Lease Payments
Future minimum lease payments under non-cancellable leases as of September 30, 2020, were as follows (in thousands):
2020 (excluding the nine months ended September 30, 2020)
$21,126 
202180,205 
202265,237 
202354,750 
202444,236 
Thereafter53,806 
Less: Imputed interest(19,654)
Present value of operating lease liabilities (a)$299,706 
(a) Includes current portion of $76.6 million for operating leases.