Leases (Table Text Block)

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Supplemental Balance Sheet Information Related to Leases

		As of June 30, 2019
		(Unaudited)
		(In thousands)
		Finance		Operating		Total
Buildings and improvements	$	0	$	110,096	$	110,096
Furniture and equipment		36,304		0		36,304
Rental trailers and other rental equipment		129,826		0		129,826
Rental trucks		1,813,633		0		1,813,633
Right-of-use assets, gross		1,979,763		110,096		2,089,859
Less: Accumulated depreciation		(714,740)		(4,712)		(719,452)
Right-of-use assets, net	$	1,265,023	$	105,384	$	1,370,407

Summary of Weighted-average remaining lease terms and Discount rates

	Finance		Operating
Weighted average remaining lease term (years)	5 Years		15 Years
Weighted average discount rate	3.4	%	4.5	%

Components of Lease Expense

		Three Months Ended
		June 30, 2019
		(Unaudited)
		(In thousands)
Operating lease costs	$	7,172
Finance lease cost:
Amortization of right-of-use assets	$	50,208
Interest on lease liabilities		8,745
Total finance lease cost	$	58,953

Maturities of Lease Liabilities

		Finance leases		Operating leases
		(Unaudited)
Year ending June 30,		(In thousands)
2020	$	275,558	$	22,936
2021		196,972		19,879
2022		156,144		18,467
2023		124,371		17,740
2024		93,732		17,118
Thereafter		101,429		66,634
Total lease payments		948,206		162,774
Less: imputed interest		0		(57,766)
Present value of lease liabilities	$	948,206	$	105,008