Leases (Tables)

12 Months Ended

Dec. 31, 2019

The following tables provide information on the Company's operating leases at and for the year ended December 31, 2019:



	(In thousands)
Lease costs:
Operating lease cost	$	43,759
Variable lease cost	1,555
Short-term lease cost	120,030
Total lease costs	$	165,344



	(Dollars in thousands)
Weighted average remaining lease term	3.13 years
Weighted average discount rate	4.41		%
Cash paid for amounts included in the measurement of lease liabilities	$	43,477

Lessee, Operating Lease, Liability, Maturity

The reconciliation of the future undiscounted cash flows to the operating lease liabilities presented on the Consolidated Balance Sheet at December 31, 2019, was as follows:



	(In thousands)
2020	$	35,156
2021	24,893
2022	16,932
2023	10,227
2024	7,368
Thereafter	47,926
Total	142,502
Less discount	27,096
Total operating lease liabilities	$	115,406

The undiscounted annual minimum lease payments due under the Company's leases following the previous lease accounting standard as of December 31, 2018, were as follows:



	2019		2020		2021		2022		2023		Thereafter
	(In thousands)
Operating leases	$	37,740	$	26,255	$	17,868	$	11,647	$	7,278	$	49,098