LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease, Cost

Supplemental cash flow information related to leases was as follows:

	Three months ended		Nine months ended
(In thousands)	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	24,739	$	71,926
Operating cash flows from financing leases	91		319
Financing cash flows from financing leases	1,363		4,299
Right-of-use & Equipment assets obtained in exchange for lease obligations:
Operating leases(1)	15,984		462,613
Financing leases	32		14,088

⁽¹⁾ Amounts for the nine months ended September 30, 2019 include the transition adjustment for the adoption of Topic 842 discussed in Note 2, Significant Accounting Policies for further information.

The components of lease expense were as follows:

	Three months ended		Nine months ended
(In thousands)	September 30, 2019
Operating lease cost	$	24,497	$	71,568
Finance lease cost:
Depreciation of leased equipment	$	724	$	2,351
Interest on lease liabilities	91		319
Total finance lease cost	$	815	$	2,670

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

(In thousands, except lease term and discount rates)
	September 30, 2019
Operating Leases
Operating lease right-of-use assets	$	438,558
Current portion of operating lease liability	$	69,308
Operating lease liabilities	410,958
Total operating lease liabilities	$	480,266
Finance Leases
Property and Equipment, at cost	$	14,088
Accumulated depreciation	(2,351		)
Equipment, net	$	11,737
Current portion of finance lease	$	4,095
Finance lease liabilities	4,042
Total finance lease liabilities	$	8,137
Weighted Average Remaining Lease Term
Operating leases - years	8.5
Finance leases - years	3.2
Weighted Average Discount Rate
Operating leases	6.4		%
Finance leases	4.2		%

Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows:

(In thousands)
	Operating			Financing
Year Ending December 31,	Leases			Leases
2019 (excluding the nine months ended September 30, 2019)	$	24,616		$	1,716
2020	95,158			3,481
2021	88,085			2,614
2022	78,279			691
2023	67,021			—
Thereafter	282,379			—
Total Lease Payments	635,538			8,502
Less imputed interest	(155,272		)	(365		)
Total	$	480,266		$	8,137

As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting, maturities of operating lease liabilities were as follows as of December 31, 2018 (in thousands):

	Facilities		Equipment		Total
2019	$	75,588	$	14,924	$	90,512
2020	66,116		14,385		80,501
2021	57,826		12,966		70,792
2022	48,542		10,264		58,806
2023	38,800		7,095		45,895
Thereafter	160,327		5,144		165,471
	$	447,199	$	64,778	$	511,977

Maturities of Financing Lease Liabilities

As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting, maturities of operating lease liabilities were as follows as of December 31, 2018 (in thousands):

	Facilities		Equipment		Total
2019	$	75,588	$	14,924	$	90,512
2020	66,116		14,385		80,501
2021	57,826		12,966		70,792
2022	48,542		10,264		58,806
2023	38,800		7,095		45,895
Thereafter	160,327		5,144		165,471
	$	447,199	$	64,778	$	511,977

Maturities of lease liabilities were as follows:

(In thousands)
	Operating			Financing
Year Ending December 31,	Leases			Leases
2019 (excluding the nine months ended September 30, 2019)	$	24,616		$	1,716
2020	95,158			3,481
2021	88,085			2,614
2022	78,279			691
2023	67,021			—
Thereafter	282,379			—
Total Lease Payments	635,538			8,502
Less imputed interest	(155,272		)	(365		)
Total	$	480,266		$	8,137