LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease, Cost

Supplemental cash flow information related to leases was as follows:

	Three months ended
(In thousands)	March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	22,921
Operating cash flows from financing leases	123
Financing cash flows from financing leases	1,522
Right-of-use & Equipment assets obtained in exchange for lease obligations:
Operating leases(1)	412,695
Financing leases	14,056

⁽¹⁾ Amounts for the three months ended March 31, 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
(In thousands)	March 31, 2019
Operating lease cost	$	22,792
Finance lease cost:
Depreciation of leased equipment	$	783
Interest on lease liabilities	123
Total finance lease cost	$	905

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

(In thousands, except lease term and discount rates)
	March 31, 2019
Operating Leases
Operating lease right-of-use assets	$	403,066
Current portion of operating lease liability	$	64,538
Operating lease liabilities	375,363
Total operating lease liabilities	$	439,901
Finance Leases
Property and Equipment, at cost	$	14,056
Accumulated depreciation	(783		)
Equipment, net	$	13,273
Current portion of finance lease	$	4,936
Finance lease liabilities	5,663
Total finance lease liabilities	$	10,599
Weighted Average Remaining Lease Term
Operating leases - years	8.4
Finance leases - years	2.4
Weighted Average Discount Rate
Operating leases	6.4		%
Finance leases	4.4		%

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 three months ended March 31, 2019)	$	67,927		$	4,374
2020	84,334			3,481
2021	77,688			2,614
2022	67,351			692
2023	56,487			—
Thereafter	225,101			—
Total Lease Payments	578,888			11,161
Less imputed interest	(138,987		)	(562		)
Total	$	439,901		$	10,599

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

Maturities of lease liabilities were as follows:

(In thousands)
	Operating			Financing
Year Ending December 31,	Leases			Leases
2019 (excluding the three months ended March 31, 2019)	$	67,927		$	4,374
2020	84,334			3,481
2021	77,688			2,614
2022	67,351			692
2023	56,487			—
Thereafter	225,101			—
Total Lease Payments	578,888			11,161
Less imputed interest	(138,987		)	(562		)
Total	$	439,901		$	10,599

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