Leases (Tables)

3 Months Ended

Apr. 30, 2019

The following table provides supplemental cash flow information related to the Company's operating leases:



(in millions)	Three Months Ended April 30, 2019
Cash flows from operating activities attributable to operating leases	$	70.9
Right-of-use assets obtained in exchange for operating lease liabilities	52.9

Amounts recognized in the Condensed Consolidated Statement of Earnings were as follows:



(in millions)	Three Months Ended April 30, 2019
Fixed operating lease expense	$	77.3
Variable operating lease expense	34.6
Sublease income	(1.2		)
Net lease expense	$	110.7

Operating Lease Maturity Schedule

The following table reconciles the undiscounted cash flows expected to be paid in each of the next five fiscal years and thereafter to the operating lease liability recorded on the Condensed Consolidated Balance Sheet for operating leases existing as of April 30, 2019:



Years ending January 31,	Minimum Lease Payments as of April 30, 2019 (in millions)
2020 *	$	202.9
2021	244.2
2022	214.4
2023	175.5
2024	142.6
Thereafter	403.3
Total minimum lease payments	1,382.9
Less: amount of total minimum lease payments representing interest	(204.5		)
Present value of future total minimum lease payments	1,178.4
Less: current portion of lease liabilities	(226.3		)
Long-term lease liabilities	$	952.1

* This amount represents minimum lease payments for the nine month period from May 1, 2019 to January 31, 2020.

Maturity Schedule as of Prior Year End

As previously disclosed in "Note J. Commitments and Contingencies" to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended January 31, 2019, under previous lease accounting, future minimum lease payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year were as follows:



Years ending January 31,	Minimum Lease Payments as of January 31, 2019 (in millions)
2020	$	292.8
2021	239.2
2022	212.8
2023	177.4
2024	146.8
Thereafter	438.0
Total minimum lease payments	$	1,507.0