Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.24.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Significant Components of Operating Lease Expense
The significant components of operating lease expense are as follows:
Three Months Ended
June 30,		 Six Months Ended
June 30,
2024 2023 2024 2023
(in thousands)
Operating lease expense $ 66,772  $ 76,999  $ 132,508  $ 142,328 
Variable and short-term lease expense 48,717  40,963  73,912  72,305 
Sublease income (1,704) (2,424) (3,113) (4,612)
Net lease expense $ 113,785  $ 115,538  $ 203,307  $ 210,021 
Supplemental Cash Flow Information for Operating Leases
Supplemental cash flow information for our operating leases is as follows:
Six Months Ended
June 30,
2024 2023
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities $ 149,049  $ 137,924 
Lease assets obtained in exchange for lease obligations, net of terminations $ 54,947  $ 87,505 
As of June 30, 2024, we have additional operating leases that have not yet commenced, with total lease payments of $137.1 million. These operating leases, which are not included on our consolidated balance sheets, have commencement dates ranging from July 2024 to June 2030 with lease terms ranging from 2 to 28 years.