v3.22.4
Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Leases
The components of lease cost were as follows:
Year Ended December 31,
202220212020
(in thousands)
Operating lease expense$109,506 $69,831 $60,450 
Sublease income(1,086)(2,478)(2,815)
Total net lease costs$108,420 $67,353 $57,635 
The weighted-average remaining lease term (in years) and discount rate related to the operating leases were as follows:
For the Year Ended December 31,
20222021
Weighted-average remaining lease term6.86.6
Weighted-average discount rate5.0 %5.0 %
The maturities of our operating lease liabilities as of December 31, 2022, were as follows:
Operating Leases
(in thousands)
Year ending December 31,
2023$66,698 
2024102,440 
202598,524 
202651,717 
202736,843 
Thereafter166,883 
Total lease payments$523,105 
Less: Imputed interest(90,349)
Present value of lease liabilities$432,756 
As of December 31, 2022, we had additional operating leases that have not yet commenced for facilities with lease obligations of $31.2 million. These operating leases will commence in 2023 with lease terms of approximately 7 years to 11 years.
Cash payments included in the measurement of our operating lease liabilities were $94.9 million, $73.9 million, and $73.3 million for the years ended December 31, 2022, 2021, and 2020, respectively.
Lease liabilities arising from obtaining operating lease right-of-use assets were $147.4 million, $99.3 million, and $36.2 million for the years ended December 31, 2022, 2021, and 2020, respectively.