v3.25.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
LEASES [Abstract]  
Operating Leases Included in Consolidated Balance Sheets
Operating leases are included in the consolidated balance sheets as follows:


  
Classification
  
June 30, 2025
    
December 31, 2024
  
Lease assets
                
Operating lease cost ROU assets, net
  
Assets
  
$
2,968.3
    
$
3,416.1
  
Total lease assets
      
$
2,968.3
    
$
3,416.1
  
                     
Lease liabilities
                    
Operating lease liabilities, current
  
Current liabilities
  
$
880.6
    
$
1,080.8
  
Operating lease liabilities, non-current
  
Liabilities
    
2,136.3
      
2,559.7
  
Total lease liabilities
      
$
3,016.9
    
$
3,640.5
  
Components of Lease Costs
The components of lease costs, which are included in loss from operations in our consolidated statements of operations were as follows:

   
Three months ended
  
             
   
June 30, 2025
    
June 30, 2024
  
Lease costs
            
Operating lease costs
  
$
302.5
    
$
66.2
  
Variable lease costs
    
41.5
      
21.6
  
Short-term lease costs
    
8.5
      
22.1
  
Total lease costs
  
$
352.5
    
$
109.9
  


   
Six months ended
  
             
   
June 30, 2025
    
June 30, 2024
  
Lease costs
            
Operating lease costs
  
$
577.4
    
$
111.6
  
Variable lease costs
    
67.7
      
56.1
  
Short-term lease costs
    
17.0
      
25.7
  
Total lease costs
  
$
662.1
    
$
193.4
  
Future Minimum Payments under Non-cancelable Leases for Operating Leases
Future minimum payments under non-cancellable leases for operating leases for the remaining terms of the leases following the year ended June 30, 2025, are as follows:
       
2025
  
$
569.4
  
2026
    
1,009.6
  
2027
    
1,005.1
  
2028
    
770.9
  
2029
    
87.9
  
Total future minimum lease payments
    
3,442.9
  
Amount representing interest
    
(426.0
)
Present value of net future minimum lease payments
  
$
3,016.9