LEASES (Tables)

3 Months Ended

Mar. 31, 2026

Significant Components of Operating Lease Expense

The significant components of operating lease expense are as follows:


	Three Months Ended March 31,
		2026		2025
		(in thousands)
Operating lease expense		$	77,611	$	70,028
Variable and short-term lease expense		36,258		27,722
Sublease income		(1,715)		(1,602)
Net lease expense		$	112,154	$	96,148

Supplemental Cash Flow Information for Operating Leases

Supplemental cash flow information for our operating leases is as follows:


	Three Months Ended March 31,
	2026		2025
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	87,596	$	77,543
Lease assets obtained in exchange for lease obligations, net of terminations	$	90,260	$	86,559

As of March 31, 2026, we have additional operating leases that have not yet commenced, with total lease payments of $1.4 billion. These operating leases, which are not included on our consolidated balance sheets, have commencement dates ranging from April 2026 to June 2030 with lease terms ranging from 5 to 49 years.