v3.26.1
Leases
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company's operating leases are primarily for real estate, including medical office buildings, and corporate and other administrative offices. The Company's finance leases include certain land, buildings and improvements, medical equipment and information technology and telecommunications assets.
The following table presents the components of the Company's right-of-use assets and liabilities related to leases and their classification in the condensed consolidated balance sheets (in millions):
Classification in Condensed Consolidated Balance SheetsMarch 31, 2026December 31, 2025
Assets:
Operating lease assetsRight-of-use operating lease assets$281.5 $289.2 
Finance lease assetsProperty and equipment, net of accumulated depreciation725.4 740.4 
Total leased assets$1,006.9 $1,029.6 
Liabilities:
Operating lease liabilities:
CurrentOther current liabilities$42.2 $42.7 
Long-termRight-of-use operating lease liabilities271.9 279.9 
Total operating lease liabilities314.1 322.6 
Finance lease liabilities:
CurrentCurrent maturities of long-term debt39.3 39.0 
Long-termLong-term debt, less current maturities886.4 896.5 
Total finance lease liabilities925.7 935.5 
Total lease liabilities$1,239.8 $1,258.1 
The following table presents the components of the Company's lease expense and their classification in the condensed consolidated statements of operations (in millions):
Three Months Ended March 31,
20262025
Operating lease costs$16.7 $16.5 
Finance lease costs:
Amortization of leased assets16.9 16.0 
Interest on lease liabilities16.1 18.2 
Total finance lease costs33.0 34.2 
Variable and short-term lease costs6.5 4.6 
Total lease costs$56.2 $55.3 
The following table presents supplemental cash flow information (in millions):
Three Months Ended March 31,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$16.8 $15.8 
Operating cash outflows from finance leases15.1 16.7 
Financing cash outflows from finance leases10.8 6.2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases3.6 10.8 
Finance leases1.5 60.0 
Leases Leases
The Company's operating leases are primarily for real estate, including medical office buildings, and corporate and other administrative offices. The Company's finance leases include certain land, buildings and improvements, medical equipment and information technology and telecommunications assets.
The following table presents the components of the Company's right-of-use assets and liabilities related to leases and their classification in the condensed consolidated balance sheets (in millions):
Classification in Condensed Consolidated Balance SheetsMarch 31, 2026December 31, 2025
Assets:
Operating lease assetsRight-of-use operating lease assets$281.5 $289.2 
Finance lease assetsProperty and equipment, net of accumulated depreciation725.4 740.4 
Total leased assets$1,006.9 $1,029.6 
Liabilities:
Operating lease liabilities:
CurrentOther current liabilities$42.2 $42.7 
Long-termRight-of-use operating lease liabilities271.9 279.9 
Total operating lease liabilities314.1 322.6 
Finance lease liabilities:
CurrentCurrent maturities of long-term debt39.3 39.0 
Long-termLong-term debt, less current maturities886.4 896.5 
Total finance lease liabilities925.7 935.5 
Total lease liabilities$1,239.8 $1,258.1 
The following table presents the components of the Company's lease expense and their classification in the condensed consolidated statements of operations (in millions):
Three Months Ended March 31,
20262025
Operating lease costs$16.7 $16.5 
Finance lease costs:
Amortization of leased assets16.9 16.0 
Interest on lease liabilities16.1 18.2 
Total finance lease costs33.0 34.2 
Variable and short-term lease costs6.5 4.6 
Total lease costs$56.2 $55.3 
The following table presents supplemental cash flow information (in millions):
Three Months Ended March 31,
20262025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$16.8 $15.8 
Operating cash outflows from finance leases15.1 16.7 
Financing cash outflows from finance leases10.8 6.2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases3.6 10.8 
Finance leases1.5 60.0