v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
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,
2026202520262025
(in thousands)
Operating lease expense$79,389 $77,157 $157,000 $147,185 
Variable and short-term lease expense56,017 47,218 92,275 74,940 
Sublease income(1,914)(1,745)(3,629)(3,347)
Net lease expense$133,492 $122,630 $245,646 $218,778 
Supplemental Cash Flow Information for Operating Leases
Supplemental cash flow information for our operating leases is as follows:
Six Months Ended
June 30,
20262025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities$164,589 $153,397 
Lease assets obtained in exchange for lease obligations, net of terminations$104,031 $157,038 
As of June 30, 2026, we have additional operating leases that have not yet commenced, with total lease payments of $876.0 million. These operating leases, which are not included on our consolidated balance sheets, have commencement dates ranging from July 2026 to June 2030 to correlate with the completion of construction activities by the lessor with lease terms ranging from 5 to 49 years.