Operating leases under ASC 842 are put on the balance sheet, so the output looks essentially the same as for finance leases, except that the column for interest paid is replaced by a column for the operating lease cost. The depreciation column is titled Net Asset; the number for the period is the change in accumulated depreciation, which is not recognized separately as an expense (it is part of the lease cost). See Amortization Schedule - Finance Leases, earlier, for the rest of the report layout.
A lease that starts before the transition date to ASC 842 is shown with the FAS 13 information (including rent leveling) up to the transition date, then the ASC 842 format for later dates. If the transition date is in the middle of a rent payment period, a report period is created that ends the day before the transition, so that all non-capitalized operating information is shown with the old format, then capitalized operating information with the new format.
Operating Leases – ASC 842
Since operating leases are capitalized under ASC 842, the report is very similar to that for finance leases. However, instead of depreciation and interest expense, the report includes the operating lease cost.