Please explain and discuss how leases are employed in Johnson and Johnson industry. Would you be more likely to find an operating lease employed for a fleet of trucks or for a manufacturing plant?

Also, one advantage of leasing voiced in the past (prior 2019) is that it kept liabilities off the balance sheet, thus making it possible for a firm to obtain more leverage than it otherwise could have. This raised question of whether or not both the lease obligation and the asset involved should be capitalized and shown on the balance sheet. Discuss the pros and cons of capitalizing leases and related assets.