Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Composition of Lease Expense and Supplemental Cash Flows

The following table details the composition of lease expense for the 2019 second quarter and 2019 first half:

	June 30, 2019
($ in millions)	Three Months Ended		Six Months Ended
Operating lease cost	$	46	$	91
Variable lease cost	31		58

The following table presents supplemental cash flow information for the 2019 first half:

	Six Months Ended
($ in millions)	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	89
Operating cash outflows for finance leases	4
Financing cash outflows for finance leases	3

Maturities of Finance Lease Liabilities

The following tables present our future minimum lease payments and additional information about our lease obligations as of June 30, 2019:

($ in millions)	Operating Leases			Finance Leases
2019, remaining	$	90		$	6
2020	164			13
2021	148			13
2022	142			13
2023	114			13
Thereafter	680			165
Total minimum lease payments	$	1,338		$	223
Less: Amount representing interest	(318		)	(63		)
Present value of minimum lease payments	$	1,020		$	160

Maturities of Operating Lease Liabilities

The following tables present our future minimum lease payments and additional information about our lease obligations as of June 30, 2019:

($ in millions)	Operating Leases			Finance Leases
2019, remaining	$	90		$	6
2020	164			13
2021	148			13
2022	142			13
2023	114			13
Thereafter	680			165
Total minimum lease payments	$	1,338		$	223
Less: Amount representing interest	(318		)	(63		)
Present value of minimum lease payments	$	1,020		$	160

Lease Terms and Discount Rate

	June 30, 2019
Weighted Average Remaining Lease Term (in years)
Operating leases	11
Finance leases	15
Weighted Average Discount Rate
Operating leases	5.0	%
Finance leases	4.4	%

Balance Sheet Classification of Leases

The following table details the classification of lease liabilities in our Balance Sheets:

($ in millions)	Caption	June 30, 2019
Operating lease liabilities
Current	Accrued expenses and other	$	127
Noncurrent	Operating lease liabilities	893
		$	1,020
Finance lease liabilities
Current	Current portion of long-term debt	$	6
Noncurrent	Long-term debt	154
		$	160