RESTRUCTURING (Tables)

12 Months Ended

Dec. 31, 2019

Restructuring and Related Activities [Abstract]

Restructuring Expenses Included in Consolidated Statements of Operations

Total expenses included in the accompanying consolidated statements of operations relating to the aforementioned restructuring plan is as follows:

	Year Ended December 31,
	2019		2018		2017
2018 Restructuring Program	$	60	$	49	$	—

Changes to the Restructuring Liability

Changes to the restructuring liability were as follows:

2018 Restructuring Program:	Employee Termination Costs		Contract Termination Costs		Total Restructuring Liability (2)
Balance as of December 31, 2017	$	—	$	—	$	—
Cost incurred and adjustments	33		12		45
Cash payments and adjustments	(3)		—		(3)
Balance as of December 31, 2018	$	30	$	12	$	42
Adoption of New Lease Accounting Standard (1)	—		(11)		(11)
Cost incurred and adjustments	26		5		31
Cash payments and adjustments	(35)		(3)		(38)
Balance as of December 31, 2019	$	21	$	3	$	24
Cumulative expense incurred to date	$	59	$	50

⁽¹⁾Upon the adoption of the New Lease Accounting Standard, the Company recorded a reclassification of $11 million of liabilities in the first quarter of 2019 for costs associated with certain real estate leases which were exited in previous years, as a reduction of the ROU Asset capitalized upon adoption.

⁽²⁾The liability excludes $4 million of non-cash acceleration of amortization of leasehold improvements relating to the rationalization and exit of certain real estate leases as well as $25 million of ROU Asset impairment charges for the year ended December 31, 2019. The fair value of the impaired ROU Assets was determined by utilizing the present value of the estimated future cash flows attributable to the assets. The fair value of those ROU assets subsequent to the impairment was $18 million, and is categorized as Level 3 within the ASC Topic 820 fair value hierarchy.