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LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Lease expense:

Supplemental cash flow information:

	YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS	JUNE 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	10
Financing cash flow for financing leases⁽¹⁾	$	8
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	5
Financing leases	$	4

(1)	Interest expense related to financing leases was immaterial during second quarter 2019 and year-to-date 2019.

Supplemental balance sheet information related to leases was as follows:

DOLLAR AMOUNTS IN MILLIONS		JUNE 30, 2019
LEASES	BALANCE SHEET CLASSIFICATION
Assets
Operating lease right-of-use assets	Other assets	$	126
Financing lease right-of-use assets	Property and equipment, less accumulated depreciation		33
Total leased assets		$	159
Liabilities
Current:
Operating lease liabilities	Accrued liabilities	$	15
Financing lease liabilities	Accrued liabilities		14
Noncurrent:
Operating lease liabilities	Other liabilities		114
Financing lease liabilities	Other liabilities		24
Total lease liabilities		$	167

Weighted average remaining lease term as of June 30, 2019:

Operating leases		11 years
Financing leases		3 years

Weighted average discount rate as of June 30, 2019:

Operating leases			4.2	%
Financing leases			3.0	%

Maturities of lease liabilities as of June 30, 2019

DOLLAR AMOUNTS IN MILLIONS	OPERATING LEASES			FINANCING LEASES
2019	$	10		$	8
2020		20			13
2021		17			9
2022		17			6
2023		16			3
Thereafter		81			—
Total lease payments		161			39
Less: interest		(32	)		(1	)
Total present value of lease liabilities	$	129		$	38

Our operating lease commitments as of December 31, 2018 were: