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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of remaining operating lease payments A summary of our remaining operating lease payments as of December 31, 2020 and December 31, 2019 follows (in millions).

 

 

Year 1

 

 

Year 2

 

 

Year 3

 

 

Year 4

 

 

Year 5

 

 

Thereafter

 

 

Total

lease

payments

 

 

Amount

representing

interest

 

 

Lease

liabilities

 

December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

$

1,342

 

 

$

1,111

 

 

$

905

 

 

$

725

 

 

$

544

 

 

$

1,691

 

 

$

6,318

 

 

$

(849

)

 

$

5,469

 

2019

 

 

1,374

 

 

 

1,183

 

 

 

950

 

 

 

764

 

 

 

620

 

 

 

1,988

 

 

 

6,879

 

 

 

(997

)

 

 

5,882

 

 

Components of operating lease costs

Components of operating lease costs for the years ending December 31, 2020 and 2019, by type, are summarized in the following table (in millions). Operating lease expense was $1,649 million in 2018.

 

 

 

2020

 

 

2019

 

 

Operating lease cost

 

$

1,413

 

 

$

1,459

 

 

Short-term lease cost

 

 

145

 

 

 

178

 

 

Variable lease cost

 

 

228

 

 

 

276

 

 

Sublease income

 

 

(10

)

 

 

(24

)

 

Total lease cost

 

$

1,776

 

 

$

1,889