LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Operating leases

The Company recognized the following related to operating leases in its Consolidated Balance Sheets at December 31, 2020 and 2019 (in millions):

		December 31,
	Classification in Consolidated Balance Sheet	2020		2019
Operating lease assets	Operating lease assets	$	529	$	620
Lease Liabilities:
Current operating lease liabilities	Accrued expenses and other current liabilities	$	159	$	161
Non-current operating lease liabilities	Operating lease liabilities	366		462
Total operating lease liabilities		$	525	$	623

Operating lease cost

The Company recognized the following related to operating leases in its Consolidated Statements of Operations (in millions):

		Year Ended December 31,
	Classification in Consolidated Statement of Operations	2020		2019
Lease expense	General and administrative and Information technology	$	194	$	183
Variable lease expense	General and administrative and Information technology	46		56
Less: Sublease income	General and administrative	(2)		(2)
Total lease expense, net of sublease income		$	238	$	237

Operating lease liability maturity

As of December 31, 2020, the operating lease liabilities will mature over the following periods (in millions):

2021	$	168
2022	122
2023	74
2024	50
2025	35
Thereafter	136
Total remaining lease payments	$	585
Less: Imputed interest	(60)
Total operating lease liabilities	$	525

Operating lease supplemental cash flow

Supplemental cash flow information related to operating leases is as follows (in millions):

	Year Ended December 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities	$	200	$	189
Operating lease assets obtained in exchange for lease liabilities	67		155

"Operating lease amortization" presented in the operating activities section of the Consolidated Statements of Cash Flows reflects the portion of the operating lease expense from the amortization of the operating lease assets.