Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of lease expense were as follows:



	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
	(In millions)
Operating lease expense	$	8	$	17

Finance lease expense:
Amortization of right-of-use (“ROU”) assets	$	4	$	8
Interest on lease liabilities	4		8
Total finance lease expense	$	8	$	16

Supplemental consolidated cash flow information related to leases follows:



	Six Months Ended June 30, 2019
	(In millions)
Cash used in operating activities:
Operating leases	$	19
Finance leases	7
Cash used in financing activities:
Finance leases	3
ROU assets recognized in exchange for lease obligations:
Operating leases	95
Finance leases	241

Supplemental information related to leases, including location of amounts reported in the accompanying consolidated balance sheets, follows:



	June 30, 2019
	(In millions)
Operating leases:
ROU assets
Other assets	$	77
Lease liabilities
Accounts payable and accrued liabilities (current)	29
Other long-term liabilities (non-current)	56
Total operating lease liabilities	$	85
Finance leases:
ROU assets
Property, equipment, and capitalized software, net	$	233
Lease liabilities
Accounts payable and accrued liabilities (current)	$	7
Finance lease liabilities (non-current)	232
Total finance lease liabilities	$	239

Maturities of lease liabilities as of June 30, 2019, were as follows:



	Operating Leases			Finance Leases
	(In millions)
2019 (excluding the six months ended June 30, 2019)	$	18		$	11
2020	28			22
2021	18			22
2022	12			21
2023	10			21
Thereafter	9			311
Total lease payments	95			408
Less imputed interest	(10		)	(169		)
Totals	$	85		$	239

Maturities of lease liabilities as of June 30, 2019, were as follows:



	Operating Leases			Finance Leases
	(In millions)
2019 (excluding the six months ended June 30, 2019)	$	18		$	11
2020	28			22
2021	18			22
2022	12			21
2023	10			21
Thereafter	9			311
Total lease payments	95			408
Less imputed interest	(10		)	(169		)
Totals	$	85		$	239