Leases

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Leases

Leases

Lessor

Lease revenue for the Company’s mall operations consists of the following:

	Three Months Ended June 30,
	2022				2021
	Mall		Other		Mall		Other
	(In millions)
Minimum rents	$	126	$	1	$	126	$	1
Overage rents	12		—		17		—
Rent concessions(1)	(12)		—		(17)		—
Total overage rents, rent concessions and other	—		—		—		—
	$	126	$	1	$	126	$	1

	Six Months Ended June 30,
	2022				2021
	Mall		Other		Mall		Other
	(In millions)
Minimum rents	$	250	$	1	$	257	$	1
Overage rents	26		—		34		—
Rent concessions(1)	(24)		—		(37)		—
Other(2)	—		—		6		—
Total overage rents, rent concessions and other	2		—		3		—
	$	252	$	1	$	260	$	1

___________________

(1)Rent concessions were provided for the periods presented to tenants as a result of the COVID-19 Pandemic and the impact on mall operations.

(2)Amount related to a grant provided by the Singapore government to lessors to support small and medium enterprises impacted by the COVID-19 Pandemic in connection with their rent obligations.