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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lease, Cost [Table Text Block]
The table below presents certain information related to the lease costs for finance and operating leases for the year ended (in millions):
 
December 31,
 
2019
Operating lease cost
$
37

 
 
Short-term lease cost
$
23

 
 
Finance lease cost:
 
Amortization of right-of-use assets
$
2

Interest on lease liabilities

Total finance lease cost
$
2


Leases, Cash Flow Presentation [Table Text Block]
The table below presents supplemental cash flow information related to leases for the year ended (in millions):
 
December 31,
 
2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
48

Operating cash flows from finance leases

Financing cash flows from finance leases
2

Right-of-use assets obtained in exchange for lease obligations:
 
Operating leases
$
8

Finance leases
3



Leases, Assets and Liabilities [Table Text Block]
The table below presents the lease-related assets and liabilities recorded on the balance sheet:
 
Balance Sheet Classification
 
December 31, 2019
Operating Leases (in millions):
 
 
 
Operating lease right-of-use assets
Other assets
 
$
136

Operating lease liabilities
Accrued expenses and other liabilities
 
$
180

 
 
 
 
Finance Leases (in millions):
 
 
 
Finance lease assets (a)
Property and equipment, net
 
$
5

Finance lease liabilities
Debt
 
$
5

 
 
 
 
Weighted Average Remaining Lease Term:
 
 
 
Operating leases
 
 
7.8 years

Finance leases
 
 
2.8 years

Weighted Average Discount Rate:
 
 
 
Operating leases (b) 
 
 
6.2
%
Finance leases
 
 
4.2
%
 
(a)Presented net of accumulated depreciation.
(b)Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019.
Leases, Liability Maturity [Table Text Block]
The table below presents maturities of lease liabilities as of December 31, 2019 (in millions):
 
Operating Leases
 
Finance
Leases
2020
$
39

 
$
2

2021
34

 
2

2022
30

 
1

2023
27

 

2024
26

 

Thereafter
76

 

Total minimum lease payments
232

 
5

Less: Amount of lease payments representing interest
(52
)
 

Present value of future minimum lease payments
$
180

 
$
5


Schedule of Future Minimum Rental Payments for Operating Leases
The table below presents future minimum lease payments required under non-cancelable operating leases as reported in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February 26, 2019 (in millions):
 
December 31, 2018
2019
$
34

2020
30

2021
26

2022
24

2023
22

Thereafter
99

Future minimum lease payments
$
235