LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of Lease Expense

The components of lease expense follows:

	Three months ended June 30, 2019			Six months ended June 30, 2019
Operating lease cost	$	36		$	78
Finance lease cost:
Amortization of lease assets	1			2
Interest on lease liabilities	1			1
Short-term lease cost	14			27
Variable lease cost	7			11
Sublease income	(1		)	(2		)
Total lease cost	$	58		$	117

Supplemental Cash Flow Related To Leases

Supplemental cash flow information related to leases follows:

	Six months ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$	(76	)
Operating cash outflows - interest payments on finance leases	(1		)
Financing cash outflows - payments on finance lease obligations	(2		)
Lease assets obtained in exchange for new lease obligations:
Operating leases	$	42
Finance leases	12

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases follows:

	June 30, 2019
Operating Leases
Operating lease assets	$	419
Other current liabilities	121
Operating lease liabilities	311
Total operating lease liabilities	$	432
Finance Leases
Land and buildings	$	18
Machinery and equipment	12
Accumulated depreciation	(13		)
Net property, plant and equipment	$	17
Current portion of long-term debt	$	5
Long-term debt	13
Total finance lease liabilities	$	18
Weighted-average remaining lease term
Operating leases	5.2 years
Finance leases	4.1 years
Weighted-average discount rate
Operating leases	3.6		%
Finance leases	6.1		%

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities at June 30, 2019 follows:

	Operating Leases		Finance Leases
2019	$	74	$	3
2020	126		6
2021	94		5
2022	63		3
2023	43		3
Thereafter	87		1
Total lease payments	$	487	$	21
Less imputed interest	55		3
Total present value of lease liabilities	$	432	$	18

Finance Lease, Liability, Maturity

Maturities of lease liabilities at June 30, 2019 follows:

	Operating Leases		Finance Leases
2019	$	74	$	3
2020	126		6
2021	94		5
2022	63		3
2023	43		3
Thereafter	87		1
Total lease payments	$	487	$	21
Less imputed interest	55		3
Total present value of lease liabilities	$	432	$	18

Schedule of Future Minimum Rental Payments for Operating Leases

at December 31, 2018 under noncancelable operating leases, which expire at various dates and in most cases contain renewal options, for each of the next five years and thereafter in the aggregate, follow:

	Operating Leases
2019	$	165
2020	133
2021	106
2022	75
2023	53
Thereafter	110
Total lease commitments	$	642