Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of components of lease expense, supplemental cash and noncash and balance sheet information

The components of lease expense were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(In millions)
Lease expense
Operating lease expense	$	42	$	42	$	129	$	122
Sublease income	(2)		(2)		(6)		(4)
Lease expense, net	$	40	$	40	$	123	$	118

Supplemental cash flow information related to leases was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	42	$	40	$	126	$	113
Right-of-use (“ROU”) assets obtained in exchange for operating lease liabilities	$	47	$	15	$	58	$	261

Supplemental balance sheet information related to leases was as follows:

	September 30, 2021			December 31, 2020
	(In millions, except weighted-average figures)
Operating lease ROU assets	$	645		$	707
Other current operating lease liabilities	135			144
Operating lease liabilities	616			642
Total operating lease liabilities	$	751		$	786
Weighted-average remaining lease term—operating leases	6.3 years			6.9 years
Weighted-average discount rate—operating leases	3		%	3		%

Schedule of future minimum operating lease payments

Future minimum lease payments for our operating leases as of September 30, 2021 were as follows:

	Operating Leases
Fiscal years:	(In millions)
Remaining 2021	$	42
2022	147
2023	138
2024	120
2025	102
Thereafter	275
Total	$	824
Less: present value discount	(73)
Lease liability	$	751