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Leases (Tables)

12 Months Ended

Dec. 31, 2019

($ in millions)	As Reported December 31, 2018			ASC 842 Transition Adjustment			Adjusted January 1, 2019
Assets
Other assets	$	265		$	205	⁽¹⁾	$	470

Liabilities and Equity (Deficit)
Other current liabilities	$	394		$	32	⁽²⁾	$	426
Other liabilities	$	281		$	158	⁽³⁾	$	439
Deferred income taxes	$	1,109		$	4	⁽⁴⁾	$	1,113
Accumulated deficit	$	(2,752	)	$	11	⁽⁵⁾	$	(2,741	)

⁽¹⁾

Includes $205 million of operating Right-of-use (ROU) assets recorded upon adoption.

⁽²⁾

Includes $46 million of operating lease liabilities, partially offset by $14 million recognition of the current portion of deferred gains on sale of property to accumulated deficit.

⁽³⁾

Includes $168 million of operating lease liabilities, partially offset by $1 million recognition of deferred gains on sale of property to accumulated deficit and $9 million of deferred rent reclassified to Operating Right-of-use assets.

⁽⁴⁾

Represents the tax effect of the recognition of $15 million in deferred gains on sale of property to accumulated deficit.

⁽⁵⁾

Includes the recognition of $15 million in deferred gains on the sale of property, partially offset by $4 million tax impact on the recognition of the gain.

Components Of Lease Cost

($ in millions)	For the year ended December 31, 2019

Lease cost:
Finance lease cost:
Amortization of right-of-use assets	$	19
Interest on lease liabilities		15
Finance lease cost		34
Operating lease cost ⁽¹⁾		79
Sublease income		(11	)
Total Lease cost	$	102

⁽¹⁾

Includes short-term lease cost of $3 million and variable lease cost of $6 million for the year ended December 31, 2019, respectively.

Supplemental Balance Sheet Information Related To Leases

($ in millions)	December 31, 2019

Operating right-of-use assets	$	204	⁽¹⁾
Finance right-of-use assets	$	167	⁽²⁾

Operating lease liabilities	$	211	⁽³⁾
Finance lease liabilities	$	167	⁽⁴⁾

Operating leases:
Weighted-average remaining lease term	7.54 years
Weighted-average discount rate		8.25	%

Finance leases:
Weighted-average remaining lease term	9.10 years
Weighted-average discount rate		7.98	%

⁽¹⁾

Operating ROU assets are included in Other assets on our consolidated balance sheet.

⁽²⁾

Finance ROU assets are included in Property, plant, and equipment on our December 31, 2019 consolidated balance sheet.

⁽³⁾

This amount represents $44 million and $167 million included in other current liabilities and other liabilities, respectively, on our December 31, 2019 consolidated balance sheet.

⁽⁴⁾

This amount represents $25 million and $142 million included in other current liabilities and other liabilities, respectively, on our December 31, 2019 consolidated balance sheet.

Supplemental Cash Flow Information Related To Leases

($ in millions)	For the year ended December 31, 2019

Cash paid for amount included in the measurement of lease liabilities, net of amounts received as revenue:
Operating cash flows provided by operating leases	$	70
Operating cash flows used by operating leases	$	(76	)
Operating cash flows used by finance leases	$	(15	)
Financing cash flows used by finance leases	$	(35	)

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	42
Finance leases	$	34

Maturity Analysis For Operating And Finance Lease Liabilities

($ in millions)	Operating Leases			Finance Leases
Future maturities:
2020	$	50		$	44
2021		45			38
2022		42			33
2023		39			29
2024		34			21
Thereafter		88			102
Total lease payments		298			267
Less: imputed interest		(72	)		(72	)
Present value of lease liabilities	$	226	⁽¹⁾	$	195	⁽²⁾

⁽¹⁾

Includes $15 million related to our Northwest Operations.

⁽²⁾

Includes $28 million related to our Northwest Operations.

Maturity Analysis For Operating Leases From Customers

($ in millions)	Operating Lease Payments
Future maturities of lease payments from customers:
2020	$	11
2021		10
2022		10
2023		10
2024		1
Thereafter		-
Total lease payments from customers	$	42