Note 7. Leases

We primarily lease certain manufacturing plants, offices, warehouses, training and service centers at various locations worldwide that are classified as either operating or finance leases. Our leases have remaining lease terms up to 30 years, which include options to extend the lease term for periods up to 25 years when it is reasonably certain the option will be exercised. In the first quarter of 2019, our operating lease cost totaled $16 million. Our finance lease cost and our variable and short-term lease costs were not significant. In the first quarter of 2019, cash paid for operating lease liabilities totaled $16 million, which is classified in cash flows from operating activities. Balance sheet and other information related to our leases is as follows:

(Dollars in millions)		March 30, 2019
Operating leases:
Other assets	$	301
Other current liabilities		54
Other liabilities		250
Finance leases:
Property, plant and equipment, less accumulated amortization of $50 million	$	117
Short-term and current portion of long-term debt		7
Long-term debt		78
Weighted-average remaining lease term (in years)
Finance leases		14.2
Operating leases		10.4
Weighted-average discount rate
Finance leases		2.72%
Operating leases		4.47%

Maturities of our lease liabilities at March 30, 2019 are as follows:

(In millions)		Operating Leases		Finance Leases
2019	$	48	$	7
2020		55		9
2021		42		9
2022		35		9
2023		30		9
Thereafter		177		69
Total lease payments		387		112
Less: interest		(83)		(27)
Total lease liabilities	$	304	$	85