LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Supplemental cash flow and other information related to leases was as follows (in millions):



	Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows related to operating leases	$	7
Financing cash flows related to finance leases	$	4

Weighted average remaining lease term (in years):
Operating leases	11.8
Finance leases	33.4

Weighted average discount rate:
Operating leases	4.65		%
Finance leases	5.06		%

The components of lease expense were as follows (in millions):



	Three Months Ended		Nine Months Ended
	September 30, 2019
Finance lease:
Amortization of assets, included in Depreciation and amortization expense	$	1	$	5
Interest on lease liabilities, included in Interest expense	1		3
Operating lease:
Amortization of assets, included in Total operating expense	2		6
Interest on lease liabilities, included in Total operating expense	1		2
Total net lease cost	$	5	$	16

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):



	September 30, 2019
Operating leases:
Operating lease ROU assets, included in Other assets	$	48

Current operating lease liabilities, included in Accrued expenses and other current liabilities	$	6
Noncurrent operating lease liabilities, included in Other liabilities	47
Total operating lease liabilities	$	53

Finance leases:
Property and equipment, at cost	$	166
Accumulated amortization	(23		)
Property and equipment, net	$	143

Current obligations of finance leases, included in Current portion of long-term debt	$	6
Finance leases, net of current obligations, included in Long-term debt	83
Total finance lease liabilities	$	89

Maturities of lease liabilities were as follows (in millions):



	September 30, 2019
	Operating Leases			Finance Leases
Remainder of 2019	$	2		$	3
2020	8			11
2021	8			11
2022	7			11
2023	7			10
2024 and thereafter	38			111
Total lease payments	70			157
Less: Amounts representing interest	(17		)	(68		)
Total lease obligations	$	53		$	89

Maturities of lease liabilities were as follows (in millions):



	September 30, 2019
	Operating Leases			Finance Leases
Remainder of 2019	$	2		$	3
2020	8			11
2021	8			11
2022	7			11
2023	7			10
2024 and thereafter	38			111
Total lease payments	70			157
Less: Amounts representing interest	(17		)	(68		)
Total lease obligations	$	53		$	89