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Lease Commitments - (Tables)
 6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Assets And Liabilities Of Lessee
The classification of operating and finance lease asset and liability balances within the Condensed Consolidated Statements of Financial Position is as follows (in millions):
As of
 
June 30, 2019
Assets
 
 
Operating lease assets
Operating lease right-of-use assets
$
959

Finance lease assets
Other non-current assets
65

Total lease assets
 
$
1,024

 
 
 
Liabilities
 
 
Current lease liabilities
 
 
   Operating
Other current liabilities
$
199

   Finance
Other current liabilities
27

Non-current lease liabilities
 
 
   Operating
Non-current operating lease liabilities
962

   Finance
Other non-current liabilities
37

Total lease liabilities
 
$
1,225
Lease, Cost
Weighted average remaining lease term and discount rate related to operating and finance leases are as follows:
As of
June 30,
 2019
Weighted average remaining lease term (years)
 
   Operating leases
8.0

   Finance leases
2.5

Weighted average discount rate
 
   Operating leases
3.3
%
   Finance leases
2.4
%

Other cash and non-cash related activities are as follows (in millions):
 
Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
   Operating cash flows for operating leases
$
116

Non-cash related activities
 
ROU assets obtained in exchange for new operating lease liabilities
$
50




The components of lease costs are as follows (in millions):
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
Operating lease cost
$
65

 
$
133

Finance lease costs
 
 
 
   Amortization of leased assets
6

 
13

   Interest on lease liabilities
—

 
1

Variable lease cost
12

 
18

Short-term lease cost (1)
1

 
2

Sublease income
(8
)
 
(16
)
Net lease cost
$
76

 
$
151

(1) Short-term lease cost does not include expenses related to leases with a lease term of one month or less.
Lessee Operating Lease Liability Maturity
Maturity analysis of operating and finance leases as of June 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
127

 
$
14

 
$
(17
)
 
$
124

2020
248

 
28

 
(34
)
 
242

2021
224

 
22

 
(33
)
 
213

2022
198

 
2

 
(34
)
 
166

2023
144

 
—

 
(15
)
 
129

Thereafter
511

 
—

 
(8
)
 
503

Total undiscounted future minimum lease payments
$
1,452

 
$
66

 
$
(141
)
 
$
1,377

Less: Imputed interest
(151
)
 
(1
)
 
—

 
(152
)
Present value of lease liabilities
$
1,301

 
$
65

 
$
(141
)
 
$
1,225

At December 31, 2018, future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year are as follows (in millions):
Year Ended December 31, 2018
Gross rental commitments
 
Rentals from subleases
 
Net rental commitments
2019
$
303

 
$
(34
)
 
$
269

2020
253

 
(30
)
 
223

2021
221

 
(30
)
 
191

2022
182

 
(30
)
 
152

2023
148

 
(12
)
 
136

Thereafter
472

 
(5
)
 
467

Total minimum payments required
$
1,579

 
$
(141
)
 
$
1,438
Finance Lease, Liability, Maturity
Maturity analysis of operating and finance leases as of June 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
127

 
$
14

 
$
(17
)
 
$
124

2020
248

 
28

 
(34
)
 
242

2021
224

 
22

 
(33
)
 
213

2022
198

 
2

 
(34
)
 
166

2023
144

 
—

 
(15
)
 
129

Thereafter
511

 
—

 
(8
)
 
503

Total undiscounted future minimum lease payments
$
1,452

 
$
66

 
$
(141
)
 
$
1,377

Less: Imputed interest
(151
)
 
(1
)
 
—

 
(152
)
Present value of lease liabilities
$
1,301

 
$
65

 
$
(141
)
 
$
1,225

At December 31, 2018, future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year are as follows (in millions):
Year Ended December 31, 2018
Gross rental commitments
 
Rentals from subleases
 
Net rental commitments
2019
$
303

 
$
(34
)
 
$
269

2020
253

 
(30
)
 
223

2021
221

 
(30
)
 
191

2022
182

 
(30
)
 
152

2023
148

 
(12
)
 
136

Thereafter
472

 
(5
)
 
467

Total minimum payments required
$
1,579

 
$
(141
)
 
$
1,438
Lessor, Operating Lease, Payments to be Received, Maturity
Maturity analysis of operating and finance leases as of June 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
127

 
$
14

 
$
(17
)
 
$
124

2020
248

 
28

 
(34
)
 
242

2021
224

 
22

 
(33
)
 
213

2022
198

 
2

 
(34
)
 
166

2023
144

 
—

 
(15
)
 
129

Thereafter
511

 
—

 
(8
)
 
503

Total undiscounted future minimum lease payments
$
1,452

 
$
66

 
$
(141
)
 
$
1,377

Less: Imputed interest
(151
)
 
(1
)
 
—

 
(152
)
Present value of lease liabilities
$
1,301

 
$
65

 
$
(141
)
 
$
1,225

At December 31, 2018, future minimum rental payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year are as follows (in millions):
Year Ended December 31, 2018
Gross rental commitments
 
Rentals from subleases
 
Net rental commitments
2019
$
303

 
$
(34
)
 
$
269

2020
253

 
(30
)
 
223

2021
221

 
(30
)
 
191

2022
182

 
(30
)
 
152

2023
148

 
(12
)
 
136

Thereafter
472

 
(5
)
 
467

Total minimum payments required
$
1,579

 
$
(141
)
 
$
1,438