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Lease Commitments - (Tables)
 9 Months Ended
Sep. 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
 
September 30, 2019
Assets
 
 
Operating lease assets
Operating lease right-of-use assets
$
913

Finance lease assets
Other non-current assets
106

Total lease assets
 
$
1,019

 
 
 
Liabilities
 
 
Current lease liabilities
 
 
   Operating
Other current liabilities
$
194

   Finance
Other current liabilities
24

Non-current lease liabilities
 
 
   Operating
Non-current operating lease liabilities
922

   Finance
Other non-current liabilities
82

Total lease liabilities
 
$
1,222
Lease, Cost
Weighted average remaining lease term and discount rate related to operating and finance leases are as follows:
As of
September 30, 2019
Weighted average remaining lease term (years)
 
   Operating leases
8.0

   Finance leases
4.6

Weighted average discount rate
 
   Operating leases
3.3
%
   Finance leases
2.0
%

Other cash and non-cash related activities are as follows (in millions):
 
Nine Months Ended September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
   Operating cash flows for operating leases
$
182

   Financing cash flows from finance leases
$
11

Non-cash related activities
 
ROU assets obtained in exchange for new operating lease liabilities
$
95

ROU assets obtained in exchange for new finance lease liabilities
$
48




The components of lease costs are as follows (in millions):
 
Three Months Ended September 30, 2019
 
Nine Months Ended September 30, 2019
Operating lease cost
$
43

 
$
176

Finance lease costs
 
 
 
   Amortization of leased assets
7

 
20

   Interest on lease liabilities
—

 
1

Variable lease cost
31

 
49

Short-term lease cost (1)
1

 
3

Sublease income
(8
)
 
(24
)
Net lease cost
$
74

 
$
225

(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 September 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
61

 
$
7

 
$
(9
)
 
$
59

2020
246

 
26

 
(34
)
 
238

2021
225

 
26

 
(33
)
 
218

2022
199

 
19

 
(33
)
 
185

2023
144

 
18

 
(14
)
 
148

Thereafter
513

 
15

 
(6
)
 
522

Total undiscounted future minimum lease payments
1,388

 
111

 
(129
)
 
1,370

Less: Imputed interest
(143
)
 
(5
)
 
—

 
(148
)
Present value of lease liabilities
$
1,245

 
$
106

 
$
(129
)
 
$
1,222

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 September 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
61

 
$
7

 
$
(9
)
 
$
59

2020
246

 
26

 
(34
)
 
238

2021
225

 
26

 
(33
)
 
218

2022
199

 
19

 
(33
)
 
185

2023
144

 
18

 
(14
)
 
148

Thereafter
513

 
15

 
(6
)
 
522

Total undiscounted future minimum lease payments
1,388

 
111

 
(129
)
 
1,370

Less: Imputed interest
(143
)
 
(5
)
 
—

 
(148
)
Present value of lease liabilities
$
1,245

 
$
106

 
$
(129
)
 
$
1,222

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 September 30, 2019 are as follows (in millions):
 
Operating
 
Finance
 
Less:
 
 
 
Leases
 
Leases
 
Subleases
 
Total
Remainder of 2019
$
61

 
$
7

 
$
(9
)
 
$
59

2020
246

 
26

 
(34
)
 
238

2021
225

 
26

 
(33
)
 
218

2022
199

 
19

 
(33
)
 
185

2023
144

 
18

 
(14
)
 
148

Thereafter
513

 
15

 
(6
)
 
522

Total undiscounted future minimum lease payments
1,388

 
111

 
(129
)
 
1,370

Less: Imputed interest
(143
)
 
(5
)
 
—

 
(148
)
Present value of lease liabilities
$
1,245

 
$
106

 
$
(129
)
 
$
1,222

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