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OPERATING LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Lease, Cost The components of lease expense were as follows:
TABLE 7.1
 
Three Months Ended
March 31,
(dollars in millions)
2019
Operating lease cost
$
7

Short-term lease cost

Variable lease cost
1

Sublease income

Total lease cost
$
8

Leases, Other Information Other information related to leases is as follows:
TABLE 7.2
 
Three Months Ended
March 31,
(dollars in millions)
2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash flows from operating leases
$
7

Right-of-use assets obtained in exchange for lease obligations:
 
Operating leases
1

Weighted average remaining lease term (years):
 
Operating leases
8.86

Weighted average discount rate:
 
Operating leases
3.1
%
Lessor, Operating Lease, Payments to be Received, Maturity Maturities of operating lease liabilities were as follows:
TABLE 7.3
(in millions)
March 31,
2019
2019
$
19

2020
22

2021
19

2022
14

2023
11

Later years
53

Total lease payments
138

Less: Interest
(17
)
Present value of lease liabilities
$
121