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LEASES (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Maturity of Lease Liabilities
Maturity of Lease Liabilities
 
December 31, 2019
 
 
(in millions)
2020
 
$
133

2021
 
117

2022
 
97

2023
 
52

2024
 
31

After 2024
 
70

Total lease payments
 
500

Less: Interest
 
52

Present value of lease liabilities
 
$
448


Schedule of Rent Expense and Sublease Rental Income in Prior Years Rent expense and sublease rental income, which are recorded net as an operating cost, for all operating leases were as follows for the years ended December 31, 2018 and 2017:
 
2018
 
2017
 
(in millions)
Rent expense
$
167

 
$
204

Sublease rental income
(32
)
 
(33
)
Net rent expense
$
135

 
$
171


Schedule of Future Annual Minimum Payments Due at Prior Year End
Future annual minimum payments due subsequent to December 31, 2018 under all of our noncancelable operating leases with initial terms in excess of one year are as follows:

 
Minimum
Lease
Payments
 
Sublease
Rental
Receipts
 
Net  Lease
Commitments
 
(in millions)
For the years ending December 31,:
 
 
 
 
 
2019
$
147

 
$
(13
)
 
$
134

2020
113

 
(12
)
 
101

2021
96

 
(10
)
 
86

2022
79

 
(9
)
 
70

2023
34

 
(9
)
 
25

Thereafter
50

 
(23
)
 
27

Total
$
519

 
$
(76
)
 
$
443