Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease, Cost

Supplemental unaudited consolidated cash flow statement information related to leases:

	Three Months Ended March 31, 2019
	(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	9
Financing cash flows from finance leases	2

Lease expense consisted of the following:

	Three Months Ended   March 31, 2019
	(Dollars in millions)
Operating and short-term lease cost	$	8
Finance lease cost:
Amortization of right-of-use assets	3
Total finance lease cost	3
Total lease cost	$	11

Assets And Liabilities, Lessee

Supplemental unaudited consolidated balance sheet information and other information related to leases:

Leases (millions)	Classification on the Balance Sheet	As of March 31, 2019
Assets
Operating lease assets	Operating lease assets	$	117
Finance lease assets	Property, plant and equipment, net of accumulated depreciation	19
Total leased assets		$	136
Liabilities
Current
Operating	Other current liabilities	$	32
Finance	Current portion of long-term debt	9
Non-current
Operating	Noncurrent operating lease liabilities	93
Finance	Long-term debt	8
Total lease liabilities		$	142
Weighted-average remaining lease term (years)
Operating leases		5.8
Finance leases		4.4
Weighted-average discount rate
Operating leases		6.70		%
Finance leases		4.85		%

Lessee, Operating Lease, Liability, Maturity

As of March 31, 2019, maturities of lease liabilities were as follows:

	Operating Leases			Finance Leases
	(Dollars in millions)
2019 (remaining nine months)	$	26		7
2020	29			5
2021	27			1
2022	23			1
2023	19			1
Thereafter	33			4
Total lease payments	157			19
Less: interest	(32		)	(2	)
Total	125			17
Less: current portion	(32		)	(9	)
Long-term portion	$	93		8

Schedule of Future Minimum Lease Payments for Capital Leases

The future annual minimum payments under capital lease agreements as of December 31, 2018 were as follows:

	Future Minimum Payments
	(Dollars in millions)
Capital lease obligations:
2019	$	10
2020	6
2021	2
2022	1
2023	1
2024 and thereafter	4
Total minimum payments	24
Less: amount representing interest and executory costs	(5		)
Present value of minimum payments	19
Less: current portion	(12		)
Long-term portion	$	7

Schedule of Future Minimum Rental Payments for Operating Leases

At December 31, 2018, our future rental commitments for operating leases were as follows:

	Operating Leases
	(Dollars in millions)
2019	$	35
2020	28
2021	27
2022	23
2023	19
2024 and thereafter	32
Total future minimum payments(1)	$	164

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(1) Minimum payments have not been reduced by minimum sublease rentals of $22 million due in the future under non-cancelable subleases.