Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Assets and Liabilities, Lessee

At September 30, 2019, the following amounts were recorded on the Company’s Consolidated Balance Sheet relating to its leases.

	Leases
	Operating		Finance
Right-of-Use Assets
Operating lease assets	$	1,001	$	—
Property and equipment, net	$	—	$	31
Lease Liabilities
Accrued expenses and other current liabilities	$	131	$	11
Noncurrent operating lease liabilities	948		—
Long-term debt	—		24
Total lease liabilities	$	1,079	$	35

Composition of Lease Cost

The following table presents the Company’s lease cost.

	Three Months Ended				Nine Months Ended
	September 30, 2019				September 30, 2019
Operating lease cost (a) (b)		$	55			$	163
Finance lease cost:
Amortization of right-of-use assets		3				9
Interest expense on lease liabilities		—				1
Short-term lease cost (b) (c)		26				67
Variable lease cost (d)		5				16
Sublease income		(2		)		(14		)
Total lease cost		$	87			$	242

(a) Includes fixed lease costs and non-lease costs (consisting of other occupancy and service costs relating to the use of an asset) associated with long-term operating leases.

(b) Includes costs capitalized in programming assets during the period for leased assets used in the production of programming.

(c) Short-term leases have a term of 12 months or less and exclude month-to-month leases. Short-term leases are not recorded on the Company’s Consolidated Balance Sheet.

(d) Primarily includes non-lease costs (consisting of other occupancy and service costs relating to the use of an asset) and costs for equipment leases that vary based on usage.

	Leases
	Operating		Finance
Weighted average remaining lease term	10 years		3 years
Weighted average discount rate	4.2	%	4.2	%

Supplemental Cash Flow Information Related to Leases

The following table presents supplemental cash flow information related to the Company’s leases.

	Three Months Ended			Nine Months Ended
	September 30, 2019			September 30, 2019
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases		$	53		$	160
Financing cash flows from finance leases		$	3		$	9
Noncash additions to operating lease assets		$	134		$	300

Lessee, Operating Lease, Future Lease Payments

The expected future payments relating to the Company’s operating and finance lease liabilities at September 30, 2019 are as follows:

	Leases
	Operating		Finance
2019 (October 1 through December 31)	$	56	$	4
2020	170		12
2021	174		11
2022	143		7
2023	130		2
2024 and thereafter	672		2
Total minimum payments	1,345		38
Less amounts representing interest	266		3
Present value of minimum payments	$	1,079	$	35

Lessee, Finance Lease, Future Lease Payments

The expected future payments relating to the Company’s operating and finance lease liabilities at September 30, 2019 are as follows:

	Leases
	Operating		Finance
2019 (October 1 through December 31)	$	56	$	4
2020	170		12
2021	174		11
2022	143		7
2023	130		2
2024 and thereafter	672		2
Total minimum payments	1,345		38
Less amounts representing interest	266		3
Present value of minimum payments	$	1,079	$	35

Lessee, Finance Lease, Future Lease Payments, Prior to Adoption

At December 31, 2018, future minimum payments under noncancellable operating leases with terms in excess of one year and payments under finance leases were as follows:

	Leases
	Operating		Finance
2019	$	174	$	13
2020	129		12
2021	122		11
2022	110		7
2023	101		2
2024 and thereafter	465		2
Total minimum payments	$	1,101	$	47
Less amounts representing interest			4
Present value of minimum payments			$	43

Lessee, Operating Lease, Future Lease Payments, Prior to Adoption

At December 31, 2018, future minimum payments under noncancellable operating leases with terms in excess of one year and payments under finance leases were as follows:

	Leases
	Operating		Finance
2019	$	174	$	13
2020	129		12
2021	122		11
2022	110		7
2023	101		2
2024 and thereafter	465		2
Total minimum payments	$	1,101	$	47
Less amounts representing interest			4
Present value of minimum payments			$	43

Lessor, Future Lease Income

At September 30, 2019, future fixed lease income under noncancellable operating leases is as follows:

2019 (October 1 through December 31)	$	13
2020	52
2021	49
2022	45
2023	43
2024 and thereafter	93
Total	$	295