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Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Condensed Consolidated Balance Sheet Information, Leases
Supplemental consolidated balance sheet information for leases at December 31, is as follows (in millions):
Classification20202019
Assets
Operating leasesOperating lease assets (1)$530 $615 
Finance leasesProperty, plant and equipment, net (2)10 15 
Total lease assets$540 $630 
Liabilities
Current
Operating leasesOther accrued liabilities$129 $132 
Finance leasesShort-term debt and current portion of long-term debt3 3 
Noncurrent
Operating leasesLong-term operating lease liabilities472 541 
Finance leasesLong-term debt5 10 
Total lease liabilities$609 $686 
(1)During 2020, the Company concluded that a triggering event had occurred for all of its reporting units as a result of overall macroeconomic conditions and developments in the equity and credit markets primarily driven by the COVID-19 pandemic. Pursuant to the authoritative accounting literature, the Company compared the sum of the undiscounted future cash flows attributable to the asset or group of assets at the lowest level for which identifiable cash flows are available to their respective carrying amount. As a result of the impairment testing performed in connection with the triggering event, the Company recorded a non-cash impairment charge of $8 million in the Home Solutions segment related to the operating leases of its Yankee Candle retail
store business. In addition, the Company recorded an impairment charge of $2 million in the Corporate segment to reflect a reduction in the carrying values of certain operating lease assets. The impairment charges were calculated by subtracting the estimated fair value of the asset group from its carrying value.
(2)Net of accumulated depreciation of $12 million and $8 million, respectively.
Schedule of Lease Costs, Terms, Discount Rates and Supplemental Cash Flow Information
Components of lease expense for the years ended December 31, are as follows (in millions):
20202019
Operating lease cost:
Operating lease cost (1)$180 $207 
Variable lease costs (2)25 26 
Finance lease cost
Amortization of leased assets4 5 
(1)Includes short-term leases, which are immaterial.
(2)Consists primarily of additional payments for non-lease components, such as maintenance costs, payments of taxes and additional rent based on a level of the Company’s retail store sales.
Remaining lease term and discount rates at December 31, are as follows:
 2020 2019
Weighted-average remaining lease term (years):
Operating leases67
Finance leases23
Weighted-average discount rate:
Operating leases4.2%4.3%
Finance leases3.4%3.5%

Supplemental cash flow information related to leases for the years ended December 31, are as follows (in millions):
 2020 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$177 $201 
Operating cash flows from finance leases— 1 
Financing cash flows from finance leases4 4 
Right of use assets obtained in exchange for lease liabilities:
Operating leases75 130 
Finance leases— 7 
Schedule of Maturities for Operating Lease Liabilities Maturities of lease liabilities at December 31, 2020, are as follows (in millions):
Operating
Leases		Finance
Leases
2021$155 $4 
2022135 3 
2023102 1 
202479 — 
202562 — 
Thereafter168 — 
Total lease payments701 8 
Less: imputed interest(100)— 
Present value of lease liabilities$601 $8 
Schedule of Maturities for Finance Lease Liabilities Maturities of lease liabilities at December 31, 2020, are as follows (in millions):
Operating
Leases		Finance
Leases
2021$155 $4 
2022135 3 
2023102 1 
202479 — 
202562 — 
Thereafter168 — 
Total lease payments701 8 
Less: imputed interest(100)— 
Present value of lease liabilities$601 $8