Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease Assets and Liabilities [Table Text Block]

The following table presents the balances for operating and finance ROU assets and lease liabilities:

Leases	Classification	September 30, 2019
		(in millions)
Assets
Operating lease assets	Other assets	$	220
Finance lease assets	Other assets	54
Total lease assets		$	274
Liabilities
Operating lease liabilities	Other liabilities	$	243
Finance lease liabilities	Long-term debt	61
Total lease liabilities		$	304

Maturity of Lease Liabilities [Table Text Block]

Maturities of lease liabilities, weighted-average remaining term and weighted-average discount rate are as follows:

Maturity of Lease Liabilities	September 30, 2019
	Finance Leases			Operating Leases
	(in millions)
2019 (1)	$	4		$	10
2020	14			60
2021	10			47
2022	10			39
2023	10			32
Thereafter	19			80
Total lease payments	67			268
Less: Interest	(6		)	(25		)
Present value of lease liabilities	$	61		$	243
Weighted-average remaining lease term (years)	6.1			6.1
Weighted-average discount rate	3.4		%	3.1		%

⁽¹⁾ 2019 amounts represent the amounts payable for the period from October 1, 2019 to December 31, 2019.

Maturities of lease liabilities prior to the adoption of new lease guidance were as follows:

Maturity of Lease Liabilities	December 31, 2018
	Operating Leases
	(in millions)
2019	$	61
2020	53
2021	40
2022	33
2023	26
Thereafter	65
Total lease payments	$	278