Other Assets and Liabilites

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Other Assets and Liabilities

Other Assets and LiabilitiesLessee Operating and Finance Leases

Operating leases costs were $49 million and finance lease costs were immaterial for the three months ended March 31, 2019.

The following table presents additional information on operating and finance leases:

March 31, 2019 (Dollars in millions)	Operating Leases			Finance Leases
ROU assets	$	822		$	19
Maturities of lease liabilities:
2019	$	138		$	6
2020	188			7
2021	164			6
2022	139			5
2023	109			3
2024	85			2
Thereafter	264			3
Total lease payments	1,087			32
Less: imputed interest	128			5
Total lease liabilities	$	959		$	27
Weighted average remaining term	7.5 years			5.1 years
Weighted average discount rate	3.1		%	7.0		%

Lessor Operating Leases

The following tables present a summary of assets under operating leases and activity related to assets under operating leases. These tables exclude subleases on assets included in premises and equipment.

(Dollars in millions)	Mar 31, 2019			Dec 31, 2018
Assets held under operating leases	$	1,365		$	1,378
Accumulated depreciation	(389		)	(374		)
Net	$	976		$	1,004

Three Months Ended March 31, (Dollars in millions)	2019		2018
Depreciation expense for assets under operating leases	$	29	$	30

The residual value of assets no longer under operating leases was immaterial.