Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

(In millions)		December 31, 2019
Operating Leases:	Balance Sheet Location:
ROU asset	Other noncurrent assets	$	199
Current portion of long-term lease liability	Other current liabilities	$	101
Long-term lease liability	Deferred credits and other liabilities	$	107

Lease Costs

The table below presents our net lease costs as of December 31, 2019 with the majority of operating lease costs expensed as incurred, while the majority of the short-term and variable lease costs are capitalized into property, plant and equipment.

(In millions)	Year Ended December 31, 2019
Lease costs:
Operating lease costs(a)	$	84
Short-term lease costs(b)	321
Variable lease costs(c)	107
Total lease costs	$	512
Other information:
Cash paid for amounts included in the measurement of operating lease liabilities	$	100
ROU assets obtained in exchange for new operating lease liabilities(d)	$	293

^(a)  Represents our net share of the ROU asset amortization and the interest expense.

^(b)  Represents our net share of lease costs arising from leases of less than one year but longer than one month that were not included in the lease liability.

^(c)  Represents our net share of variable lease payments that were not included in the lease liability.

^(d) 

Represents the cumulative value of ROU assets recognized at lease inception during the year of 2019.  This amount is then amortized as we utilize the ROU asset, the net effect of which is the ending ROU asset of $199 million (first table above).

Operating Lease, Maturity

The remaining annual undiscounted cash flows associated with long-term leases and the reconciliation of these cash flows to the lease liabilities recognized on the consolidated balance sheet is summarized below.

(In millions)	Operating Lease Obligations
2020	$	114
2021	63
2022	35
2023	5
2024	1
Thereafter	—
Total undiscounted lease payments	$	218
Less: amount representing interest	10
Total operating lease liabilities	$	208
Less: current portion of long-term lease liability as of December 31, 2019	101
Long-term lease liability as of December 31, 2019	$	107

Operating Lease, Maturity

At December 31, 2018, future minimum commitments under the previous accounting standard, ASC 840, for operating lease obligations having noncancellable lease terms in excess of one year were as follows:

(In millions)	Operating Lease Obligations
2019	$	62
2020	54
2021	35
2022	12
2023	5
Thereafter	49
Sublease rentals	—
Total minimum lease payments	$	217

^* Future minimum commitments for capital lease obligations were nil as of December 31, 2018.

Operating Lease, Undiscounted Cash Flows to be Received

The undiscounted cash flows to be received under this lease agreement are summarized below.

(In millions)	Operating Lease Future Cash Receipts
2020	$	6
2021	6
2022	6
2023	6
2024	6
Thereafter	60
Total undiscounted cash flows	$	90