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Leases Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lease, Cost
Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions):
 
Year Ended
December 31, 2019
 
 
Operating lease cost (1)
$
3,669

Finance lease cost:
 
Amortization of lease assets
10,094

Interest on lease liabilities
695

Finance lease cost
10,789

Variable lease cost
966

Total lease cost
$
15,424

__________________
(1)
Rental expense under operating lease agreements was $2.2 billion and $3.4 billion for 2017 and 2018.
Other Operating and Finance Lease Information
Other information about lease amounts recognized in our consolidated financial statements is summarized as follows:
 
December 31, 2019
 
 
Weighted-average remaining lease term – operating leases
11.5

Weighted-average remaining lease term – finance leases
5.5

Weighted-average discount rate – operating leases
3.1
%
Weighted-average discount rate – finance leases
2.7
%

Operating and Finance Lease Liability Reconciliation
As of December 31, 2019, our lease liabilities were as follows (in millions):
 
Operating Leases
 
Finance Leases
 
Total
 
 
 
 
 
 
Gross lease liabilities
$
31,963

 
$
28,875

 
$
60,838

Less: imputed interest
(6,128
)
 
(1,896
)
 
(8,024
)
Present value of lease liabilities
25,835

 
26,979

 
52,814

Less: current portion of lease liabilities
(3,139
)
 
(9,884
)
 
(13,023
)
Total long-term lease liabilities
$
22,696

 
$
17,095

 
$
39,791