Leases (Tables)

3 Months Ended

Mar. 31, 2022

Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions):


	Three Months Ended March 31,
		2021		2022
Operating lease cost		$	1,556	$	2,103
Finance lease cost:
Amortization of lease assets		2,456		1,560
Interest on lease liabilities		132		103
Finance lease cost		2,588		1,663

Variable lease cost		348		469
Total lease cost		$	4,492	$	4,235

Other information about lease amounts recognized in our consolidated financial statements is as follows:


	December 31, 2021		March 31, 2022
Weighted-average remaining lease term – operating leases	11.3 years		11.1 years
Weighted-average remaining lease term – finance leases	8.1 years		8.6 years
Weighted-average discount rate – operating leases	2.2	%	2.3	%
Weighted-average discount rate – finance leases	2.0	%	2.1	%

Our lease liabilities were as follows (in millions):


	December 31, 2021
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	66,269	$	25,866	$	92,135
Less: imputed interest	(7,939)		(2,113)		(10,052)
Present value of lease liabilities	58,330		23,753		82,083
Less: current portion of lease liabilities	(6,349)		(8,083)		(14,432)
Total long-term lease liabilities	$	51,981	$	15,670	$	67,651


	March 31, 2022
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	66,144	$	23,094	$	89,238
Less: imputed interest	(7,858)		(2,167)		(10,025)
Present value of lease liabilities	58,286		20,927		79,213
Less: current portion of lease liabilities	(6,640)		(6,842)		(13,482)
Total long-term lease liabilities	$	51,646	$	14,085	$	65,731