Leases (Tables)

9 Months Ended

Sep. 30, 2022

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2022		2021		2022
Operating lease cost	$	1,911	$	2,236	$	5,129	$	6,472
Finance lease cost:
Amortization of lease assets	2,497		1,496		7,442		4,586
Interest on lease liabilities	114		85		365		280
Finance lease cost	2,611		1,581		7,807		4,866

Variable lease cost	372		462		1,135		1,402
Total lease cost	$	4,894	$	4,279	$	14,071	$	12,740

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


	December 31, 2021		September 30, 2022
Weighted-average remaining lease term – operating leases	11.3 years		11.4 years
Weighted-average remaining lease term – finance leases	8.1 years		9.8 years
Weighted-average discount rate – operating leases	2.2	%	2.6	%
Weighted-average discount rate – finance leases	2.0	%	2.3	%

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


	September 30, 2022
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	75,495	$	18,838	$	94,333
Less: imputed interest	(10,712)		(2,207)		(12,919)
Present value of lease liabilities	64,783		16,631		81,414
Less: current portion of lease liabilities	(7,046)		(5,036)		(12,082)
Total long-term lease liabilities	$	57,737	$	11,595	$	69,332