Leases (Tables)

3 Months Ended

Mar. 31, 2023

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


	Three Months Ended March 31,
	2022		2023
Operating lease cost	$	2,103	$	2,512
Finance lease cost:
Amortization of lease assets	1,560		1,546
Interest on lease liabilities	103		80
Finance lease cost	1,663		1,626

Variable lease cost	469		518
Total lease cost	$	4,235	$	4,656

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


	December 31, 2022		March 31, 2023
Weighted-average remaining lease term – operating leases	11.6 years		11.5 years
Weighted-average remaining lease term – finance leases	10.3 years		10.8 years
Weighted-average discount rate – operating leases	2.8	%	3.0	%
Weighted-average discount rate – finance leases	2.3	%	2.4	%

Our lease liabilities were as follows (in millions):


	December 31, 2022
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	81,273	$	18,019	$	99,292
Less: imputed interest	(12,233)		(2,236)		(14,469)
Present value of lease liabilities	69,040		15,783		84,823
Less: current portion of lease liabilities	(7,458)		(4,397)		(11,855)
Total long-term lease liabilities	$	61,582	$	11,386	$	72,968


	March 31, 2023
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	84,468	$	16,511	$	100,979
Less: imputed interest	(13,220)		(2,064)		(15,284)
Present value of lease liabilities	71,248		14,447		85,695
Less: current portion of lease liabilities	(7,752)		(3,676)		(11,428)
Total long-term lease liabilities	$	63,496	$	10,771	$	74,267