LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease, Cost [Table Text Block]

The components of lease expense for the years ended December 31, 2021, 2020 and 2019 were as follows (in millions):

	2021		2020		2019
Operating lease costs	$	729	$	711	$	643
Finance lease costs:
Amortization of assets	$	97	$	79	$	73
Interest on lease liabilities	14		18		19
Total finance lease costs	111		97		92
Variable lease costs	246		247		206
Short-term lease costs	1,510		1,299		1,122
Total lease costs	$	2,596	$	2,354	$	2,063

Supplemental cash flow information related to leases for the years ended December 31, 2021 and 2020 is as follows (in millions):

	2021		2020
Cash paid for amounts included in measurement of obligations:
Operating cash flows from operating leases	$	731	$	686
Operating cash flows from finance leases	4		18
Financing cash flows from finance leases	208		192
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	1,247	$	787
Finance leases	$	280	$	66

Supplemental Balance Sheet

Supplemental information related to leases and location within our consolidated balance sheets as of December 31, 2021 and 2020 are as follows (in millions, except lease term and discount rate):

	2021			2020
Operating Leases:
Operating lease right-of-use assets	$	3,562		$	3,073
Current maturities of operating leases	$	580		$	560
Non-current operating leases	3,033			2,540
Total operating lease obligations	$	3,613		$	3,100
Finance Leases:
Property, plant and equipment, net	$	1,125		$	1,225
Current maturities of long-term debt, commercial paper and finance leases	$	129		$	56
Long-term debt and finance leases	279			286
Total finance lease obligations	$	408		$	342
Weighted average remaining lease term (in years):
Operating leases	11.7			11.2
Finance leases	8.0			9.3
Weighted average discount rate:
Operating leases	1.94		%	2.28		%
Finance leases	2.79		%	4.14		%

Operating Leases Maturity Schedule

Maturities of lease obligations as of December 31, 2021 are as follows (in millions):

	Finance Leases		Operating Leases
2022	$	142	$	644
2023	61		574
2024	37		477
2025	32		424
2026	29		379
Thereafter	190		1,622
Total lease payments	491		4,120
Less: Imputed interest	(83)		(507)
Total lease obligations	408		3,613
Less: Current obligations	(129)		(580)
Long-term lease obligations	$	279	$	3,033

Finance Leases Maturity Schedule

Maturities of lease obligations as of December 31, 2021 are as follows (in millions):

	Finance Leases		Operating Leases
2022	$	142	$	644
2023	61		574
2024	37		477
2025	32		424
2026	29		379
Thereafter	190		1,622
Total lease payments	491		4,120
Less: Imputed interest	(83)		(507)
Total lease obligations	408		3,613
Less: Current obligations	(129)		(580)
Long-term lease obligations	$	279	$	3,033