Leases Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease, Cost

The components of operating lease costs were as follows:

	For the Year Ended December 31
	2019
	(In millions)
Operating lease cost	$	282
Variable lease cost	49
Sublease income	(89		)
Net lease cost	$	242

Lessee, Operating Lease, Disclosure

Supplemental other information related to operating leases was as follows:

	December 31, 2019
	(Dollars in millions)
Cash paid for amounts included in the measurement of lease liability - operating cash flows	$	285
ROU assets obtained in exchange for new lease liabilities	$	341
Weighted-average remaining lease term	8 years
Weighted-average discount rate	3.3		%

ROU assets and lease liabilities for operating leases were:

	December 31, 2019
	(In millions)
ROU asset (1)	$	1,488
Lease liability (1)	$	1,654

__________________

(1)

Assets and liabilities include amounts recognized upon adoption of ASU 2016-02. See Note 1.

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities were as follows:

	December 31, 2019
	(In millions)
2020	$	285
2021	266
2022	229
2023	213
2024	193
Thereafter	716
Total undiscounted cash flows	1,902
Less: interest	248
Present value of lease liability	$	1,654

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum gross rental payments relating to lease arrangements in effect as determined prior to the adoption of ASU 2016-02 were as follows:

	December 31, 2018
	(In millions)
2019	$	292
2020	282
2021	260
2022	224
2023	209
Thereafter	859
Total	$	2,126