Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lessee Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to leases where the Company is the lessee is included below. Right-of-use assets and lease liabilities are included within “Other assets” and “Other liabilities” respectively.

	December 31, 2019
	($ in millions)
Operating Leases:
Right-of-use assets	$	554
Lease liabilities	$	594
Weighted average remaining lease term	6 years
Weighted average discount rate	2.46		%

Lessee Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities are as follows:

	December 31, 2019
	(in millions)
2020	$	152
2021	143
2022	104
2023	74
2024	65
Thereafter	111
Total lease payments	649
Less imputed interest	(55		)
Total	$	594

Future Minimum Lease Payments

Future minimum lease payments under non-cancelable operating and capital leases along with associated sub-lease income prior to the adoption of ASU 2016-02, Leases (Topic 842) are as follows:

	December 31, 2018
	Operating and Capital Leases(1)		Sub-lease Income
	(in millions)
2019	$	168	$	1
2020	133		1
2021	106		1
2022	82		0
2023	58		0
2024 and thereafter	138		0
Total	$	685	$	3

__________

(1)

Future minimum lease payments under capital leases were $26 million as of December 31, 2018.