Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Operating and Financing Leases Presented in Balance Sheets

The balances for the operating and finance leases where we are the lessee are presented as follows (in millions) within our consolidated balance sheets:

	December 31, 2021		December 31, 2020
Operating leases:
Operating lease right-of-use assets	$	2,016	$	1,558
Accrued liabilities and other	$	368	$	286
Other long-term liabilities		1,671		1,254
Total operating lease liabilities	$	2,039	$	1,540
Finance leases:
Solar energy systems, net	$	27	$	29
Property, plant and equipment, net		1,536		1,465
Total finance lease assets	$	1,563	$	1,494
Current portion of long-term debt and finance leases	$	501	$	374
Long-term debt and finance leases, net of current portion		991		1,094
Total finance lease liabilities	$	1,492	$	1,468

Schedule of Components of Lease Expense and Other Information Related to Leases

The components of lease expense are as follows (in millions) within our consolidated statements of operations:

	Year Ended December 31,
	2021		2020		2019
Operating lease expense:
Operating lease expense (1)	$	627	$	451	$	426
Finance lease expense:
Amortization of leased assets	$	415	$	348	$	299
Interest on lease liabilities		89		100		104
Total finance lease expense	$	504	$	448	$	403
Total lease expense	$	1,131	$	899	$	829

(1)Includes short-term leases and variable lease costs, which are immaterial.

Other information related to leases where we are the lessee is as follows:

	December 31, 2021			December 31, 2020
Weighted-average remaining lease term:
Operating leases	6.5 years			6.2 years
Finance leases	4.2 years			4.9 years
Weighted-average discount rate:
Operating leases		5.0	%		5.8	%
Finance leases		5.8	%		6.5	%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases where we are the lessee is as follows (in millions):

	Year Ended December 31,
	2021		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	616	$	456	$	396
Operating cash outflows from finance leases (interest payments)	$	89	$	100	$	104
Financing cash outflows from finance leases	$	439	$	338	$	321
Leased assets obtained in exchange for finance lease liabilities	$	486	$	188	$	616
Leased assets obtained in exchange for operating lease liabilities	$	818	$	553	$	202

Schedule of Maturities of Operating and Finance Lease Liabilities

As of December 31, 2021, the maturities of our operating and finance lease liabilities (excluding short-term leases) are as follows (in millions):

	Operating		Finance
	Leases		Leases
2022	$	458	$	587
2023		412		524
2024		366		381
2025		319		102
2026		232		45
Thereafter		595		9
Total minimum lease payments		2,382		1,648
Less: Interest		343		156
Present value of lease obligations		2,039		1,492
Less: Current portion		368		501
Long-term portion of lease obligations	$	1,671	$	991

Maturities of Operating Lease and Sales-Type Lease Receivables from Customers

We are the lessor of certain vehicle and solar energy system arrangements as described in Note 2, Summary of Significant Accounting Policies. As of December 31, 2021, maturities of our operating lease and sales-type lease receivables from customers for each of the next five years and thereafter were as follows (in millions):

	Operating		Sales-type
	Leases		Leases
2022	$	1,024	$	91
2023		779		91
2024		458		100
2025		218		95
2026		192		39
Thereafter		1,906		11
Gross lease receivables	$	4,577	$	427

Schedule of Lease Receivables Relating to Sales-Type Leases

Net investment in sales-type leases, which is the sum of the present value of the future contractual lease payments, is presented on the consolidated balance sheets as a component of Prepaid expenses and other current assets for the current portion and as Other non-current assets for the long-term portion. Lease receivables relating to sales-type leases are presented on the consolidated balance sheets as follows (in millions):

	December 31, 2021			December 31, 2020
Gross lease receivables	$	427		$	102
Unearned interest income		(50	)		(11	)
Allowance for expected credit losses		(1	)		—
Net investment in sales-type leases	$	376		$	91
Reported as:
Prepaid expenses and other current assets	$	73		$	17
Other non-current assets		303			74
Net investment in sales-type leases	$	376		$	91

Schedule of future minimum master lease payments to be received from investors

As of December 31, 2021, the future minimum master lease payments to be received from investors, for each of the next five years and thereafter, were as follows (in millions):

2022	$	33
2023		26
2024		18
2025		27
2026		28
Thereafter		395
Total	$	527