Leases

12 Months Ended

Dec. 31, 2019

NOTE 6 – Leases

We have operating leases for office space and data centers. Our leases have remaining lease terms of one year to 18 years, some of which include options to extend the leases for up to ten years, and some of which include options to terminate the leases within one year.

Operating lease costs were $170 million for the year ended December 31, 2019. Under the lease accounting guidance in effect for the years ended December 31, 2018 and 2017, rent expense was $182 million and $168 million, which includes operating lease costs as well as expense for non-lease components such as common area maintenance.

Supplemental cash flow information related to leases were as follows:



	Year ended December 31,
	2019

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$	152
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	183

Supplemental consolidated balance sheet information related to leases were as follows:



	December 31, 2019
	(in millions)
Operating lease right-of-use assets	$	611

Current lease liabilities included within Accrued expenses and other current liabilities	$	119
Long-term lease liabilities included within Operating lease liabilities	532
Total operating lease liabilities	$	651

Weighted average remaining lease term	8.8 years
Weighted average discount rate	3.5		%

Maturities of lease liabilities are as follows:



	Operating Leases
	(in millions)
Year ending December 31,
2020	$	139
2021	121
2022	94
2023	67
2024	53
2025 and thereafter	291
Total lease payments	765
Less: imputed interest	(114		)
Total	$	651

As of December 31, 2019, we have additional operating lease payments, primarily for corporate offices, that have not yet commenced of approximately $116 million. These operating leases will commence between January 2020 and April 2021 with lease terms of 3 years to 11 years.