Leases

12 Months Ended

Dec. 31, 2021

NOTE 5 – Leases

We have operating leases for office space and data centers. Our leases have remaining lease terms of one year to 16 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 $119 million, $159 million and $170 million for the years ended December 31, 2021, 2020 and 2019, respectively.

Supplemental cash flow information related to leases were as follows:


	Year ended December 31,
	2021		2020		2019
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$	151	$	139	$	152
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	30		117		183

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


	December 31, 2021			December 31, 2020
	(in millions)
Operating lease right-of-use assets	$	407		$	574

Current lease liabilities, included within Accrued expenses and other current liabilities	$	77		$	126
Long-term lease liabilities, included within Operating lease liabilities	360			513
Total operating lease liabilities	$	437		$	639

Weighted average remaining lease term	8.1 years			8.8 years
Weighted average discount rate	3.5		%	3.6		%

Maturities of lease liabilities are as follows:


	Operating Leases
	(in millions)
Year ending December 31,
2022	$	91
2023	77
2024	57
2025	49
2026	46
2027 and thereafter	184
Total lease payments	504
Less: imputed interest	(67)
Total	$	437