Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Components of Lease Costs

The components of lease costs, lease term and discount rate are as follows (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Finance lease cost
Amortization of right-of-use assets	$	60		$	47		$	120		$	89
Interest	4			3			7			5
Operating lease cost	344			274			684			520
Variable lease cost and other, net	57			21			117			70
Total lease cost	$	465		$	345		$	928		$	684
Weighted-average remaining lease term
Operating leases	12.6 years			13.1 years			12.6 years			13.1 years
Finance leases	15.0 years			15.3 years			15.0 years			15.3 years
Weighted-average discount rate
Operating leases	3.1		%	3.5		%	3.1		%	3.5		%
Finance leases	3.1		%	3.2		%	3.1		%	3.2		%

Supplemental cash flow information related to leases are as follows (in millions):

	Six Months Ended June 30,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	572	$	388
Operating cash flows from finance leases	$	7	$	5
Financing cash flows from finance leases	$	209	$	267
Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	689	$	2,203
Finance leases	$	33	$	75

Finance Lease, Liability, Maturity

The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2020 (in millions):

	Operating Leases			Finance Leases
The remainder of 2020	$	528		$	38
2021	1,315			49
2022	1,254			39
2023	1,174			37
2024	1,099			37
Thereafter	7,932			389
Total undiscounted cash flows	13,302			589
Less: Imputed interest	(2,770		)	(117		)
Present value of lease liabilities	$	10,532		$	472
Lease liabilities, current	$	899		$	48
Lease liabilities, non-current	9,633			424
Present value of lease liabilities	$	10,532		$	472

Operating Lease, Liability, Maturity

The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2020 (in millions):

	Operating Leases			Finance Leases
The remainder of 2020	$	528		$	38
2021	1,315			49
2022	1,254			39
2023	1,174			37
2024	1,099			37
Thereafter	7,932			389
Total undiscounted cash flows	13,302			589
Less: Imputed interest	(2,770		)	(117		)
Present value of lease liabilities	$	10,532		$	472
Lease liabilities, current	$	899		$	48
Lease liabilities, non-current	9,633			424
Present value of lease liabilities	$	10,532		$	472