Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Components of Lease Costs

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

	Nine Months Ended September 30,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	878	$	633
Operating cash flows from finance leases	$	11	$	8
Financing cash flows from finance leases	$	398	$	411
Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	954	$	3,756
Finance leases	$	101	$	128

The components of lease costs are as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Finance lease cost
Amortization of right-of-use assets	$	65	$	51	$	185	$	140
Interest	4		4		11		9
Operating lease cost	352		298		1,036		818
Variable lease cost and other, net	57		41		174		111
Total lease cost	$	478	$	394	$	1,406	$	1,078

Supplemental balance sheet information related to leases is as follows:

	September 30, 2020		December 31, 2019
Weighted-average remaining lease term
Operating leases	12.4 years		13.0 years
Finance leases	15.1 years		15.3 years
Weighted-average discount rate
Operating leases	3.1	%	3.2	%
Finance leases	2.9	%	3.1	%

Finance Lease, Liability, Maturity

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

	Operating Leases			Finance Leases
The remainder of 2020	$	235		$	38
2021	1,365			53
2022	1,348			46
2023	1,213			40
2024	1,130			40
Thereafter	8,055			432
Total undiscounted cash flows	13,346			649
Less: Imputed interest	(2,730		)	(121		)
Present value of lease liabilities	$	10,616		$	528
Lease liabilities, current	$	975		$	62
Lease liabilities, non-current	9,641			466
Present value of lease liabilities	$	10,616		$	528

Operating Lease, Liability, Maturity

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

	Operating Leases			Finance Leases
The remainder of 2020	$	235		$	38
2021	1,365			53
2022	1,348			46
2023	1,213			40
2024	1,130			40
Thereafter	8,055			432
Total undiscounted cash flows	13,346			649
Less: Imputed interest	(2,730		)	(121		)
Present value of lease liabilities	$	10,616		$	528
Lease liabilities, current	$	975		$	62
Lease liabilities, non-current	9,641			466
Present value of lease liabilities	$	10,616		$	528