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Leases (Tables)
3 Months Ended
Mar. 29, 2020
Leases [Abstract]  
Schedule of Lease Costs and Other Information
The components of operating lease expense were as follows:
 
For the three months ended

 
For the three months ended

 
March 29, 2020

 
March 31, 2019

Operating lease cost
16

 
13


Other information related to operating leases was as follows:
 
For the three months ended

 
For the three months ended

 
March 29, 2020

 
March 31, 2019

Right-of-use assets obtained in exchange for lease obligations:
 
 
 
Operating leases 1)
5

 
188

1) $188 million recorded on January 1, 2019 in accordance with the adoption of ASC 842.
 
 
 
Weighted average remaining lease term:
 
 
 
Operating leases
7 years

 
6 years

Weighted average discount rate:
 
 
 
Operating leases
3
%
 
3
%

Schedule of Future Minimum Operating Lease Payments
Future minimum lease payments as of March 29, 2020 were as follows:
 
As of
 
March 29, 2020
 
Operating leases
2020 (remaining)
47

2021
51

2022
37

2023
31

2024
22

Thereafter
51

Total future minimum lease payments
239

Less: imputed interest
(20
)
Total
219


Schedule of Lease Liabilities
Lease liabilities related to leases are split between current and non-current:
 
Operating leases
 
As of
 
March 29, 2020
 
December 31, 2019
Other current liabilities
59

 
62

Other non-current liabilities
160

 
176

Total
219

 
238