Leases Lessor Disclosure (Tables)

3 Months Ended

Mar. 31, 2020

Lessor Disclosure [Abstract]

Operating Lease, Lease Income [Table Text Block]

Lease revenues included on the Consolidated Statements of Income were as follows:

	Three Months Ended March 31, 2020				Three Months Ended March 31, 2019
(In millions)	Related Party		Third Party		Related Party		Third Party
Operating leases:
Operating lease revenue(1)(2)	$	186	$	63	$	279	$	65
Sales-type leases:
Profit/(loss) recognized at the commencement date	—		N/A		N/A		N/A
Interest income (Sales-type lease revenue- fixed minimum)	38		N/A		N/A		N/A
Interest income (Revenue from variable lease payments)	$	—	N/A		N/A		N/A

(1) These amounts are presented net of executory costs.

(2)

Financial information for the first quarter of 2019 has been retrospectively adjusted for the acquisition of ANDX. See Notes 1 and 3.

Sales-type Lease, Lease Income [Table Text Block]

Lease revenues included on the Consolidated Statements of Income were as follows:

	Three Months Ended March 31, 2020				Three Months Ended March 31, 2019
(In millions)	Related Party		Third Party		Related Party		Third Party
Operating leases:
Operating lease revenue(1)(2)	$	186	$	63	$	279	$	65
Sales-type leases:
Profit/(loss) recognized at the commencement date	—		N/A		N/A		N/A
Interest income (Sales-type lease revenue- fixed minimum)	38		N/A		N/A		N/A
Interest income (Revenue from variable lease payments)	$	—	N/A		N/A		N/A

(1) These amounts are presented net of executory costs.

(2)

Financial information for the first quarter of 2019 has been retrospectively adjusted for the acquisition of ANDX. See Notes 1 and 3.

Sales-type and Direct Financing Leases, Lease Receivable, Maturity [Table Text Block]

The following is a schedule of future payments on the sales-type leases with MPC as of March 31, 2020:

(In millions)	Related Party
2020	$	129
2021	157
2022	157
2023	158
2024	158
2025 and thereafter	461
Total minimum future rentals	1,220
Less: present value discount	795
Lease receivable	$	425