XML 39 R28.htm IDEA: XBRL DOCUMENT v3.19.1
(Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Assets And Liabilities, Lessee
The following tables summarize our lease costs as of and for the three months ended March 31, 2019:

LeasesClassificationMarch 31, 2019
Assets
Operating lease assetsOperating lease right-of-use assets$
Finance lease assets
Property, plant and equipment, net (1)
18 
Total lease assets$23 
Liabilities
Current
FinanceAccrued liabilities - third parties$
Noncurrent
OperatingOperating lease liabilities
FinanceFinance lease liabilities25 
Total lease liabilities$31 
(1) Finance lease assets are recorded net of accumulated amortization of $5 million as of March 31, 2019.
Lease, Cost
Three Months Ended
Lease costClassificationMarch 31, 2019
Operating lease cost (1)
Operations and maintenance - third parties$— 
Finance lease cost (cost resulting from lease payments):
Amortization of leased assets (1)
Depreciation and amortization— 
Interest on lease liabilitiesInterest expense, net
Total lease cost$

(1) Amounts for the three months ended March 31, 2019 were less than $1 million.
Supplemental Cash Flows, Lessee
March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (1)
$— 
Operating cash flows from finance leases (1)
— 
Financing cash flows from finance leases (1)
— 
Weighted-average remaining lease term (years)
Operating leases20
Finance leases12
Weighted-average discount rate
Operating leases5.8 %
Finance leases14.3 %

(1) Amounts for the three months ended March 31, 2019 were less than $1 million.
Lessee, Operating Lease, Liability, Maturity
The future annual maturity of lease payments as of March 31, 2019 for the above lease obligations were:

Maturity of lease liabilities
Operating leases (1)
Finance leases (2)
Total
2019$— $$
2020— 
2021
2022— 
2023
Remainder37 43 
Total lease payments56 64 
Less: Interest (3)
(3)(30)(33)
Present value of lease liabilities (4)
$$26 $31 
(1) Operating lease payments include $2 million related to options to extend lease terms that are reasonably certain of being exercised.
(2) Includes $26 million in principal and excludes $9 million in executory costs.
(3) Calculated using the interest rate for each lease.
(4) Includes the current portion of $1 million for the finance lease.
Finance Lease, Liability, Maturity
The future annual maturity of lease payments as of March 31, 2019 for the above lease obligations were:

Maturity of lease liabilities
Operating leases (1)
Finance leases (2)
Total
2019$— $$
2020— 
2021
2022— 
2023
Remainder37 43 
Total lease payments56 64 
Less: Interest (3)
(3)(30)(33)
Present value of lease liabilities (4)
$$26 $31 
(1) Operating lease payments include $2 million related to options to extend lease terms that are reasonably certain of being exercised.
(2) Includes $26 million in principal and excludes $9 million in executory costs.
(3) Calculated using the interest rate for each lease.
(4) Includes the current portion of $1 million for the finance lease.
Lessor, Operating Lease, Payments to be Received, Maturity
As of March 31, 2019, future annual maturity of lease payments to be received under the contract terms of these operating leases, which includes only the lease components of these leases, were estimated to be:

Maturity of lease liabilities
Operating leases (1)
2019$42 
202056 
202156 
202256 
202356 
Remainder750 
Total lease payments$1,016 

(1) Operating lease payments include $555 million related to options to extend lease terms that are reasonably certain of being exercised.