Leases (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2019

Dec. 31, 2018

Leases [Abstract]

Schedule of Future Minimum Rent Payments

The future minimum rent payments as of December 31, 2018, were as follows:

	Operating Leases		Capital Leases
Year	(in millions)
2019	$	206	$	30
2020	191		30
2021	166		30
2022	134		29
2023	119		29
Thereafter	865		164
Total minimum lease payments	$	1,681	312
Less: amount representing interest			(87		)
Present value of minimum lease payments			$	225

Schedule of Rent Expense

Lease expense for operating leases was as follows:

	Year Ended December 31,
	2018		2017		2016
	(in millions)
Fixed	$	225	$	183	$	224
Contingent	142		101		98
	$	367	$	284	$	322

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases as of June 30, 2019 was as follows:

	(dollars  in millions)
Operating leases:
Operating lease right-of-use assets	$	891
Accounts payable, accrued expenses and other	131
Operating lease liabilities	1,066
Finance leases:
Property and equipment, net	$	57
Current maturities of long-term debt	37
Long-term debt	223
Weighted average remaining lease term:
Operating leases	13.0 years
Finance leases	8.9 years
Weighted average discount rate:
Operating leases	3.74		%
Finance leases	5.80		%

Lease, Cost

The components of lease expense were as follows:

	Three Months Ended		Six Months Ended
	June 30, 2019		June 30, 2019
	(in millions)
Operating lease expense for fixed payments	$	36	$	73
Finance lease expense:
Amortization of ROU assets	8		16
Interest on lease liabilities	3		7
Variable lease expense(1)	52		82

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Includes amounts related to operating leases and interest payments on finance leases.

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases for the six months ended June 30, 2019 was as follows:

	(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	90
Financing cash flows from finance leases	21
ROU assets obtained in exchange for lease liabilities in non-cash transactions:
Operating leases	21
Finance leases	52

Schedule of Future Minimum Lease Payments

Our future minimum lease payments as of June 30, 2019 were as follows:

	Operating Leases			Finance Leases
Year	(in millions)
2019 (remaining)	$	89		$	26
2020	175			49
2021	161			40
2022	137			31
2023	122			30
Thereafter	872			166
Total minimum lease payments	1,556			342
Less: imputed interest	(359		)	(82		)
Total lease liabilities	$	1,197		$	260