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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Maturities of Non-Cancelable Operating Lease Liabilities

The maturities of our non-cancelable operating lease liabilities, due in each of the next five years and thereafter as of March 31, 2019, were:

 

 

 

Operating

Leases

 

Year

 

(in millions)

 

2019

 

$

20

 

2020

 

 

27

 

2021

 

 

28

 

2022

 

 

27

 

2023

 

 

21

 

Thereafter

 

 

204

 

Total minimum rent payments

 

$

327

 

Less: imputed interest

 

 

123

 

Total operating lease liabilities

 

$

204

 

Schedule of Rent Expense and Supplemental Cash Flow and Non Cash Information

The components of rent expense, primarily included in other property-level expenses in our condensed consolidated statements of comprehensive income, supplemental cash flow and non-cash information for all operating leases were:

 

 

 

Three Months Ended March 31,

 

 

 

 

2019

 

 

 

 

(in millions)

Operating lease expense

 

$

7

 

 

Variable lease expense

 

 

3

 

 

Operating cash flows for operating leases

 

 

7

 

 

Right-of-use assets obtained in exchange for lease obligations(1)

 

 

213

 

 

 

(1)

Represents right-of-use assets recorded upon adoption of ASC 842, Leases, on January 1, 2019. No additional right-of-use assets were obtained during the three months ended March 31, 2019.