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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Rent Expense Rent expense for all operating leases for the year ended December 31, 2019, 2018 and 2017 was as follows:

 

 

Year Ended December 31,

 

($ in millions)

 

2019

 

 

2018

 

 

2017

 

Minimum rentals

 

$

19

 

 

$

21

 

 

$

17

 

Contingent rentals

 

 

2

 

 

 

3

 

 

 

3

 

 

 

$

21

 

 

$

24

 

 

$

20

 

 

Schedule of Supplemental Information Related to Operating Leases

Supplemental information related to operating leases for the year ending December 31, 2019:

 

($ in millions)

 

 

 

 

Cash paid for amounts included in the measurement of operating lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

16

 

 

 

 

 

 

Supplemental non-cash information:

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

10

 

Weighted-average remaining lease term of operating leases

 

6.1 years

 

Weighted-average discount rate of operating leases

 

 

5.34

%

Future Minimum Lease Payments Under Non-Cancelable Operating Leases

The future minimum rent payments under non-cancelable operating leases, due in each of the next five years and thereafter as of December 31, 2019, were as follows:

 

($ in millions)

 

Operating

Leases

 

Year

 

 

 

 

2020

 

$

17

 

2021

 

 

16

 

2022

 

 

12

 

2023

 

 

12

 

2024

 

 

11

 

Thereafter

 

 

22

 

Total future minimum lease payments

 

$

90

 

Less: imputed interest

 

 

(14

)

Present value of lease liabilities

 

$

76