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Leasing (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Schedule of Aggregate Right-of Use Assets and Related Lease Obligations

The following represents the aggregate right-of use assets and related lease obligations as of September 30, 2019:

 

 

Amounts recognized in the Consolidated Balance Sheet at September 30, 2019:

 

 

 

 

Properties, plants and equipment, net

 

$

158

 

Other current liabilities

 

 

62

 

Other noncurrent liabilities and deferred credits

 

 

96

 

Total operating lease liabilities

 

$

158

 

 

 

 

 

 

Schedule of Weighted Average Lease Term and Weighted Average Discount Rate

The weighted average lease term and weighted average discount rate as of September 30, 2019 were as follows:

 

Weighted average lease term

 

 

Operating leases

 

4.1 years

Weighted average discount rate

 

 

Operating leases

 

5.3%

 

Schedule of Future Cash Flows Related to Operating Lease Obligations

The future cash flows related to the operating lease obligations as of September 30, 2019 were as follows:

 

Year Ending December 31,

 

Operating leases

 

2019 (excluding the nine months ended September 30)

 

$

21

 

2020

 

 

68

 

2021

 

 

51

 

2022

 

 

19

 

2023

 

 

10

 

Thereafter

 

 

21

 

Total lease payments (undiscounted)

 

 

190

 

Less: discount to net present value

 

 

(32

)

Total

 

$

158

 

 

Schedule of Minimum Annual Lease Commitments under Long-term Operating Leases The following table represents minimum annual lease commitments as of December 31, 2018 under long-term operating leases:

Year Ending December 31,

 

Operating leases

 

2019

 

$

74

 

2020

 

 

56

 

2021

 

 

42

 

2022

 

 

11

 

2023

 

 

5

 

Thereafter

 

 

21

 

Total lease payments

 

$

209