Leases (Tables)

3 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of Lease Expense and Supplemental Cash Flow Information Related to Leases

The components of lease expense were as follows:

(in millions)	Three Months ended June 30, 2019
Operating lease cost	$	176
Short-term lease cost	10
Variable lease cost	15
Sublease income	(9		)
Total operating costs	$	192
Finance lease cost:
Amortization of right-of-use assets	$	109
Interest on lease liabilities	17
Total finance lease cost	$	126

Supplemental Balance Sheet Information Related to Leases

Cash payments made from variable lease costs and short-term leases are not included in the measurement of operating and finance lease liabilities, and as such, are excluded from the supplemental cash flow information stated below. In addition, for the supplemental non-cash information on operating and finance leases, please refer to Note 19 - "Cash Flows."

(in millions)	Three Months ended June 30, 2019
Cash paid for amounts included in the measurement of:
Operating cash flows from operating leases	$	174
Operating cash flows from finance leases	$	17
Financing cash flows from finance leases	$	145

Supplemental Balance Sheet information related to leases was as follows:

		As of
(in millions)	Balance Sheet Line Item	June 30, 2019
Assets:
ROU operating lease assets	Operating right-of-use assets, net	$	1,591
ROU finance lease assets	Property and Equipment, net	1,424
Total		$	3,015
Liabilities:
Current
Operating lease	Current operating lease liabilities	$	586
Finance lease	Short-term debt and current maturities of long-term debt	478
Total		$	1,064
Non-current
Operating lease	Non-current operating lease liabilities	$	1,129
Finance lease	Long-term debt, net of current maturities	738
Total		$	1,867

The following table provides information on the weighted average remaining lease term and weighted average discount rate for operating and finance leases:

Weighted Average remaining lease term:	Years
Operating leases	4.4
Finance leases	2.9
Weighted average remaining discount rate:	Rate
Operating leases	2.8	%
Finance leases	5.2	%

Maturities of Lease Liabilities

The following maturity analysis presents expected undiscounted cash payments for operating and finance leases on an annual basis as of June 30, 2019:

Fiscal year	Operating Leases
(in millions)	Real Estate			Equipment			Finance Leases
Remainder of 2020	$	310		$	124		$	427
2021	367			92			387
2022	287			30			281
2023	207			5			150
2024	157			1			47
Thereafter	281			—			1
Total lease payments	1,609			252			1,293
Less: imputed interest	(139		)	(7		)	(77		)
Total payments	$	1,470		$	245		$	1,216

Maturities of Lease Liabilities

The following maturity analysis presents expected undiscounted cash payments for operating and finance leases on an annual basis as of June 30, 2019:

Fiscal year	Operating Leases
(in millions)	Real Estate			Equipment			Finance Leases
Remainder of 2020	$	310		$	124		$	427
2021	367			92			387
2022	287			30			281
2023	207			5			150
2024	157			1			47
Thereafter	281			—			1
Total lease payments	1,609			252			1,293
Less: imputed interest	(139		)	(7		)	(77		)
Total payments	$	1,470		$	245		$	1,216