LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Assets and Liabilities

Information related to operating leases is as follows (in millions of dollars):

	As of December 31, 2019
ROU Assets
Other assets	$	223
Operating lease liabilities
Accrued expenses	58
Other non-current liabilities	171
Total operating lease liabilities	$	229

Schedule of Operating Lease Information

	Twelve Months Ended December 31, 2019
Weighted average remaining lease term	5 years
Weighted average incremental borrowing rate	2.3		%
Cash paid for operating leases	$	67
ROU assets obtained in exchange for operating lease obligations	$	88

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2019 (in millions of dollars) are as follows:

	Maturity of operating lease liabilities
2020	$	63
2021	55
2022	45
2023	30
2024	16
Thereafter	30
Total lease payments	239
Less interest	(10		)
Present value of lease liabilities	$	229