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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Information Company’s Operating Leases

A significant operating lease was renewed in 2018 with the State of Georgia for approximately 137 miles of right-of-way with integral equipment for an additional term of 50 years with an annual 2.5% increase. The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s operating leases as of December 31, 2019.

(Dollars in Millions)
December 2019
Maturity of Lease Liabilities
Lease Payments
2020
58

2021
54

2022
48

2023
39

2024
37

Thereafter
1,208

Total undiscounted operating lease payments
$
1,444

Less: Imputed interest
(894
)
Present value of operating lease liabilities
$
550

 
 
Balance Sheet Classification
 
Current lease liabilities (recorded in other current liabilities)
$
57

Long-term lease liabilities
493

Total operating lease liabilities
$
550

 
 
Other Information
 
Weighted-average remaining lease term for operating leases
33 years

Weighted-average discount rate for operating leases
5.0
%

Schedule of Operating Lease Costs These amounts are shown in the table below.

 
Fiscal Years
(Dollars in Millions)
2019
 
2018
 
2017
Rent Expense on Operating Leases
$
84

 
$
66

 
$
78