XML 63 R52.htm IDEA: XBRL DOCUMENT v3.19.2
Leases (Tables)
6 Months Ended
Jun. 30, 2019
Components of Lease Expense [Abstract]  
Lease, Cost [Table Text Block]
(In millions)
Three Months Ended June 30, 2019
Six Months Ended June 30, 2019
Operating lease cost
$
44

$
85

Finance lease cost




Amortization of right-of-use assets
(19
)
9

Interest on lease liabilities

1

Total finance lease cost
(19
)
10

Short-term lease cost
2

6

Variable lease cost
2

5

Total lease cost
$
29

$
106


Schedule of Supplemental Cash Flow Information Related to Leases [Table Text Block]
(In millions)
Six Months Ended
June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
Operating cash outflows from operating leases
$
90

Operating cash outflows from finance leases
$
1

Financing cash outflows from finance leases
$
8



Schedule of Lease Assets and Liabilities [Table Text Block]
(In millions)
June 30, 2019
Operating Leases
 

Operating lease right-of-use assets1
$
553

Current operating lease liabilities2
152

Noncurrent operating lease liabilities3
428

Total operating lease liabilities
$
580

 
 
Finance Leases
 

Property, plant, and equipment, gross
$
28

Accumulated depreciation
(9
)
Property, plant, and equipment, net
19

Short-term borrowings and finance lease obligations
18

Long-Term Debt
6

Total finance lease liabilities
$
24

1. 
Included in other assets in the interim Condensed Consolidated Balance Sheet.
2. 
Included in accrued and other current liabilities in the interim Condensed Consolidated Balance Sheet.
3. 
Included in other noncurrent obligations in the interim Condensed Consolidated Balance Sheet.

Lease Term and Discount Rate [Table Text Block]
Lease Term and Discount Rate
June 30, 2019
Weighted-average remaining lease term (years)
 
Operating leases
7.31

Financing leases
5.54

Weighted average discount rate


Operating leases
3.55
%
Financing leases
3.26
%

Maturities of Lease Liabilities [Table Text Block]
Maturity of Lease Liabilities at June 30, 2019
Operating Leases
Financing Leases
(In millions)
Remainder of 2019
$
95

$
9

2020
136

10

2021
107

2

2022
80

1

2023
60

1

2024 and thereafter
177

2

Total lease payments
655

25

Less: Interest
75

1

Present value of lease liabilities
$
580

$
24



Schedule of Minimum Lease Commitments [Table Text Block]
Minimum Lease Commitments at December 31, 2018
December 31, 20181
(In millions)
2019
$
169

2020
99

2021
72

2022
56

2023
38

2024 and thereafter
78

Total
$
512

1. Includes adjustments for discontinued operations and common control business combination.