Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease, Cost

The components of lease expense included in Income before Income Taxes for the year ended December 31, 2019 are as follows:

(In millions)	2019
Operating Lease Expense	$	292
Finance Lease Expense:
Amortization of ROU assets	11
Interest on lease liabilities	21
Short Term Lease Expense	6
Variable Lease Expense	7
Sublease Income	(15		)
Total Lease Expense	$	322

Schedule of Rent Expense

Net rental expense for the years ended December 31, 2018 and 2017 is comprised of the following:

(In millions)	2018			2017
Gross rental expense	$	333		$	332
Sublease rental income	(16		)	(17		)
	$	317		$	315

Direct Financing Lease, Lease Income

Supplemental cash flow information related to leases for the year ended December 31, 2019 is as follows:

(In millions)
Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating Cash Flows for Operating Leases	$	267
Operating Cash Flows for Finance Leases	21
Financing Cash Flows for Finance Leases	7
ROU Assets Obtained in Exchange for Lease Obligations
Operating Leases	197
Finance Leases	34

Operating Lease, Lease Income

Supplemental cash flow information related to leases for the year ended December 31, 2019 is as follows:

(In millions)
Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating Cash Flows for Operating Leases	$	267
Operating Cash Flows for Finance Leases	21
Financing Cash Flows for Finance Leases	7
ROU Assets Obtained in Exchange for Lease Obligations
Operating Leases	197
Finance Leases	34

Lessee, Balance Sheet Information

Supplemental balance sheet information related to leases as of December 31, 2019 is as follows:

(In millions, except lease term and discount rate)
Operating Leases
Operating Lease ROU Assets	$	855
Operating Lease Liabilities due Within One Year	$	199
Operating Lease Liabilities	668
Total Operating Lease Liabilities	$	867
Finance Leases
Property, Plant and Equipment, at cost	$	259
Accumulated Depreciation	(50		)
Property, Plant and Equipment, net	$	209
Long Term Debt and Finance Leases due Within One Year	$	6
Long Term Debt and Finance Leases	243
Total Finance Lease Liabilities	$	249
Weighted Average Remaining Lease Term
Operating Leases	7.2 years
Finance Leases	31.6 years
Weighted Average Discount Rate
Operating Leases	6.69		%
Finance Leases	8.46		%

Lessee, Operating Lease, Liability, Maturity

Future maturities of our lease liabilities, excluding subleases, as of December 31, 2019 are as follows:

(In millions)	Operating Leases		Finance Leases
2020	$	242	$	25
2021	192		35
2022	141		22
2023	109		21
2024	81		20
Thereafter	359		690
Total Lease Payments	1,124		813
Less: Imputed Interest	257		564
Total	$	867	$	249

Finance Lease, Liability, Maturity

Future maturities of our lease liabilities, excluding subleases, as of December 31, 2019 are as follows:

(In millions)	Operating Leases		Finance Leases
2020	$	242	$	25
2021	192		35
2022	141		22
2023	109		21
2024	81		20
Thereafter	359		690
Total Lease Payments	1,124		813
Less: Imputed Interest	257		564
Total	$	867	$	249