Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Maturities of Lease Liabilities

The table below presents the maturities of lease liabilities:

	Operating
As of December 31, 2020	Leases
(In millions)
2021	$	89
2022		80
2023		72
2024		59
2025		49
Thereafter		317
Total		666
Less:  discount		165
Total lease liabilities	$	501

Weighted Average Remaining Lease Term for Operating Leases and Weighted Average Discount Rate

The table below presents the weighted average remaining lease term for operating leases and weighted average discount rate used in calculating the operating lease asset and liability.

As of December 31, 2020
Weighted average remaining lease term	9.7 Years
Weighted average discount rate	3.5%