Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of Location and Amounts of Leases

The following table provides information on the location and amounts of our leases on our consolidated balance sheets as of March 31, 2020 and December 31, 2019:

(in millions)		March 31,		December 31,
Balance Sheet Location		2020		2019
Assets
Right of use assets	Lease right-of-use assets	$	652	$	676
Liabilities
Other current liabilities	Current lease liabilities	104		112
Lease liabilities — non-current	Noncurrent lease liabilities	603		620

Schedule of Components of Lease Expense and Supplemental Cash Flow Information

The components of lease expense for the three months ended March 31 are as follows: 

(in millions)	2020		2019
Operating lease cost	$	36	$	37
Sublease income	(4)		(4)
Total lease cost	$	32	$	33

Supplemental information related to leases for the three months ended March 31 are as follows:

(in millions)	2020		2019
Cash paid for amounts included in the measurement for operating lease liabilities
Operating cash flows from operating leases	$	39	$	35
Right-of-use assets obtained in exchange for lease obligations
Operating leases	6		715

Schedule of Lease Term and Discount Rate

Weighted-average remaining lease term and discount rate for our operating leases are as follows:

	March 31,		December 31,
	2020		2019
Weighted-average remaining lease term (years)	8.9		9.0
Weighted-average discount rate	3.85	%	3.93	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities for our operating leases are as follows:

(in millions)
2020 (Excluding the three months ended March 31, 2020)	$	100
2021	120
2022	105
2023	87
2024	66
2025 and beyond	357
Total undiscounted lease payments	$	835
Less: Imputed interest	128
Present value of lease liabilities	$	707