Commitments and Contingencies (Tables)

12 Months Ended

Dec. 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 December 31, 2020 and 2019:

(in millions)		2020		2019
Balance Sheet Location
Assets
Right of use assets	Lease right-of-use assets	$	494	$	676
Liabilities
Other current liabilities	Current lease liabilities	100		112
Lease liabilities — non-current	Non-current lease liabilities	544		620

Schedule of Components of Lease Expense and Supplemental Cash Flow Information

The components of lease expense for the years ended December 31 are as follows: 

(in millions)	2020		2019
Operating lease cost	$	144	$	157
Sublease income	(6)		(18)
Total lease cost	$	138	$	139

Supplemental information related to leases for the years ended December 31 are as follows:

(in millions)	Twelve Months
	2020	2019
Cash paid for amounts included in the measurement for operating lease liabilities
Operating cash flows for operating leases	137	146
Right of use assets obtained in exchange for lease obligations
Operating leases	8	777

Schedule of Lease Terms and Discount Rates

Weighted-average remaining lease term and discount rate for our operating leases as of December 31 are as follows:

	2020		2019
Weighted-average remaining lease term (years)	8.5		9.0
Weighted-average discount rate	3.78	%	3.93	%

Schedule of Maturities of Operating Lease Liabilities

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

(in millions)
2021	$	120
2022	103
2023	85
2024	68
2025	60
2026 and beyond	302
Total undiscounted lease payments	$	738
Less: Imputed interest	94
Present value of lease liabilities	$	644