Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Disclosure of Lease Costs

The components of lease costs are shown below:

	For the year ended
(in millions)	December 31, 2019
Operating lease cost	$	45
Short-term lease cost	45
Variable lease cost	1
Total lease cost	$	91

Supplemental cash flow information related to leases is set forth below:

	For the year ended
(in millions)	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	47
Right-of-use assets obtained in exchange for operating liabilities:
Operating leases	$	95

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases is as follows:

(in millions)	December 31, 2019
Right-of-use asset balance:
Operating leases	$	159
Lease liability balance:
Current operating leases	$	34
Long-term operating leases	119
Total operating leases	$	153
Weighted average remaining lease term: (years)
Operating leases	6.6
Weighted average discount rate:
Operating leases	5.33		%

Maturity Analysis of Operating Lease Liabilities

Maturity analysis of operating lease liabilities:

(in millions)	December 31, 2019
2020	$	41
2021	33
2022	22
2023	19
2024	15
Thereafter	52
Total undiscounted lease liability	182
Imputed interest	(29)
Total discounted lease liability	$	153

Undiscounted Maturities of Operating Leases Under ASC 840

Undiscounted maturities of operating leases accounted for under ASC 840:

(in millions)	December 31, 2018
2019	$	38
2020	28
2021	14
2022	6
2023	5
Thereafter	4
Total minimum payments required	$	95