LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Components of operating lease cost

Supplemental information related to the Company’s operating lease arrangements is presented below:

(in millions)	Three Months Ended March 31, 2019
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases		$39
Right-of-use assets in exchange for new operating lease liabilities	47

The components of operating lease cost are presented below:

(in millions)	Three Months Ended March 31, 2019
Operating lease cost		$40
Short-term lease cost	3
Variable lease cost	2
Sublease income	(1		)
Total		$44

Supplemental consolidated balance sheet information

Supplemental Consolidated Balance Sheet information related to the Company’s operating lease arrangements is presented below:

(in millions)	March 31, 2019		Affected Line Item in Consolidated Balance Sheets
Operating lease right-of-use assets		$746	Other assets
Operating lease liabilities	762		Other liabilities

Lease liability maturity schedule

At March 31, 2019, lease liabilities maturing under non-cancelable operating leases are presented below for the years ended December 31:

(in millions	Operating Leases
2019		$108
2020	157
2021	140
2022	115
2023	90
Thereafter	249
Total lease payments	859
Less interest	97
Present value of lease liabilities		$762