LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of operating lease cost

The components of operating lease cost are presented below:

(in millions)	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019
Operating lease cost		$41			$81
Short-term lease cost	3			6
Variable lease cost	2			4
Sublease income	(1		)	(2		)
Total		$45			$89

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

(in millions)	Six Months Ended June 30, 2019
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases		$80
Right-of-use assets in exchange for new operating lease liabilities	72

Supplemental consolidated balance sheet information

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

(in millions)	June 30, 2019		Affected Line Item in Consolidated Balance Sheets
Operating lease right-of-use assets		$732	Other assets
Operating lease liabilities	750		Other liabilities

Lease liability maturity schedule

At June 30, 2019, lease liabilities maturing under non-cancelable operating leases are presented below for the years ended December 31:

(in millions	Operating Leases
2019		$69
2020	160
2021	143
2022	118
2023	93
Thereafter	262
Total lease payments	845
Less interest	95
Present value of lease liabilities		$750