LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of operating lease cost

The components of operating lease cost are presented below:

(in millions)	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Operating lease cost		$42			$123
Short-term lease cost	2			8
Variable lease cost	2			6
Sublease income	(1		)	(3		)
Total		$45			$134

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

(in millions)	Nine Months Ended September 30, 2019
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases		$122
Right-of-use assets in exchange for new operating lease liabilities	91

Supplemental consolidated balance sheet information

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

(in millions)	September 30, 2019		Affected Line Item in Consolidated Balance Sheets
Operating lease right-of-use assets		$712	Other assets
Operating lease liabilities	733		Other liabilities

Lease liability maturity schedule

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

(in millions)	Operating Leases
2019		$29
2020	162
2021	146
2022	121
2023	96
Thereafter	269
Total lease payments	823
Less: Interest	90
Present value of lease liabilities		$733