LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of operating lease cost

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

(in millions)	Year Ended December 31, 2019
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases		$164
Right-of-use assets in exchange for new operating lease liabilities	117

The components of operating lease cost are presented below:

(in millions)	Year Ended December 31, 2019
Operating lease cost		$165
Short-term lease cost	10
Variable lease cost	7
Sublease income	(3		)
Total		$179

Supplemental consolidated balance sheet information

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

(in millions)	December 31, 2019		Affected Line Item in Consolidated Balance Sheets
Operating lease right-of-use assets		$699	Other assets
Operating lease liabilities	721		Other liabilities

Lease liability maturity schedule

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

(in millions)	Operating Leases
2020	150
2021	150
2022	125
2023	100
Thereafter	281
Total lease payments	806
Less: Interest	85
Present value of lease liabilities		$721