Leases Leases (Tables)

3 Months Ended

Mar. 31, 2019

The components of lease cost were as follows (in millions):



	Three Months Ended March 31, 2019

Operating lease cost	$	1

Variable lease cost	$	9

Supplemental Information [Table Text Block]

Supplemental information related to amounts and presentation of leases in the condensed consolidated balance sheets is presented below (in millions):



	Balance Sheet Classification	March 31, 2019
Operating Leases:
Operating lease right-of-use assets	Other noncurrent assets	$	41

Current operating lease liabilities	Accrued expenses and other current liabilities	5
Noncurrent operating lease liabilities	Other noncurrent liabilities	36
Total operating lease liabilities		$	41

Finance Leases:
Finance lease right-of-use assets	Electric utility plant, net	$	2

Current finance lease liabilities	Accrued expenses and other current liabilities	—
Noncurrent finance lease liabilities	Other noncurrent liabilities	2
Total finance lease liabilities		$	2

Lease Term and Discount Rate [Table Text Block]

Lease term and discount rates were as follows:



	March 31, 2019
Weighted Average Remaining Lease Term
Operating leases	30 years
Finance leases	4 years

Weighted Average Discount Rate
Operating leases	3.8	%
Finance leases	3.4	%

Maturities of Lease Liabilities [Table Text Block]

As of March 31, 2019, maturities of lease liabilities were as follows (in millions):



	Operating Leases			Finance Leases

2019	$	4		$	—
2020	5			—
2021	5			1
2022	5			1
2023	5			—
Thereafter	53			—
Total lease payments	$	77		$	2
Less imputed interest	(36		)	—
Total	$	41		$	2

Supplemental Cash Flow Information [Table Text Block]

Supplemental cash flow information related to leases was as follows (in millions):



	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1

Future Minimum Lease Payments [Table Text Block]

As of December 31, 2018, and pursuant to historical lease accounting under Topic 840, PGE’s estimated future minimum lease payments pursuant to capital, build-to-suit, and operating leases for the following five years and thereafter are as follows (in millions):



	Future Minimum Lease Payments
	Capital Leases			Build-to-Suit		Operating Leases
2019	$	6		$	11	$	4
2020	6			14		5
2021	6			13		5
2022	6			13		6
2023	5			13		7
Thereafter	67			225		97
Total minimum lease payments	96			$	289	$	124
Less imputed interest	(47		)
Present value of net minimum lease payments	49
Less current portion	(2		)
Noncurrent portion	$	47