Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease, cost

Supplemental unaudited consolidated cash flow statement information related to leases:

	Year Ended December 31, 2019
	(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	387
Operating cash flows from finance leases	11
Financing cash flows from finance leases	5
Supplemental lease cash flow disclosures
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities	206
Right-of-use assets obtained in exchange for new finance lease liabilities	12

Lease expense consisted of the following:

	Year Ended December 31, 2019
	(Dollars in millions)
Operating and short-term lease cost	388
Finance lease cost:
Amortization of right-of-use assets	14
Interest on lease liability	10
Total finance lease cost	24
Total lease cost	412

Assets And liabilities

Supplemental consolidated balance sheet information and other information related to leases:

		December 31
Leases (millions)	Classification on the Balance Sheet	2019
Assets
Operating lease assets	Operating lease assets	$	1,060
Finance lease assets	Property, plant and equipment, net of accumulated depreciation	154
Total leased assets		$	1,214
Liabilities
Current
Operating	Current operating lease liabilities	$	249
Finance	Current portion of long-term debt	11
Noncurrent
Operating	Noncurrent operating lease liabilities	854
Finance	Long-term debt	160
Total lease liabilities		$	1,274
Weighted-average remaining lease term (years)
Operating leases		7.5
Finance leases		13.1
Weighted-average discount rate
Operating leases		6.19		%
Finance leases		5.60		%

Lessee, operating lease, liability, maturity

As of December 31, 2019, maturities of lease liabilities were as follows:

	Operating Leases			Finance Leases
	(Dollars in millions)
2020	$	276		21
2021	231			17
2022	199			18
2023	166			18
2024	113			18
Thereafter	437			154
Total lease payments	1,422			246
Less: interest	(319		)	(75		)
Total	1,103			$	171
Less: current portion	(249		)	(11		)
Long-term portion	$	854		$	160

Schedule of future minimum lease payments for capital leases

The future annual minimum payments under capital lease agreements as of December 31, 2018 were as follows:

	Future Minimum Payments
	(Dollars in millions)
Capital lease obligations:
2019	$	16
2020	15
2021	16
2022	16
2023	17
2024 and thereafter	164
Total minimum payments	244
Less: amount representing interest and executory costs	(81		)
Present value of minimum payments	163
Less: current portion	(6		)
Long-term portion	$	157

Schedule of future minimum rental payments for operating leases

At December 31, 2018, our future rental commitments for operating leases were as follows:

	Operating Leases
	(Dollars in millions)
2019	$	396
2020	259
2021	219
2022	164
2023	137
2024 and thereafter	613
Total future minimum payments (1)	$	1,788

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(1)

Minimum payments have not been reduced by minimum sublease rentals of $29 million due in the future under non-cancelable subleases.