Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases

Summary of lease balance sheet information

Supplemental balance sheet information for our leases is as follows (in millions):

Leases	Classification		June 30, 2019
Assets
Long-term:
Operating	Other assets	$	378
Financing	Property and equipment, net of accumulated depreciation and amortization		349
Total lease assets		$	727
Liabilities
Current:
Operating	Accrued liabilities	$	89
Financing	Current portion of long-term debt		33
Long-term:
Operating	Other liabilities		300
Financing	Long-term debt, less current portion		296
Total lease liabilities		$	718

Summary of maturities of operating lease liabilities

Minimum contractual obligations for our leases (undiscounted) as of June 30, 2019 are as follows (in millions):

		Operating		Financing
2019 (excluding six months ended June 30, 2019)	$	45	$	22
2020		87		42
2021		55		40
2022		45		39
2023		37		38
Thereafter		268		235
Total lease payments	$	537	$	416
Less: interest		(148)		(87)
Discounted lease liabilities	$	389	$	329

As of June 30, 2019, we entered into leases, primarily for real estate, that have not yet commenced with future lease payments of $167 million that are not reflected in the table above. These leases will commence through 2020 with non-cancelable lease terms up to 15 years.

Summary of maturities of finance lease liabilities

		Operating		Financing
2019 (excluding six months ended June 30, 2019)	$	45	$	22
2020		87		42
2021		55		40
2022		45		39
2023		37		38
Thereafter		268		235
Total lease payments	$	537	$	416
Less: interest		(148)		(87)
Discounted lease liabilities	$	389	$	329

As of June 30, 2019, we entered into leases, primarily for real estate, that have not yet commenced with future lease payments of $167 million that are not reflected in the table above. These leases will commence through 2020 with non-cancelable lease terms up to 15 years.