Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lessee, Operating Lease, Disclosure

(in millions)		September 30, 2019
Assets
Operating lease assets	Other non-current assets	$	88
Total operating lease assets		$	88
Liabilities
Current
Operating lease liabilities	Accounts payable and accrued expenses	$	19
Noncurrent
Operating lease liabilities	Other non-current liabilities	68
Total operating lease liabilities		$	87

Lessee, Operating Lease, Liability, Maturity

Future minimum operating lease payments at December 31, 2018 were as follows:

(in millions)
2019	$	24
2020	21
2021	15
2022	13
2023	10
After 2023	38
Total minimum lease payments	$	121

(in millions)	Operating Leases
2019 (excluding the nine months ended September 30, 2019)	$	5
2020	20
2021	15
2022	12
2023	9
After 2023	39
Total (undiscounted) lease payments	$	100
Less: Imputed interest	13
Present value of lease liabilities	$	87

Lease term and discount rate

Weighted-average remaining lease term (years)
Operating leases	8
Finance leases	3
Weighted-average discount rate
Operating leases	2.8	%
Finance leases	3.3	%