麻豆最新出品

Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
12 Months Ended
Dec. 31, 2020
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Summary of components of lease expense

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Years ended December 31,

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2020

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2019

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in millions

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Finance lease cost

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Depreciation of leased assets

$

35

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37

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Interest on lease liabilities

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6

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6

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Total finance lease cost

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41

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43

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Operating lease cost

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93

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89

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Sublease income

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(2)

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(3)

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Total lease cost

$

132

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129

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Schedule of remaining weighted-average lease term and weighted-average discount rate

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2020

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2019

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Weighted-average remaining lease term (years):

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Finance leases

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28.3

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29.7

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Operating leases

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9.2

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9.2

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Weighted-average discount rate:

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Finance leases

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4.6%

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4.6%

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Operating leases

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5.2%

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5.2%

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Schedule of balance sheet and other information of our leases

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December 31,

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2020

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2019

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in millions

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Operating leases:

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Operating lease right-of-use assets (1)

$

465

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510

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Current operating lease liabilities (2)

$

54

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53

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Operating lease liabilities (3)

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453

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495

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Total operating lease liabilities

$

507

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548

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Finance Leases:

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Property and equipment, at cost

$

477

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473

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Accumulated depreciation

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(118)

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(89)

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Property and equipment, net

$

359

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384

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Current finance lease liabilities (2)

$

6

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4

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Finance lease liabilities (3)

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116

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119

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Total finance lease liabilities

$

122

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123

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(1) Included in Other assets in the consolidated balance sheet
(2) Included in Other current liabilities in the consolidated balance sheet
(3) Included in Other liabilities in the consolidated balance sheet

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Schedule of cash flow information related to our leases

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Years ended December 31,

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2020

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2019

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in millions

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Cash paid for amounts included in the measurement of lease liabilities:

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Operating cash flows from operating leases

$

87

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79

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Financing cash flows from finance leases

$

6

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8

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Right-of-use assets obtained in exchange for lease obligations:

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Operating leases

$

8

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83

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Summary of maturities of our operating leases

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Finance leases

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Operating leases

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in millions

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2021

$

11

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78

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2022

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11

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80

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2023

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9

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75

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2024

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9

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66

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2025

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9

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66

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Thereafter

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153

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272

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Total lease payments

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202

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637

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Less: implied interest

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80

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130

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Present value of lease liabilities

$

122

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507

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Summary of maturities of our finance leases

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Finance leases

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Operating leases

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in millions

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2021

$

11

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78

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2022

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11

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80

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2023

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9

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75

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2024

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9

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66

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2025

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9

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66

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Thereafter

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153

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272

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Total lease payments

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202

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637

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Less: implied interest

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80

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130

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Present value of lease liabilities

$

122

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507

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