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Lease Commitments (Tables) | 9 Months Ended
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Sep. 30, 2019
Leases [Abstract] |
Assets And Liabilities, Lessee | Details of the right-of-use assets and lease liabilities for operating and finance leases, including the balance sheet presentation, are as follows:
| At September 30, 2019
| Operating Leases |  | Finance Leases
| (Millions of dollars)
Deferred charges and other assets | $ | 4,265 |  |  | $ | — |
Properties, plant and equipment, net | — |  |  | 301 |
Right-of-use assets (1)(2) | $ | 4,265 |  |  | $ | 301 |
Accrued Liabilities | 1,315 |  |  | — |
Short Term Debt | — |  |  | 21 |
Current lease liabilities | 1,315 |  |  | 21 |
Deferred credits and other noncurrent obligations | 2,750 |  |  | — |
Long-term Debt | — |  |  | 249 |
Noncurrent lease liabilities | 2,750 |  |  | 249 |
Total lease liabilities | $ | 4,065 |  |  | $ | 270 |
Weighted-average remaining lease term (in years) | 5.3 |  |  | 15.6 |
Weighted-average discount rate | 3.2 | % |  | 4.9 | %
_______________________________________________ (1) Capitalized leased assets of $818 million are primarily from the Upstream segment, with accumulated amortization of $617 million at December 31, 2018. (2) Includes non-cash additions of $1,152 million and $146 million right-of-use assets obtained in exchange for new and modified lease liabilities in 2019 for operating and finance leases, respectively.
Lease, Cost | Total lease costs incurred for operating and finance leases were as follows:
| Three Months Ended September 30 |  | Nine Months Ended September 30
| 2019 |  | 2019
| (Millions of dollars)
Operating lease costs* | $ | 684 |  |  | $ | 1,804 |
Finance lease costs | 35 |  |  | 55 |
Total lease costs | $ | 719 |  |  | $ | 1,859 |
_______________________________________________ * Includes variable and short-term lease costs. Cash paid for amounts included in the measurement of lease liabilities was as follows:
| Nine Months Ended September 30, 2019
| (Millions of dollars)
Operating cash flows from operating leases | $ | 1,029 |
Investing cash flows from operating leases | 775 |
Operating cash flows from finance leases | 10 |
Financing cash flows from finance leases | 19 |
Lessee, Operating Lease, Liability, Maturity | At September 30, 2019, the estimated future undiscounted cash flows for operating and finance leases were as follows:
|  | At September 30, 2019
|  | Operating Leases |  | Finance Leases
|  | (Millions of dollars)
Year | 2019 (remaining months) | $ | 409 |  |  | $ | 12 |
| 2020 | 1,301 |  |  | 31 |
| 2021 | 1,023 |  |  | 30 |
| 2022 | 508 |  |  | 28 |
| 2023 | 318 |  |  | 27 |
| 2024 | 201 |  |  | 27 |
| Thereafter | 688 |  |  | 220 |
| Total | $ | 4,448 |  |  | $ | 375 |
Less: Amounts representing interest | 383 |  |  | 105 |
Total lease liabilities | $ | 4,065 |  |  | $ | 270 |
Finance Lease, Liability, Maturity | At September 30, 2019, the estimated future undiscounted cash flows for operating and finance leases were as follows:
|  | At September 30, 2019
|  | Operating Leases |  | Finance Leases
|  | (Millions of dollars)
Year | 2019 (remaining months) | $ | 409 |  |  | $ | 12 |
| 2020 | 1,301 |  |  | 31 |
| 2021 | 1,023 |  |  | 30 |
| 2022 | 508 |  |  | 28 |
| 2023 | 318 |  |  | 27 |
| 2024 | 201 |  |  | 27 |
| Thereafter | 688 |  |  | 220 |
| Total | $ | 4,448 |  |  | $ | 375 |
Less: Amounts representing interest | 383 |  |  | 105 |
Total lease liabilities | $ | 4,065 |  |  | $ | 270 |
Schedule of Estimated Future Minimum Lease Payments | At December 31, 2018, the estimated future minimum lease payments (net of noncancelable sublease rentals) under operating and capital leases, which at inception had a noncancelable term of more than one year, were as follows:
|  | At December 31, 2018
|  | Operating Leases |  | Capital Leases *
|  | (Millions of dollars)
Year | 2019 | $ | 540 |  |  | $ | 30 |
| 2020 | 492 |  |  | 22 |
| 2021 | 378 |  |  | 17 |
| 2022 | 242 |  |  | 16 |
| 2023 | 166 |  |  | 16 |
| Thereafter | 341 |  |  | 132 |
| Total | $ | 2,159 |  |  | $ | 233 |
Less: Amounts representing interest and executory costs |  |  | (88 | )
Net present values |  |  | 145 |
Less: Capital lease obligations included in short-term debt |  |  | (18 | )
Long-term capital lease obligations |  |  | $ | 127 |
_______________________________________________ * Excluded from the table is an executed but not-yet-commenced capital lease with payments of $14, $15, $22, $21, $21 and $219 for 2019, 2020, 2021, 2022, 2023 and thereafter, respectively.
Schedule of Estimated Future Minimum Lease Payments | At December 31, 2018, the estimated future minimum lease payments (net of noncancelable sublease rentals) under operating and capital leases, which at inception had a noncancelable term of more than one year, were as follows:
|  | At December 31, 2018
|  | Operating Leases |  | Capital Leases *
|  | (Millions of dollars)
Year | 2019 | $ | 540 |  |  | $ | 30 |
| 2020 | 492 |  |  | 22 |
| 2021 | 378 |  |  | 17 |
| 2022 | 242 |  |  | 16 |
| 2023 | 166 |  |  | 16 |
| Thereafter | 341 |  |  | 132 |
| Total | $ | 2,159 |  |  | $ | 233 |
Less: Amounts representing interest and executory costs |  |  | (88 | )
Net present values |  |  | 145 |
Less: Capital lease obligations included in short-term debt |  |  | (18 | )
Long-term capital lease obligations |  |  | $ | 127 |
_______________________________________________ * Excluded from the table is an executed but not-yet-commenced capital lease with payments of $14, $15, $22, $21, $21 and $219 for 2019, 2020, 2021, 2022, 2023 and thereafter, respectively.

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