Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease expense were as follows (in millions):



	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Lease cost
Finance lease cost:
Amortization of assets	$	39	$	110
Interest of lease liabilities	4		12
Operating lease cost	84		230
Short-term lease cost	4		22
Variable lease cost	26		80
Sublease income	—		(1		)
Total lease cost	$	157	$	453

Supplemental cash flow information related to leases was as follows (in millions):



	Nine Months Ended September 30, 2019
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from financing leases	$	10
Operating cash flows from operating leases	192
Financing cash flows from financing leases	120
Right-of-use assets obtained in exchange for lease obligations:
Operating lease liabilities	$	804
Finance lease liabilities	196

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):



	As of September 30, 2019
Operating Leases
Operating lease right-of-use assets	$	1,538
Operating lease liability, current	197
Operating lease liabilities, non-current	1,459
Total operating lease liabilities	$	1,656



	As of September 30, 2019
Finance Leases
Property and equipment, at cost	$	484
Accumulated depreciation	(207		)
Property and equipment, net	$	277
Other current liabilities	$	130
Other long-term liabilities	144
Total finance leases liabilities	$	274



	As of September 30, 2019
Weighted-average remaining lease term
Operating leases	16 years
Finance leases	2 years
Weighted-average discount rate
Operating leases	7.2	%
Finance leases	5.1	%

Maturities of lease liabilities were as follows (in millions):



	As of September 30, 2019
	Operating Leases			Finance Leases
Remainder of 2019	$	58		$	37
2020	226			136
2021	290			98
2022	253			18
2023	186			—
Thereafter	2,284			—
Total undiscounted lease payments	3,297			289
Less: imputed interest	(1,641		)	(15		)
Total lease liabilities	$	1,656		$	274

Maturities of lease liabilities were as follows (in millions):



	As of September 30, 2019
	Operating Leases			Finance Leases
Remainder of 2019	$	58		$	37
2020	226			136
2021	290			98
2022	253			18
2023	186			—
Thereafter	2,284			—
Total undiscounted lease payments	3,297			289
Less: imputed interest	(1,641		)	(15		)
Total lease liabilities	$	1,656		$	274

Future minimum payments related to the financing obligations as of September 30, 2019 are summarized below (in millions):