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v3.19.3.a.u2

LEASES (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Lease, Cost [Table Text Block] | Supplemental cash flow information related to leases is as follows (in millions):
| Year Ended December 31,
| 2019
Cash paid for amounts included in measurement of liabilities: |
Operating cash flows from operating leases | $ | 620 |
Operating cash flows from finance leases | 19 |
Financing cash flows from finance leases | 140 |
Right-of-use assets obtained in exchange for lease liabilities: |
Operating leases | $ | 810 |
Finance leases | $ | 110 |
The components of lease expense for the year ended December 31, 2019 are as follows (in millions):
| Year Ended December 31,
| 2019
Operating lease costs | $ | 643 |
Finance lease costs: |
Amortization of assets | $ | 73 |
Interest on lease liabilities | 19 |
Total finance lease costs | 92 |
Variable lease costs | 206 |
Short-term lease costs | 1,122 |
Total lease costs | $ | 2,063 |
Supplemental Balance Sheet | Supplemental information related to leases and location within our consolidated balance sheets are as follows (in millions, except lease term and discount rate):
| December 31, 2019
Operating Leases: |
Operating lease right-of-use assets | $ | 2,856 |
Current maturities of operating leases | $ | 538 |
Non-current operating leases | 2,391 |
Total operating lease liabilities | $ | 2,929 |
Finance Leases: |
Aircraft | $ | 2,087 |
Buildings | 272 |
Vehicles, plant equipment, technology equipment and other | 27 |
Accumulated amortization | (884 | )
Property, plant and equipment, net | $ | 1,502 |
Current maturities of long-term debt, commercial paper and finance leases | $ | 181 |
Long-term debt and finance leases | 317 |
Total finance lease liabilities | $ | 498 |
Weighted average remaining lease term (in years): |
Operating leases | 9.7 |
Finance leases | 8.9 |
Weighted average discount rate: |
Operating leases | 2.78 | %
Finance leases | 4.03 | %
Operating Leases Maturity Schedule | Maturities of lease liabilities as of December 31, 2019 are as follows (in millions):
| Finance Leases |  | Operating Leases
2020 | $ | 199 |  |  | $ | 619 |
2021 | 44 |  |  | 536 |
2022 | 39 |  |  | 451 |
2023 | 37 |  |  | 360 |
2024 | 35 |  |  | 256 |
Thereafter | 259 |  |  | 1,267 |
Total lease payments | 613 |  |  | 3,489 |
Less: Imputed interest | (115 | ) |  | (560 | )
Total lease obligations | 498 |  |  | 2,929 |
Less: Current obligations | (181 | ) |  | (538 | )
Long-term lease obligations | $ | 317 |  |  | $ | 2,391 |
Finance Leases Maturity Schedule | Maturities of lease liabilities as of December 31, 2019 are as follows (in millions):
| Finance Leases |  | Operating Leases
2020 | $ | 199 |  |  | $ | 619 |
2021 | 44 |  |  | 536 |
2022 | 39 |  |  | 451 |
2023 | 37 |  |  | 360 |
2024 | 35 |  |  | 256 |
Thereafter | 259 |  |  | 1,267 |
Total lease payments | 613 |  |  | 3,489 |
Less: Imputed interest | (115 | ) |  | (560 | )
Total lease obligations | 498 |  |  | 2,929 |
Less: Current obligations | (181 | ) |  | (538 | )
Long-term lease obligations | $ | 317 |  |  | $ | 2,391 |
Contractual Obligation, Fiscal Year Maturity Schedule | The following table sets forth the aggregate minimum lease payments under capital and operating leases as of December 31, 2018 (in millions):
| Capital Leases |  | Operating Leases
2019 | $ | 158 |  |  | $ | 578 |
2020 | 95 |  |  | 477 |
2021 | 42 |  |  | 399 |
2022 | 39 |  |  | 325 |
2023 | 36 |  |  | 262 |
After 2023 | 293 |  |  | 926 |
Total lease payments | 663 |  |  | 2,967 |
Less: Imputed interest | (129 | ) |  |
Total lease obligations | 534 |  |  |
Less: Current obligations | (140 | ) |  |
Long-term lease obligations | $ | 394 |  |  |

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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