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LEASES (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Lease Cost

The components of lease expense for the three and nine months ended September 30, 2022 and 2021 are as follows (in millions):

			Three Months Ended  September 30,												Nine Months Ended  September 30,
			2022						2021						2022						2021
Operating lease costs			$	179					$	183					$	546					$	537
Finance lease costs:
Amortization of assets			28						24						84						70
Interest on lease liabilities			3						4						10						11
Total finance lease costs			31						28						94						81
Variable lease costs			62						51						194						178
Short-term lease costs			319						305						944						835
Total lease costs			$	591					$	567					$	1,778					$	1,631

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

			Nine Months Ended  September 30,
			2022						2021
Cash paid for amounts included in measurement of obligations:
Operating cash flows from operating leases			$	523					$	538
Operating cash flows from finance leases			3						8
Financing cash flows from finance leases			123						48
Right-of-use assets obtained in exchange for lease obligations:
Operating leases			$	588					$	953
Finance leases			98						252

Supplemental Balance Sheet

Supplemental information related to leases and location within our consolidated balance sheets is as follows (in millions, except lease term and discount rate):

			September 30, 2022						December 31, 2021
Operating Leases:
Operating lease right-of-use assets			$	3,417					$	3,562
Current maturities of operating leases			$	560					$	580
Non-current operating leases			2,960						3,033
Total operating lease obligations			$	3,520					$	3,613
Finance Leases:
Property, plant and equipment, net			$	947					$	1,125
Current maturities of long-term debt, commercial paper and finance leases			$	79					$	129
Long-term debt and finance leases			300						279
Total finance lease obligations			$	379					$	408
Weighted average remaining lease term (in years):
Operating leases			11.0						11.7
Finance leases			8.8						8.0
Weighted average discount rate:
Operating leases			2.21		%				1.94		%
Finance leases			3.03		%				2.79		%

Operating Leases Maturity Schedule

Maturities of lease obligations as of September 30, 2022 are as follows (in millions):

			Finance Leases						Operating Leases
2022			$	31					$	136
2023			83						644
2024			56						544
2025			42						484
2026			35						437
Thereafter			212						1,800
Total lease payments			459						4,045
Less: Imputed interest			(80)						(525)
Total lease obligations			379						3,520
Less: Current obligations			(79)						(560)
Long-term lease obligations			$	300					$	2,960

Finance Leases Maturity Schedule

Maturities of lease obligations as of September 30, 2022 are as follows (in millions):

			Finance Leases						Operating Leases
2022			$	31					$	136
2023			83						644
2024			56						544
2025			42						484
2026			35						437
Thereafter			212						1,800
Total lease payments			459						4,045
Less: Imputed interest			(80)						(525)
Total lease obligations			379						3,520
Less: Current obligations			(79)						(560)
Long-term lease obligations			$	300					$	2,960

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Assets And Liabilities, Lessee [Table Text Block]

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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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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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 https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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