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Leases (Tables) | 9 Months Ended
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Sep. 30, 2020
Leases [Abstract] |
Schedule of cost, supplemental cash flow and other information related to leases |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating lease cost (1) | $ | 60 |  |  | $ | 64 |  |  | $ | 183 |  |  | $ | 141 |
Finance lease cost (2) |  |  |  |  |  |  |
Amortization of right-of-use assets | 48 |  |  | 16 |  |  | 137 |  |  | 18 |
Interest on lease liabilities | 7 |  |  | 3 |  |  | 16 |  |  | 3 |
Total lease cost | $ | 115 |  |  | $ | 83 |  |  | $ | 336 |  |  | $ | 162 |
(1)Operating lease expense is included within cost of processing and services, cost of product and selling, general and administrative expense, dependent upon the nature and use of the right-of-use (“ROU”) asset, in the consolidated statements of income. Operating lease cost includes approximately $8 million and $14 million of variable lease costs for the three months ended September 30, 2020 and 2019, respectively, and $27 million and $42 million for the nine months ended September 30, 2020 and 2019, respectively. (2)Finance lease expense is recorded as depreciation and amortization expense within cost of processing and services, cost of product and selling, general and administrative expense, dependent upon the nature and use of the ROU asset, and interest expense, net in the consolidated statements of income. Finance lease expense during the three and nine months ended September 30, 2020 includes $17 million and $62 million, respectively, of accelerated amortization associated with the termination of certain vendor contracts (see Note 16). Supplemental Cash Flow Information
| Nine Months Ended September 30,
(In millions) | 2020 |  | 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 116 |  |  | $ | 94 |
Operating cash flows from finance leases | 16 |  |  | 3 |
Financing cash flows from finance leases | 161 |  |  | 17 |
Right-of-use assets obtained in exchange for lease liabilities: (1) |  |  |
Operating leases | $ | 2 |  |  | $ | 459 |
Finance leases | 331 |  |  | 288 |
(1)Amounts in 2019 include the right-of-use assets and lease liabilities obtained through the acquisition of First Data.
Schedule of components of lease income |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Sales-type leases: |  |  |  |  |  |  |
Selling profit (1) | $ | 8 |  |  | $ | 8 |  |  | $ | 34 |  |  | $ | 8 |
Interest income (1) | 20 |  |  | 15 |  |  | 57 |  |  | 15 |
Operating lease income (2) | 21 |  |  | 14 |  |  | 69 |  |  | 14 |
(1)Selling profit includes $26 million and $78 million recorded within product revenue with a corresponding charge of $18 million and $44 million recorded within cost of product in the consolidated statements of income for the three and nine months ended September 30, 2020, respectively. Selling profit includes $21 million recorded within product revenue with a corresponding charge of $13 million recorded within cost of product in the consolidated statements of income for the both the three and nine months ended September 30, 2019. Interest income is included within product revenue in the consolidated statements of income. (2)Operating lease income includes a nominal amount of variable lease income and is included within product revenue in the consolidated statements of income for the three and nine months ended September 30, 2020 and 2019.
Schedule of components of lease income |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Sales-type leases: |  |  |  |  |  |  |
Selling profit (1) | $ | 8 |  |  | $ | 8 |  |  | $ | 34 |  |  | $ | 8 |
Interest income (1) | 20 |  |  | 15 |  |  | 57 |  |  | 15 |
Operating lease income (2) | 21 |  |  | 14 |  |  | 69 |  |  | 14 |
(1)Selling profit includes $26 million and $78 million recorded within product revenue with a corresponding charge of $18 million and $44 million recorded within cost of product in the consolidated statements of income for the three and nine months ended September 30, 2020, respectively. Selling profit includes $21 million recorded within product revenue with a corresponding charge of $13 million recorded within cost of product in the consolidated statements of income for the both the three and nine months ended September 30, 2019. Interest income is included within product revenue in the consolidated statements of income. (2)Operating lease income includes a nominal amount of variable lease income and is included within product revenue in the consolidated statements of income for the three and nine months ended September 30, 2020 and 2019.

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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=121609121&loc=SL77918686-209980 + Details
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