LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Information related to operating leases is as follows (in millions of dollars):



	As of March 31, 2019
ROU Assets
Other assets	$	188

Operating lease liabilities
Accrued expenses	56
Other non-current liabilities	139
Total operating lease liabilities	$	195



	Three Months Ended March 31, 2019
Weighted average remaining lease term	6 years
Weighted average incremental borrowing rate	2.5		%
Rent expense included in SG&A	$	19
Cash paid for operating leases	17
ROU assets obtained in exchange for operating lease obligations	12

Maturities of operating lease liabilities were as follows as of March 31, 2019 (in millions of dollars):



Year	Maturity of operating lease liabilities
2019 (excluding three months)	49
2020	51
2021	37
2022	27
2023	17
Thereafter	31
Total lease payments	212
Less interest	(17	)
Present value of lease liabilities	195