The Hartford has operating leases for real estate and equipment. The right-of-use asset as of December 31, 2020 and 2019 was $209 and $191, respectively, and is included in property and equipment, net, in the Consolidated Balance Sheet. The lease liability as of December 31, 2020 and 2019 was $221 and $201, respectively, and is included in other liabilities in the Consolidated Balance Sheet. Variable lease costs include changes in interest rates on variable rate leases primarily for automobiles.

Components of Lease Expense


	For the years ended December 31,
	2020		2019
Operating lease cost	$	52	$	49
Short-term lease cost	—		2
Variable lease cost	—		1
Sublease income	(5)		(5)
Total lease costs included in insurance operating costs and other expenses	$	47	$	47

The total rental expense recognized in accordance with prior lease guidance was $56 in 2018, which excludes sublease rental income of $4 in 2018.

Supplemental Operating Lease Information


	For the years ended December 31,
	2020			2019
Operating cash flows for operating leases (for the twelve months ended)	$	54		$	50
Right-of-use asset obtained in exchange for new operating lease liabilities	49			42
Weighted-average remaining lease term in years for operating leases	7 years			6 years
Weighted-average discount rate for operating leases	3.1		%	3.5		%

Maturities of Operating Lease Liabilities as of December 31, 2020


	Operating Leases
2021	$	47
2022	42
2023	39
2024	30
2025	22
Thereafter	63
Total lease payments	243
Less: Discount on lease payments to present value	22
Total lease liability	$	221