Leases (Tables)

9 Months Ended

Sep. 30, 2019

The components of lease expense were as follows:



	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
	(In millions)
Operating lease expense	$	9	$	26

Finance lease expense:
Amortization of right-of-use (“ROU”) assets	$	4	$	12
Interest on lease liabilities	3		11
Total finance lease expense	$	7	$	23

Supplemental consolidated cash flow information related to leases follows:



	Nine Months Ended September 30, 2019
	(In millions)
Cash used in operating activities:
Operating leases	$	28
Finance leases	12
Cash used in financing activities:
Finance leases	4
ROU assets recognized in exchange for lease obligations:
Operating leases	95
Finance leases	245

Supplemental information related to leases, including location of amounts reported in the accompanying consolidated balance sheets, follows:



	September 30, 2019
	(In millions)
Operating leases:
ROU assets
Other assets	$	69
Lease liabilities
Accounts payable and accrued liabilities (current)	$	28
Other long-term liabilities (non-current)	49
Total operating lease liabilities	$	77
Finance leases:
ROU assets
Property, equipment, and capitalized software, net	$	233
Lease liabilities
Accounts payable and accrued liabilities (current)	$	8
Finance lease liabilities (non-current)	233
Total finance lease liabilities	$	241

Maturities of lease liabilities as of September 30, 2019, were as follows:



	Operating Leases			Finance Leases
	(In millions)
2019 (for the three months ended December 31, 2019)	$	9		$	6
2020	28			23
2021	18			23
2022	12			22
2023	10			21
Thereafter	8			311
Total lease payments	85			406
Less imputed interest	(8		)	(165		)
Totals	$	77		$	241

Maturities of lease liabilities as of September 30, 2019, were as follows:



	Operating Leases			Finance Leases
	(In millions)
2019 (for the three months ended December 31, 2019)	$	9		$	6
2020	28			23
2021	18			23
2022	12			22
2023	10			21
Thereafter	8			311
Total lease payments	85			406
Less imputed interest	(8		)	(165		)
Totals	$	77		$	241