XML 51 R33.htm IDEA: XBRL DOCUMENT

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Summary of components of lease expense


Lease Cost		Year Ended December 31,			Year Ended December 31,
(in millions)		2020			2019
Operating lease cost		$	58		$	55
Variable operating lease cost			29			24
Short term lease cost			4			3
Lease cost		$	91		$	82

Reconciliation of future undiscounted cash flows to the operating lease liabilities and the related ROU assets


Operating Leases		As of
(in millions)		December 31, 2020
2021		$	51
2022			43
2023			33
2024			23
2025			15
Thereafter			37
Total future lease payments			202
Less imputed interest			20
Present value of future lease payments			182
Less current lease liabilities			46
Non-current operating lease liabilities		$	136
Operating lease assets		$	173

Summary of other lease information


Other Information		Year Ended December 31,			Year Ended December 31,
($ in millions)		2020			2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	60		$	55
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases		$	76		$	212
		As of			As of
		December 31, 2020			December 31, 2019
Weighted average remaining lease term:
Operating leases			5.5 years			5.5 years
Weighted average discount rate:
Operating leases			4.9	%		5.7	%