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Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Components of lease expense
The following table shows the components of lease cost included in the Consolidated Statement of Operations:
Year Ended December 31,20202019
(Dollars in millions)
Operating lease cost$184 $177 
Financing lease cost:
Amortization of ROU assets2 2 
Interest on lease liabilities1 1 
Variable lease cost11 8 
Total lease cost$198 $188 
Supplemental cash flow information related to leases The following table shows supplemental cash flow information related to lease activities:
Year Ended December 31,20202019
(Dollars in millions)
Cash paid for amounts included in the measurement of lease liabilities: 
Operating cash flows from operating leases$188 $172 
Operating cash flows from finance leases1 1 
ROU assets obtained in exchange for lease obligations:
Operating leases$157 $132 
Finance leases— 10 
Supplemental balance sheet information related to leases The following table shows the classification of TDS’ finance leases in its Consolidated Balance Sheet:
December 31,20202019
(Dollars in millions)
Finance Leases
Property, plant and equipment$20 $20 
Less: Accumulated depreciation and amortization7 5 
Property, plant and equipment, net$13 $15 
Current portion of long-term debt — 1 
Long-term debt, net$7 $7 
Total finance lease liabilities$7 $8 
Schedule of weighted average remaining lease term and weighted average discount rate related to leases The table below shows a weighted-average analysis for lease terms and discount rates for all leases:
December 31,20202019
Weighted Average Remaining Lease Term 
Operating leases12 years12 years
Finance leases25 years24 years
Weighted Average Discount Rate
Operating leases4.1 %4.4 %
Finance leases6.2 %6.3 %
Maturities of lease liabilities
The maturities of lease liabilities are as follows:
 Operating LeasesFinance Leases
(Dollars in millions)
2021$169 $— 
2022168 1 
2023151 1 
2024132 1 
2025100 — 
Thereafter708 15 
Total lease payments1
$1,428 $18 
Less: Imputed interest359 11 
Present value of lease liabilities$1,069 $7 
1    Lease payments exclude $54 million of legally binding lease payments for leases signed but not yet commenced.
Lease income
The following table shows the components of lease income which are included in Service revenues in the Consolidated Statement of Operations:
Year Ended December 31,20202019
(Dollars in millions)
Operating lease income1
$105 $100 
1During the third quarter of 2019, TDS recorded an out-of-period adjustment attributable to 2009 through the second quarter of 2019 due to errors in the timing of recognition of revenue for certain tower leases. This out-of-period adjustment had the impact of increasing operating lease income by $5 million for the year ended December 31, 2019. TDS determined that this adjustment was not material to any of the periods impacted.
Maturities of expected lease revenues The maturities of expected lease payments to be received are as follows:
 Operating Leases
(Dollars in millions)
2021$93 
202277 
202351 
202435 
202516 
Thereafter19 
Total future lease maturities$291