v3.20.4

Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Schedule of Lease Costs and Other Information

The components of operating lease expense were as follows

			2020						2019
Operating lease cost			65						59
Other information related to operating leases was as follows:
Supplemental cash flows information:
Operating cash flows from operating leases			63						53
Right-of-use assets obtained in exchange for lease obligations 1)			50						279
1) $188 million recorded on January 1, 2019 in accordance with the adoption of ASC 842.
Weighted average remaining lease term			6 years						6 years
Weighted average discount rate:			3		%				3		%

Schedule of Future Minimum Operating Lease Payments

Future minimum lease payments for operating leases as of December 31, 2020 were as follows:

			As of
			December 31, 2020
2021			64
2022			50
2023			44
2024			28
2025			23
Thereafter			47
Total future minimum lease payments			256
Less: imputed interest			(19)
Total			237

Schedule of Lease Liabilities

Lease liabilities related to operating leases are split between current and non-current:

			As of December 31,
			2020						2019
Other current liabilities			60						62
Other non-current liabilities			177						176
Total			237						238

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- Definition

Lessee, Operating and Finance Lease, Liability [Table Text Block]

+ References

No definition available.

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

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