Annual report pursuant to Section 13 and 15(d)

LEASES LEASES

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LEASES LEASES
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Leases of Lessee Disclosure [Text Block] LEASES
We have operating leases primarily for real estate, aircraft, vehicles, and manufacturing and other equipment.
Balance sheet information related to operating leases is as follows (in millions):
December 31, 2020 2019
Operating lease ROU assets1
$ 1,548  $ 1,372 
Current portion of operating lease liabilities2
$ 322  $ 281 
Noncurrent portion of operating lease liabilities3
1,300  1,111 
Total operating lease liabilities $ 1,622  $ 1,392 
1 Operating lease ROU assets are recorded in the line item other assets in our consolidated balance sheet.
2 The current portion of operating lease liabilities is recorded in the line item accounts payable and accrued expenses in our consolidated
balance sheet.
3 The noncurrent portion of operating lease liabilities is recorded in the line item other liabilities in our consolidated balance sheet.
We had operating lease costs of $353 million and $327 million for the years ended December 31, 2020 and 2019, respectively. During 2020 and 2019, cash paid for amounts included in the measurement of operating lease liabilities was $365 million and $339 million, respectively. Operating lease ROU assets obtained in exchange for operating lease obligations were $528 million and $308 million for the years ended December 31, 2020 and 2019, respectively.
Information associated with the measurement of our remaining operating lease obligations as of December 31, 2020 is as follows:
Weighted-average remaining lease term 9 years
Weighted-average discount rate 3  %
Our leases have remaining lease terms of 1 year to 44 years, inclusive of renewal or termination options that we are reasonably certain to exercise.
The following table summarizes the maturities of our operating lease liabilities as of December 31, 2020 (in millions):
2021 $ 340 
2022 299 
2023 252 
2024 207 
2025 170 
Thereafter 565 
Total operating lease payments 1,833 
Less: Imputed interest 211 
Total operating lease liabilities $ 1,622