Annual report pursuant to Section 13 and 15(d)

LEASES LEASES (Tables)

v3.20.4
LEASES LEASES (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lessee Operating Lease Balance Sheet Information [Table Text Block]
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.
Lessee Operating Lease Weighted Average Remaining Lease Term and Discount Rate [Table Text Block]
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  %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
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