Leases (Tables)
|
3 Months Ended |
Mar. 31, 2019 |
|---|
| Leases |
Ìý
|
| Schedule of cumulative effect of changes in consolidated financial statements |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Balance at December 31, 2018
|
Ìý
|
Adjustments due to ASC 842
|
Ìý
|
Balance at January 1, 2019
|
Ìý
|
|
Ìý
|
in millions
|
|
Assets
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Other current assets
|
$
|
360
|
Ìý
|
(2)
|
Ìý
|
358
|
Ìý
|
|
Property and equipment, at cost
|
$
|
3,765
|
Ìý
|
(371)
|
Ìý
|
3,394
|
Ìý
|
|
Accumulated depreciation
|
$
|
(1,296)
|
Ìý
|
15
|
Ìý
|
(1,281)
|
Ìý
|
|
Other assets
|
$
|
583
|
Ìý
|
396
|
Ìý
|
979
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Liabilities and Equity
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current portion of debt
|
$
|
17
|
Ìý
|
(4)
|
Ìý
|
13
|
Ìý
|
|
Other current liabilities
|
$
|
32
|
Ìý
|
36
|
Ìý
|
68
|
Ìý
|
|
Long-term debt
|
$
|
13,371
|
Ìý
|
(1)
|
Ìý
|
13,370
|
Ìý
|
|
Other long-term liabilities
|
$
|
864
|
Ìý
|
9
|
Ìý
|
873
|
Ìý
|
|
Retained earnings
|
$
|
13,644
|
Ìý
|
(2)
|
Ìý
|
13,642
|
Ìý
|
Ìý
|
| Summary of components of lease expense |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Three months endedÌý
|
Ìý
|
|
Ìý
|
MarchÌý31, 2019
|
Ìý
|
|
Ìý
|
in millions
|
Ìý
|
|
Finance lease cost
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation of leased assets
|
$
|
2
|
Ìý
|
|
Interest on lease liabilities
|
Ìý
|
1
|
Ìý
|
|
Total finance lease cost
|
Ìý
|
3
|
Ìý
|
|
Operating lease cost
|
Ìý
|
19
|
Ìý
|
|
Sublease income
|
Ìý
|
(1)
|
Ìý
|
|
Total lease cost
|
$
|
21
|
Ìý
|
Ìý
|
| Schedule of remaining weighted-average lease term and weighted-average discount rate |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Three months endedÌý
|
Ìý
|
|
Ìý
|
MarchÌý31, 2019
|
Ìý
|
|
Weighted-average remaining lease term (years):
|
Ìý
|
Ìý
|
Ìý
|
|
Finance leases
|
Ìý
|
29.8
|
Ìý
|
|
Operating leases
|
Ìý
|
10.2
|
Ìý
|
|
Weighted-average discount rate:
|
Ìý
|
Ìý
|
Ìý
|
|
Finance leases
|
Ìý
|
4.7%
|
Ìý
|
|
Operating leases
|
Ìý
|
5.2%
|
Ìý
|
Ìý
|
| Schedule of balance sheet and other information of our leases |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
MarchÌý31,
|
Ìý
|
|
Ìý
|
Ìý
|
2019
|
Ìý
|
|
Ìý
|
Ìý
|
in millions
|
Ìý
|
|
Operating leases:
|
Ìý
|
Ìý
|
Ìý
|
|
Operating lease right-of-use assets (1)
|
$
|
476
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current operating lease liabilities (2)
|
$
|
53
|
Ìý
|
|
Operating lease liabilities (3)
|
Ìý
|
439
|
Ìý
|
|
Total operating lease liabilities
|
$
|
492
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Finance Leases:
|
Ìý
|
Ìý
|
Ìý
|
|
Property and equipment, at cost
|
$
|
482
|
Ìý
|
|
Accumulated depreciation
|
Ìý
|
(73)
|
Ìý
|
|
Property and equipment, net
|
$
|
409
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current finance lease liabilities (2)
|
$
|
10
|
Ìý
|
|
Finance lease liabilities (3)
|
Ìý
|
119
|
Ìý
|
|
Total finance lease liabilities
|
$
|
129
|
Ìý
|
|
(1)
|
|
Included in Other assets in the condensed consolidated balance sheet
|
|
(2)
|
|
Included in Other current liabilities in the condensed consolidated balance sheet
|
Included in Other liabilities in the condensed consolidated balance sheet
|
| Schedule of cash flow information related to our leases |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Three months endedÌý
|
Ìý
|
|
Ìý
|
MarchÌý31, 2019
|
Ìý
|
|
Ìý
|
in millions
|
Ìý
|
|
Cash paid for amounts included in the measurement of lease liabilities:
|
Ìý
|
Ìý
|
Ìý
|
|
Operating cash flows from operating leases
|
$
|
20
|
Ìý
|
|
Financing cash flows from finance leases
|
$
|
4
|
Ìý
|
Ìý
|
| Summary of maturities of our operating leases |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Finance leases
|
Ìý
|
Operating leases
|
Ìý
|
|
Ìý
|
Ìý
|
in millions
|
Ìý
|
|
Remainder of 2019
|
$
|
9
|
Ìý
|
57
|
Ìý
|
|
2020
|
Ìý
|
11
|
Ìý
|
78
|
Ìý
|
|
2021
|
Ìý
|
10
|
Ìý
|
65
|
Ìý
|
|
2022
|
Ìý
|
9
|
Ìý
|
61
|
Ìý
|
|
2023
|
Ìý
|
9
|
Ìý
|
57
|
Ìý
|
|
Thereafter
|
Ìý
|
173
|
Ìý
|
319
|
Ìý
|
|
Total lease payments
|
Ìý
|
221
|
Ìý
|
637
|
Ìý
|
|
Less: implied interest
|
Ìý
|
92
|
Ìý
|
145
|
Ìý
|
|
Present value of lease liabilities
|
$
|
129
|
Ìý
|
492
|
Ìý
|
Ìý
|
| Summary of maturities of our finance leases |
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Finance leases
|
Ìý
|
Operating leases
|
Ìý
|
|
Ìý
|
Ìý
|
in millions
|
Ìý
|
|
Remainder of 2019
|
$
|
9
|
Ìý
|
57
|
Ìý
|
|
2020
|
Ìý
|
11
|
Ìý
|
78
|
Ìý
|
|
2021
|
Ìý
|
10
|
Ìý
|
65
|
Ìý
|
|
2022
|
Ìý
|
9
|
Ìý
|
61
|
Ìý
|
|
2023
|
Ìý
|
9
|
Ìý
|
57
|
Ìý
|
|
Thereafter
|
Ìý
|
173
|
Ìý
|
319
|
Ìý
|
|
Total lease payments
|
Ìý
|
221
|
Ìý
|
637
|
Ìý
|
|
Less: implied interest
|
Ìý
|
92
|
Ìý
|
145
|
Ìý
|
|
Present value of lease liabilities
|
$
|
129
|
Ìý
|
492
|
Ìý
|
Ìý
|