v3.22.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense The components of lease expense were as follows:
Year Ended December 31,
(in millions)202120202019
Operating lease expense$5,921 $4,438 $2,558 
Financing lease expense:
Amortization of right-of-use assets738 681 523 
Interest on lease liabilities69 81 82 
Total financing lease expense807 762 605 
Variable lease expense429 328 243 
Total lease expense$7,157 $5,528 $3,406 
Schedule of Information Relating to Lease Term and Discount Rate Information relating to the lease term and discount rate is as follows:
Year Ended December 31,
202120202019
Weighted-Average Remaining Lease Term (Years)
Operating leases9106
Financing leases333
Weighted-Average Discount Rate
Operating leases3.6 %3.9 %4.8 %
Financing leases2.5 %3.3 %4.0 %
Maturity Schedule of Operating Lease Liabilities Maturities of lease liabilities as of December 31, 2021, were as follows:
(in millions)Operating LeasesFinance Leases
Twelve Months Ending December 31,
2022$3,868 $1,161 
20234,237 800 
20243,846 505 
20253,343 128 
20262,971 36 
Thereafter17,387 29 
Total lease payments35,652 2,659 
Less: imputed interest6,409 84 
Total$29,243 $2,575 
Maturity Schedule of Finance Lease Liabilities Maturities of lease liabilities as of December 31, 2021, were as follows:
(in millions)Operating LeasesFinance Leases
Twelve Months Ending December 31,
2022$3,868 $1,161 
20234,237 800 
20243,846 505 
20253,343 128 
20262,971 36 
Thereafter17,387 29 
Total lease payments35,652 2,659 
Less: imputed interest6,409 84 
Total$29,243 $2,575 
Schedule of Leased Wireless Devices The components of leased wireless devices under our Leasing Programs were as follows:
(in millions)Average Remaining Useful LifeDecember 31, 2021December 31, 2020
Leased wireless devices, gross
8 months
$3,832 $6,989 
Accumulated depreciation(2,373)(2,170)
Leased wireless devices, net$1,459 $4,819 
Schedule of Future Minimum Payments Expected to be Received Future minimum payments expected to be received over the lease term related to leased wireless devices, which exclude optional residual buy-out amounts at the end of the lease term, are summarized below:
(in millions)Expected Payments
Twelve Months Ending December 31,
2022$402 
202344 
Total$446