Leases (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents components of lease cost included in general and administration expense on the consolidated statements of income:

(1)	Amounts include short-term leases, which are immaterial for 2021, 2020 and 2019.

(2)	Amounts include operating lease payments, which may be adjusted based on usage, changes in an index or market rate, as well as common area maintenance charges and other variable costs not included in the measurement of ROU assets and operating lease liabilities.

Supplemental information related to operating leases is summarized below:

(in millions)	2021		2020		2019
Supplemental cash flow information:
Operating cash flows from operating leases included in the measurement of operating lease liabilities	$	75	$	154	$	142

Supplemental noncash information:
ROU assets in exchange for operating lease liabilities in connection with the adoption of ASU 2016-02, "Leases"	$	—	$	—	$	661
ROU assets in exchange for operating lease liabilities	$	1,165	$	93	$	117


	December 31, 2021			December 31, 2020
Lease term and discount rate:
Weighted-average remaining lease term		16	years		8	years
Weighted-average discount rate		3	%		3	%

(in millions)
Maturities of operating lease liabilities at December 31, 2021	Amount
2022	$	144
2023		157
2024		158
2025		139
2026		129
Thereafter		1,599
Total lease payments	$	2,326
Less: imputed interest		(454	)
Present value of lease liabilities	$	1,872