v3.22.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense and Supplemental Cash Flow Information
The components of our lease expense were as follows (in millions):
Year Ended December 31,
201920202021
Lease cost
Finance lease cost:
      Amortization of assets$150 $199 $217 
      Interest of lease liabilities15 16 12 
Operating lease cost (1)
321 482 299 
Short-term lease cost28 17 7 
Variable lease cost100 109 96 
Sublease income(2)(2)(5)
Total lease cost$612 $821 $626 
(1) We exited certain leased offices, primarily due to the City of San Francisco’s extended shelter-in-place orders and our restructuring activities, resulting in accelerated lease cost of $118 million for the year ended December 31, 2020.
Supplemental cash flow information related to leases was as follows (in millions):
Year Ended December 31,
201920202021
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from financing leases$12 $14 $11 
Operating cash flows from operating leases275 250 297 
Financing cash flows from financing leases138 224 226 
Right-of-use assets obtained in exchange for lease obligations:
Operating lease liabilities$918 $202 $273 
Finance lease liabilities251 196 184 
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):
As of December 31,
20202021
Operating Leases
Operating lease right-of-use assets$1,274 $1,388 
Operating lease liability, current$175 $185 
Operating lease liabilities, non-current1,544 1,644 
     Total operating lease liabilities$1,719 $1,829 
As of December 31,
20202021
Finance Leases
Property and equipment, at cost$596 $650 
Accumulated depreciation(303)(390)
     Property and equipment, net $293 $260 
Other current liabilities$177 $191 
Other long-term liabilities120 43 
     Total finance leases liabilities$297 $234 

As of December 31,
20202021
Weighted-average remaining lease term
     Operating leases16 years15 years
     Finance leases2 years2 years
Weighted-average discount rate
     Operating leases7.0 %6.7 %
     Finance leases5.4 %4.2 %
Maturity of Lease Liabilities, Operating
Maturities of lease liabilities were as follows (in millions):
As of December 31, 2021
Operating LeasesFinance Leases
2022$280 $140 
2023312 60 
2024264 34 
2025214 9 
2026198 — 
Thereafter2,067 1 
Total undiscounted lease payments3,335 244 
Less: imputed interest(1,506)(10)
Total lease liabilities$1,829 $234 
Maturity of Lease Liabilities, Finance
Maturities of lease liabilities were as follows (in millions):
As of December 31, 2021
Operating LeasesFinance Leases
2022$280 $140 
2023312 60 
2024264 34 
2025214 9 
2026198 — 
Thereafter2,067 1 
Total undiscounted lease payments3,335 244 
Less: imputed interest(1,506)(10)
Total lease liabilities$1,829 $234 
Future minimum payments related to the financing obligations as of December 31, 2021 are summarized below (in millions):
Future Minimum Payments
Fiscal Year Ending December 31,
2022$6 
20236 
20246 
20257 
20267 
Thereafter813 
Total$845