Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.1
Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
ROU Assets and Liabilities
The following table sets forth the ROU assets and lease liabilities ($ in millions):
  March 31, 2021 December 31, 2020
Assets
ROU assets (recorded within other long-term assets) $ 1,339  $ 1,311 
Liabilities
Short-term (recorded within accounts payable and accrued expenses) $ 204  $ 204 
Long-term (recorded within other long-term liabilities) 1,367  1,334 
Total lease liabilities $ 1,571  $ 1,538 
Maturity of Operating Lease Liabilities Lease payments over the next five years and thereafter are as follows ($ in millions):
  March 31, 2021
2021 $ 186 
2022 243 
2023 219 
2024 197 
2025 160 
2026 136 
Thereafter 692 
Total lease payments 1,833 
Less: imputed interest (262)
Total lease liabilities $ 1,571