ÐÇ¿Õ´«Ã½

Annual report pursuant to Section 13 and 15(d)

LEASE OBLIGATIONS (Tables)

v3.20.4
LEASE OBLIGATIONS (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract] Ìý
Lease, Cost
Lease costs are presented below:
(In Millions)
Year Ended December 31,
2020 2019
Operating leases $ 43Ìý $ 4Ìý
Finance leases:
Amortization of lease cost 15Ìý 6Ìý
Interest on lease liabilities 4Ìý 2Ìý
Short-term leases 13Ìý 6Ìý
Total $ 75Ìý $ 18Ìý
Other information related to leases was as follows:
(In Millions)
Year Ended December 31,
2020 2019
Cash paid for amounts included in measurement of lease liabilities:
Operating leases within cash flows from operating activities $ 43Ìý $ 4Ìý
Finance leases within cash flows from operating activities $ 4Ìý $ 2Ìý
Finance leases within cash flows from financing activities $ 15Ìý $ 6Ìý
Right-of-use assets obtained in exchange for new finance lease liabilities1
$ 44Ìý $ 29Ìý
Weighted-average remaining lease term - operating leases (in years) 8 10
Weighted-average remaining lease term - finance leases (in years) 5 6
Weighted-average discount rate - operating leases 8Ìý % 8Ìý %
Weighted-average discount rate - finance leases 4Ìý % 5Ìý %
1 Right-of-use assets obtained in the Acquisitions are not included in this figure.
Lessee, Operating and Finance Lease, Liability, Maturity
Future minimum lease payments under noncancellable finance and operating leases as of DecemberÌý31, 2020 were as follows:
(In Millions)
Finance
Leases		 Operating Leases
2021 $ 100Ìý $ 70Ìý
2022 95Ìý 53Ìý
2023 78Ìý 46Ìý
2024 23Ìý 38Ìý
2025 22Ìý 34Ìý
Thereafter 76Ìý 122Ìý
Total future minimum lease payments 394Ìý 363Ìý
Less: imputed interest 59Ìý 99Ìý
Total lease payments 335Ìý 264Ìý
Less: current portion of lease liabilities 91Ìý 53Ìý
Long-term lease liabilities $ 244Ìý $ 211Ìý