| Leases We have operating and finance leases for offices, terrestrial repeaters, data centers and certain equipment. Our leases have remaining lease terms of less than 1 year to 20 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We elected the practical expedient to account for the lease and non-lease components as a single component. Additionally, we elected the practical expedient to not recognize right-of-use assets or lease liabilities for short-term leases, which are those leases with a term of twelve months or less at the lease commencement date.
During the year ended December 31, 2021, we ceased using certain leased locations and recorded an impairment charge of $18 to write down the carrying value of the right-of-use assets for these locations to their estimated fair values. Refer to Note 5 for additional information.
The components of lease expense were as follows:
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For the Years Ended December 31, |
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2021 |
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2020 |
| Operating lease cost |
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$ |
76 |
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$ |
82 |
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| Finance lease cost |
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1 |
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1 |
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| Sublease income |
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(4) |
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(2) |
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| Total lease cost |
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$ |
73 |
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$ |
81 |
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Supplemental cash flow information related to leases was as follows:
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For the Years Ended December 31, |
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2021 |
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2020 |
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| Cash paid for amounts included in the measurement of lease liabilities: |
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| Operating cash flows from operating leases |
$ |
82 |
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$ |
79 |
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| Financing cash flows from finance leases |
$ |
1 |
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$ |
1 |
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| Right-of-use assets obtained in exchange for lease obligations: |
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| Operating leases |
$ |
3 |
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$ |
7 |
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Supplemental balance sheet information related to leases was as follows:
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December 31, 2021 |
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December 31, 2020 |
| Operating Leases |
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| Operating lease right-of-use assets |
$ |
358 |
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$ |
427 |
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| Operating lease current liabilities |
49 |
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48 |
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| Operating lease liabilities |
362 |
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419 |
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| Total operating lease liabilities |
$ |
411 |
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$ |
467 |
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December 31, 2021 |
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December 31, 2020 |
| Finance Leases |
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| Property and equipment, gross |
$ |
9 |
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$ |
8 |
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| Accumulated depreciation |
(8) |
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(7) |
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| Property and equipment, net |
$ |
1 |
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$ |
1 |
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| Current maturities of debt |
$ |
— |
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$ |
1 |
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| Long-term debt |
— |
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— |
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| Total finance lease liabilities |
$ |
— |
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$ |
1 |
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December 31, 2021 |
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December 31, 2020 |
| Weighted Average Remaining Lease Term |
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| Operating leases |
8 years |
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9 years |
| Finance leases |
0 years |
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1 year |
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December 31, 2021 |
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December 31, 2020 |
| Weighted Average Discount Rate |
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| Operating leases |
5.3 |
% |
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5.3 |
% |
| Finance leases |
— |
% |
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1.7 |
% |
Maturities of lease liabilities were as follows:
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Operating Leases |
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Finance Leases |
| Year ending December 31, |
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| 2022 |
$ |
69 |
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$ |
— |
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| 2023 |
71 |
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— |
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| 2024 |
61 |
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— |
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| 2025 |
60 |
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— |
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| 2026 |
58 |
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— |
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| Thereafter |
187 |
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— |
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| Total future minimum lease payments |
506 |
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— |
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| Less imputed interest |
(95) |
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— |
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| Total |
$ |
411 |
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$ |
— |
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