XML 38 R23.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
Leases | Leases Our operating lease assets primarily represent manufacturing and research and development facilities, warehouses and offices. Total operating lease expense was $457 and $421 for the years ended December 31, 2023 and 2022, of which $76 and $75 was attributable to variable lease expenses. For the years ended December 31, 2023 and 2022, cash payments against operating lease liabilities totaled $323 and $294 and non-cash transactions totaled $488 and $245 to recognize operating assets and liabilities for new leases. Supplemental Consolidated Statement of Financial Position information related to leases consisted of the following at December 31:
| 2023 | 2022
Operating leases: |  |
Operating lease right-of-use assets | $1,690 | $1,451
Current portion of lease liabilities | 296 | 276
Non-current portion of lease liabilities | 1,518 | 1,305
Total operating lease liabilities | $1,814 | $1,581
Weighted average remaining lease term (years) | 11 | 12
Weighted average discount rate | 3.21% | 4.13%
Operating lease assets are included in Other assets, net, with the related liabilities included in Accrued liabilities and Other long-term liabilities. Maturities of operating lease liabilities for the next five years are as follows:
|  | Operating leases
2024 |  | $358 |
2025 |  | 317 |
2026 |  | 279 |
2027 |  | 230 |
2028 |  | 182 |
Thereafter |  | 1,032 |
Total lease payments |  | 2,398 |
Less imputed interest |  | (584) |
Total |  | $1,814 |
As of December 31, 2023, we have entered into leases that have not yet commenced of $430, primarily for a maintenance, repair and overhaul hangar that will support military aircraft programs. These leases will commence in 2024 with lease terms of 2 years to 27 years.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration