XML 53 R35.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases and Commitments (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Operating Lease Cost
Lease Expense
Year Ended December 31
202320222021Income Statement Classification
Operating lease expense$147 $145 $157 Cost of products sold, Marketing, research and general expenses
Finance lease expense:
Amortization of lease assets16 15 13 Cost of products sold
Interest on lease liabilities2 1 2 Interest expense
Total finance lease expense18 16 15 
Variable lease expense(a)
253 242 219 Cost of products sold, Marketing, research and general expenses
Total lease expense$418 $403 $391 
(a)    Includes short-term leases, which are immaterial.
Operating Lease Assets and Liabilities
Lease Assets and Liabilities
December 31
20232022Balance Sheet Classification
Assets
Operating lease$450 $475 Other Assets
Finance lease79 71 Property, Plant and Equipment, Net
Total lease assets$529 $546 
Liabilities
Current:
Operating lease$130 $127 Accrued expenses and other current liabilities
Finance lease14 11 Debt payable within one year
Noncurrent:
Operating lease346 377 Other Liabilities
Finance lease57 49 Long-Term Debt
Total lease liabilities$547 $564 
Maturity of Operating Lease Liabilities
Maturity of Lease Liabilities
December 31, 2023
Operating LeasesFinance LeasesTotal
2024$145 $16 $161 
2025128 14 142 
2026110 11 121 
202764 9 73 
202827 7 34 
Thereafter45 25 70 
Total lease payments519 82 601 
Less imputed interest43 10 53 
Present value of lease liabilities$476 $72 $548 
Supplemental Information Related to Operating Leases
Supplemental Information Related to Leases
December 31
202320222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating leases$147 $148 $155 
Finance leases17 11 13 
Lease assets obtained in exchange for new lease obligations:
Operating leases66 57 34 
Finance leases24 6 56 
Other non-cash modifications to lease assets:
Operating leases39 72 61