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Lease Commitments
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Commitments
Lease Commitments
The company enters into leasing arrangements as a lessee; any lessor arrangements are not significant. Operating lease arrangements mainly involve land, bareboat charters, terminals, drill ships, drilling rigs, time chartered vessels, office buildings and warehouses, and exploration and production equipment. Finance leases primarily include facilities, vessels and office buildings.
Details of the right-of-use assets and lease liabilities for operating and finance leases, including the balance sheet presentation, are as follows:
At December 31, 2022At December 31, 2021
Operating
Leases		Finance
Leases		Operating
Leases		Finance
Leases
Deferred charges and other assets$4,262 $— $3,668 $— 
Properties, plant and equipment, net— 392 — 429 
Right-of-use assets*$4,262 $392 $3,668 $429 
Accrued Liabilities$1,111 $— $995 $— 
Short-term Debt— 45 — 48 
Current lease liabilities1,111 45 995 48 
Deferred credits and other noncurrent obligations2,920 — 2,508 — 
Long-term Debt— 403 — 449 
Noncurrent lease liabilities2,920 403 2,508 449 
 Total lease liabilities
$4,031 $448 $3,503 $497 
Weighted-average remaining lease term (in years)7.011.97.813.2
Weighted-average discount rate1.9 %4.1 %2.2 %4.2 %
* Includes non-cash additions of $1,807 and $3 in 2022, and $1,063 and $60 in 2021 for right-of-use assets obtained in exchange for new and modified lease liabilities for operating and finance leases, respectively.

Total lease costs consist of both amounts recognized in the Consolidated Statement of Income during the period and amounts capitalized as part of the cost of another asset. Total lease costs incurred for operating and finance leases were as follows:
Year-ended December 31
202220212020
Operating lease costs*$2,359 $2,199 $2,551 
Finance lease costs 57 6645
Total lease costs
$2,416 $2,265 $2,596 
* Includes variable and short-term lease costs.
Cash paid for amounts included in the measurement of lease liabilities was as follows:
Year-ended December 31
202220212020
Operating cash flows from operating leases$1,892 $1,670 $1,744 
Investing cash flows from operating leases467 398 762 
Operating cash flows from finance leases18 21 14 
Financing cash flows from finance leases44 193 34 
At December 31, 2022, the estimated future undiscounted cash flows for operating and finance leases were as follows:
At December 31, 2022
Operating LeasesFinance
Leases
Year2023$1,171 $61 
2024902 61 
2025633 57 
2026391 54 
2027252 47 
Thereafter1,042 269 
Total$4,391 $549 
Less: Amounts representing interest360 101 
Total lease liabilities
$4,031 $448 
Additionally, the company has $1,570 in future undiscounted cash flows for operating leases not yet commenced. These leases are primarily for drill ships and drilling rigs. The company also has $327 in future undiscounted cash flows for a finance lease not yet commenced for production equipment. For those leasing arrangements where the underlying asset is not yet constructed, the lessor is primarily involved in the design and construction of the asset.
Lease Commitments
Lease Commitments
The company enters into leasing arrangements as a lessee; any lessor arrangements are not significant. Operating lease arrangements mainly involve land, bareboat charters, terminals, drill ships, drilling rigs, time chartered vessels, office buildings and warehouses, and exploration and production equipment. Finance leases primarily include facilities, vessels and office buildings.
Details of the right-of-use assets and lease liabilities for operating and finance leases, including the balance sheet presentation, are as follows:
At December 31, 2022At December 31, 2021
Operating
Leases		Finance
Leases		Operating
Leases		Finance
Leases
Deferred charges and other assets$4,262 $— $3,668 $— 
Properties, plant and equipment, net— 392 — 429 
Right-of-use assets*$4,262 $392 $3,668 $429 
Accrued Liabilities$1,111 $— $995 $— 
Short-term Debt— 45 — 48 
Current lease liabilities1,111 45 995 48 
Deferred credits and other noncurrent obligations2,920 — 2,508 — 
Long-term Debt— 403 — 449 
Noncurrent lease liabilities2,920 403 2,508 449 
 Total lease liabilities
$4,031 $448 $3,503 $497 
Weighted-average remaining lease term (in years)7.011.97.813.2
Weighted-average discount rate1.9 %4.1 %2.2 %4.2 %
* Includes non-cash additions of $1,807 and $3 in 2022, and $1,063 and $60 in 2021 for right-of-use assets obtained in exchange for new and modified lease liabilities for operating and finance leases, respectively.

Total lease costs consist of both amounts recognized in the Consolidated Statement of Income during the period and amounts capitalized as part of the cost of another asset. Total lease costs incurred for operating and finance leases were as follows:
Year-ended December 31
202220212020
Operating lease costs*$2,359 $2,199 $2,551 
Finance lease costs 57 6645
Total lease costs
$2,416 $2,265 $2,596 
* Includes variable and short-term lease costs.
Cash paid for amounts included in the measurement of lease liabilities was as follows:
Year-ended December 31
202220212020
Operating cash flows from operating leases$1,892 $1,670 $1,744 
Investing cash flows from operating leases467 398 762 
Operating cash flows from finance leases18 21 14 
Financing cash flows from finance leases44 193 34 
At December 31, 2022, the estimated future undiscounted cash flows for operating and finance leases were as follows:
At December 31, 2022
Operating LeasesFinance
Leases
Year2023$1,171 $61 
2024902 61 
2025633 57 
2026391 54 
2027252 47 
Thereafter1,042 269 
Total$4,391 $549 
Less: Amounts representing interest360 101 
Total lease liabilities
$4,031 $448 
Additionally, the company has $1,570 in future undiscounted cash flows for operating leases not yet commenced. These leases are primarily for drill ships and drilling rigs. The company also has $327 in future undiscounted cash flows for a finance lease not yet commenced for production equipment. For those leasing arrangements where the underlying asset is not yet constructed, the lessor is primarily involved in the design and construction of the asset.