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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Summary of Operating Leases | The following table summarizes information related to our leases, all of which are classified as operating, included in our Consolidated Balance Sheets (in millions):
|  | December 31,
Consolidated Balance Sheets locations |  | 2023 |  | 2022
Assets: |  |  |  |
Other noncurrent assets |  | $ | 651 |  |  | $ | 579 |
Liabilities: |  |  |  |
Accrued liabilities |  | $ | 119 |  |  | $ | 156 |
Other noncurrent liabilities |  | 691 |  |  | 539 |
Total lease liabilities |  | $ | 810 |  |  | $ | 695 |
The components of net lease costs were as follows (in millions):
|  | Years ended December 31,
Lease costs |  | 2023 |  | 2022 |  | 2021
Operating(1) |  | $ | 208 |  |  | $ | 218 |  |  | $ | 237 |
Sublease income |  | (28) |  |  | (32) |  |  | (38) |
Total net lease costs |  | $ | 180 |  |  | $ | 186 |  |  | $ | 199 |
____________ (1) Includes short-term leases and variable lease costs, which were not material for the years ended December 31, 2023, 2022 and 2021. The weighted-average remaining lease terms and weighted-average discount rates were as follows:
|  |  |  | December 31,
|  |  |  | 2023 |  | 2022
Weighted-average remaining lease term (in years) |  |  |  | 9.7 |  | 8.2
Weighted-average discount rate |  |  |  | 3.6 | % |  | 2.7 | %
Cash and noncash information related to our leases was as follows (in millions):
|  |  |  | Years ended December 31,
|  |  |  | 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows for operating leases |  |  |  | $ | 182 |  |  | $ | 171 |  |  | $ | 190 |
ROU assets obtained in exchange for lease obligations: |  |  |  |  |  |  |  |
Operating leases |  |  |  | $ | 245 |  |  | $ | 191 |  |  | $ | 340 |
Maturities of Lease Liabilities | Maturities of lease liabilities as of December 31, 2023, were as follows (in millions):
Maturity dates |  | Amounts |  |  |  |
2024 |  | $ | 138 |  |  |  |  |
2025 |  | 121 |  |  |  |  |
2026 |  | 109 |  |  |  |  |
2027 |  | 95 |  |  |  |  |
2028 |  | 74 |  |  |  |  |
Thereafter |  | 440 |  |  |  |  |
Total lease payments(1) |  | 977 |  |  |  |  |
Less imputed interest |  | (167) |  |  |  |  |
Present value of lease liabilities |  | $ | 810 |  |  |  |  |
____________ (1) Includes future rental commitments for abandoned leases of $67 million. We expect to receive total future rental income of $70 million related to noncancellable subleases for abandoned facilities.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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