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Leases | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Leases | LEASES Our operating leases consist primarily of properties and equipment for our administrative, manufacturing and R&D activities. Some of our leases include options to extend the terms for up to 15 years and some include options to terminate the lease within one year after the lease commencement date. As of December 31, 2021 and 2020, we did not have material finance leases. Operating lease expense, including variable costs and short-term leases, was $156 million, $171 million and $162 million in 2021, 2020 and 2019, respectively. The following table summarizes balance sheet and other information related to our operating leases:
|  |  |  | December 31,
(in millions, except weighted average amounts) |  | Classification |  | 2021 |  | 2020
Right-of-use assets, net |  | Other long-term assets |  | $ | 542 |  |  | $ | 646 |
Lease liabilities - current |  | Accrued and other current liabilities |  | $ | 101 |  |  | $ | 107 |
Lease liabilities - noncurrent |  | Other long-term obligations |  | $ | 489 |  |  | $ | 608 |
Weighted average remaining lease term |  |  |  | 8.5 years |  | 8.6 years
Weighted average discount rate |  |  |  | 3.00 | % |  | 3.32 | %
The following table summarizes other supplemental information related to our operating leases:
|  | Year Ended December 31,
(in millions) |  | 2021 |  | 2020
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 123 |  |  | $ | 66 |
Right-of-use assets obtained in exchange for lease liabilities |  | $ | 88 |  |  | $ | 88 |
The following table summarizes a maturity analysis of our operating lease liabilities showing the aggregate lease payments as of December 31, 2021:
(in millions) |  | Amount
2022 |  | $ | 117 |
2023 |  | 108 |
2024 |  | 92 |
2025 |  | 61 |
2026 |  | 50 |
Thereafter |  | 249 |
Total undiscounted lease payments |  | 677 |
Less: imputed interest |  | 87 |
Total discounted lease payments |  | $ | 590 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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