XML 54 R41.htm IDEA: XBRL DOCUMENT
v3.24.0.1

LEASES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
Summary of Supplemental Information Related to Operating Leases | The following table summarizes balance sheet and other information related to our operating leases:
|  |  |  | December 31,
(in millions, except weighted average amounts) |  | Classification |  | 2023 |  | 2022
Right-of-use assets, net |  | Other long-term assets |  | $ | 581 |  |  | $ | 505 |
Lease liabilities – current |  | Other current liabilities |  | $ | 125 |  |  | $ | 111 |
Lease liabilities – noncurrent |  | Other long-term obligations |  | $ | 546 |  |  | $ | 467 |
Weighted average remaining lease term |  |  |  | 7.5 years |  | 8.1 years
Weighted average discount rate |  |  |  | 3.22 | % |  | 2.80 | %
The following table summarizes other supplemental information related to our operating leases:
|  | Year Ended December 31,
(in millions) |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 88 |  |  | $ | 98 |
Right-of-use assets obtained in exchange for lease liabilities(1) |  | $ | 214 |  |  | $ | 97 |
_______________________________ (1) These represent noncash activities and were therefore not included on our Consolidated Statements of Cash Flows.
Summary of Operating Lease Aggregate Future Lease Payments | The following table summarizes a maturity analysis of our operating lease liabilities showing the aggregate lease payments as of December 31, 2023:
(in millions) |  | Amount
2024 |  | $ | 143 |
2025 |  | 123 |
2026 |  | 95 |
2027 |  | 76 |
2028 |  | 70 |
Thereafter |  | 257 |
Total undiscounted lease payments |  | 763 |
Less: imputed interest |  | 92 |
Total discounted lease payments |  | $ | 671 |

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 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
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration