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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Supplemental Balance Sheet Information Related To Leases
Supplemental balance sheet information related to leases was as follows:
December 31,
20222021
Operating Leases(In millions)
Operating lease right-of-use assets$656 $461 
Operating lease liabilities$656 $464 
Finance Leases
Property and equipment, at cost87 68 
Accumulated depreciation(31)(14)
Property and equipment, net$56 $54 
Loans payable and other financial liabilities$51 $46 
Summary Of Weighted Average Remaining Lease Term And Discount Rate
The following table summarizes the weighted average remaining lease term and the weighted average incremental borrowing rate for operating leases and the weighted average discount rate for finance leases as of December 31, 2022:
Weighted average remaining lease term
Operating leases8 Years
Finance leases3 Years
Weighted average discount rate (*)
Operating leases10 %
Finance leases16 %
(*)Includes discount rates of leases in local currency and U.S dollar.
Components Of Lease Expense
The components of lease expense were as follows:
Year Ended December 31,
202220212020
(In millions)
Operating lease cost$128 $80 $43 
Finance lease cost:
Depreciation of property and equipment18 9 2 
Interest on lease liabilities8 5 3 
Total finance lease cost $26 $14 $5 
Variable lease cost (*)$17 $13 $— 
(*) Variable lease payments are expensed as incurred and include charges such as flight hours above minimum, fuel, among others.
Supplemental Cash Flow Information Related To Leases
Supplemental cash flow information related to leases was as follows:
Year Ended December 31,
202220212020
Cash paid for amounts included in the measurement of lease liabilities:(In millions)
Operating cash flows from operating leases$117 $71 $40 
Financing cash flows from finance leases20 17 5 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$317 $229 $138 
Finance leases18 37 17 
Maturities Of Lease Liabilities
The following table summarizes the fixed, future minimum rental payments, excluding variable costs, which are discounted by the Company’s incremental borrowing rates to calculate the lease liabilities for the operating and finance leases:
Period Ending December 31, 2022Operating LeasesFinance Leases
(In millions)
One year or less$150 $22 
One year to two years137 21 
Two years to three years126 16 
Three years to four years102 5 
Four years to five years86 3 
Thereafter328 — 
Total lease payments$929 $67 
Less imputed interest(273)(16)
Total$656 $51