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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Summary of the Components of Net Lease Cost and Supplemental Cash Flow Information | The following table is a summary of the components of net lease cost for the years ended December 31, 2023, 2022 and 2021:
In millions | 2023 |  | 2022 |  | 2021 |  |
Operating lease cost | $ | 2,532 |  |  | $ | 2,579 |  |  | $ | 2,633 |  |  |
Finance lease cost: |  |  |  |  |  |  |
Amortization of right-of-use assets | 84 |  |  | 79 |  |  | 62 |  |  |
Interest on lease liabilities | 73 |  |  | 68 |  |  | 62 |  |  |
Total finance lease costs | 157 |  |  | 147 |  |  | 124 |  |  |
Short-term lease costs | 22 |  |  | 27 |  |  | 25 |  |  |
Variable lease costs | 635 |  |  | 610 |  |  | 604 |  |  |
Less: sublease income | (63) |  |  | (61) |  |  | (59) |  |  |
Net lease cost | $ | 3,283 |  |  | $ | 3,302 |  |  | $ | 3,327 |  |  |
Supplemental cash flow information related to leases for the years ended December 31, 2023, 2022 and 2021 was as follows:
In millions | 2023 |  | 2022 |  | 2021 |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |
Operating cash flows paid for operating leases | $ | 2,756 |  |  | $ | 2,689 |  |  | $ | 2,714 |  |  |
Operating cash flows paid for interest portion of finance leases | 73 |  |  | 68 |  |  | 62 |  |  |
Financing cash flows paid for principal portion of finance leases | 70 |  |  | 62 |  |  | 50 |  |  |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |  |  |
Operating leases | 1,132 |  |  | 591 |  |  | 1,254 |  |  |
Finance leases | (4) |  |  | 232 |  |  | 278 |  |  |
Supplemental Balance Sheet Information | Supplemental balance sheet information related to leases as of December 31, 2023 and 2022 is as follows:
In millions, except remaining lease term and discount rate | 2023 |  | 2022
Operating leases: |  |  |
Operating lease right-of-use assets (1) | $ | 17,252 |  | $ | 17,928
Current portion of operating lease liabilities | $ | 1,741 |  | $ | 1,699
Long-term operating lease liabilities | 16,034 |  | 16,839
Total operating lease liabilities (2) | $ | 17,775 |  | $ | 18,538
Finance leases: |  |  |
Property and equipment, gross | $ | 1,604 |  | $ | 1,608
Accumulated depreciation | (375) |  | (284)
Property and equipment, net | $ | 1,229 |  | $ | 1,324
Current portion of long-term debt | $ | 66 |  | $ | 59
Long-term debt | 1,325 |  | 1,406
Total finance lease liabilities | $ | 1,391 |  | $ | 1,465
Weighted average remaining lease term (in years) |  |  |
Operating leases | 11.4 |  | 12.2
Finance leases | 17.3 |  | 19.4
Weighted average discount rate |  |  |
Operating leases | 4.5 | % |  | 4.4 | %
Finance leases | 5.0 | % |  | 4.9 | %
_____________________________________________ (1)Includes operating lease right-of-use assets of $56 million which were accounted for as assets held for sale and were included in assets held for sale on the consolidated balance sheet at December 31, 2022. See Note 2 ‘‘Acquisitions, Divestitures and Asset Sales’’ for additional information. (2)Includes current portion of operating lease liabilities of $21 million and long-term operating lease liabilities of $39 million which were accounted for as liabilities held for sale and were included in liabilities held for sale on the consolidated balance sheet at December 31, 2022. See Note 2 ‘‘Acquisitions, Divestitures and Asset Sales’’ for additional information.
Maturities of Operating Lease Liabilities | The following table summarizes the maturity of lease liabilities under finance and operating leases as of December 31, 2023:
In millions | Finance Leases |  | Operating Leases (1) |  | Total
2024 | $ | 143 |  |  | $ | 2,716 |  |  | $ | 2,859 |
2025 | 138 |  |  | 2,559 |  |  | 2,697 |
2026 | 130 |  |  | 2,369 |  |  | 2,499 |
2027 | 127 |  |  | 2,181 |  |  | 2,308 |
2028 | 124 |  |  | 2,024 |  |  | 2,148 |
Thereafter | 1,446 |  |  | 11,004 |  |  | 12,450 |
Total lease payments (2) | 2,108 |  |  | 22,853 |  |  | 24,961 |
Less: imputed interest | (717) |  |  | (5,078) |  |  | (5,795) |
Total lease liabilities | $ | 1,391 |  |  | $ | 17,775 |  |  | $ | 19,166 |
_____________________________________________ (1)Future operating lease payments have not been reduced by minimum sublease rentals of $289 million due in the future under noncancelable subleases. (2)The Company leases pharmacy and clinic space from Target Corporation. Amounts related to such finance and operating leases are reflected above. Pharmacy lease amounts due in excess of the remaining estimated economic life of the buildings of approximately $2.1 billion are not reflected in this table since the estimated economic life of the buildings is shorter than the contractual term of the pharmacy lease arrangement.
Maturities of Finance Lease Liabilities | The following table summarizes the maturity of lease liabilities under finance and operating leases as of December 31, 2023:
In millions | Finance Leases |  | Operating Leases (1) |  | Total
2024 | $ | 143 |  |  | $ | 2,716 |  |  | $ | 2,859 |
2025 | 138 |  |  | 2,559 |  |  | 2,697 |
2026 | 130 |  |  | 2,369 |  |  | 2,499 |
2027 | 127 |  |  | 2,181 |  |  | 2,308 |
2028 | 124 |  |  | 2,024 |  |  | 2,148 |
Thereafter | 1,446 |  |  | 11,004 |  |  | 12,450 |
Total lease payments (2) | 2,108 |  |  | 22,853 |  |  | 24,961 |
Less: imputed interest | (717) |  |  | (5,078) |  |  | (5,795) |
Total lease liabilities | $ | 1,391 |  |  | $ | 17,775 |  |  | $ | 19,166 |
_____________________________________________ (1)Future operating lease payments have not been reduced by minimum sublease rentals of $289 million due in the future under noncancelable subleases. (2)The Company leases pharmacy and clinic space from Target Corporation. Amounts related to such finance and operating leases are reflected above. Pharmacy lease amounts due in excess of the remaining estimated economic life of the buildings of approximately $2.1 billion are not reflected in this table since the estimated economic life of the buildings is shorter than the contractual term of the pharmacy lease arrangement.

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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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