Schlumberger’s leasing activities primarily consist of operating leases for administrative offices, manufacturing facilities, research centers, service centers, sales offices and certain equipment. Total operating lease expense, which approximates cash paid and includes short-term leases, was $1.2 billion in 2021, $1.4 billion in 2020 and $1.7 billion in 2019.

Maturities of operating lease liabilities as of December 31, 2021 were as follows:

(Stated in millions)

2022	$	191
2023		159
2024		128
2025		99
2026		73
Thereafter		286
Total lease payments	$	936
Less: Interest		(122	)
	$	814
Amounts recognized in balance sheet
Accounts payable and accrued liabilities	$	186
Other Liabilities		628
	$	814

Operating lease assets of $0.6 billion and $0.7 billion as of December 31, 2021 and 2020, respectively, were included in Other Assets in the Consolidated Balance Sheet. Operating lease liabilities as of December 31, 2020 were $1.0 billion, of which $0.2 billion was classified in Accounts payable and accrued liabilities and $0.8 billion was classified in Other Liabilities in the Consolidated Balance Sheet.

The weighted-average remaining lease term as of December 31, 2021 was 10 years. The weighted-average discount rate used to determine the operating lease liability as of December 31, 2021 was 3.1%.