v3.22.4

Leases | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases | LEASES Our leasing activities primarily consist of operating leases for administrative offices, manufacturing facilities, research centers, service centers, sales offices and certain equipment. The following table presents operating lease expense:
Operating Lease Expense | 2022 | 2021 | 2020
Long-term fixed lease | $ | 254 |  | $ | 255 |  | $ | 288 |
Long-term variable lease | 48 |  | 32 |  | 25 |
Short-term lease (1) | 477 |  | 440 |  | 477 |
Total operating lease expense | $ | 779 |  | $ | 727 |  | $ | 790 |
(1)Leases with a term of one year or less, including leases with a term of one month or less. Cash flows used in operating activities for operating leases approximates our expense for the years ended December 31, 2022, 2021 and 2020. As of December 31, 2022, maturities of our operating lease liabilities are as follows:
Year | Operating Leases |
2023 | $ | 214 |  |
2024 | 175 |  |
2025 | 119 |  |
2026 | 91 |  |
2027 | 58 |  |
Thereafter | 203 |  |
Total lease payments | 860 |  |
Less: imputed interest | 119 |  |
Total | $ | 741 |  |
Amounts recognized in the consolidated statements of financial position for operating leases are as follows:
| 2022 | 2021
All other current liabilities | $ | 189 |  | $ | 196 |
All other liabilities | 552 |  | 624 |
Total | $ | 741 |  | $ | 820 |
Right-of-use assets of $757 million and $822 million as of December 31, 2022 and 2021, respectively, were included in "All other assets" in our consolidated statements of financial position. The weighted-average remaining lease term for our operating leases was approximately seven years and nine years for the years ended December 31, 2022 and 2021, respectively. The weighted-average discount rate used to determine the operating lease liability as of December 31, 2022 and 2021 was 3.1% and 3.3%, respectively.

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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 https://asc.fasb.org/subtopic&trid=77888251 + Details
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