Leases (Tables)

3 Months Ended

Mar. 31, 2024

Supplemental balance sheet information related to our leases is as follows (dollars in millions):


Category	Classification	March 31, 2024		December 31, 2023
Assets
Operating	Operating lease assets	$	1,003	$	1,030
Financing	Other assets, net	210		210
Total leased assets		$	1,213	$	1,240
Liabilities
Current:
Operating	Operating lease liabilities	$	249	$	242
Financing	Other current liabilities	35		36
Non-current:
Operating	Non-current operating lease liabilities	1,055		1,089
Financing	Other liabilities	74		72
Total lease liabilities		$	1,413	$	1,439

Supplemental cash flow information and non-cash activity related to our operating and financing leases are as follows (dollars in millions):


	Three Months Ended March 31,
	2024		2023
Right-of-use assets obtained in exchange for new operating lease liabilities	$	27	$	40
Right-of-use assets obtained in exchange for new financing lease liabilities	16		8
Other non-cash increases (decreases) in operating lease right-of-use assets (1)	2		(53)
Other non-cash decrease in financing lease right-of-use assets (1)	(2)		—

________________________________________________________________________________________________________________________________________

(1)The non-cash activity in the right-of-use assets resulted from lease modifications/remeasurements and terminations