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LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Assets and Liabilities
Information related to operating leases is as follows (in millions of dollars):
As of December 31,
20222021
Right-of-use assets
Operating lease right-of-use$367 $393 
Operating lease liabilities
Operating lease liability68 66 
Long-term operating lease liability318 334 
Total operating lease liabilities$386 $400 
Schedule of Operating Lease Information
As of December 31,
20222021
Weighted average remaining lease term7 years7 years
Weighted average incremental borrowing rate1.46 %0.81 %
Cash paid for operating leases$76 $68 
Right-of-use assets obtained in exchange for operating lease obligations$96 $244 
Schedule of Maturities of Operating Lease Liabilities
Remaining maturity of existing lease liabilities as of December 31, 2022 are as follows (in millions of dollars):
YearOperating Leases
2023$77 
202468 
202562 
202650 
202740 
Thereafter108 
Total lease payments
405 
Less interest
(19)
Present value of lease liabilities
$386