The Hartford has operating leases for real estate and equipment. The right-of-use asset as of December 31, 2021 and 2020 was $167 and $209, respectively, and is included in property and equipment, net, in the Consolidated Balance Sheet. The lease liability as of December 31, 2021 and 2020 was $184 and $221, respectively, and is included in other liabilities in the Consolidated Balance Sheet. Variable lease costs include changes in interest rates on variable rate leases

primarily for automobiles. In 2021, variable lease costs of $4 were reported in restructuring and other costs for lease terminations under Hartford Next (see Note 23 - Restructuring and Other Costs for more information), and were excluded from components of lease expense.

Components of Lease Expense


	For the years ended December 31,
	2021		2020		2019
Operating lease cost	$	45	$	52	$	49
Short-term lease cost	—		—		2
Variable lease cost	2		—		1
Sublease income	(3)		(5)		(5)
Total lease costs included in insurance operating costs and other expenses	$	44	$	47	$	47

Supplemental Operating Lease Information


	For the years ended December 31,
	2021			2020			2019
Operating cash flows for operating leases (for the twelve months ended)	$	46		$	54		$	50
Right-of-use asset obtained in exchange for new operating lease liabilities	3			49			42
Weighted-average remaining lease term in years for operating leases	6 years			7 years			6 years
Weighted-average discount rate for operating leases	3.0		%	3.1		%	3.5		%

Maturities of Operating Lease Liabilities as of December 31, 2021


	Operating Leases
2022	$	42
2023	40
2024	31
2025	23
2026	18
Thereafter	46
Total lease payments	200
Less: Discount on lease payments to present value	16
Total lease liability	$	184