The Hartford has operating leases for real estate and equipment. The right-of-use asset as of December 31, 2022 and 2021 was $135 and $167, respectively, and is included in property and equipment, net, in the Consolidated Balance Sheet. The lease liability as of December 31, 2022 and 2021 was $136 and $184, 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 2022 and 2021, variable lease costs of $6 and $4, respectively, were reported in restructuring and other costs for lease terminations under Hartford Next (see Note 22 - 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,
	2022		2021		2020
Operating lease cost	$	40	$	45	$	52

Variable lease cost	—		2		—
Sublease income	(4)		(3)		(5)
Total lease costs included in insurance operating costs and other expenses	$	36	$	44	$	47

Supplemental Operating Lease Information


	For the years ended December 31,
	2022			2021			2020
Operating cash flows for operating leases (for the twelve months ended)	$	56		$	46		$	54
Right-of-use asset obtained in exchange for new operating lease liabilities	6			3			49
Weighted-average remaining lease term in years for operating leases	6 years			6 years			7 years
Weighted-average discount rate for operating leases	3.0		%	3.0		%	3.1		%

Maturities of Operating Lease Liabilities as of December 31, 2022


	Operating Leases
2023	$	37
2024	29
2025	21
2026	16
2027	14
Thereafter	30
Total lease payments	147
Less: Discount on lease payments to present value	11
Total lease liability	$	136