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Operating Leases | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Operating Leases | Operating Leases The classification of the Company's operating lease ROU assets and liabilities in the consolidated balance sheets as of December 31, 2023 and 2022, is as follows (in millions):
|  |  |  | December 31,
|  | Classification |  | 2023 |  | 2022
Operating lease ROU assets |  | Other noncurrent assets |  | $ | 214 |  |  | $ | 251 |
Operating lease liabilities |  | Accounts payable, accrued and other liabilities |  | $ | 85 |  |  | $ | 99 |
|  | Other noncurrent liabilities |  | 178 |  |  | 219 |
Total operating lease liabilities |  |  |  | $ | 263 |  |  | $ | 318 |
Operating lease cost was $90 million, $157 million and $137 million, and variable lease cost was $27 million, $29 million and $33 million for the years ended December 31, 2023, 2022 and 2021, respectively. Operating lease cost for the year ended December 31, 2022, included $43 million, in ROU asset impairment charges. There were no significant ROU asset impairment losses recognized during the years ended December 31, 2023 and 2021. Cash paid for amounts included in the measurement of operating lease liabilities included in operating cash flows was $106 million, $124 million and $135 million for the years ended December 31, 2023, 2022 and 2021, respectively. Operating lease ROU assets obtained in exchange for operating lease liabilities was $47 million and $36 million for the years ended December 31, 2023 and 2022, respectively. The weighted average remaining operating lease term was 4.4 years and 4.7 years and the weighted average operating lease discount rate was 2.8% and 2.6% as of December 31, 2023 and 2022, respectively. Maturities of operating lease liabilities, as of December 31, 2023, are as follows (in millions):
2024 |  | $ | 92 |
2025 |  | 63 |
2026 |  | 49 |
2027 |  | 30 |
2028 |  | 23 |
Thereafter |  | 25 |
Total lease payments |  | 282 |
Less: Imputed interest |  | (19) |
Total operating lease liabilities |  | $ | 263 |

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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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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