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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Additional information regarding operating leases
Additional information regarding the Company’s operating leases is as follows:
December 31,
20232022
Operating lease costs$33 $34 
Sublease income (1)$(2)$(1)
Cash payments included in the measurement of lease liabilities reported in operating cash flows$31 $26 
Right-of-use assets obtained in exchange for new lease liabilities$28 $43 
Right-of-use assets (2)$125 $123 
Operating lease liability (2)$156 $152 
Weighted average discount rate4.7 %4.2 %
Weighted average remaining lease term7.2 years6.6 years
(1)    The sublease income primarily relates to office property in Raleigh, North Carolina.
(2)    The right-of-use assets are included in ‘other assets’ while the operating lease liability is included in ‘other liabilities.’
Contractual maturities of operating lease liabilities
The following table presents the contractual maturities of the Company's operating lease liabilities at December 31, 2023:
Years Ending December 31,
2024$32 
202527 
202626 
202722 
202819 
2029 and thereafter60 
Total undiscounted lease liability$186 
Less: present value adjustment(30)
Operating lease liability$156