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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of lease costs
The components of lease costs were as follows:
Year ended December 31,
 202220212020
 (in millions)
Operating lease cost$103 $102 $107 
Short-term lease cost48 25 17 
Variable lease cost
Total lease cost$157 $134 $130 
Supplemental cash flows related to leases
The following provides additional information relating to cash flow activities:
 Year ended December 31,
 202220212020
 (in millions)
Cash paid during the year for   
Interest—net of interest capitalized$257 $176 $184 
Income taxes—net of refunds1,776 430 111 
Supplemental disclosure of noncash investing and financing activities:
Change in capitalized expenditures in accounts payable and accrued expenses$18 $(8)$
Change in accrued share repurchases(1)(1)— 
Supplemental cash flow information related to leases was as follows:
Year ended December 31,
 202220212020
 (in millions)
Operating cash flows - cash paid for amounts included in the measurement of operating lease liabilities$100 $97 $105 
Right-of-use (ROU) assets obtained in exchange for operating lease obligations106 80 80 
Supplemental balance sheet related to leases
Supplemental balance sheet information related to leases was as follows:
December 31,
 20222021
 (in millions)
Operating lease ROU assets$254 $243 
Current operating lease liabilities$93 $89 
Operating lease liabilities167 162 
Total operating lease liabilities$260 $251 
December 31,
 20222021
Operating leases
Weighted-average remaining lease term4 years4 years
Weighted-average discount rate(1)
3.9 %3.8 %
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(1)Upon adoption of the new lease accounting standard, discount rates used for existing leases were established at January 1, 2019.
As of December 31, 2022, we have entered into two additional leases that have not yet commenced. These leases will commence in fiscal year 2023 with future minimum lease payments of $11 million and lease terms of three and five years.
Reconciliation of undiscounted cash flows
The following table reconciles the undiscounted cash flows for our operating leases to the operating lease liabilities recorded on our consolidated balance sheet as of December 31, 2022.
 Operating
lease payments
 (in millions)
2023$95 
202473 
202547 
202635 
202719 
Thereafter11 
Total lease payments280 
Less: imputed interest(20)
Present value of lease liabilities260 
Less: Current operating lease liabilities(93)
Operating lease liabilities$167