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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Components of lease costs
The components of lease costs were as follows:
Year ended December 31,
 202320222021
 (in millions)
Operating lease cost$113 $103 $102 
Short-term lease cost30 48 25 
Variable lease cost4 6 7 
Total lease cost$147 $157 $134 
Supplemental cash flows related to leases
The following provides additional information relating to cash flow activities:
 Year ended December 31,
 202320222021
 (in millions)
Cash paid during the year for   
Interest—net of interest capitalized$145 $257 $176 
Income taxes—net of refunds373 1,776 430 
Supplemental disclosure of noncash investing and financing activities:
Change in capitalized expenditures in accounts payable and accrued expenses$15 $18 $(8)
Change in accrued share repurchases, including accrued excise taxes5 (1)(1)
Supplemental cash flow information related to leases was as follows:
Year ended December 31,
 202320222021
 (in millions)
Operating cash flows - cash paid for amounts included in the measurement of operating lease liabilities$107 $100 $97 
Right-of-use (ROU) assets obtained in exchange for operating lease obligations103 106 80 
Supplemental balance sheet related to leases
Supplemental balance sheet information related to leases was as follows:
December 31,
 20232022
 (in millions)
Operating lease ROU assets$259 $254 
Current operating lease liabilities$96 $93 
Operating lease liabilities168 167 
Total operating lease liabilities$264 $260 
December 31,
 20232022
Operating leases
Weighted-average remaining lease term5 years4 years
Weighted-average discount rate4.7 %3.9 %

As of December 31, 2023, we have entered into two additional leases that have not yet commenced, with future minimum lease payments totaling $26 million and each with a lease term of seven 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, 2023.
 Operating
lease payments
 (in millions)
2024$93 
202565 
202647 
202734 
202822 
Thereafter47 
Total lease payments308 
Less: imputed interest(44)
Present value of lease liabilities264 
Less: Current operating lease liabilities(96)
Operating lease liabilities$168