XML 117 R45.htm IDEA: XBRL DOCUMENT
v3.24.0.1

LEASES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
Schedule of Supplemental Information Related to Operating Leases | Supplemental information related to operating leases is as follows for the periods indicated:
| Year Ended December 31,
(Dollars in millions) | 2023 |  | 2022
Lease expense incurred: |  |  |
Operating lease cost | $ | 30 |  |  | $ | 28 |
| At December 31,
(Dollars in millions) | 2023 |  | 2022
Operating lease right of use assets (1) | $ | 123 |  |  | $ | 128 |
Operating lease liabilities (1) | 143 |  |  | 147 |
(1) Operating lease right of use assets and operating lease liabilities are included within other assets and other liabilities on the Company’s consolidated balance sheets, respectively.
| Year Ended December 31,
(Dollars in millions) | 2023 |  | 2022
Operating cash flows from operating leases | $ | (22) |  |  | $ | (20) |
| At December 31,
| 2023 |  | 2022
Weighted average remaining operating lease term | 9.8 years |  | 10.8 years
Weighted average discount rate on operating leases | 4.03 | % |  | 4.08 | %
Schedule of Maturities of Lease Liabilities | Maturities of the existing lease liabilities are expected to occur as follows:
(Dollars in millions) |
2024 | $ | 24 |
2025 | 21 |
2026 | 19 |
2027 | 17 |
2028 | 15 |
Thereafter | 83 |
Undiscounted lease payments | 178 |
Less: present value adjustment | 36 |
Total operating lease liability | $ | 143 |

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration