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Leases | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Leases | (11) Leases The Company has various operating leases for real estate and non-real estate items. The non-real estate leases are mainly comprised of automobiles but also include office equipment and other lower-valued items. Leases consist of the following:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Operating lease cost (1) |  | $ | 37 |  |  | $ | 31 |  |  | $ | 27 |
Finance lease cost |  |  | 9 |  |  |  | 9 |  |  |  | 3 |
Short-term lease |  |  | 8 |  |  |  | 12 |  |  |  | 10 |
Total lease cost |  | $ | 54 |  |  | $ | 52 |  |  | $ | 40 |
(1) Operating lease cost includes an immaterial amount of variable expenses, offset by certain sublease rental income. Supplemental cash flow information related to leases was as follows:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Cash paid for amounts included in measurement of liabilities: |  |  |  |  |  |  |  |  |
Operating cash flows used for operating leases(1) |  | $ | 33 |  |  | $ | 34 |  |  | $ | 28 |
Operating cash flows used for finance leases |  |  | 2 |  |  |  | 1 |  |  |  | — |
Financing cash flows used for finance leases |  |  | 15 |  |  |  | 4 |  |  |  | 2 |
ROU assets obtained in exchange for new lease liabilities: |  |  |  |  |  |  |  |  |
Operating leases |  |  | 26 |  |  |  | 25 |  |  |  | 7 |
Finance leases |  |  | 12 |  |  |  | 1 |  |  |  | 3 |
(1) Operating cash flows used for operating leases for the year ended December 31, 2023 and 2022 include an immaterial amount of tenant improvement allowance receipts. The weighted average remaining terms for all leases were as follows:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |
Weighted-average remaining lease term years-operating leases |  | 11.5 |  |  |  | 12.3 |
Weighted-average remaining lease term years-finance leases |  |  | 13.1 |  |  |  | 11.3 |
Weighted-average discount rate-operating leases |  |  | 3.7 | % |  |  | 3.3 | %
Weighted-average discount rate-finance leases |  |  | 5.2 | % |  |  | 5.2 | %
Future lease payments under non-cancelable leases as of December 31, 2024 are detailed as follows:
Year Ending December 31, |  | Operating Leases |  |  | Finance Leases |
2025 |  |  | 33 |  |  |  | 7 |
2026 |  |  | 30 |  |  |  | 5 |
2027 |  |  | 26 |  |  |  | 3 |
2028 |  |  | 19 |  |  |  | 2 |
2029 |  |  | 18 |  |  |  | 2 |
Thereafter |  |  | 133 |  |  |  | 19 |
Total lease payments |  |  | 259 |  |  |  | 38 |
Less: imputed interest |  |  | 46 |  |  |  | 9 |
Total lease liabilities |  | $ | 213 |  |  | $ | 29 |
Amounts presented above do not include payments relating to immaterial leases excluded from the consolidated balance sheets as well as leases with terms of less than twelve months.

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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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