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Leases (Tables) | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Summary of Lease Assets and Liabilities | Lease assets and liabilities are summarized as follows:
|  | December 31. |  |  |  |
(in millions) |  | 2021 |  | 2020 |  |  | Classification |
Assets |  |  |  |  |  |  |  |  |  |
Operating lease assets |  | $ | 249 |  | $ | 266 |  |  | Operating lease assets |
Finance lease assets |  |  | 2 |  |  | 4 |  |  | Other assets |
Total lease assets |  | $ | 251 |  | $ | 270 |  |  |  |
Liabilities |  |  |  |  |  |  |  |  |  |
Operating lease liabilities |  | $ | 274 |  | $ | 296 |  |  | Operating lease liabilities |
Finance lease liabilities |  |  | 3 |  |  | 4 |  |  | Notes and contracts payable |
Total lease liabilities |  | $ | 277 |  | $ | 300 |  |  |  |
Summary of Components of Lease Expense | The components of lease expense are summarized as follows:
| Year ended December 31. |  |  |  |
(in millions) | 2021 |  | 2020 |  | 2019 |  |  | Classification |
Operating lease cost | $ | 86 |  | $ | 89 |  | $ | 88 |  |  | Other operating expenses |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of lease assets |  | 2 |  |  | 2 |  |  | 2 |  |  | Depreciation and amortization |
Variable lease cost |  | 31 |  |  | 32 |  |  | 31 |  |  | Other operating expenses |
Short-term lease cost |  | 2 |  |  | 1 |  |  | 1 |  |  | Other operating expenses |
Sublease income |  | (3 | ) |  | (3 | ) |  | (2 | ) |  | Information and other |
Net lease cost | $ | 118 |  | $ | 121 |  | $ | 120 |  |  |  |
Schedule of Future Minimum Lease Payments Under Operating and Finance Lease with Noncancelable Lease Terms | Future minimum lease payments under operating and finance leases with noncancelable lease terms, as of December 31, 2021, are summarized as follows:
(in millions) |  | Operating Leases |  |  |  | Finance Leases |  |  |  | Total |
2022 | $ | 88 |  |  | $ | 2 |  |  | $ | 90 |
2023 |  | 68 |  |  |  | 1 |  |  |  | 69 |
2024 |  | 52 |  |  |  | — |  |  |  | 52 |
2025 |  | 38 |  |  |  | — |  |  |  | 38 |
2026 |  | 25 |  |  |  | — |  |  |  | 25 |
Thereafter |  | 24 |  |  |  | — |  |  |  | 24 |
Total lease payments |  | 295 |  |  |  | 3 |  |  |  | 298 |
Interest |  | (21 | ) |  |  | — |  |  |  | (21 | )
Present value of lease liabilities | $ | 274 |  |  | $ | 3 |  |  | $ | 277 |
Schedule of Information Related to Lease Terms and Discount Rate | Information related to lease terms and discount rates is summarized as follows:
|  | December 31, |
|  | 2021 |  |  | 2020 |
Weighted-average remaining lease terms (years): |  |  |  |  |  |
Operating leases |  | 4 |  |  | 5 |
Finance leases |  | 2 |  |  | 3 |
Weighted-average discount rates: |  |  |  |  |  |
Operating leases |  | 3.40 | % |  | 3.80 | %
Finance leases |  | 3.96 | % |  | 4.03 | %
Schedule of Cash Flow Information Related to Lease Liabilities | Cash flow information related to lease liabilities is summarized as follows:
| Year ended December 31, |
(in millions) | 2021 |  |  | 2020 |  |  | 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |  |
Operating cash flows from operating leases | $ | 90 |  | $ | 93 |  | $ | 88 |
Financing cash flows from finance leases | $ | 2 |  | $ | 2 |  | $ | 2 |
Operating lease assets obtained in exchange for new operating lease liabilities | $ | 59 |  | $ | 54 |  | $ | 55 |
Finance lease assets obtained in exchange for new finance lease liabilities | $ | — |  | $ | 1 |  | $ | 1 |

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- Definition Tabular disclosure of operating and finance lease liability maturities. + References No definition available. + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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