XML 54 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Components of Lease Cost
Components of lease costs for the years ended the December 31, 2023, 2022, and 2021, are as follows (in millions):
Year Ended December 31,
202320222021
Operating lease cost$11 $11 $12 
Variable lease cost1 — 1 
Short-term lease cost1 1 — 
Sublease income(2)(1)(1)
Net lease cost$11 $11 $12 
The following table present supplemental lease information (in millions):
December 31,202320222021
Cash paid for amounts included in the measurement of operating lease liabilities$(14)$(11)$(10)
Right-of-use assets obtained in exchange for new or acquired lease liabilities$1 $5 $— 
Summary of Supplemental Balance Sheet Information
The weighted average lease term and the weighted average discount rate are as follows:
December 31,20232022
Weighted average remaining lease term for operating leases (in years)5.86.6
Weighted average discount rate for operating leases11.8 %9.9 %
Summary of Maturity of Operating Lease Liabilities
Maturity of operating lease liabilities as of December 31, 2023 are as follows (in millions):
2024$8 
20255 
20264 
20274 
20285 
Thereafter8 
Total undiscounted future cash flows$34 
Less: Imputed interest10 
Total lease liabilities$24