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LEASES
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases LEASES

The net present value of finance and operating lease right-of-use assets and liabilities were as follows:
Year Ended December 31,
(in millions, except percentages) Location in the Consolidated Balance Sheets 2021 2020
Assets
Finance leases Property, plant, and equipment, net $ 2  $ 1 
Operating leases Operating lease right-of-use assets, net 198  176 
Total right-of-use assets $ 200  $ 177 
Liabilities
Current liabilities
Finance leases Notes payable and current portion of long-term debt $ 1  $ — 
Operating leases Accrued liabilities 50  48 
Noncurrent liabilities
Finance leases Long-term debt 1  1 
Operating leases Operating lease liabilities 149  130 
Total lease liabilities $ 201  $ 179 
Supplemental information:
Weighted-average discount rate
Finance leases 3.2  % 3.7  %
Operating leases 3.3  % 3.0  %
Weighted-average remaining lease term in years
Finance leases 4.3 6.5
Operating leases 5.3 5.2

The lease cost recognized in the Consolidated Statements of Operations for the year ended December 31, 2021 and 2020 were as follows:
(in millions) 2021 2020
Operating lease cost $ 67  $ 57 
Short-term lease cost 1  1 
Variable lease cost 10  9 
Total lease cost $ 78  $ 67 


The contractual maturity dates of the remaining lease liabilities for the year ended December 31, 2021 were as follows:
(in millions) Finance Leases Operating Leases Total
2022 $ 1  $ 58  $ 59 
2023 1  46  47 
2024 —  36  36 
2025 —  24  24 
2026 —  18  18 
2027 and beyond —  38  38 
Total lease payments $ 2  $ 220  $ 222 
Less imputed interest —  21  21 
Present value of lease liabilities $ 2  $ 199  $ 201 





The supplemental cash flow information for the year ended December 31, 2021 and 2020 were as follows:
(in millions) 2021 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases $ 65  $ 56 
Right-of-use assets obtained in exchange for new lease liabilities:
Finance leases $ 1  $ — 
Operating leases 79  43 
Leases LEASES

The net present value of finance and operating lease right-of-use assets and liabilities were as follows:
Year Ended December 31,
(in millions, except percentages) Location in the Consolidated Balance Sheets 2021 2020
Assets
Finance leases Property, plant, and equipment, net $ 2  $ 1 
Operating leases Operating lease right-of-use assets, net 198  176 
Total right-of-use assets $ 200  $ 177 
Liabilities
Current liabilities
Finance leases Notes payable and current portion of long-term debt $ 1  $ — 
Operating leases Accrued liabilities 50  48 
Noncurrent liabilities
Finance leases Long-term debt 1  1 
Operating leases Operating lease liabilities 149  130 
Total lease liabilities $ 201  $ 179 
Supplemental information:
Weighted-average discount rate
Finance leases 3.2  % 3.7  %
Operating leases 3.3  % 3.0  %
Weighted-average remaining lease term in years
Finance leases 4.3 6.5
Operating leases 5.3 5.2

The lease cost recognized in the Consolidated Statements of Operations for the year ended December 31, 2021 and 2020 were as follows:
(in millions) 2021 2020
Operating lease cost $ 67  $ 57 
Short-term lease cost 1  1 
Variable lease cost 10  9 
Total lease cost $ 78  $ 67 


The contractual maturity dates of the remaining lease liabilities for the year ended December 31, 2021 were as follows:
(in millions) Finance Leases Operating Leases Total
2022 $ 1  $ 58  $ 59 
2023 1  46  47 
2024 —  36  36 
2025 —  24  24 
2026 —  18  18 
2027 and beyond —  38  38 
Total lease payments $ 2  $ 220  $ 222 
Less imputed interest —  21  21 
Present value of lease liabilities $ 2  $ 199  $ 201 





The supplemental cash flow information for the year ended December 31, 2021 and 2020 were as follows:
(in millions) 2021 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases $ 65  $ 56 
Right-of-use assets obtained in exchange for new lease liabilities:
Finance leases $ 1  $ — 
Operating leases 79  43