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LEASES (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of right-of-use assets and right-of-use liabilities
Right-of-use assets and lease liabilities associated with the Company’s operating leases are included in the Consolidated Balance Sheets as of December 31, 2023 and 2022 as follows:
(in millions)20232022
Right-of-use assets included in:
Other non-current assets$185 $221 
Lease liabilities included in:
Accrued and other current liabilities$61 $50 
Other non-current liabilities148 184 
Total lease liabilities$209 $234 
Summary of lease expenses
Lease expense for the years 2023, 2022 and 2021 include:
(in millions)202320222021
Operating lease costs$65 $62 $67 
Variable operating lease costs$16 $15 $12 
Summary of other operating lease information
Other information related to operating leases for 2023, 2022 and 2021 is as follows:
(in millions)202320222021
Cash paid from operating cash flows for amounts included in the measurement of lease liabilities$73 $70 $76 
Right-of-use assets obtained in exchange for new operating lease liabilities$27 $28 $46 
Weighted-average remaining lease term5.5 years6.4 years7.2 years
Weighted-average discount rate7.1 %6.5 %6.1 %
Summary of operating lease future payments
As of December 31, 2023, future payments under noncancelable operating leases for each of the five succeeding years ending December 31 and thereafter are as follows:
(in millions)
2024$74 
202554 
202635 
202729 
202820 
Thereafter39 
Total251 
Less: Imputed interest42 
Present value of remaining lease payments209 
Less: Current portion61 
Non-current portion$148