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Leases
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Leases
The Company has entered into non-cancelable operating and finance leases primarily for office space and equipment with lease terms that range from less than one year to 21 years.
The components of lease costs were as follows:
Year Ended December 31,
(in millions)202220212020
Finance Lease Costs:
Amortization of right of use assets$10 $10 $8 
Interest on lease liabilities1 1 1 
Total Finance Lease Costs$11 $11 $9 
Operating lease costs:
Base rent$79 $85 $95 
Short-term lease costs4 4 5 
Variable lease costs(1)
24 23 26 
Sublease income(1)(1)(3)
Total Operating Lease Costs$106 $111 $123 
__________
(1)Primarily related to taxes, insurance and common area and other maintenance costs for real estate leases.

Supplemental cash flow information related to leases was as follows:
Year Ended December 31,
(in millions)202220212020
Cash paid for the amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$93 $99 $117 
Operating cash flows from finance leases1 1 1 
Total Cash Flow from Operating Activities$94 $100 $118 
Financing cash flow from finance leases$10 $9 $11 
Supplemental non-cash information on right of use assets obtained in exchange for new lease obligations:
Operating leases$43 $68 $73 
Finance leases$14 $5 $14 
Supplemental balance sheet information related to leases was as follows:
December 31,
(in millions)20222021
Operating lease assets:
Operating lease right-of-use assets$197 $231 
Operating lease liabilities:
Other current liabilities$57 $71 
Operating lease liabilities160 184 
Total Operating Lease Liabilities$217 $255 
Finance lease assets:
Land, buildings and equipment, net$19 $17 
Finance lease liabilities:
Current portion of long-term debt$10 $8 
Long-term debt10 8 
Total Finance Lease Liabilities$20 $16 
The weighted average discount rates and weighted average remaining lease terms for operating and finance leases as of December 31, 2022 and 2021 were as follows:
December 31, 2022December 31, 2021
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted average discount rates6.3 %7.0 %5.8 %5.0 %
Weighted average remaining lease term (in years)4253
Maturities of operating and finance lease liabilities as of December 31, 2022 were as follows:
December 31, 2022
(in millions)Operating Lease PaymentsFinance Lease
Payments
2023$68 $11 
202456 6 
202546 2 
202635 1 
202725 1 
Thereafter20 — 
Total undiscounted lease payments250 21 
Less imputed interest33 1 
Present value of lease liabilities$217 $20 

As of December 31, 2022, the Company had entered into additional operating lease agreements for real estate and equipment totaling $4 million and an additional finance lease agreement for equipment of $5 million, which have not commenced and have not been recognized on the Company's Consolidated Balance Sheet. The leases are expected to commence in 2023 with average lease terms of 4 years and 5 years, respectively.
Leases Leases
The Company has entered into non-cancelable operating and finance leases primarily for office space and equipment with lease terms that range from less than one year to 21 years.
The components of lease costs were as follows:
Year Ended December 31,
(in millions)202220212020
Finance Lease Costs:
Amortization of right of use assets$10 $10 $8 
Interest on lease liabilities1 1 1 
Total Finance Lease Costs$11 $11 $9 
Operating lease costs:
Base rent$79 $85 $95 
Short-term lease costs4 4 5 
Variable lease costs(1)
24 23 26 
Sublease income(1)(1)(3)
Total Operating Lease Costs$106 $111 $123 
__________
(1)Primarily related to taxes, insurance and common area and other maintenance costs for real estate leases.

Supplemental cash flow information related to leases was as follows:
Year Ended December 31,
(in millions)202220212020
Cash paid for the amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$93 $99 $117 
Operating cash flows from finance leases1 1 1 
Total Cash Flow from Operating Activities$94 $100 $118 
Financing cash flow from finance leases$10 $9 $11 
Supplemental non-cash information on right of use assets obtained in exchange for new lease obligations:
Operating leases$43 $68 $73 
Finance leases$14 $5 $14 
Supplemental balance sheet information related to leases was as follows:
December 31,
(in millions)20222021
Operating lease assets:
Operating lease right-of-use assets$197 $231 
Operating lease liabilities:
Other current liabilities$57 $71 
Operating lease liabilities160 184 
Total Operating Lease Liabilities$217 $255 
Finance lease assets:
Land, buildings and equipment, net$19 $17 
Finance lease liabilities:
Current portion of long-term debt$10 $8 
Long-term debt10 8 
Total Finance Lease Liabilities$20 $16 
The weighted average discount rates and weighted average remaining lease terms for operating and finance leases as of December 31, 2022 and 2021 were as follows:
December 31, 2022December 31, 2021
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted average discount rates6.3 %7.0 %5.8 %5.0 %
Weighted average remaining lease term (in years)4253
Maturities of operating and finance lease liabilities as of December 31, 2022 were as follows:
December 31, 2022
(in millions)Operating Lease PaymentsFinance Lease
Payments
2023$68 $11 
202456 6 
202546 2 
202635 1 
202725 1 
Thereafter20 — 
Total undiscounted lease payments250 21 
Less imputed interest33 1 
Present value of lease liabilities$217 $20 

As of December 31, 2022, the Company had entered into additional operating lease agreements for real estate and equipment totaling $4 million and an additional finance lease agreement for equipment of $5 million, which have not commenced and have not been recognized on the Company's Consolidated Balance Sheet. The leases are expected to commence in 2023 with average lease terms of 4 years and 5 years, respectively.