Leases (Tables)

12 Months Ended

Dec. 31, 2023

The components of operating lease cost for the years ended December 31, 2023, 2022 and 2021 were as follows:


	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2023		2022		2021
	(U.S. $ in millions)		(U.S. $ in millions)		(U.S. $ in millions)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate	$	132	$	142	$	135
Variable lease payments not included in the lease liability		5		4		4
Short-term lease cost		3		2		2

	$	139	$	148	$	141

Supplemental cash flow information related to operating leases was as follows:


	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2023		2022		2021
	(U.S. $ in millions)		(U.S. $ in millions)		(U.S. $ in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	141	$	140	$	143
Right-of-use assets obtained in exchange for lease obligations (non-cash):
Operating leases	$	121	$	81	$	81

Supplemental balance sheet information related to operating leases was as follows:


	December 31,		December 31,
	2023		2022
	(U.S. $ in millions)		(U.S. $ in millions)
Operating leases:
Operating lease ROU assets	$	397	$	419

Other current liabilities		97		93
Operating lease liabilities		320		349

Total operating lease liabilities	$	417	$	442


	December 31,			December 31,
	2023			2022
Weighted average remaining lease term
Operating leases		6.1 years			6.8 years
Weighted average discount rate
Operating leases		6.0	%		5.6	%

Maturities of operating lease liabilities were as follows:


	December 31,
	2023
	(U.S. $ in millions)
2024	$	116
2025		98
2026		80
2027		62
2028 and thereafter		140

Total operating lease payments	$	496

Less: imputed interest		79

Present value of lease liabilities	$	417