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LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule Of Lease By Asset Type
The Company's assets and liabilities for its lease agreements as of December 31, 2021 and 2020 were as follows:
LeasesBalance Sheet Classification20212020
Assets
OperatingOperating lease right-of-use assets$597 $604 
FinanceProperty, plant and equipment, net (a)29 22 
Total lease assets$626 $626 
Liabilities
Current:
OperatingCurrent portion of long-term operating lease liabilities$151 $141 
FinanceCurrent portion of long-term debt2 2 
Non-current:
OperatingLong-term operating lease liabilities494 499 
FinanceLong-term debt32 25 
Total lease liabilities$679 $667 

(a) Finance lease assets as of December 31, 2021 and 2020 were recorded net of accumulated amortization of $8 million and $14 million, respectively.
Lease, Cost Components of lease cost for the years ended December 31, 2021, 2020 and 2019 were as follows:
Lease cost202120202019
Operating lease cost (a)$321 $300 $294 
Finance lease cost:
Amortization of leased assets2 67 
Interest on lease liabilities2 33
Net lease cost$325 $309 $304 

(a) Includes short-term leases and variable lease costs (primarily usage-based maintenance fees and utilities related to real estate leases and certain equipment-related and vehicle-related costs) of $140 million, $120 million and $120 million for the years ended December 31, 2021, 2020 and 2019, respectively.
Operating Lease, Liability, Maturity The maturity of the Company's lease liabilities as of December 31, 2021 is as follows:
Maturity of lease liabilitiesOperating leasesFinance leasesTotal
2022$169 $4 $173 
2023153 4 157 
2024116 5 121 
202583 5 88 
202654 5 59 
Thereafter139 27 166 
Total lease payments714 50 764 
Less: Interest 69 16 85 
Present value of lease liabilities$645 $34 $679 
Finance Lease, Liability, Maturity The maturity of the Company's lease liabilities as of December 31, 2021 is as follows:
Maturity of lease liabilitiesOperating leasesFinance leasesTotal
2022$169 $4 $173 
2023153 4 157 
2024116 5 121 
202583 5 88 
202654 5 59 
Thereafter139 27 166 
Total lease payments714 50 764 
Less: Interest 69 16 85 
Present value of lease liabilities$645 $34 $679 
Schedule of Lease Term and Discount Rate Lease term and discount rate as of December 31, 2021 and 2020 were as follows:
Lease term and discount rate20212020
Weighted-average remaining lease term (years):
Operating leases66
Finance leases1113
Weighted-average discount rate:
Operating leases3.0 %3.2 %
Finance leases6.9 %8.1 %