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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Elements of Lease Payments

The elements of lease expense were as follows:

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

Operating lease(1)

 

$

27

 

 

$

28

 

Finance lease

 

 

3

 

 

 

 

Short-term lease

 

 

10

 

 

 

4

 

Total lease expense

 

$

13

 

 

$

32

 

 

(1)
Operating lease expense includes an immaterial amount of variable expenses, offset by certain sublease rental income.
Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

Years Ended December 31,

 

 

 

2022

 

2021

 

Cash paid for amounts included in measurement of liabilities:

 

 

 

 

 

Operating cash flows used for operating leases(1)

 

$

28

 

$

13

 

Financing cash flows used for finance leases

 

 

2

 

 

 

 

 

 

 

 

 

ROU assets obtained in exchange for new lease liabilities

 

 

 

 

 

Operating leases

 

 

7

 

 

24

 

Finance leases

 

 

3

 

 

 

 

(1)
Operating cash flows used for operating leases for the year ended December 31, 2022 and 2021 include an immaterial amount of tenant improvement allowance receipts.
Summary of Weighted Average Remaining Terms for All Leases

The weighted average remaining terms for all leases were as follows:

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

Weighted-average remaining lease term in years-operating leases

 

13.4

 

 

 

14.2

 

Weighted-average remaining lease term in years-finance leases

 

 

11.3

 

 

 

 

Weighted-average discount rate-operating leases

 

 

3.0

%

 

 

3.0

%

Weighted-average discount rate-finance leases

 

 

3.9

%

 

 

 

Future Lease Payment Under Non-Cancelable Lease

Future lease payments under non-cancelable leases as of December 31, 2022 are detailed as follows:

Year Ending December 31,

 

Operating Leases

 

 

Finance Leases

 

2023

 

$

26

 

 

$

7

 

2024

 

 

23

 

 

 

6

 

2025

 

 

20

 

 

 

6

 

2026

 

 

17

 

 

 

4

 

2027

 

 

15

 

 

 

4

 

Thereafter

 

 

150

 

 

 

21

 

Total lease payments

 

 

251

 

 

 

48

 

Less: imputed interest

 

 

47

 

 

 

11

 

Total lease liabilities

 

$

204

 

 

$

37