Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Elements of Lease Payments

The elements of lease expense were as follows:

	Years Ended December 31,
	2023		2022
Operating lease (1)	$	31	$	27
Finance lease costs		9		3
Short-term lease		12		10
Total lease cost	$	52	$	40

(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,
	2023		2022
Cash paid for amounts included in measurement of liabilities:
Operating cash flows used for operating leases(1)	$	34	$	28
Operating cash flows used for finance leases		1		—
Financing cash flows used for finance leases		4		2
ROU assets obtained in exchange for new lease liabilities
Operating leases		25		7
Finance leases		1		3

(1)Operating cash flows used for operating leases for the year ended December 31, 2023 and 2022 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,
	2023			2022
Weighted-average remaining lease term-operating leases	$	12.3		$	13.4
Weighted-average remaining lease term-finance leases		11.3			11.3
Weighted-average discount rate-operating leases		3.3	%		3.0	%
Weighted-average discount rate-finance leases		5.2	%		3.9	%

Future Lease Payment Under Non-Cancelable Lease

Future lease payments under non-cancelable leases as of December 31, 2023 are detailed as follows:

Year Ending December 31,	Operating Leases		Finance Leases
2024	$	32	$	6
2025		25		6
2026		21		6
2027		18		3
2028		14		3
Thereafter		135		21
Total lease payments		245		45
Less: imputed interest		44		11
Total lease liabilities	$	201	$	34