XML 37 R22.htm IDEA: XBRL DOCUMENT v3.22.4
Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessee, Operating Leases [Text Block]
15. LEASES
Total Lease Cost
Total lease cost is included in Product and Service costs in the consolidated statement of earnings and comprehensive income and is recorded net of immaterial sublease income. Total lease cost is comprised of the following:
Year Ended December 31
$ in millions202220212020
Operating lease cost$332 $315 $320 
Variable lease cost35 31 28 
Short-term lease cost51 80 93 
Total lease cost$418 $426 $441 
Supplemental Balance Sheet Information
Supplemental operating lease balance sheet information consists of the following:
Year Ended December 31
$ in millions20222021
Operating lease right-of-use assets$1,811 $1,655 
Other current liabilities299 284 
Operating lease liabilities1,824 1,590 
Total operating lease liabilities$2,123 $1,874 
Other Supplemental Information
Other supplemental operating lease information consists of the following:
Year Ended December 31
$ in millions20222021
Cash paid for amounts included in the measurement of operating lease liabilities$316 $306 
Right-of-use assets obtained in exchange for new lease liabilities438 394 
Weighted average remaining lease term11.2 years11.3 years
Weighted average discount rate3.4 %3.1 %
Maturities of Lease Liabilities
Maturities of operating lease liabilities as of December 31, 2022 are as follows:
$ in millions
Year Ending December 31
2023$351 
2024320 
2025279 
2026238 
2027188 
Thereafter1,263 
Total lease payments2,639 
Less: imputed interest(516)
Present value of operating lease liabilities$2,123 
As of December 31, 2022, we have approximately $82 million in rental commitments for real estate leases that have not yet commenced. These leases are expected to commence in 2023 and 2024 with lease terms of 4 to 12 years.