Leases

12 Months Ended

Dec. 31, 2023

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 millions	2023		2022		2021
Operating lease cost	$	358	$	332	$	315
Variable lease cost	48		35		31
Short-term lease cost	69		51		80
Total lease cost	$	475	$	418	$	426

Supplemental Balance Sheet Information

Supplemental operating lease balance sheet information consists of the following:

	Year Ended December 31
$ in millions	2023		2022
Operating lease right-of-use assets	$	1,818	$	1,811
Other current liabilities	300		299
Operating lease liabilities	1,892		1,824
Total operating lease liabilities	$	2,192	$	2,123

Other Supplemental Information

Other supplemental operating lease information consists of the following:

	Year Ended December 31
$ in millions	2023			2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	341		$	316
Right-of-use assets obtained in exchange for new lease liabilities	314			438
Weighted average remaining lease term	11.0 years			11.2 years
Weighted average discount rate	3.9		%	3.4		%

Maturities of Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2023 are as follows:

$ in millions
Year Ending December 31
2024	$	363
2025	354
2026	307
2027	252
2028	222
Thereafter	1,235
Total lease payments	2,733
Less: imputed interest	(541)
Present value of operating lease liabilities	$	2,192

As of December 31, 2023, we have approximately $270 million in rental commitments for real estate leases that have not yet commenced. These leases are expected to commence in 2024 and 2025 with lease terms of 5 to 20 years.