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Leases (Tables)

12 Months Ended

Dec. 31, 2023

The components of lease expense for the years ended December 31, 2023, 2022 and 2021 were as follows:


	2023		2022		2021
Operating lease costs:
Operating lease cost	$	54	$	58	$	48

Short-term lease cost	2		2		3
Total operating lease costs	$	56	$	60	$	51

Finance lease cost:
Amortization of right-of-use assets	$	1	$	1	$	1

Total finance lease costs	$	1	$	1	$	1

Supplemental cash flow information related to leases was as follows:


	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	54	$	53	$	51

Financing cash flows from finance leases	2		1		2
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	36	$	87	$	73

Supplemental balance sheet information related to finance leases was as follows:


	2023		2022







Finance leases:
Property, plant and equipment	$	21	$	26
Accumulated depreciation	(3)		(3)
Property, plant and equipment, net	$	18	$	23

Accrued liabilities	$	1	$	2
Other non-current liabilities	5		5
Total finance lease liabilities	$	6	$	7

The weighted average remaining lease term and weighted average discount rates for each year were as follows:


	2023		2022
Weighted average remaining lease term (years):
Operating leases	9.5		10.3
Finance leases	4.1		5.2
Weighted average discount rate:
Operating leases	4.5	%	4.2	%
Finance leases	3.5	%	2.9	%

Maturities of lease liabilities as of December 31, 2023 were as follows:

Maturities of lease liabilities as of December 31, 2023 were as follows: