Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

Leases

Our operating lease assets primarily represent manufacturing and research and development facilities, warehouses and offices. Total operating lease expense was $421 and $380 for the years ended December 31, 2022 and 2021, of which $75 and $73 was attributable to variable lease expenses.

For the years ended December 31, 2022 and 2021, cash payments against operating lease liabilities totaled $294 and $301 and non-cash transactions totaled $245 and $443 to recognize operating assets and liabilities for new leases.

Supplemental Consolidated Statement of Financial Position information related to leases consisted of the following at December 31:

	2022	2021
Operating leases:
Operating lease right-of-use assets	$1,451	$1,437
Current portion of lease liabilities	276	268
Non-current portion of lease liabilities	1,305	1,271
Total operating lease liabilities	$1,581	$1,539
Weighted average remaining lease term (years)	12	13
Weighted average discount rate	4.13%	3.82%

Maturities of operating lease liabilities for the next five years are as follows:

	Operating leases
2023	$316
2024	259
2025	224
2026	191
2027	151
Thereafter	1,039
Total lease payments	2,180
Less imputed interest	(599)
Total	$1,581

As of December 31, 2022, we have entered into leases that have not yet commenced of $420, primarily for a maintenance, repair and overhaul hangar that will support military aircraft programs. These leases will commence in 2023 with lease terms of 3 years to 25 years.