Leases

12 Months Ended

Dec. 31, 2022

NOTE 5 – Leases

We have operating leases for office space and data centers. Our leases have remaining lease terms of one year to 15 years, some of which include options to extend the leases for up to ten years, and some of which include options to terminate the leases within one year.

Operating lease costs were $99 million, $119 million and $159 million for the years ended December 31, 2022, 2021 and 2020, respectively.

Supplemental cash flow information related to leases were as follows:


	Year ended December 31,
	2022		2021		2020
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$	96	$	151	$	139
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	75		30		117

Supplemental consolidated balance sheet information related to leases were as follows:


	December 31, 2022			December 31, 2021
	(in millions)
Operating lease right-of-use assets	$	363		$	407

Current lease liabilities, included within Accrued expenses and other current liabilities	$	77		$	77
Long-term lease liabilities, included within Operating lease liabilities	312			360
Total operating lease liabilities	$	389		$	437

Weighted average remaining lease term	7.1 years			8.1 years
Weighted average discount rate	3.5		%	3.5		%

Maturities of lease liabilities are as follows:


	Operating Leases
	(in millions)
Year ending December 31,
2023	$	88
2024	67
2025	56
2026	51
2027	47
2028 and thereafter	134
Total lease payments	443
Less: imputed interest	(54)
Total	$	389