Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Lease, Cost

The components of lease costs were as follows:

	Year Ended December 31,
	2021		2022		2023
	(in millions)
Operating lease costs	$	13	$	14	$	16
Short-term lease costs	—		—		1
Variable lease costs	1		1		2
Total lease costs	$	14	$	15	$	19

Schedule of Weighted Average Lease Term and Discount Rate

The weighted-average lease term and discount rate were as follows:

	Year Ended December 31,
	2021		2022		2023
Weighted-average remaining lease term (in years)	4.5		3.6		2.8
Weighted-average discount rate	3.87	%	3.83	%	4.19	%

Lessee, Operating Lease, Liability, to be Paid, Maturity

As of December 31, 2023, the future maturities of lease liabilities were as follows:

	Amount
Year ending December 31,	(in millions)
2024	$	15
2025	15
2026	12
2027	1
2028	—
Thereafter	—
Total undiscounted lease payments	43
Less: imputed interest	(3)
Present value of operating lease liabilities	40
Less: operating lease liabilities, current	(13)
Operating lease liabilities, noncurrent	$	27