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Leasing (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease Expense and Operating Cash Flows

Lease expense and operating cash flows include:

 

 

 

2021

 

 

2020

 

Costs from operating leases

 

$

70

 

 

$

74

 

Variable lease payments

 

$

13

 

 

$

11

 

Short-term rental expense

 

$

3

 

 

$

3

 

Schedule of Weighted Average Lease Term and Weighted Average Discount Rate

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

 

December 31,

 

2021

 

 

2020

 

Weighted average lease term for operating leases (years)

 

4.9

 

 

4.4

 

Weighted average discount rate for operating leases

 

 

5.2

%

 

 

5.2

%

Schedule of Aggregate Right-of Use Assets and Related Lease Obligations

The following represents the aggregate right-of-use assets and related lease obligations recognized in the Consolidated Balance Sheet:

 

December 31,

 

2021

 

 

2020

 

Properties, plants, and equipment, net

 

$

97

 

 

$

137

 

Other current liabilities

 

 

35

 

 

 

60

 

Other noncurrent liabilities and deferred credits

 

 

64

 

 

 

82

 

Total operating lease liabilities

 

$

99

 

 

$

142

 

Schedule of Future Cash Flows Related to Operating Lease Obligations

The future cash flows related to the operating lease obligations as of December 31, 2021 were as follows:

 

Year Ending December 31,

 

 

 

 

2022

 

$

41

 

2023

 

 

27

 

2024

 

 

15

 

2025

 

 

10

 

2026

 

 

7

 

Thereafter

 

 

17

 

Total lease payments (undiscounted)

 

 

117

 

Less: discount to net present value

 

 

(18

)

Total

 

$

99