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Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases is as follows:
(Millions of dollars)December 31, 2023December 31, 2022
Operating Leases
Operating lease right-of-use assets$759 $726 
Other current liabilities177 181 
Other long-term liabilities572 540 
Total operating lease liabilities749 721 
Finance Leases
Finance lease right-of-use assets179 146 
Other current liabilities50 42 
Other long-term liabilities143 114 
Total finance lease liabilities$193 $156 
Schedule of Supplemental Operating Lease Information
Supplemental operating lease information:
December 31, 2023December 31, 2022
Weighted average lease term (years)88
Weighted average discount rate4.19 %3.26 %
Schedule of Future Operating Lease Payments
Future operating and finance lease payments as of December 31, 2023 are as follows (millions of dollars):
PeriodOperating LeasesFinancing Leases
2024$209 $58 
2025157 50 
2026121 40 
202788 29 
202860 16 
Thereafter268 55 
Total future undiscounted lease payments903 248 
Less imputed interest(154)(55)
Total reported lease liability$749 $193 
Schedule of Future Financing Lease Payments
Future operating and finance lease payments as of December 31, 2023 are as follows (millions of dollars):
PeriodOperating LeasesFinancing Leases
2024$209 $58 
2025157 50 
2026121 40 
202788 29 
202860 16 
Thereafter268 55 
Total future undiscounted lease payments903 248 
Less imputed interest(154)(55)
Total reported lease liability$749 $193