Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of Information Related to Operating Leases

The following table summarizes information related to our leases, all of which are classified as operating (in millions):

	As of December 31,
Location in Consolidated Balance Sheets	2023		2022
Assets:
Other noncurrent assets - right-of-use assets	$	92	$	100
Liabilities:
Other current liabilities - net current operating lease liabilities	$	11	$	3
Other noncurrent liabilities - noncurrent operating lease liabilities	$	110	$	117

Summary of Cash and Non-cash Information Related to Operating Leases

The following table summarizes our cash and non-cash information related to our operating leases (in millions):

	Year Ended December 31,
	2023		2022		2021
Cash paid for amounts included in measurement of lease liabilities	$	15	$	11	$	5
Cash received from tenant improvement allowances	$	9	$	8	$	3
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	3	$	95
Recognition of tenant improvement allowance receivable included in Other current liabilities	$	4	$	6	$	11

Summary of Future Minimum Lease Payments

The following table summarizes our future minimum lease payments at December 31, 2023 (in millions):

Year Ending December 31,	Operating Leases
2024	$	17
2025	17
2026	17
2027	18
2028	19
Thereafter	61
Total undiscounted future minimum lease payments	$	149
Less: Imputed interest	(28)
Total present value of lease liabilities	$	121