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Leases
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The following table summarizes our cash and non-cash information related to our operating leases (in millions):
Six Months Ended June 30,
20242023
Cash paid for amounts included in measurement of lease liabilities$$
Cash received from tenant improvement allowances$— $
Recognition of tenant improvement allowance receivable included in Other current liabilities$— $
In the first quarter of 2024, we evaluated our plans for a portion of our office space that we expected to sublease, and identified indicators of impairment to certain right-of-use assets associated with the leased space where the asset value was determined to be non-recoverable based upon a discounted cash flow analysis, resulting in an impairment charge of $20 million for the three months ended March 31, 2024 and the six months ended June 30, 2024. In the second quarter of 2024, we entered into a sublease for a portion of our office space which is expected to commence in 2025, and extends through 2031.
As of June 30, 2024 and December 31, 2023, we have provided deposits for letters of credit totaling $3 million to secure our obligations under our leases, which are included in Other noncurrent assets on the Condensed Consolidated Balance Sheets.