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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information
The following table presents the lease balances within the consolidated balance sheets and other supplemental information related to our leases as of:
(In millions)December 31, 2021December 31, 2020
Operating Leases:
Operating lease right-of-use assets, net$137 $117 
Accrued expenses, other22 22 
Other liabilities130 107 
Total operating lease liabilities$152 $129 
Weighted-average remaining lease term:
Operating leases9.2 years8.1 years
Weighted-average discount rate:
Operating leases3.3 %3.5 %
Operating Lease Maturities
The following table presents the maturities of our lease liabilities as of December 31, 2021:
(In millions)Operating Leases
2022$27 
202325 
202420 
202516 
202614 
Thereafter75 
Total minimum lease payments177 
Less: amount representing interest(25)
Present value of net minimum lease payments152 
Less: current portion of lease obligations(22)
Long-term lease obligations$130 
Additional Operating Leases Not Yet Commenced
As of December 31, 2021, we had additional operating leases that have not yet commenced which included the following:

DescriptionCommencingLease TermTotal Future Lease Payments
Office spaceMay 202220 years$72 
Total$72