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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Lease Costs

Lease costs consisted of the following:

 

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in millions)

 

Operating lease costs

 

$

15

 

 

$

16

 

 

$

11

 

Variable lease costs

 

 

1

 

 

 

1

 

 

 

1

 

Short-term lease costs

 

 

3

 

 

 

3

 

 

 

5

 

Total lease costs

 

$

19

 

 

$

20

 

 

$

17

 

 

Summary of Future Lease Payments Under Non-Cancellable Leases

 

Future lease payments under non-cancellable leases were as follows:

 

 

 

As of December 31,

 

 

 

2021

 

 

 

(in millions)

 

2022

 

$

14

 

2023

 

 

12

 

2024

 

 

12

 

2025

 

 

10

 

2026

 

 

6

 

Thereafter

 

 

11

 

Total undiscounted lease payments

 

 

65

 

Less: imputed interest

 

 

(8

)

Operating lease liabilities

 

$

57

 

 

Summary of Operating Lease Liabilities and ROU Assets Included in Consolidated Balance Sheets

Operating lease liabilities and ROU assets included in our consolidated balance sheets were as follows:

 

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

 

 

(in millions)

 

Accrued and other current liabilities

 

$

11

 

 

$

13

 

Long-term operating lease liabilities

 

 

46

 

 

 

51

 

 

 

$

57

 

 

$

64

 

Operating lease right-of-use assets, net

 

$

55

 

 

$

61