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Leases (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Leases, Balance Sheet Location
The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in millions):
March 31,December 31,
Consolidated Balance Sheets Location20242023
Right-of-use assets—OperatingOperating lease assets$2,924 $2,641 
Right-of-use assets—FinancingProperty, plant and equipment, net of accumulated depreciation456 469 
Total right-of-use assets$3,380 $3,110 
Current operating lease liabilitiesCurrent operating lease liabilities$678 $655 
Current finance lease liabilitiesOther current liabilities39 35 
Non-current operating lease liabilitiesOperating lease liabilities2,247 1,971 
Non-current finance lease liabilitiesFinance lease liabilities458 467 
Total lease liabilities$3,422 $3,128 
Schedule of Lease Cost, Income Statement Location
The following table shows the classification and location of our lease costs on our Consolidated Statements of Operations (in millions):
Consolidated Statements of Operations Location
Three Months Ended March 31,
20242023
Operating lease cost (a)Operating costs and expenses (1)$201 $213 
Finance lease cost:
Amortization of right-of-use assetsDepreciation and amortization expense13 13 
Interest on lease liabilitiesInterest expense, net of capitalized interest9 9 
Total lease cost$223 $235 
(a) Included in operating lease cost:
Short-term lease costs$4 $23 
Variable lease costs1 12 
(1)Presented in the appropriate line item within operating costs and expenses, consistent with the nature of the asset under lease.
Schedule of Maturity of Lease Liabilities
Future annual minimum lease payments for operating and finance leases as of March 31, 2024 are as follows (in millions): 
Years Ending December 31,Operating LeasesFinance Leases
2024$624 $52 
2025671 72 
2026538 75 
2027441 77 
2028287 73 
Thereafter932 355 
Total lease payments (1)3,493 704 
Less: Interest(568)(207)
Present value of lease liabilities$2,925 $497 
(1)Does not include approximately $3.2 billion of legally binding minimum payments for leases executed as of March 31, 2024 that will commence in future periods, consisting entirely of vessel charters, with fixed minimum lease terms of up to 15 years.
Lease, Other Quantitative Information
The following table shows the weighted-average remaining lease term and the weighted-average discount rate for our operating leases and finance leases:
March 31, 2024December 31, 2023
Operating LeasesFinance LeasesOperating LeasesFinance Leases
Weighted-average remaining lease term (in years)6.39.56.39.7
Weighted-average discount rate (1)4.8%7.7%4.7%7.7%
(1)The weighted average discount rate is impacted by certain finance leases that commenced prior to the adoption of the current leasing standard under GAAP. In accordance with previous accounting guidance, the implied rate is based on the fair value of the underlying assets.

The following table includes other quantitative information for our operating and finance leases (in millions):
Three Months Ended March 31,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$181 $181 
Operating cash flows from finance leases8 8 
Financing cash flows from finance leases7 — 
Right-of-use assets obtained in exchange for operating lease liabilities446 90 
Schedule of Sublease Income The following table shows the sublease income recognized in other revenues on our Consolidated Statements of Operations (in millions):
Three Months Ended March 31,
20242023
Fixed income$98 $134 
Variable income7 23 
Total sublease income$105 $157 
Sublease Payment to be Received, Fiscal Year Maturity
Future annual minimum sublease payments to be received from LNG vessel subcharters as of March 31, 2024 are as follows (in millions): 
Years Ending December 31,Sublease Payments
2024$130 
202513 
Total sublease payments$143