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Interest Expense
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Interest Expense

Note 5. Interest Expense

Interest expense includes interest and the amortization of deferred financing fees and debt discounts, less amounts capitalized, as follows:

 

 

 

 

 

 

 

 

 

 

(In millions)

 

2022

 

 

2021

 

 

2020

 

Interest expense before capitalization

 

$

470

 

 

$

403

 

 

$

339

 

Capitalized interest

 

 

(19

)

 

 

(16

)

 

 

(15

)

 

 

$

451

 

 

$

387

 

 

$

324

 

 

Cash payments for interest, net of amounts capitalized, were $437 million, $316 million and $315 million in 2022, 2021 and 2020, respectively.