Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Location and Amounts of Leases

The following table provides information on the location and amounts of our leases on our consolidated balance sheets as of March 31, 2023 and December 31, 2022:

(in millions)		March 31,		December 31,
Balance Sheet Location		2023		2022
Assets
Right of use assets	Lease right of use assets	$	422	$	423
Liabilities
Other current liabilities	Current lease liabilities	120		118
Lease liabilities — non-current	Non-current lease liabilities	566		577

Schedule of Components of Lease Expense and Supplemental Cash Flow Information

The components of lease expense for the three months ended March 31 are as follows: 

(in millions)	2023		2022
Operating lease cost	$	30	$	33
Sublease income	(4)		(1)
Total lease cost	$	26	$	32

Supplemental information related to leases for the three months ended March 31 are as follows:

(in millions)	2023		2022
Cash paid for amounts included in the measurement for operating lease liabilities
Operating cash flows for operating leases	$	39	$	38
Right of use assets obtained in exchange for lease obligations
Operating leases	—		—

Schedule of Lease Term and Discount Rate

Weighted-average remaining lease term and discount rate for our operating leases are as follows:

	March 31,		December 31,
	2023		2022
Weighted-average remaining lease term (years)	6.5		6.6
Weighted-average discount rate	3.19	%	3.17	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities for our operating leases are as follows:

(in millions)
2023 (Excluding the three months ended March 31, 2023)	$	106
2024	119
2025	104
2026	92
2027	85
2028 and beyond	265
Total undiscounted lease payments	$	771
Less: Imputed interest	85
Present value of lease liabilities	$	686