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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30, 2024 and December 31, 2023:
(in millions)June 30, December 31,
Balance Sheet Location20242023
Assets
Right of use assetsLease right of use assets$372 $379 
Liabilities
Other current liabilitiesCurrent lease liabilities 107 105 
Lease liabilities — non-currentNon-current lease liabilities515 541 
Schedule of Components of Lease Expense and Supplemental Cash Flow Information
The components of lease expense for the periods ended June 30 are as follows: 
(in millions)Three MonthsSix Months
2024202320242023
Operating lease cost$32 $36 $66 $66 
Sublease income(4)(5)(8)(9)
Total lease cost$28 $31 $58 $57 

Supplemental information related to leases for the periods ended June 30 are as follows:
(in millions)Three MonthsSix Months
2024202320242023
Cash paid for amounts included in the measurement for operating lease liabilities
Operating cash flows for operating leases$34 $38 $69 $77 
Right of use assets obtained in exchange for lease obligations
Operating leases31 — 42 — 
Schedule of Lease Term and Discount Rate
Weighted-average remaining lease term and discount rate for our operating leases are as follows:
June 30, December 31,
20242023
Weighted-average remaining lease term (years)5.86.0
Weighted-average discount rate 3.78 %3.46 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities for our operating leases are as follows:
(in millions)
2024 (Excluding the six months ended June 30, 2024)
$70 
2025123 
2026116 
2027108 
202887 
2029 and beyond233 
Total undiscounted lease payments $737 
Less: Imputed interest115 
Present value of lease liabilities$622