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Leases
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases Leases
The Company leases certain office, factory and warehouse space, land and other equipment under various operating leases.
Components of Lease Expense
(in millions)December 31, 2023December 31, 2022December 31, 2021
Lease expense:
Operating lease cost$140 $130 $133 
Short-term lease cost$1 $1 $2 
Variable cost36 33 36 
Sublease income(5)(5)(7)
Net lease expense from operating leases
$172 $159 $164 
Operating Lease Assets and Liabilities
(in millions)Statement Line ClassificationDecember 31, 2023December 31, 2022
Right-of-use lease assetsOperating lease assets$495 $485 
Current lease liabilitiesAccrued liabilities$125 $118 
Non-current lease liabilitiesOperating lease liabilities$407 $419 
Other Information Related to Leases
(in millions)December 31, 2023December 31, 2022December 31, 2021
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$147 $145 $145 
Right-of-use assets obtained in exchange for lease liabilities
$98 $221 $40 
Assets obtained in exchange for lease liabilities during the year ended December 31, 2023 included $66 million of additional leases due to renewals of three large managed services contracts due to an assumption that it is reasonably certain that renewal options will be extended on the associated radio tower site leases. During the year ended December 31, 2022, the Company recorded $150 million of assets obtained in exchange for lease liabilities due to an assumption that it is reasonably certain that renewal options will be extended on its radio tower site leases operated within the Airwave communications network consistent with the contract extension of the radio communication services through 2026. In addition, assets obtained in exchange for lease liabilities of $34 million were recorded in connection with the Company's acquisition of TETRA Ireland.
December 31, 2023December 31, 2022
Weighted average remaining lease terms (years)
55
Weighted average discount rate
4.34 %4.07 %
Future Lease Payments
December 31 (in millions)
Amount
2024$145 
2025132 
2026115 
202766 
202841 
Thereafter92 
Total lease payments$591 
Less: Interest59 
Present value of operating lease liabilities
$532 
Leases Leases
The Company leases certain office, factory and warehouse space, land and other equipment under various operating leases.
Components of Lease Expense
(in millions)December 31, 2023December 31, 2022December 31, 2021
Lease expense:
Operating lease cost$140 $130 $133 
Short-term lease cost$1 $1 $2 
Variable cost36 33 36 
Sublease income(5)(5)(7)
Net lease expense from operating leases
$172 $159 $164 
Operating Lease Assets and Liabilities
(in millions)Statement Line ClassificationDecember 31, 2023December 31, 2022
Right-of-use lease assetsOperating lease assets$495 $485 
Current lease liabilitiesAccrued liabilities$125 $118 
Non-current lease liabilitiesOperating lease liabilities$407 $419 
Other Information Related to Leases
(in millions)December 31, 2023December 31, 2022December 31, 2021
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$147 $145 $145 
Right-of-use assets obtained in exchange for lease liabilities
$98 $221 $40 
Assets obtained in exchange for lease liabilities during the year ended December 31, 2023 included $66 million of additional leases due to renewals of three large managed services contracts due to an assumption that it is reasonably certain that renewal options will be extended on the associated radio tower site leases. During the year ended December 31, 2022, the Company recorded $150 million of assets obtained in exchange for lease liabilities due to an assumption that it is reasonably certain that renewal options will be extended on its radio tower site leases operated within the Airwave communications network consistent with the contract extension of the radio communication services through 2026. In addition, assets obtained in exchange for lease liabilities of $34 million were recorded in connection with the Company's acquisition of TETRA Ireland.
December 31, 2023December 31, 2022
Weighted average remaining lease terms (years)
55
Weighted average discount rate
4.34 %4.07 %
Future Lease Payments
December 31 (in millions)
Amount
2024$145 
2025132 
2026115 
202766 
202841 
Thereafter92 
Total lease payments$591 
Less: Interest59 
Present value of operating lease liabilities
$532