Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases

Summary of lease balance sheet information

Supplemental balance sheet information for our leases as of December 31 is as follows (in millions):

Leases	Classification	2021		2020
Assets
Long-term:
Operating	Other assets	$	451	$	466
Financing	Property and equipment, net of accumulated depreciation and amortization		364		386
Total lease assets		$	815	$	852
Liabilities
Current:
Operating	Accrued liabilities	$	64	$	63
Financing	Current portion of long-term debt		47		50
Long-term:
Operating	Other liabilities		459		453
Financing	Long-term debt, less current portion		291		314
Total lease liabilities		$	861	$	880

Summary of maturities of operating lease liabilities

		Operating		Financing
2022	$	75	$	55
2023		68		50
2024		61		44
2025		51		40
2026		42		36
Thereafter		410		209
Total undiscounted lease payments	$	707	$	434
Less: interest		(184)		(96)
Discounted lease liabilities	$	523	$	338

Summary of maturities of finance lease liabilities

Minimum contractual obligations for our leases (undiscounted) as of December 31, 2021 are as follows (in millions):

		Operating		Financing
2022	$	75	$	55
2023		68		50
2024		61		44
2025		51		40
2026		42		36
Thereafter		410		209
Total undiscounted lease payments	$	707	$	434
Less: interest		(184)		(96)
Discounted lease liabilities	$	523	$	338