LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of Supplemental Information Related to Operating Leases

The following table summarizes balance sheet and other information related to our operating leases:

		December 31,
(in millions, except weighted average amounts)	Classification	2023			2022
Right-of-use assets, net	Other long-term assets	$	581		$	505
Lease liabilities – current	Other current liabilities	$	125		$	111
Lease liabilities – noncurrent	Other long-term obligations	$	546		$	467
Weighted average remaining lease term		7.5 years			8.1 years
Weighted average discount rate		3.22		%	2.80		%

The following table summarizes other supplemental information related to our operating leases:

	Year Ended December 31,
(in millions)	2023		2022
Cash paid for amounts included in the measurement of lease liabilities	$	88	$	98
Right-of-use assets obtained in exchange for lease liabilities(1)	$	214	$	97

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(1)     These represent noncash activities and were therefore not included on our Consolidated Statements of Cash Flows.

Summary of Operating Lease Aggregate Future Lease Payments

The following table summarizes a maturity analysis of our operating lease liabilities showing the aggregate lease payments as of December 31, 2023:

(in millions)	Amount
2024	$	143
2025	123
2026	95
2027	76
2028	70
Thereafter	257
Total undiscounted lease payments	763
Less: imputed interest	92
Total discounted lease payments	$	671