The following table presents components of lease cost included in general and administration expense on the consolidated statements of income:


(in millions)	2023		2022		2021
Lease cost:
Operating lease cost(1)	$	189	$	216	$	184
Variable lease cost(2)		49		39		44
Total lease cost	$	238	$	255	$	228

(1)

Amounts include short-term leases, which are immaterial for 2023, 2022 and 2021.

(2)

Amounts include operating lease payments, which may be adjusted based on usage, changes in an index or market rate, as well as common area maintenance charges and other variable costs not included in the measurement of ROU assets and operating lease liabilities.

Supplemental information related to operating leases is summarized below:


(in millions)	2023		2022		2021
Supplemental cash flow information:
Operating cash flows from operating leases included in the measurement of operating lease liabilities	$	142	$	162	$	75

Supplemental noncash information:
ROU assets in exchange for operating lease liabilities	$	32	$	115	$	1,165



	December 31, 2023			December 31, 2022
Lease term and discount rate:
Weighted-average remaining lease term		15	years		16	years
Weighted-average discount rate		3	%		3	%


(in millions)
Maturity of operating lease liabilities at December 31, 2023	Amount
2024	$	180
2025		164
2026		153
2027		147
2028		141
Thereafter		1,379
Total lease payments		2,164
Less: imputed interest		(380	)
Present value of lease liabilities	$	1,784