v3.22.2.2
LEASES (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Component of Lease Expense, Other Information and Cash Flows
The components of lease expense were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)2021202220212022
Fixed operating lease costs$$$16 $27 
Variable operating lease costs
Short-term lease costs— — 
Total lease costs$$11 $21 $32 
Other information related to our operating leases was as follows:
December 31,September 30,
20212022
Weighted-average remaining lease term7.29 years7.45 years
Weighted-average discount rate6.27 %6.41 %
Cash flows related to leases were as follows:
Nine Months Ended
September 30,
(in millions)20212022
Operating cash flows:
Payments for operating lease liabilities$— $18 
Supplemental cash flow data:
Lease liabilities arising from obtaining right-of-use assets$97 $32 
Schedule of Future Minimum Lease Payments
Future minimum lease payments under non-cancellable operating leases (with initial lease terms in excess of one year) as of September 30, 2022 are as follows:
(in millions)
Remainder of 2022$
202333 
202431 
202530 
202622 
Thereafter85 
Total undiscounted lease payments209 
Less: imputed interest(44)
Less: lease incentives(5)
Total lease liabilities$160