v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Assets and Liabilities, Lessee The following table presents the carrying value of operating lease right-of-use assets and lease liabilities recorded within the corresponding line items on the Company’s Consolidated Balance Sheets (in millions):
December 31, 2021December 31, 2022
Operating lease assets, net$228 $330 
Current portion of lease liabilities and other current liabilities$46 $68 
Long-term lease liabilities218 311 
Total lease liabilities$264 $379 
Lessee, Operating Lease, Liability, Maturity
The following table summarizes the contractual maturities of operating lease liabilities as of December 31, 2022 (in millions):

Operating Leases
2023$91 
202481 
202575 
202668 
202757 
Thereafter99 
Total undiscounted liabilities471 
Less: Present value discount(92)
Total lease liabilities$379 
Lease, Cost
The weighted average remaining lease term and weighted average discount rate for operating leases were as follows:

December 31, 2020December 31, 2021December 31, 2022
Weighted average remaining operating lease term (in years)5.86.15.9
Weighted average operating lease discount rate3.8 %4.0 %7.0 %

Supplemental cash flow information related to operating leases is as follows (in millions):

Years Ended December 31,
202020212022
Cash paid for amounts included in the measurement of operating lease liabilities$11 $31 $65 
Right-of-use assets obtained in exchange for operating lease liabilities (non-cash)$87 $178 $158