v3.23.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of components of lease expense, supplemental cash and noncash and balance sheet information
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(In millions)
Lease expense
Operating lease expense$39 $43 $80 $85 
Sublease income(2)(2)(4)(4)
Lease expense, net$37 $41 $76 $81 

Supplemental cash flow information related to leases was as follows:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$43 $42 $86 $83 
Right-of-use (“ROU”) lease assets obtained in exchange for new operating lease liabilities$23 $11 $22 $94 
Other non-cash ROU lease asset activity$(4)$(15)$(25)$(25)

Supplemental balance sheet information related to leases was as follows:
June 30,
2023
December 31,
2022
(In millions, except weighted-average figures)
Operating ROU lease assets$495 $574 
Current operating lease liabilities152 151 
Operating lease liabilities509 569 
Total operating lease liabilities$661 $720 
Weighted-average remaining lease term—operating leases
5.6 years5.7 years
Weighted-average discount rate—operating leases
4 %3 %
Schedule of future minimum operating lease payments
Future minimum lease payments for our operating leases as of June 30, 2023 were as follows:
Operating Leases
Fiscal years:(In millions)
Remaining 2023$88 
2024162 
2025118 
2026108 
202795 
Thereafter164 
Total$735 
Less: present value discount(74)
Lease liability$661