v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lease Cost
The components of lease costs related to the Company’s operating leases included in the consolidated statements of operations for the periods presented were as follows (in millions):
Year Ended December 31,
202120222023
Operating lease costs$52 $81 $108 
Short-term lease costs17 9 12 
Sublease income(3)(4)(3)
Total lease costs$66 $86 $117 
Lease terms and discount rates for operating leases were as follows:
December 31, 2022December 31, 2023
Weighted-average remaining lease term (in years)8.087.76
Weighted-average discount rate6.39%6.60%
Supplemental cash flow and non-cash information was as follows (in millions):
Year Ended December 31,
20222023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$75 $113 
ROU assets obtained in exchange for new lease liabilities
Operating leases$154 $85 
Future Minimum Lease Payments Required under Operating Leases
As of December 31, 2023, the future minimum lease payments required under operating leases were as follows (in millions):
Year Ending December 31,Amount
2024$100 
202598 
202695 
202778 
202871 
Thereafter308 
Total future minimum lease payments750 
Less: Lease not commenced(66)
Less: Imputed interest(160)
Less: Tenant improvement receivable(2)
Present value of future minimum lease payments$522