v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Lease, Cost [Table Text Block]
The following table sets forth the amounts relating to the Company’s total lease cost and other information.

Year Ended December 31
202320222021
(In millions)
Lease cost:
Operating lease cost$390 $356 $336 
Short-term lease cost126 127 117 
Total lease cost$516 $483 $453 
Other information:
Operating lease liability principal payments$374 $339 $325 
Right-of-use assets obtained in exchange for new operating lease liabilities$327 $357 $197 
December 31
20232022
Weighted-average remaining lease term - operating leases (in years)77
Weighted average discount rate - operating leases4.1 %3.7 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Below is a tabular disclosure of the future annual undiscounted cash flows for operating lease liabilities as of December 31, 2023.
 Undiscounted
 Cash Flows
 (In millions)
2024$334 
2025260 
2026186 
2027146 
2028101 
Thereafter339 
Total1,366 
Less interest (1)
(135)
Lease liability$1,231 

(1) Calculated using the implicit rate of the lease, if available, or the incremental borrowing rate that is appropriate for the tenor and geography of the lease.