LEASES

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

LEASE COMMITMENTS

LEASESThe Company has operating leases, substantially all of which relate to the lease of office space. The Company’s leases which are classified as finance leases are not material to the consolidated financial statements. Certain of the Company’s leases include options to renew, with renewal terms that can extend the lease term from one year to 20 years at the Company’s discretion.

The following table presents the components of the Company’s lease cost:

	Three Months Ended March 31,
	2023		2022
Operating lease cost	$	24	$	27
Sublease income	(2)		(2)
Variable lease cost	5		5
Total lease cost	$	27	$	30

The following tables present other information related to the Company’s operating leases:

	Three Months Ended March 31,
	2023		2022
Cash paid for amounts included in the measurement of operating lease liabilities	$	30	$	31
Right-of-use assets obtained in exchange for new operating lease liabilities	$	5	$	15

	March 31, 2023		March 31, 2022
Weighted-average remaining lease term	4.8 years		5.5 years
Weighted-average discount rate applied to operating leases	3.1	%	3.1	%

The following table presents a maturity analysis of the future minimum lease payments included within the Company’s operating lease liabilities at March 31, 2023:

Year Ending December 31,	Operating Leases
2023 (After March 31,)	$	90
2024	113
2025	100
2026	81
2027	65
After 2027	41
Total lease payments (undiscounted)	490
Less: Interest	35
Present value of lease liabilities:	$	455
Lease liabilities - current	$	106
Lease liabilities - noncurrent	$	349