Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lease Related Assets and Liabilities

The following schedule presents ROU assets and lease liabilities with associated weighted average remaining life and discount rate:

	December 31,
(Dollar amounts in millions)	2022			2021
Operating leases
ROU assets, net of amortization	$	173		$	195
Lease liabilities	198			222
Finance leases
ROU assets, net of amortization	4			4
Lease liabilities	4			4
Weighted average remaining lease term (years)
Operating leases	8.4			8.5
Finance leases	17.4			18.3
Weighted average discount rate
Operating leases	2.9		%	2.8		%
Finance leases	3.1		%	3.1		%

Lease Expense

Additional information related to lease expense is presented below:

	Year Ended December 31,
(In millions)	2022		2021		2020
Lease expense:
Operating lease expense	$	46	$	47	$	49
Other expenses associated with operating leases 1	51		50		49
Total lease expense	$	97	$	97	98
Related cash disbursements for operating leases	$	50	$	50	$	51

1 Other expenses primarily relate to property taxes and building and property maintenance.

Lease Maturity Analysis

The following schedule presents the total contractual undiscounted lease payments for operating lease liabilities by expected due date for each of the next five years:

(In millions)	Total undiscounted lease payments
2023	$	47
2024	39
2025	29
2026	24
2027	15
Thereafter	75
Total	$	229