Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

Leases

Lease-related asset and liability balances consist of the following at December 31:

	2022			2021
Operating Leases
Right-of-use assets	$	615		$	562
Accrued and other liabilities	$	116		$	106
Operating lease liabilities	504			461
Total operating lease liabilities	$	620		$	567
Weighted Average Remaining Term (in years)	9			9
Weighted Average Lease Discount Rate	2.9		%	2.7		%

The Company's operating lease cost is comprised of payments related to operating leases recorded in the consolidated balance sheet and short-term rental payments for leases that are not recorded in the consolidated balance sheet. Variable operating lease cost was not material to the consolidated statements of operations for the years ended December 31, 2022, 2021, and 2020. The components of operating lease expense were as follows:

	Year Ended December 31,
	2022		2021		2020
Operating lease cost (1)	$	139	$	117	$	117
Short-term lease cost	101		85		70
Total operating lease cost	$	240	$	202	$	187

_____________________________

(1)Includes fixed lease payments for operating leases recorded in the consolidated balance sheet.

Maturities of lease liabilities were as follows at December 31, 2022:

	Operating Leases
2023	$	129
2024	108
2025	87
2026	74
2027	64
Thereafter	275
Total lease payments	737
Less: imputed interest	(117)
Present value of lease liabilities	$	620

Related Party Leases

The Company leases certain assets under operating leases with related parties. Right-of-use assets and the associated operating lease liabilities for related party operating leases were approximately $29 and $33 as of December 31, 2022 and December 31, 2021, respectively. The Company recognized operating lease cost for fixed lease payments to related parties of $6 and $11 for the years ended December 31, 2022 and 2021, respectively.