XML 58 R43.htm IDEA: XBRL DOCUMENT v3.22.4
LEASES FOOTNOTE DISCLOSURE LEASES FOOTNOTE DISCLOSURE (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost
The components of our lease cost were as follows:
Years ended December 31,
In millions202220212020
Operating lease cost$160 $172 $172 
Finance lease cost
Amortization of right-of-use asset19 16 18 
Interest expense4 
Short-term lease cost23 18 19 
Variable lease cost12 11 12 
Total lease cost$218 $221 $225 
Schedule Of Supplemental Balance Sheet Information Related To Leases Table
Supplemental balance sheet information related to leases:
December 31,
In millions20222021Balance Sheet Location
Assets
Operating lease assets$492 $444 Other assets
Finance lease assets(1)
117 95 Property, plant and equipment, net
Total lease assets$609 $539 
Liabilities
Current
Operating lease liabilities$132 $128 Other accrued expenses
Finance lease liabilities32 14 Current maturities of long-term debt
Long-term
Operating lease liabilities368 326 Other liabilities
Finance lease liabilities81 75 Long-term debt
Total lease liabilities$613 $543 
(1) Finance lease assets were recorded net of accumulated amortization of $78 million and $66 million at December 31, 2022 and 2021.
Schedule Of Supplemental Cash Flow Information Related To Leases Table
Supplemental cash flow and other information related to leases:
Years ended December 31,
In millions202220212020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$151 $159 $149 
Operating cash flows from finance leases4 
Financing cash flows from finance leases16 14 14 
Right-of-use assets obtained in exchange for lease obligations
Operating leases$148 $160 $97 
Finance leases29 13 19 
Schedule Of Supplemental Other Information Related To Leases Table
Additional information related to leases:
December 31,
20222021
Weighted-average remaining lease term (in years)
Operating leases5.45.1
Finance leases7.99.8
Weighted-average discount rate
Operating leases3.7 %2.8 %
Finance leases4.7 %3.9 %
Lessee, Finance and Operating Lease, Liability, Maturity
Following is a summary of the future minimum lease payments due to finance and operating leases with terms of more than one year at December 31, 2022, together with the net present value of the minimum payments:
In millionsFinance LeasesOperating Leases
2023$37 $145 
202416 118 
202513 93 
202610 62 
202745 
After 202753 94 
Total minimum lease payments138 557 
Interest(25)(57)
Present value of net minimum lease payments$113 $500