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Leases
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases
12. Leases

Our lease arrangements are primarily for: (1) corporate, administrative, and development studio offices; and (2) data centers and server equipment. Our existing leases have remaining lease terms ranging from one to eight years. In certain instances, such leases include one or more options to renew, with renewal terms that generally extend the lease term by one to five years for each option. The exercise of lease renewal options is generally at our sole discretion. All of our existing leases are classified as operating leases.

Components of our lease costs are as follows (amounts in millions):

Year Ended December 31, 2021Year Ended December 31, 2020Year Ended December 31, 2019
Operating leases
Operating lease costs$78 $75 $75 
Variable lease costs18 20 20 

Supplemental information related to our operating leases is as follows (amounts in millions):

Year Ended December 31, 2021Year Ended December 31, 2020Year Ended December 31, 2019
Supplemental Operating Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities$75 $77 $80 
ROU assets obtained in exchange for new lease obligations64 80 65 
At December 31, 2021At December 31, 2020
Weighted Average Lease terms and discount rates
Remaining lease term4.10 years4.48 years
Discount rate3.01 %3.40 %

Future undiscounted lease payments for our operating lease liabilities, and a reconciliation of these payments to our operating lease liabilities at December 31, 2021, are as follows (amounts in millions):

For the years ending December 31, 
2022$84 
202381 
202463 
202543 
202621 
Thereafter15 
Total future lease payments$307 
Less imputed interest(18)
Total lease liabilities$289 
Operating lease ROU assets and liabilities recorded on our consolidated balance sheet as of December 31, 2021 and December 31, 2020, were as follows (amounts in millions):

At December 31, 2021At December 31, 2020Balance Sheet Classification
ROU assets$237 $243 Other assets
Current lease liabilities$77 $66 Accrued expenses and other current liabilities
Non-current lease liabilities212 224 Other liabilities
$289 $290 Total lease liabilities