Leases and Other Commitments

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Leases

Our total operating lease expense was $7 million and $6 million for the three months ended March 31, 2024, and 2023, respectively. The total amount of variable and short-term lease payments was immaterial for all periods presented.

Supplemental balance sheet and cash flow information related to operating leases is as follows:

	As of
	March 31, 2024			December 31, 2023
Operating lease right-of-use assets	$	48		$	52
Accrued liabilities	19			19
Operating lease liabilities	34			39
Total operating lease liabilities	$	53		$	58
Weighted average remaining lease term, years	3			4
Weighted average discount rate	6		%	6		%

	Three Months Ended March 31,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	6	$	5
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	$	1	$	—

Lease liability maturities:

	Remainder of 2024		2025		2026		2027		2028		Thereafter		Less Imputed Interest		Total
Operating leases	$	15	$	18	$	13	$	7	$	4	$	1	$	(5)	$	53

As of March 31, 2024, we did not have material additional operating leases that have not yet commenced.