Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of balances for operating and finance ROU assets and lease liabilities

The following table presents the balances for operating and finance ROU assets and lease liabilities:

Leases	Balance Sheet Classification	December 31, 2023		December 31, 2022
		(in millions)
Assets
Operating lease assets	Other assets	$	259	$	268
Finance lease assets	Other assets	18		28
Total lease assets		$	277	$	296
Liabilities
Operating lease liabilities	Other liabilities	$	325	$	317
Finance lease liabilities	Long-term debt	20		30
Total lease liabilities		$	345	$	347

Schedule of components of lease cost

The following table presents the components of lease cost:

		Years Ended December 31,
Lease Cost	Income Statement Classification	2023		2022		2021
		(in millions)
Operating lease cost	General and administrative expense	$	55	$	61	$	57
Finance lease cost:
Amortization of ROU assets	General and administrative expense	10		10		13
Interest on lease liabilities	Interest and debt expense	1		1		2
Total lease cost		$	66	$	72	$	72

Schedule of weighted average lease term and discount rate related to operating and finance leases

The following table presents the weighted-average lease term and weighted-average discount rate related to operating and finance leases:

	December 31, 2023				December 31, 2022
Lease Term and Discount Rate	Finance Leases		Operating Leases		Finance Leases		Operating Leases
Weighted-average remaining lease term (years)	1.8		6.4		2.8		6.7
Weighted-average discount rate	3.4	%	2.7	%	3.4	%	2.1	%

Schedule of supplemental cash flow Information

The following table presents supplemental cash flow information related to operating and finance leases:

	Years Ended December 31,
Supplemental Cash Flow Information	2023		2022		2021
	(in millions)
Operating cash flows:
Cash paid for amounts included in measurement of operating lease liabilities	$	68	$	65	$	50
Cash paid for amounts included in measurement of finance lease liabilities	1		1		2
Financing cash flows:
Cash paid for amounts included in measurement of finance lease liabilities	$	10	$	10	$	9

Schedule of maturities of liabilities of finance leases

The following table presents the maturities of lease liabilities:

Maturity of Lease Liabilities	December 31, 2023
	Finance Leases		Operating Leases
	(in millions)
2024	$	11	$	68
2025	10		65
2026	—		58
2027	—		47
2028	—		35
Thereafter	—		80
Total lease payments	21		353
Less: interest	1		28
Present value of lease liabilities	$	20	$	325

Schedule of maturities of liabilities of operating leases

The following table presents the maturities of lease liabilities:

Maturity of Lease Liabilities	December 31, 2023
	Finance Leases		Operating Leases
	(in millions)
2024	$	11	$	68
2025	10		65
2026	—		58
2027	—		47
2028	—		35
Thereafter	—		80
Total lease payments	21		353
Less: interest	1		28
Present value of lease liabilities	$	20	$	325