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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Operating Lease, Lease Income [Table Text Block]
The following table presents lease revenue from operating leases in which the Company is the lessor, recognized in Revenue on the Condensed Consolidated Statements of Operations for the periods indicated (in millions):
Three Months Ended March 31,
Operating Lease Revenue20242023
Total lease revenue$115 $121 
Less: Variable lease revenue(13)(8)
Total Non-variable lease revenue$102 $113 
Sales-type Lease, Lease Income [Table Text Block]
The following table shows the future lease receipts as of March 31, 2024 for the remainder of 2024 through 2028 and thereafter (in millions):
Future Cash Receipts for
Sales-Type Leases
Operating Leases
2024$25 $292 
202533 390 
202633 279 
202733 183 
202833 60 
Thereafter461 490 
Total$618 $1,694 
Less: Imputed interest(307)
Present value of total lease receipts$311 
Property, Plant, and Equipment, Lessor Asset under Operating Lease
The following table presents the underlying gross assets and accumulated depreciation of operating leases included in Property, plant and equipment on the Condensed Consolidated Balance Sheets as of the periods indicated (in millions):
Property, Plant and Equipment, NetMarch 31, 2024December 31, 2023
Gross assets$1,178 $1,227 
Less: Accumulated depreciation(190)(182)
Net assets$988 $1,045