Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Supplemental Cash Flow Information Related to Leases

The following table presents supplemental balance sheet information related to our operating leases:

	As of December 31,
(in millions)	2021		2020
Assets
Operating lease right-of-use assets in Other long-term assets	$	435	$	458
Liabilities
Operating lease liabilities in Other current liabilities	71		70
Operating lease liabilities in Other long-term liabilities	389		401

Lease, Cost

The following table presents the weighted average remaining lease term and discount rate information related to our operating leases:

	As of December 31,
	2021	2020
Weighted average remaining lease term	10 years	11 years
Weighted average discount rate	2.6%	2.4%

Supplemental Cash Flow Information Related to Leases

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

	Year Ended December 31,
(in millions)	2021		2020
Cash paid for amounts included in the measurement of operating lease liabilities
Operating cash flows from operating leases	$	87	$	91

Maturities of Lease Liabilities

The following table presents the maturities of our operating lease liabilities as of December 31, 2021 (in millions):

Fiscal year	Operating Leases
2022	$	86
2023	69
2024	56
2025	49
2026	40
Thereafter	228
Total future minimum operating lease payments	528
Less: imputed interest	(68)
Present value of operating lease liabilities	$	460