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Leases
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases Leases
We have operating and finance leases for offices, terrestrial repeaters, data centers and certain equipment. Our leases have remaining lease terms of less than 1 year to 19 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We elected the practical expedient to
account for the lease and non-lease components as a single component. Additionally, we elected the practical expedient to not recognize right-of-use assets or lease liabilities for short-term leases, which are those leases with a term of twelve months or less at the lease commencement date.
During the years ended December 31, 2023, 2022 and 2021, we ceased using certain leased locations and recorded an impairment charge of $12, $16 and $18, respectively, to write down the carrying value of the right-of-use assets for these locations to their estimated fair values. Refer to Note 5 for additional information.
The components of lease expense were as follows:
For the Years Ended December 31,
20232022
Operating lease cost$61 $76 
Finance lease cost
Sublease income(3)(3)
Total lease cost$62 $74 
Supplemental cash flow information related to leases was as follows:
For the Years Ended December 31,
20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$77 $81 
Financing cash flows from finance leases$$
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$16 $28 
Supplemental balance sheet information related to leases was as follows:
December 31, 2023December 31, 2022
Operating Leases
Operating lease right-of-use assets$279 $315 
Operating lease current liabilities46 50 
Operating lease liabilities292 320 
Total operating lease liabilities$338 $370 
December 31, 2023December 31, 2022
Finance Leases
Property and equipment, gross$33 $22 
Accumulated depreciation(12)(8)
Property and equipment, net$21 $14 
Current maturities of debt$$
Long-term debt10 
Total finance lease liabilities$15 $12 
December 31, 2023December 31, 2022
Weighted Average Remaining Lease Term
Operating leases7 years8 years
Finance leases3 years4 years
December 31, 2023December 31, 2022
Weighted Average Discount Rate
Operating leases5.2 %5.2 %
Finance leases2.3 %2.3 %
Maturities of lease liabilities were as follows:
Operating LeasesFinance Leases
Year ending December 31,
2024$61 $
202564 
202661 
202755 — 
202848 — 
Thereafter116 — 
Total future minimum lease payments405 15 
Less imputed interest(67)— 
Total$338 $15 
Leases Leases
We have operating and finance leases for offices, terrestrial repeaters, data centers and certain equipment. Our leases have remaining lease terms of less than 1 year to 19 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We elected the practical expedient to
account for the lease and non-lease components as a single component. Additionally, we elected the practical expedient to not recognize right-of-use assets or lease liabilities for short-term leases, which are those leases with a term of twelve months or less at the lease commencement date.
During the years ended December 31, 2023, 2022 and 2021, we ceased using certain leased locations and recorded an impairment charge of $12, $16 and $18, respectively, to write down the carrying value of the right-of-use assets for these locations to their estimated fair values. Refer to Note 5 for additional information.
The components of lease expense were as follows:
For the Years Ended December 31,
20232022
Operating lease cost$61 $76 
Finance lease cost
Sublease income(3)(3)
Total lease cost$62 $74 
Supplemental cash flow information related to leases was as follows:
For the Years Ended December 31,
20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$77 $81 
Financing cash flows from finance leases$$
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$16 $28 
Supplemental balance sheet information related to leases was as follows:
December 31, 2023December 31, 2022
Operating Leases
Operating lease right-of-use assets$279 $315 
Operating lease current liabilities46 50 
Operating lease liabilities292 320 
Total operating lease liabilities$338 $370 
December 31, 2023December 31, 2022
Finance Leases
Property and equipment, gross$33 $22 
Accumulated depreciation(12)(8)
Property and equipment, net$21 $14 
Current maturities of debt$$
Long-term debt10 
Total finance lease liabilities$15 $12 
December 31, 2023December 31, 2022
Weighted Average Remaining Lease Term
Operating leases7 years8 years
Finance leases3 years4 years
December 31, 2023December 31, 2022
Weighted Average Discount Rate
Operating leases5.2 %5.2 %
Finance leases2.3 %2.3 %
Maturities of lease liabilities were as follows:
Operating LeasesFinance Leases
Year ending December 31,
2024$61 $
202564 
202661 
202755 — 
202848 — 
Thereafter116 — 
Total future minimum lease payments405 15 
Less imputed interest(67)— 
Total$338 $15