v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost [Table Text Block]
The components of lease cost for operating and finance leases for the years ended December 31, 2022, 2021 and 2020 were as follows:

Lease Cost202220212020
In millions
Operating lease cost$25 $23 $20 
Short-term lease cost31 28 22 
Variable lease cost19 39 8 
Amortization of right-of-use assets - finance3 3 2 
Total lease cost$78 $93 $52 
Schedule of Supplemental Cash Flow Information Related to Leases [Table Text Block]
The following table provides supplemental cash flow and other information related to leases:

Other Lease Information202220212020
In millions
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$25 $23 $19 
Financing cash flows for finance leases$3 $3 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $2 $15 $48 
Finance leases$1 $5 $3 
Schedule of Lease Assets and Liabilities [Table Text Block]
The following table summarizes the lease-related assets and liabilities recorded in the consolidated balance sheets at December 31, 2022 and 2021:

Lease PositionBalance Sheet ClassificationDec 31, 2022Dec 31, 2021
In millions
Assets
Operating lease assetsOperating lease right-of-use assets$107 $122 
Finance lease assetsProperty20 19 
Finance lease amortizationAccumulated depreciation(13)(11)
Total lease assets$114 $130 
Liabilities
Current
OperatingOperating lease liabilities - current$21 $20 
FinanceLong-term debt due within one year3 3 
Noncurrent
OperatingOperating lease liabilities - noncurrent87 103 
FinanceLong-Term Debt4 6 
Total lease liabilities$115 $132 
Lease Terms and Discount Rates [Table Text Block]
The weighted-average remaining lease term and discount rate for leases recorded in the consolidated balance sheets at December 31, 2022 and 2021 are provided below:

Lease Term and Discount RateDec 31, 2022Dec 31, 2021
Weighted-average remaining lease term
Operating leases6.3 years7.1 years
Finance leases2.5 years3.1 years
Weighted-average discount rate
Operating leases3.43 %3.17 %
Finance leases2.33 %2.53 %
Maturities of Lease Liabilities [Table Text Block]
The following table provides the maturities of lease liabilities at December 31, 2022:

Maturities of Lease LiabilitiesDec 31, 2022
In millionsOperating LeasesFinance Leases
2023
$24 $3 
202423 3 
202521 2 
202620 — 
20279 — 
2028 and thereafter 22 — 
Total future undiscounted lease payments$119 $8 
Less: Imputed interest11 1 
Total present value of lease liabilities$108 $7