Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows:
For the Years Ended December 31,
2023 2022
Operating lease cost $ 61  $ 76 
Finance lease cost 4  1 
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,
2023 2022
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 $ 5  $ 1 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 16  $ 28 
Schedule of Lessee, Operating and Finance Leases, Supplemental Information
Supplemental balance sheet information related to leases was as follows:
December 31, 2023 December 31, 2022
Operating Leases
Operating lease right-of-use assets $ 279  $ 315 
Operating lease current liabilities 46  50 
Operating lease liabilities 292  320 
Total operating lease liabilities $ 338  $ 370 
December 31, 2023 December 31, 2022
Finance Leases
Property and equipment, gross $ 33  $ 22 
Accumulated depreciation (12) (8)
Property and equipment, net $ 21  $ 14 
Current maturities of debt $ 5  $ 3 
Long-term debt 10  9 
Total finance lease liabilities $ 15  $ 12 
December 31, 2023 December 31, 2022
Weighted Average Remaining Lease Term
Operating leases 7 years 8 years
Finance leases 3 years 4 years
December 31, 2023 December 31, 2022
Weighted Average Discount Rate
Operating leases 5.2  % 5.2  %
Finance leases 2.3  % 2.3  %
Schedule of Maturities of Finance Lease Liabilities
Maturities of lease liabilities were as follows:
Operating Leases Finance Leases
Year ending December 31,
2024 $ 61  $ 4 
2025 64  6 
2026 61  5 
2027 55  — 
2028 48  — 
Thereafter 116  — 
Total future minimum lease payments 405  15 
Less imputed interest (67) — 
Total $ 338  $ 15 
Schedule of Maturities of Operating Lease Liability
Maturities of lease liabilities were as follows:
Operating Leases Finance Leases
Year ending December 31,
2024 $ 61  $ 4 
2025 64  6 
2026 61  5 
2027 55  — 
2028 48  — 
Thereafter 116  — 
Total future minimum lease payments 405  15 
Less imputed interest (67) — 
Total $ 338  $ 15