United states securities and exchange commission

Operating
Leases
Finance
Leases
Total
2023
$ 
1,758 $ 
155 $ 
1,913 
2024
1,742
130
1,872 
2025
1,677
81
1,758 
2026
1,382
48
1,430 
2027
1,143
34
1,177 
Thereafter
5,080
906
5,986 
Total undiscounted liabilities
12,782
1,354
14,136 
Less: Imputed interest
(1,312)
(413)
(1,725) 
Total lease liabilities
$ 
11,470 $ 
941 $ 
12,411 
The weighted-average remaining lease term related to the Company’s lease liabilities as of September 24, 2022 and 
September 25, 2021 was 10.1 years and 10.8 years, respectively. The discount rate related to the Company’s lease liabilities as 
of September 24, 2022 and September 25, 2021 was 2.3% and 2.0%, respectively.
As of September 24, 2022, the Company had $1.2 billion of future payments under additional leases, primarily for corporate 
facilities and retail space, that had not yet commenced. These leases will commence between 2023 and 2026, with lease terms 
ranging from less than 1 year to 21 years.
Apple Inc. | 2022 Form 10-K | 44

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Note 7 – Debt
Commercial Paper and Repurchase Agreements
The Company issues unsecured short-term promissory notes (“Commercial Paper”) pursuant to a commercial paper program. 
The Company uses net proceeds from the commercial paper program for general corporate purposes, including dividends and 
share repurchases. As of September 24, 2022 and September 25, 2021, the Company had $10.0 billion and $6.0 billion of 
Commercial Paper outstanding, respectively, with maturities generally less than nine months. The weighted-average interest rate 
of the Company’s Commercial Paper was 2.31% and 0.06% as of September 24, 2022 and September 25, 2021, respectively. 
The following table provides a summary of cash flows associated with the issuance and maturities of Commercial Paper for 
2022, 2021 and 2020 (in millions):