XML 86 R52.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease Cost
Lease Cost:
For the Year Ended December 31,
(In millions)202520242023
Finance lease cost$9 $9 $8 
   Amortization of right-of-use assets8 8 7 
   Interest on lease liabilities1 1 1 
Operating lease cost(a)
63 89 93 
Short-term lease cost46 32 42 
Variable lease cost138 91 91 
Sublease income— — (2)
Total lease cost$256 $221 $232 
(a)Cottonwood lease ended in May 2025
Other information:
For the Year Ended December 31,
(In millions)202520242023
Cash paid for amounts included in the measurement of lease liabilities:
   Operating cash flows from operating leases$187 $190 $195 
      Financing cash flows from finance leases8 8 7 
Right-of-use assets obtained in exchange for new finance lease liabilities19 13 17 
Right-of-use assets obtained in exchange for new operating lease liabilities32 69 52 

Lease Term and Discount Rate for leases:
December 31, 2025December 31, 2024
Finance leases:
Weighted average remaining lease term (in years)3.72.7
Weighted average discount rate6.24 %6.26 %
Operating leases:
Weighted average remaining lease term (in years)7.85.4
Weighted average discount rate6.26 %6.23 %
Schedule of Annual Payments Based on Maturities of Leases
As of December 31, 2025, annual payments based on the maturities of the Company's operating leases are expected to be as follows:
In millions
2026$50 
202746 
202836 
202925 
203022 
Thereafter104 
Total undiscounted lease payments$283 
Less: present value adjustment(104)
Total discounted lease payments$179