Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Lease Cost

Lease cost recognized in our consolidated statements of operations is summarized as follows (in millions):

	Three Months Ended March 31,
	2024		2025
Operating lease cost	$	2,829	$	3,240
Finance lease cost:
Amortization of lease assets	941		873
Interest on lease liabilities	73		71
Finance lease cost	1,014		944
Variable lease cost	635		696
Total lease cost	$	4,478	$	4,880

Other Information about Lease Amounts Recognized

Other information about lease amounts recognized in our consolidated financial statements is as follows:

	December 31, 2024		March 31, 2025
Weighted-average remaining lease term – operating leases	10.6 years		10.4 years
Weighted-average remaining lease term – finance leases	11.9 years		11.9 years
Weighted-average discount rate – operating leases	3.5	%	3.5	%
Weighted-average discount rate – finance leases	3.0	%	3.0	%

Lease Liabilities

Our lease liabilities were as follows (in millions):

	December 31, 2024
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	95,294	$	12,520	$	107,814
Less: imputed interest	(15,698)		(1,918)		(17,616)
Present value of lease liabilities	79,596		10,602		90,198
Less: current portion of lease liabilities	(10,546)		(1,375)		(11,921)
Total long-term lease liabilities	$	69,050	$	9,227	$	78,277

	March 31, 2025
	Operating Leases		Finance Leases		Total
Gross lease liabilities	$	97,593	$	12,252	$	109,845
Less: imputed interest	(15,862)		(1,869)		(17,731)
Present value of lease liabilities	81,731		10,383		92,114
Less: current portion of lease liabilities	(10,884)		(1,359)		(12,243)
Total long-term lease liabilities	$	70,847	$	9,024	$	79,871