XML 39 R21.htm IDEA: XBRL DOCUMENT v3.24.4
Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lessee, Operating Leases [Text Block]
14. LEASES
Total Lease Cost
Total lease cost is included in Product and Service costs in the consolidated statement of earnings and comprehensive income and is recorded net of immaterial sublease income. Total lease cost is comprised of the following:
Year Ended December 31
$ in millions202420232022
Operating lease cost$370 $358 $332 
Variable lease cost49 48 35 
Short-term lease cost51 69 51 
Total lease cost$470 $475 $418 
Supplemental Balance Sheet Information
Supplemental operating lease balance sheet information consists of the following:
Year Ended December 31
$ in millions20242023
Operating lease right-of-use assets$1,770 $1,818 
Other current liabilities324 300 
Operating lease liabilities1,798 1,892 
Total operating lease liabilities$2,122 $2,192 
Other Supplemental Information
Other supplemental operating lease information consists of the following:
Year Ended December 31
$ in millions20242023
Cash paid for amounts included in the measurement of operating lease liabilities$373 $341 
Right-of-use assets obtained in exchange for new lease liabilities272 314 
Weighted average remaining lease term10.4 years11.0 years
Weighted average discount rate4.0 %3.9 %
Maturities of Lease Liabilities
Maturities of operating lease liabilities as of December 31, 2024 are as follows:
$ in millions
Year Ending December 31
2025$388 
2026357 
2027299 
2028258 
2029225 
Thereafter1,091 
Total lease payments2,618 
Less: imputed interest(496)
Present value of operating lease liabilities$2,122 
As of December 31, 2024, we have approximately $498 million in rental commitments for real estate leases that have not yet commenced. These leases are expected to commence in 2025 and 2026 with lease terms of 3 to 20 years.