XML 72 R52.htm IDEA: XBRL DOCUMENT v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Lease, Cost [Table Text Block]
The components of lease cost are as follows:
Year Ended December 31,Statement of Operations Classification
202520242023
(In $ millions)
Operating lease cost94 99 99 Cost of sales / Selling, general and administrative expenses
Short-term lease cost13 18 19 Cost of sales / Selling, general and administrative expenses
Variable lease cost17 17 13 Cost of sales / Selling, general and administrative expenses
Finance lease cost
Amortization of leased assets18 20 21 Cost of sales
Interest on lease liabilities7 8 10 Interest expense
Total
149 162 162 
Assets and liabilities, lessee [Table Text Block]
Balances related to leases are as follows:
As of December 31,Balance Sheet Classification
20252024
(In $ millions)
Lease Assets
Operating lease assets359 388 Operating lease ROU assets
Finance lease assets106 119 Property, plant and equipment, net
Total
465 507 
Lease Liabilities
Current
Operating71 79 Current Other liabilities
Finance23 23 Short-term borrowings and current installments of long-term debt
Noncurrent
Operating265 294 Operating lease liabilities
Finance106 122 Long-term debt
Total
465 518 
Supplemental lease information [Table Text Block]
As of December 31,
20252024
Weighted-Average Remaining Lease Term (years)
Operating leases8.58.4
Finance leases7.27.7
Weighted-Average Discount Rate
Operating leases3.3 %3.3 %
Finance leases5.3 %5.6 %
CashFlowLessee [Table Text Block]
Cash flow information related to leases is as follows:
Year Ended December 31,
202520242023
(In $ millions)
Operating cash flows from operating leases88 90 92 
Operating cash flows from finance leases7 8 10 
Financing cash flows from finance leases23 24 24 
ROU assets obtained in exchange for finance lease liabilities
2 27 2 
ROU assets obtained in exchange for operating lease liabilities51 70 58 
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
Maturities of lease liabilities are as follows:
As of December 31, 2025
Operating LeasesFinance Leases
(In $ millions)
202677 28 
202761 25 
202850 22 
202944 20 
203037 17 
Later years113 60 
Total lease payments382 172 
Less amounts representing interest(46)(43)
Total
336 129 
Finance Lease, Liability, Maturity [Table Text Block]
Maturities of lease liabilities are as follows:
As of December 31, 2025
Operating LeasesFinance Leases
(In $ millions)
202677 28 
202761 25 
202850 22 
202944 20 
203037 17 
Later years113 60 
Total lease payments382 172 
Less amounts representing interest(46)(43)
Total
336 129